The IIR LMI Monthly Update for April 2026, circulated 20 April 2026.
Initiation of Coverage of Aureka Limited (ASX: AKA)
Aureka Limited is one of the pioneers of Victoria’s gold renaissance, having been an early-mover in accessing quality exploration acreage when the competition for prospective ground was less intense. Gold in Victoria occurs along several distinct structural trends that extend under younger cover to the north and south of the exposed gold-bearing basement rocks. Aureka’s strategy has been to peg …