Argonaut Algorithm: How the Story Is Playing Out for David Franklyn’s Favourite Gold Developers
Argonaut Funds Management’s algorithm identified three ASX gold developers—Magnetic Resources, Minerals 260 and Ballard Mining—as top picks, all operating in Western Australia. Since the ranking, Magnetic was bought by Genesis Minerals for $639 million, Minerals 260 secured a $220 million Franco Nevada financing package, and Ballard raised cash to fund a 2026 drilling campaign. Each company outperformed the ASX gold sub‑index, delivering 51%, 47% and 22% gains respectively. The fund’s latest monthly pick is WIA Gold, a Namibian project poised for a potential takeover or independent development.
IPO Watch: Kaoko Gears up for Namibian Copper Hunt as ASX Listing Draws Near
Kaoko Metals, fresh from a $6.5 million IPO, is gearing up to explore its flagship Chalkos copper‑silver project and the multi‑commodity Karibib deposit in Namibia’s underexplored Kaoko belt. Surface assays at Chalkos have returned extraordinary copper grades up to 69.6% and...
Resources Top 5: Ressies Bounce Back From Monday’s Plunge, Chariot Leads the Charge
The ASX 200 rebounded 1.09% after Monday’s plunge, with materials up 1.87%. Chariot Resources jumped 36% after Nigerian approval to transfer six lithium licences to its C&C Minerals joint venture, clearing the way for drilling and small‑scale mining. Hammer Metals announced...
IRIS Metals to Farm Into Finley Basin Tungsten Project in Montana
IRIS Metals has signed a definitive farm‑in agreement with Finley Mining to earn up to 90% of the Finley Basin tungsten project in Montana. The project sits on 378 ha of historic mining claims and hosts a non‑JORC resource of 850,000...
Mammoth Minerals Builds Nevada Gold Empire with Imperial Mine Acquisition
Mammoth Minerals (ASX:M79) has taken an exclusive option on the historic Imperial Gold Mine, located just 5km north‑northeast of its flagship Excelsior project in Nevada. The Imperial site previously yielded at least 10,000 tonnes of ore at roughly 15 g/t gold...
Mount Hope Sharpens Gold Targets at Mt Solitary
Mount Hope Mining completed a CSAMT geophysical survey at its Mt Solitary gold prospect in the Cobar Basin, mapping structural architecture to depths exceeding 500 m. The data refined the model of a structurally controlled gold system, highlighting the MS2 and...
OzAurum Clears Key Hurdle for Mulgabbie North
OzAurum Resources secured environmental approval for stage one open‑pit mining and heap‑leach operations at its Mulgabbie North project in Western Australia. The approval, issued under the state’s Small Mining Operation Policy, removes a key regulatory hurdle and enables the company...
Buxton Analysis Highlights Centurion Link to World-Class Telfer and Winu Deposits
Buxton Resources reports that drill hole CN002DD at its Centurion project in Western Australia returned up to 5.65% copper, 245 ppm silver and 3.3 ppm gold, with detrital sulphides indicating a nearby basement source. Zircon age dating links the mineralisation to the...
QMines Builds Mount Mackenzie Porphyry Case with High-Grade Gold and Copper Strikes
QMines announced a series of high‑grade gold, silver and copper intercepts from its North Knoll drilling at the Mount Mackenzie project in central Queensland. A surface hole returned 15.8 m grading 2.58 g/t Au and 7.1 g/t Ag, while deeper intervals delivered up...
FIN Resources Zeroes in on Lupin-Style Gold System at Cabin Lake
FIN Resources is launching a 1,500‑metre maiden diamond drill program at the Cabin Lake gold project in Canada’s Slave Craton. Recent re‑assays of historic core returned striking grades, including 31.4 m at 15.2 g/t Au, reinforcing the view that the deposit mirrors...
Caprice Resources Pockets $12.74m to Accelerate Murchison Exploration
Caprice Resources announced an oversubscribed $12.74 million share placement at 8 cents per share, issuing 156.25 million shares to a mix of new and existing institutional investors. The raise, supplemented by a $240,000 director subscription, lifts the company’s cash balance to roughly AU$15 million....
Resources Top 5: Energy Stocks Lift as Oil Price Surges; Emmerson up on Acquisition Deal
The ASX resources sector fell 4.83% on Monday, while the energy index rose 1.65% as Brent crude breached $100 a barrel, reviving concerns over Middle‑East supply disruptions. Emmerson Resources announced a cash‑free acquisition by joint‑venture partner Pan African, valuing the...
Star Minerals Secures Final Green Light for Tumblegum South Gold Project Mining Start
Star Minerals received its final native vegetation clearing permit from the WA Department of Mines, Petroleum and Exploration, completing the suite of approvals needed to start mining at the Tumblegum South gold project. The company has already finished grade‑control drilling,...
St George Added to S&P/ASX All Ords as Araxá Rare Earths Story Gathers Pace
St George Mining (ASX:SGQ) has been added to the S&P/ASX All Ordinaries, placing it among the 500 largest Australian listed companies. The inclusion follows a 20‑fold market‑cap increase to over $470 million after acquiring the Araxá rare‑earths and niobium project in Brazil....
White Cliff Minerals to Drill Extensions of High-Grade Copper Mineralisation at Danvers
White Cliff Minerals (ASX:WCN) is launching an 8‑kilometre drill campaign at its Danvers copper prospect in Nunavut to delineate extensions of high‑grade, surface‑accessible mineralisation. The program will employ both reverse‑circulation and diamond rigs, building on prior intercepts such as 90 m...
Redcastle Grade Control Drilling Delivers up to 397g/T Gold
Redcastle Resources completed a comprehensive grade‑control program at its Redcastle Reef deposit, delivering exceptionally high‑grade intersections, including a 1‑metre interval of 397 g/t gold. The campaign comprised 327 reverse‑circulation holes over 13,539 m, with 23 holes returning grades above 20 g/t, demonstrating widespread...
Esperance Shapes up as Major Rare Earths Hub with Broad Mineral Potential
Western Australia’s Esperance region is emerging as a global rare earths hub, with junior explorers uncovering extensive clay‑hosted REE deposits akin to those that have powered China’s dominance. West Cobar Metals’ Salazar project alone hosts 230 Mt of mineralised clay containing...
Gold Digger: Drums of War Have Gold Bugs Calling for US$6000
Gold prices are being pushed higher as Middle East conflict escalates, with Argonaut raising its 12‑month target to $6,000 per ounce and State Street assigning a 35% probability to a bull case of $5,500‑$6,250. Safe‑haven demand has lifted gold ETF...
Carnavale’s BFS Drilling Drives Kookynie Closer to Gold Production
Carnavale Resources has finished a five‑week drilling campaign at its Kookynie gold project in Western Australia, delivering 8,500 m of infill RC holes and six large‑diameter diamond cores for metallurgical testing. The program upgrades the 842,000‑tonne indicated resource (4.3 g/t Au, 117,000 oz)...
Black Bear Eyes Shafter Resource Upside with High-Grade Silver Strike
Black Bear Minerals announced a high‑grade silver intercept at its Shafter project in Texas, reporting a 9.1 metre core averaging 240 g/t Ag from a depth of 214.3 m. The interval also contained 1.1% lead, 1.8% zinc and 0.1 g/t gold, with a 1.5 m...
Regener8 Turns to Srebrenica North Polymetallic Project in Bosnia and Herzegovina
Regener8 Resources has signed a binding agreement to acquire the 80 km² Srebrenica North polymetallic project in Bosnia and Herzegovina, situated between Mineco’s operating Sase and Veliki Majdan mines within the Tethyan Metallogenic Belt. The target area is prospective for silver,...
IPO Watch: Names Behind Paladin and 92 Energy Success Stories Pull Trigger on $7m Uranium IPO
Former Paladin and 92 Energy executives have launched Wolfe Energy, a US‑focused uranium junior, via a $7 million IPO at A$0.20 per share. Wolfe targets the Elkhorn in‑situ recovery project in Wyoming, a historically high‑grade deposit with 10 km of strike in...
Peregrine Pushes on with Multi-Layered Gold and Iron Ore Hunt in WA’s Pilbara
Peregrine Gold is accelerating both gold and iron‑ore exploration across several Pilbara projects, moving priority targets toward drilling. The company is launching a rock‑sampling program at Pilgangoora North, securing heritage licences for the Newman Peninsula prospect, and expanding the Rocklea...
Power Minerals Moves to Add High-Grade Rare Earths Project to Brazilian Portfolio
Power Minerals (ASX:PNN) has signed an agreement to acquire the Morro do Ferro rare‑earth project in Minas Gerais, Brazil, a high‑grade deposit that has returned multiple drill hits exceeding 5% total rare‑earth oxides (TREO). The acquisition is being funded by...
Atomic Eagle Sets Course for Growth as Uranium Feasibility Metrics Confirm 12-Year Muntanga Mine Life
Atomic Eagle announced a maiden ore reserve of 28 Mlb U3O8 at its Muntanga project in Zambia, backed by an independent engineering review of a feasibility study that confirms a 12‑year mine life. The study projects 25.3 Mlb total production, a 3.5‑year...
Locksley Hits High-Grade 16.9pc Antimony in California
Locksley Resources announced surface grab samples delivering up to 16.9% antimony at its Mojave Desert Antimony Mine in California. The assay validates earlier underground work that recorded weighted averages of 25.7% antimony, confirming high‑grade continuity to the surface. Diamond drilling...
Gravity Testing Delivers 16-Fold Tungsten Grade Increase for Viking at Linka
Viking Mines reported a first‑pass metallurgical test at its Linka tungsten project that upgraded a 1.4% WO3 feed to a 22.9% WO3 concentrate, a 16‑fold increase. The simple rougher gravity separation recovered about 63.7% of the tungsten, demonstrating the viability...
West Coast Silver Returns to Drilling This Month at Historic High-Grade Silver Play
West Coast Silver (ASX:WCE) is commencing a 4,000‑metre reverse‑circulation drilling campaign at its historic Elizabeth Hill silver project in Western Australia. The program targets the Munni Munni Fault, aiming to extend the high‑grade mineralisation that previously yielded a 33,107 g/t silver...
Australian Critical Minerals Drilling Into Upside of Peru’s World Class La Libertad Gold Belt
Australian Critical Minerals (ASX:ACM) is set to begin its first diamond drilling at the undrilled Flint project in Peru’s La Libertad gold belt, a region that has produced over 50 million ounces of gold. Geophysical surveys have identified a 4‑km...
BHP Is Pouring Billions Into This Argentine Copper District – but What Is Vicuna’s Next Company Maker?
BHP and Lundin are committing up to US$18 billion to develop the Vicuna copper province in Argentina, targeting a 400,000‑tonne‑per‑year copper output alongside significant gold and silver byproducts. The project will roll out in three stages, beginning with an open‑pit and...
Nordic’s Finnish Gold Push Back in Motion with Drilling Restart
Nordic Resources (ASX:NNL) has restarted a 3,000‑metre diamond drilling campaign across its Kopsa and Kiimala Trend gold projects in Finland, allocating 1,500 metres to each target. The program follows a successful 6,000‑metre drill in 2025 that identified step‑out targets, and...
Pioneer Charges Towards Skull Creek Uranium Drilling After Standout Surface Results
Australian explorer Pioneer Minerals announced that its Skull Creek uranium project in Colorado is ready for drilling after rock‑chip sampling returned grades up to 4,257 ppm U3O8. The second‑phase geochemistry identified multiple high‑grade targets across three non‑contiguous blocks, with extensive soil...
Green & Gold Minerals Rock Chips Reveal Magmatic Heavy Rare Earths at Nutgrove
Green & Gold Minerals reported a rock chip from spherulitic rhyolite at its Nutgrove project that assayed 2,230 ppm heavy rare earth yttrium oxide (HREYO), the highest magmatic REE result recorded at the site. Heavy rare earths made up 59% of...
Investigator Silver DFS Lights up the Paris Project as a High-Margin, Near-Term Silver Development
Investigator Silver’s definitive feasibility study (DFS) shows the Paris project delivering a pre‑tax NPV of $1.15 billion and a 93% IRR at a $80/oz silver price. The 1.5 Mtpa open‑pit mine is projected to generate $1.87 billion of free cash over an 11‑year...
Astron Builds Case for Donald Heavy Rare Earths Production with Resource and Reserve Update
Astron released revised mineral resource and ore reserve estimates for the first phase of its Donald rare earths and mineral sands project in Victoria. The new ICP‑MS data increase projected annual output of heavy rare earths, boosting dysprosium production by...
PNG’s Rich Mineral Bounty Proves Irresistible for ASX Gold Players
Papua New Guinea’s underexplored yet high‑grade mineral endowment is drawing a wave of Australian‑listed miners. The government’s mining act mirrors Australia’s, and a well‑educated workforce eases project development. Recent transactions—including St Barbara’s $370 million sale of half its Simberi gold project to...
Resources Top 5: Goldies Glitter as Safe-Haven Status Strengthens
Gold prices surged to nearly US$5,400 an ounce, driven by escalating Middle East tensions, reinforcing the metal's safe‑haven appeal. The rally lifted several junior miners, with Catalina Resources posting a 48‑metre, 2.61 g/t assay that sent its share price up 60%...
Mill Acquisition Puts Resolution Minerals on Fast Track to US Antimony, Tungsten Production
Resolution Minerals has purchased the Johnson Creek mill in Idaho, securing 2,000 tonnes of tungsten stockpiles adjacent to its Horse Heaven project. The acquisition gives the company in‑house processing capability for antimony, tungsten and gold, accelerating its timeline to domestic...
Waratah Minerals Grows Spur and Consols Gold Zones, Results Point to Major System
Waratah Minerals reported significant drill intercepts that expanded both the Spur and Consols gold zones within its NSW Macquarie Arc project. Highlights include a 74‑metre interval grading 1.6 g/t Au, with higher‑grade sub‑sections, and a spectacular 1.65‑metre hit of 45.27 g/t Au...
Bison Charges Into Nevada Gold and Silver Country with $5.5m ASX IPO
Bison Resources, a Nevada‑focused explorer, is launching an ASX IPO to raise between $4.5 million and $5.5 million at A$0.20 per share. The company’s portfolio comprises four projects on the Carlin Trend, a world‑renowned gold‑silver belt, located just 7 km from Sun Silver’s...
Barry FitzGerald: Exploration Success Drives Benz Beyond $1bn, and Goldie Could Accelerate Again
Benz Mining Corp’s market capitalisation surged past $1 billion, up from just $50 million when it bought the Glenburgh and Egerton projects in November 2024. The company is executing a 250,000‑metre drilling campaign at Glenburgh, driving resource upgrades that could lift the...
Gold Digger: Are Hedges Bad? It’s Not that Simple, Stupid
Gold’s surge to record highs has exposed Australian miners to massive opportunity costs, with hedging contracts costing the sector over A$1 billion per quarter. Euroz Hartleys reports a $670 million loss in September and $1.08 billion by year‑end as forward contracts were unwound,...
Latrobe Magnesium Hits De-Risking Milestone in Critical Mineral Production Process
Latrobe Magnesium’s demonstration plant in Victoria produced roughly 20 tonnes of magnesium oxide (MgO) over a continuous two‑week run, confirming the viability of its patented low‑carbon extraction process. The achievement de‑risks the company’s transition to full‑scale magnesium metal production, slated for...
Artemis Cracks Open Titan East Gold Zone with Deeper Drilling Results
Artemis Resources announced that diamond drilling at its Titan East shear zone in the Karratha gold project has confirmed downdip continuity of gold mineralisation. The best intercept was 4.7 metres grading 2.3 g/t gold, including a 1.3‑metre sub‑interval at 6.38 g/t, from...
GoldArc Secures Equity-Funded Drilling Pact Ahead of 6000m Gold Drilling Blitz at Leonora
GoldArc Resources has signed an equity‑funded services agreement with Mineral Mining Services, allowing up to $750,000 of the drilling fee to be paid in shares. The deal enables a 6,000‑metre reverse‑circulation drilling campaign at the Leonora South gold project, targeting...
Terra Powers up Southwest PGM Sulphide Hunt with $85m War Chest
Terra Metals secured an $85 million institutional placement at A$0.37 per share, with Washington H. Soul Pattinson acting as cornerstone investor. The capital boost targets the Southwest prospect, where recent drilling revealed a world‑class platinum‑group‑metal sulphide system within the broader Dante project. Assays...
These ASX Resources Stocks Are Aiming to Hit FID in 2026
Australian junior miners on the ASX are converging on final investment decisions (FID) for projects slated for 2026. Aura Energy aims to secure a Q3 2026 FID for its Tiris uranium project in Mauritania, backed by a $20 million placement and...
Mont Royal Resources Scores Conditional C$2.6m Funding Extension for Ashram Access Road
Mont Royal Resources has secured a conditional extension of up to C$2.6 million from Natural Resources Canada’s Critical Minerals Infrastructure Fund to fund the planning and pre‑construction of a 300‑km access road linking its Ashram rare‑earth and fluorspar project to Schefferville....
Moonlight Steps up Leo Grande Drilling to Fast-Track Maiden Gold Resource
Moonlight Resources (ASX:ML8) has launched Phase 2 reverse‑circulation drilling at its Leo Grande prospect within the 268 km² Clermont project in Queensland. The program will drill approximately 5,000 metres in about 70 holes to extend the shallow gold mineralisation that yielded up to...
Hillgrove Charts Path to Growth as Copper Production at Kanmantoo Gathers Momentum
Hillgrove Resources reported a strong 2025 turnaround at its Kanmantoo underground copper mine, boosting production to over 11,300 tonnes and lifting revenue 49% to $167.6 million. The company reversed a $14.8 million loss into a modest $100,000 profit and grew cash reserves...
