Metal Bank Advances WA Gold Strategy and Millennium Critical Minerals Project

Metal Bank Limited ( (AU:MBK) ) has shared an announcement.

Metal Bank Limited has advanced its Western Australian gold strategy during the December 2025 quarter by completing the acquisition of Hastings Technology Metals’ gold assets, including the Whiteheads Project near Kalgoorlie, and progressing work at its Livingstone Gold Project. The company reports that Whiteheads is well positioned for potential fast-tracked production in 2026, supported by a maiden JORC resource at the Seven Leaders prospect and ongoing mine design, while Livingstone’s Homestead and Kingsley prospects are the subject of a continuing scoping study and a newly lodged mining lease application over the Homestead and Winja deposits, underpinned by a 122.6koz JORC 2012 resource that is within trucking distance of existing processing facilities. In Queensland, Metal Bank’s Millennium Co-Cu-Au-graphite project is advancing as a near-term critical minerals development opportunity, with drilling completed under a government-supported exploration initiative, samples submitted for assay, further metallurgical work planned to evaluate high-grade graphite alongside existing cobalt-copper-gold resources, and a new mining lease application lodged over 159 hectares to consolidate and expand its development footprint.

The most recent analyst rating on (AU:MBK) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Metal Bank Limited stock, see the AU:MBK Stock Forecast page.

More about Metal Bank Limited

Metal Bank Limited is an Australian exploration and development company focused on building a portfolio of gold and critical mineral assets, primarily in Western Australia and Queensland. Its projects target near-surface resources with potential for near-term production, leveraging proximity to existing mining and processing infrastructure in established regions such as Kalgoorlie and Cloncurry.

Average Trading Volume: 1,874,167

Technical Sentiment Signal: Sell

Current Market Cap: A$21.45M

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