Castile Resources Completes Preliminary Analysis at Northern Territory Project; Shares Hit 52-Week High

MT Newswires Live

Oct 16, 2025

Castile Resources (ASX:CST) has completed its preliminary analysis to establish a 99% bismuth production pathway at its Rover 1 project in the Northern Territory, according to a Thursday filing with the Australian bourse.

The company is now considering options for a downstream pathway for the bismuth, and expects a "significant" contribution from the metal to the bankable feasibility study, the filing said.

Shares of the company rose past 9% in recent Thursday trade and earlier hit a 52-week high.

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