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The latest announcement is out from Burley Minerals Ltd. ( (AU:BUR) ).
Burley Minerals reported progress at its Cane Bore Iron Project in Western Australia during the March 2026 quarter, highlighting ongoing work to advance its iron ore assets alongside its broader iron and lithium portfolio. The company is positioning Cane Bore as a potentially significant iron ore deposit given its proximity to Ashburton Port and neighbouring projects operated by larger miners.
A heritage survey over the North and Step-Out Targets at Cane Bore is scheduled for completion in the June quarter, following close collaboration with local Aboriginal Corporations since early 2025. A maiden drilling program at these targets is set to commence immediately after the survey, supported by an approved Permit of Work, following extensive mapping and sampling that has already delineated substantial surface mineralisation across the project area.
More about Burley Minerals Ltd.
Burley Minerals Ltd is an ASX-listed mineral exploration company focused on iron ore and lithium projects in Western Australia and Quebec, Canada. The company’s flagship Cane Bore Iron Ore Project in the Pilbara region is strategically located less than 100km from Onslow and Ashburton Port, with access to established transport infrastructure and proximity to tenements held by major industry peers.
Average Trading Volume: 363,504
Technical Sentiment Signal: Sell
Learn more about BUR stock on TipRanks’ Stock Analysis page.