Resources Top 5: Goldies shine as end to US shutdown nears

• CZN moves to expand gold position at Two Pools in WA   
• New set of high-grade gold results at OZM’s Mulgabbie North
• BMG has eyes on gold at Abercromby and Bullabulling

Your standout small cap resources stocks for Tuesday, November 11, 2025. 

Corazon Mining (ASX:CZN)

Gold stocks are shining brighter after the yellow metal jumped nearly 3% overnight to US$4122 an ounce, its highest level in nearly three weeks.

The upward move of US$112.20 followed progress in Washington to end the longest government shutdown in US history. Stretching 41 days it is estimated to have cost the US economy US$15 billion per week

A compromise that would restore federal funding cleared an initial US Senate hurdle but it remains unclear when US Congress will give final approval. 

Corazon Mining (ASX:CZN) has benefitted from the positivity as it gears up for maiden drilling at the Two Pools gold project in WA’s Gascoyne region. 

The company has identified surface gold anomalies and has moved to expand the project tenure by 50km2.

A tenement application targets a newly interpreted, undercover extension of the same greenstone belt that hosts the Two Pools mineralisation with elevated gold in surface geochemistry.

This new tenement area has seen limited to no modern drilling and Corazon management says a review of geophysics and sampling data has highlighted multiple walk-up drill targets.

Systematic follow-up exploration, including maiden drilling, is being planned upon grant of the tenement. 

Two Pools is within the highly-endowed Plutonic-Marymia geological terrain, host to major deposits like Catalyst Metals’ (ASX:CYL) Trident deposit and the +7.5Moz Plutonic Gold Mine.

“We are extremely pleased with the results of this historical data review and geological interpretation, which has confirmed our belief in the significant potential of the Two Pools project,” MD Simon Coyle said.  

“This low-cost exercise has immediately generated multiple high-priority, walk-up drill targets that have seen little to no modern exploration. 

“The combination of high-grade historical hits, the proximity to known deposits at Marymia and Plutonic demonstrate a clear potential for high-impact exploration pathway for Corazon.”

OzAurum Resources (ASX:OZM)

A new set of high-grade gold results at the Mulgabbie North project in WA’s Eastern Goldfields pushed OzAurum Resources (ASX:OZM) up 13.12% to a daily high of 6.9c.

RC drilling has provided strong, near-surface results across three prospects – James, Ben and Cross Fault – which extend mineralisation and bode well for the company’s development studies aimed at delivering early production.

At James, every hole in the first stage open-pit area hit gold, including 7m at 2.46g/t from 19m, 13m at 1.36g/t from 28m and 14m at 1.23g/t from 22m, confirming consistent, high-grade zones that could be mined via heap leaching. 

OzAurum is now planning a more detailed grade-control program in December to underpin pit optimisation and mine design. 

Over at Ben prospect two holes also returned near-surface mineralisation, including 6m at 3.68g/t Au from 22m, providing new samples for heap leach testwork. 

The best results were from Cross Fault, where three holes were drilled and multiple intersections returned such as 5m at 5.37g/t from 25m. 

Cross Fault is along the same Relief Shear structure that hosts the company’s 260,000oz gold resource, highlighting the broader growth potential along this underexplored corridor. 

OzAurum plans to drill along a tighter grid at Cross Fault to define a maiden resource. 

BMG Resources (ASX:BMG)

(Up on no news)

Another with its eyes on gold in WA and reflecting improved gold prices, BMG Resources (ASX:BMG) lifted 35.71% to a daily high of 1.9c.

After first phase drilling confirmed the large strike extent of the gold system at the Abercromby project follow-up expansion drilling is being planned with the aim of growing the existing resource of 11.12Mt at 1.45g/t, or 518,000oz.

A scoping study is being progressed for a potential low-capex, fast payback mining proposal for the freemilling gold deposit.

At the Bullabulling project, multiple gold lodes were intersected in the first gold focused drilling by BMG.

The company is also encouraged by new drill results from Minerals 260 (ASX:Mi6) at the neighbouring Bullabulling gold mine that indicate potential continuity of mineralisation into BMG’s tenure.   

Australian Critical Minerals (ASX:ACM)

A strengthened leadership team sets up Australian Critical Minerals (ASX:ACM) to accelerate its critical minerals strategy across Australia and Peru.

A key change sees renowned executive and newly appointed Mount Ridley Mines (ASX:MRD) CEO Allister Caird join ACM’s board as a non-executive director. 

A seasoned geologist with more than 15 years of experience in exploration, research and capital markets, Caird previously spearheaded Locksley Resources’ downstream critical minerals strategy in the US as head of critical minerals. 

In that role he was pivotal in a landmark collaboration with Rice University on innovative processing technologies.

In a reshuffle, Dean DeLargie transitions from managing director to executive chair. 

D3 Energy (ASX:D3E)

(Up on no news)

As it prepares to help feed an energy-hungry South Africa, D3 Energy (ASX:D3E) is progressing towards production at ER315.

A recent milestone was formal acceptance of D3E’s Production Right Application by the South African Petroleum Agency covering certified 2P reserves of 10.91 bcf methane and 0.706 bcf helium.

During the September quarter the company re-tested RBD10 confirming unique reservoir characteristics and reinforcing its understanding of the reservoir model.

In a bid to broaden investor access and visibility, in October D3E shares were upgraded to the US-based OTCQX Best Market, the OTC Markets Group’s highest level.

“D3 Energy is building strong momentum as we commence the transition from explorer to developer in South Africa,” MD and CEO David Casey said.

This article does not constitute financial product advice. You should consider obtaining independent financial advice before making any financial decisions. While OzAurum Resources and Australian Critical Minerals are Stockhead advertisers, they did not sponsor this article.