News

29 July 2026 | Western Australia - Talonx Resources has reported high-grade gold results from one-metre resampling at the Viking Gold Project, located around 30km southeast of Norseman in Western Australia.

The standout result came from the Beaker 2 prospect, where resampling of anomalous composite samples from recent RC drilling returned:

• 4m at 22.1 g/t gold from 31m, including 2m at 42.4 g/t gold from 32m

The result comes from drill hole 26VKRC010 and is associated with strong quartz veining within sheared granite host rocks.

Talonx said the high-grade result was resolved from a previously reported composite interval of 8m at 11.02 g/t gold from 32m.

Executive Chairman Dr Steve Lennon said the result demonstrates the potential for very high-grade shoots within the broader shallow oxide gold system at Beaker 2.

Why it matters: Beaker 2 is now showing potential for both shallow oxide gold mineralisation and higher-grade quartz-vein-hosted mineralisation that may continue into fresh rock.

Talonx said all ten RC holes drilled at Beaker 2 returned gold mineralisation, confirming a shallow oxide zone across an area of approximately 400m by 300m. Mineralisation was consistently intersected at shallow depths of about 20m to 40m and remains open to the west, north and south.

The company is now planning follow-up RC drilling to test the open western margin of the oxide gold zone, its northern and southern strike extensions, and deeper fresh-rock targets beneath 26VKRC010.

Talonx also reported results from its Blair North Project near Kalgoorlie, including 1m at 1.3 g/t gold from 47m and 6m at 1.1 g/t gold from 66m at Commodore North.

Following the next round of drilling at Beaker 2, Talonx said it will assess the potential for an initial Mineral Resource estimate.

For Western Australia’s gold sector, the Viking update adds a shallow high-grade exploration story near Norseman, with follow-up drilling now aimed at testing whether the high-grade zone can be expanded into a future resource.

Source: Talonx Resources ASX announcement, “RC splits from Viking returns 4m @ 22.1g/t gold”, 29 July 2026.

29 July 2026 | Western Australia - Mamba Exploration has identified Copper Hills as a priority copper target within its Meeka East Project in Western Australia’s Murchison region, following a review of historical geological, drilling and geophysical data.

The review has reframed Copper Hills as a potential sediment-hosted copper system, rather than the intrusion-hosted VMS-style system previously targeted by earlier explorers.

Mamba said the new interpretation points to potential for SEDEX or VSHMS-style copper mineralisation within the same broader geological corridor as Solstice Minerals’ Nanadie Copper-Gold Project.

Historical mining in the Copper Hills area during the 1950s recovered approximately 971 tonnes at 7.1% copper from shallow high-grade veins.

The company also noted that previous diamond drilling by Peak Minerals, now Lion Rock Minerals, intersected thin sulphide veining, including:

• 0.13m at 4.95% copper from 827.87m
• 0.20m at 4.18% copper from 899.15m

Mamba said these narrow sulphide veins may represent leakage from a larger stratabound system under the revised geological model.

Why it matters: Copper Hills now gives Mamba a copper-focused target alongside its primary gold exploration work at Meeka East.

The company said the revised model is comparable to Whim Creek and Mons Cupri-style sediment-hosted copper-lead-zinc systems in Western Australia’s Pilbara.

Mamba plans to undertake a low-cost follow-up program including relogging of historical diamond core, detailed mapping, rock-chip sampling, and reinterpretation of magnetic, gravity and electromagnetic datasets.

The company has also lodged an additional exploration licence application over prospective ground north of the existing tenure.

Executive Director Matt Freedman said the reappraisal identified a target style that had not previously been tested on the tenure. He said the next phase of work would determine whether dedicated copper exploration is warranted.

Mamba also said its Meeka East Gold Project remains on schedule, with a Yugunga-Nya heritage survey taking place at the end of July and RC drilling planned to commence after heritage clearance and regulatory approvals.

For Western Australia’s exploration sector, Copper Hills adds another copper target in the Murchison at a time when regional interest in copper systems continues to build.

Source: Mamba Exploration ASX announcement, “Copper Hills Emerges as Priority Copper Target at Meeka East”, 29 July 2026.

July 2026 | Northern Territory - DevEx Resources has outlined its strategy to become a significant uranium exploration and development company, with a focus on its expanded Nabarlek Project in the Northern Territory.

The company said it is “laser focused on uranium” and positioned to benefit from a growing global uranium supply shortfall. DevEx’s strategy is built around three pillars: discovery through exploration, growth through transactions and early partnerships with Traditional Owners, communities, regulators and industry groups.

A key focus is the Nabarlek Project in the North-West McArthur Basin, a region that hosts some of Australia’s most important uranium deposits. DevEx said recent acquisitions have consolidated a basin-scale opportunity centred on the historical Nabarlek Mine, which it describes as Australia’s highest-grade uranium mine, with historical production of 24Mlbs at 1.84% U3O8.

Why it matters: DevEx is targeting high-grade unconformity-style uranium systems, a deposit style associated with some of the world’s largest and highest-grade uranium deposits. The company said the McArthur Basin and Canada’s Athabasca Basin are the two global regions where giant high-grade unconformity-type uranium deposits are found.

DevEx has identified a strategic pipeline of uranium targets across its Northern Territory ground. Drill-ready targets include Sandfire, Big Radon, KP and Nabarlek North, with 15,000m of RC and diamond drilling planned to test Sandfire, Big Radon and KP.

At Sandfire, DevEx is targeting the Angularli Fault Corridor, south-east of Deep Yellow’s Angularli Deposit. The company said Sandfire is a highly prospective and underexplored area, with ground gravity, magnetic features and surface geochemical results helping define focused drill targets.

The company is also advancing targets around the historical Nabarlek Mine, including Big Radon and KP, where large radon track etch anomalies and alteration footprints have been identified. DevEx said NT Government co-funding has been secured to support initial drilling at Big Radon and KP.

Further field work is underway in the Caramal region, where historical drilling has identified Jabiluka-type stratigraphy hosting high-grade uranium mineralisation. Recent mapping and rock-chip sampling at Orion East confirmed high-grade uranium in fault breccias ranging from 2.1% to 0.3% U3O8.

For Australia’s uranium sector, DevEx’s update highlights renewed momentum in the Northern Territory, with the company combining a large land position, drill-ready targets, stakeholder engagement and a clear strategy aimed at discovery and future growth.

Source: DevEx Resources investor presentation, “A New Force in Uranium”, July 2026.

22 July 2026 | Western Australia - Great Boulder Resources has reported further high-grade gold results from drilling at its Side Well Gold Project near Meekatharra in Western Australia.

The latest drilling has extended known mineralisation outside the project’s 1.02Moz Resource, with new results reported from the Mulga Bill, Eaglehawk and Ironbark deposits.

Key drilling highlights include:

• 7m at 14.5 g/t gold from 56m at Eaglehawk
• 4m at 9.12 g/t gold from 80m at Eaglehawk
• 8m at 4.30 g/t gold from 84m at Eaglehawk
• 0.64m at 82.8 g/t gold from 265.36m at Eaglehawk
• 6m at 14.8 g/t gold from 265m at Mulga Bill
• 18m at 7.36 g/t gold from 120m at Mulga Bill

Great Boulder said the latest results extend Mulga Bill East by more than 400m, defining high-grade gold over a total strike length of around 900m.

Managing Director Andrew Paterson said extensional drilling at Mulga Bill and Eaglehawk had intersected more high-grade gold in several areas, extending gold lodes across multiple parts of the system.

Why it matters: Side Well is continuing to show strong resource growth potential beyond the existing resource envelope. The combined Mulga Bill and Eaglehawk deposit now extends over around 2.5km of strike, with recent drilling confirming mineralisation in the gap between the two areas.

The company also reported a strong result from metallurgical drilling at Ironbark, with one diamond hole intersecting 5.89m at 18.1 g/t gold. The hole was drilled to obtain core for geotechnical assessment and metallurgical sampling.

Drilling is continuing at Side Well, with a diamond rig operating at Golden Bracelet and an aircore rig testing regional targets in the Eastern Corridor.

Great Boulder is also drilling at its recently acquired Peak Hill Gold Project, which hosts a 481,000oz Resource. Two RC rigs are currently operating at Peak Hill, with 40,000m of drilling planned in the current half-year.

For Western Australia’s gold sector, Great Boulder’s update adds further momentum to the Murchison region, with high-grade drilling results, resource extensions and multiple active drilling programs across Side Well and Peak Hill.

Source: Great Boulder Resources ASX announcement, “High-grade hits continue to extend known mineralisation outside 1.02Moz Resource”, 22 July 2026.

17 July 2026 | Western Australia - Regis Resources has released its FY27 production and cost guidance, forecasting stronger group gold production across its Duketon and Tropicana operations.

The company expects group production of 360,000 to 400,000 ounces in FY27, comprising 240,000 to 270,000 ounces from Duketon and 120,000 to 130,000 ounces from its 30% interest in Tropicana.

Group all-in sustaining cost guidance has been set at $2,990 to $3,390 per ounce, including approximately $88 per ounce of non-cash stockpile movements.

Regis said Duketon production is expected to be higher than FY26 and slightly weighted toward the second half of the year, driven by higher production from Garden Well and Rosemont.

Why it matters: Regis is looking to take advantage of the strong gold price environment by using excess mill capacity at Moolart Well to process lower-margin but still profitable ounces, without deferring higher-margin production from the Garden Well and Rosemont mills.

The company said this approach is expected to increase gold production and deliver greater overall free cash flow in the current gold price environment.

At Tropicana, production guidance is slightly lower year-on-year due to lower open pit ore production at Havana, resulting in a higher proportion of lower-grade stockpile mill feed compared with FY26.

Regis has guided FY27 growth capital of $250 million to $270 million, including continued development of the Rosemont Stage 3 underground project, which is expected to enter commercial production in late FY27. The guidance also includes pre-strip work for several new open pits expected to ramp up in the second half of FY27.

The company has also planned $80 million to $90 million in exploration spending, reflecting what it describes as compelling opportunities across its portfolio.

Regis expects to spend $30 million to $35 million on the McPhillamys Project during FY27, in line with work required to support a Final Investment Decision in the first half of calendar year 2028.

For Australia’s gold sector, Regis’ guidance points to continued investment in production growth, underground development, open pit expansion and exploration across a major operating portfolio.

Source: Regis Resources ASX announcement, “Stronger Production Outlook Lifts FY27 Guidance”, 17 July 2026.

16 July 2026 | Western Australia - Lunnon Metals has reported its best month to date at the Lady Herial gold open pit, located within the Kambalda/St Ives gold district in Western Australia.

During June 2026, the company mined and delivered more than 62,000 tonnes at 1.73 g/t gold, containing 3,473 ounces of gold, to Gold Fields’ St Ives operation.

Lunnon said it received approximately $12.0 million from Gold Fields for June gold mined, compared with direct Lady Herial operating costs of approximately $3.0 million for the month, excluding GST and based on unaudited figures.

To date, nearly 207,000 tonnes at 1.59 g/t gold has been delivered to Gold Fields, containing 10,561 ounces. Under the ore purchase agreement, this has yielded 9,613 ounces of gold at the agreed 91% metallurgical recovery.

Why it matters: Lady Herial has become an important cash generator for Lunnon Metals, with the company reporting an estimated cash balance of more than $21 million at 30 June 2026.

The open pit remains on schedule, with operations expected to finish in August or September 2026. At the end of June, approximately 90% of the total pit volume had been mined and 66% of the gold had been delivered.

The company said total mining volumes and the waste-to-ore ratio are expected to reduce as the pit approaches completion, which should further improve operating margins over the remaining months.

Managing Director Edmund Ainscough said Lady Herial had recharged the company’s cash position, reinvigorated the team and put Lunnon in a strong position to pursue further discoveries across its 23km² landholding in the heart of the St Ives gold camp.

Lunnon said the A$ gold price applicable to June ore deliveries was $6,027.14 per ounce, while the average gold price realised to date is $6,429 per ounce, still above the level modelled in the company’s Feasibility Study.

For Western Australia’s gold sector, Lady Herial is a strong example of a smaller, near-term open pit delivering cashflow quickly through nearby processing infrastructure and an ore purchase agreement with an established operator.

Source: Lunnon Metals ASX announcement, “Lady Herial Gold Open Pit Update”, 16 July 2026.

15 July 2026 | Western Australia - Corazon Mining has identified additional high-grade gold mineralisation outside the current Mineral Resource at its Chalice Gold Project in Western Australia.

A systematic review of historical drilling has highlighted multiple intercepts outside the current 191,000oz at 2.7 g/t gold JORC 2012 Mineral Resource.

Near-surface intercepts outside the current resource include:

• 4.0m at 8.84 g/t gold from 55m
• 3.0m at 7.38 g/t gold from 28m
• 3.0m at 4.89 g/t gold from 35m
• 2.0m at 4.39 g/t gold from 24m

Corazon also identified deeper unmodelled intercepts beneath and beyond the existing underground workings, including:

• 5.1m at 2.44 g/t gold from 578.6m
• 6.9m at 2.36 g/t gold from 581.9m
• 3.8m at 4.03 g/t gold from 514.3m
• 5.0m at 2.45 g/t gold from 291m

Managing Director Simon Coyle said the review identified a coherent near-surface zone close to the current pit design, as well as a second zone extending high-grade mineralisation below the existing resource.

Why it matters: Chalice is an advanced WA gold project on a granted Mining Lease in the Higginsville region, one of Western Australia’s most productive gold districts.

The newly identified near-surface mineralisation sits close to the existing pit design and may provide a priority target for low-cost open pit expansion, subject to further drilling and technical work.

Corazon is now finalising plans for an initial 10,000m Phase 1 drilling program, targeted to commence in Q3 CY2026. The program will initially focus on the near-surface priority zone, with additional areas to be tested as planning advances.

The company is also reviewing cut-off grades and pit shell assumptions in light of the current gold price environment, which is materially higher than the assumptions used in the existing resource estimate.

For Western Australia’s gold sector, Chalice adds another brownfields resource growth story, with historical data review now feeding directly into a near-term drilling campaign.

Source: Corazon Mining ASX announcement, “Chalice Data Review Identifies Additional Gold Mineralisation South of Pit and Outside Underground Workings”, 15 July 2026.

15 July 2026 | Western Australia - Kalamazoo Resources has completed the Mt Olympus Resource Definition Drilling Program at its 100%-owned Ashburton Gold Project in Western Australia, with new assays continuing to show broad, high-grade gold mineralisation.

The completed program included 72 holes for 13,726m, with results now received for almost half of the holes.

The latest assays included a strong intercept of:

• 31m at 5.2 g/t gold from 49m, including 15m at 7.5 g/t gold from 53m

Across the first 34 holes reported, Kalamazoo said the program has returned 16 significant intercepts above 50 gram-metres, supporting continuity of broad, high-grade mineralisation within the Mt Olympus system.

The company said the infill drilling has reduced drill spacing to around 20m by 20m, supporting potential conversion of additional Inferred Resources into the higher-confidence Indicated category.

Why it matters: Mt Olympus is the foundation deposit within Kalamazoo’s 1.44Moz Ashburton Gold Project, located about 35km south-east of Paraburdoo.

The drilling has confirmed mineralisation within the existing resource extents and also intersected mineralisation beyond the current resource envelope, but still within the conceptual Scoping Study pit shell. This could support future growth in mining inventory.

Kalamazoo is targeting an updated Mineral Resource Estimate in Q4 2026, followed by a Pre-Feasibility Study in Q1 2027.

The company has also commenced underground resource growth drilling at Mt Olympus, targeting extensions beneath and down-plunge of the current Scoping Study pit. Additional drilling is also continuing at the nearby high-grade Peake Deposit.

For Western Australia’s gold development sector, Ashburton remains a project to watch, with resource definition complete, growth drilling underway and the project moving toward a PFS.

Source: Kalamazoo Resources ASX announcement, “Significant Milestone Achievement in Mt Olympus Drilling Program”, 15 July 2026.

15 July 2026 | Western Australia - Evergold Minerals has completed its maiden 2026 RC drilling program at the Duchess of York Prospect, part of its Mt Monger Gold Project near Kalgoorlie, with final assays confirming further broad and high-grade gold mineralisation.

The final batch of results included the highest-grade intercept ever returned from Duchess of York:

• 25m at 3.47 g/t gold from 3m, including 1m at 52.74 g/t gold from 9m
• 6m at 5.43 g/t gold from 29m, including 2m at 12.25 g/t gold
• 2m at 4.46 g/t gold from 45m

The completed maiden RC program also returned previous standout intercepts including 22m at 1.80 g/t gold, 19m at 1.48 g/t gold, 3m at 5.11 g/t gold and 2m at 7.90 g/t gold.

Evergold said the program confirmed broad and high-grade zones of gold mineralisation, extended known mineralisation into previously untested areas and demonstrated that the system remains open at depth.

Why it matters: Duchess of York is Evergold’s most advanced prospect at Mt Monger, a highly prospective gold district located close to existing processing infrastructure.

The company said gold is associated with sulphide-bearing quartz veins, with pyrite, arsenopyrite, galena and sphalerite observed during logging. The mineralisation is interpreted as bulk-tonnage in style, with potential for higher-grade shoots within the broader system.

Evergold is now preparing a 10,000m-plus regional aircore drilling program across Mt Monger, with drilling scheduled to commence at Duchess of York next week. The program will test extensions and offsets at Duchess of York, as well as regional targets including Gladiator, Samurai, Hickman’s Find, Tiger Lily, Captain Hook, Crusader and Paladin.

For Western Australia’s gold sector, the result adds another active exploration story near Kalgoorlie, with shallow high-grade hits, regional follow-up drilling and potential for a maiden Mineral Resource pathway at Duchess of York.

Source: Evergold Minerals ASX announcement, “High-Grade Gold caps off maiden RC program at Duchess of York”, 15 July 2026.

14 July 2026 | Western Australia - Killi Resources has launched an aggressive exploration campaign aimed at rapidly expanding the resource base at its Lodestone Iron Ore Project in Western Australia’s Mid-West region.

The Lodestone Project currently hosts a 110Mt JORC Inferred Mineral Resource, with the existing resource covering only about 5km of a broader 25km-long mineralised system.

Killi is planning an initial 20,000m drilling program, including reverse circulation and diamond drilling, to extend the current resource, upgrade confidence in existing mineralisation and test parallel zones that could add further scale to the project.

The company said recent government approvals have been received for the large drilling program, with drilling contracts now being finalised and drilling expected to begin by the end of July.

At the same time, Killi’s geological team has started mapping and surface sampling to identify additional mineralised horizons and parallel zones. Geophysical contractors have also been engaged to complete a detailed drone-based magnetic survey across the full recrystallised magnetite system.

Why it matters: Lodestone is strategically located in WA’s Mid-West iron ore district, about 200km from the Port of Geraldton, with access to sealed roads, rail and grid power. The project sits between the Karara and Koolanooka iron ore mines.

Killi said Lodestone’s coarse-grained recrystallised magnetite has the potential to produce a premium, high-purity direct-reduction grade concentrate in the range of 68% to 70% iron. The company believes this could allow Lodestone to target the high-value electric arc furnace steelmaking market, where higher-quality iron ore products can attract a premium to the benchmark 62% iron price.

The current Inferred Resource is reported at 110Mt at 33% Davis Tube Recovery mass recovery, grading 69% iron in concentrate.

Chairman Nev Power said the company’s technical team had “hit the ground running”, with geologists already on site, geophysical surveys locked in and drilling contracts being finalised.

He said Killi’s goal is to establish a development pathway that takes advantage of Lodestone’s ore characteristics, strong infrastructure access and potential to produce a high-purity magnetite concentrate.

Killi said the upcoming drilling will also provide metallurgical samples and geological information for future processing and engineering studies, with the aim of delivering multiple resource updates over coming quarters.

For Western Australia’s iron ore sector, Lodestone represents an early-stage but potentially significant Mid-West magnetite growth story, with resource expansion, metallurgical test work and development studies now being advanced.

Source: Killi Resources ASX announcement, “Killi Targets Rapid Resource Growth with Aggressive Exploration Campaign”, 14 July 2026.