Yandal Confirms New Gold Discovery at Arrakis with 54m @ 1.2g/t to End-of-Hole

Submitted by Konrad Forrest on

22 September 2025 | West Perth, WA – Yandal Resources (ASX:YRL) has confirmed a new primary gold discovery at the Arrakis prospect within the Caladan target area, reporting 54m @ 1.2g/t Au from 108m to end-of-hole in RC hole 25IWBRC0040, including 24m @ 2.1g/t Au from 138m to EOH and 8m @ 4.7g/t Au from 154m to EOH. A second hole, 25IWBRC0041, returned 6m @ 1.1g/t Au from 180m to EOH.

Carnaby Resources: “Game-changing” 7m @ 9.3% CuEq extends Trek 1 lode 150m down-plunge

Submitted by Konrad Forrest on

22 September 2025 | Mt Isa, QLD – Carnaby Resources (ASX:CNB) has reported a very high-grade hit from its first exploration hole at Trek 1 (Trekelano): 7m @ 9.3% CuEq from 415m, including 5m @ 12.5% CuEq, confirming a ~150m down-plunge extension to the historical orebody.

Terra Metals: 58m-thick magnetite reef hit at new Southwest Prospect, Phase 3 drilling ramps up

Submitted by Konrad Forrest on

22 September 2025 | West Musgrave, WA – Terra Metals (ASX:TM1) has intersected a 58m-thick titano-magnetite reef from 132–190m in hole SWRC008 at the newly defined Southwest Prospect within the Dante Project—its thickest reef interval to date and an early win from the company’s Phase 3 drill program. The intercept sits inside a corridor where 5.2km of new reef strike has recently been mapped. Assays are pending (approx. six weeks).

Catalina confirms gold and REE mineralisation at Laverton; follow-up drilling underway

Submitted by Konrad Forrest on

19 September 2025 | West Perth, WA – Catalina Resources (ASX:CTN) has confirmed both gold and rare earth element (REE) mineralisation at its Laverton Project, with maiden RC drilling near Mt Weld intersecting significant TREO zones alongside multi-element pathfinders typical of granite-related gold systems in the Eastern Goldfields.

Key RC results (REE):

Gateway flags major gold target after 134-nugget haul at Great Western

Submitted by Konrad Forrest on

17 September 2025 | Subiaco, WA – Gateway Mining (ASX:GML) has reported a significant 134-nugget find totalling 366g (~11.8oz) across a 1.2km corridor at its Great Western prospect, strengthening the case for a near-surface gold discovery along an untested splay structure at the Yandal Gold Project.

Key points

Ora Banda’s Waihi drilling delivers new high-grade lode and deeper extensions; third underground mine case builds

Submitted by Konrad Forrest on

4 September 2025 | Perth, WA – Ora Banda Mining (ASX:OBM) has posted a string of standout assays from the first 9 holes of a planned 45-hole (~15,300m) campaign at Waihi, 3km west of its Davyhurst plant, including the discovery of a new high-grade lode and significant depth extensions on the Waihi West Lode. The results strengthen Waihi’s credentials as OBM’s third underground mine, alongside Riverina and Sand King.

2941743 Exploration Update - Wa…

Cyprium launches ~$80m equity raise to fast-track Nifty restart and early cathode cashflow

Submitted by Konrad Forrest on
28 August 2025 | Subiaco, WA – Cyprium Metals (ASX:CYM) has unveiled plans to raise approximately A$80 million (A$74m placement plus a fully underwritten A$6m entitlement offer at A$0.028/share) to accelerate the restart of the Nifty Copper Complex in WA’s Paterson Province and unlock a long-life open pit sulphide operation alongside near-term cathode production from existing leach pads.

Why it matters

Forrestania raises $8.61m at a premium to accelerate gold programs

Submitted by Konrad Forrest on

27 August 2025 | Subiaco, WA – Forrestania Resources (ASX:FRS) has secured firm commitments for $8.61 million via a placement of 42 million new shares at $0.205, struck at a 21.7% premium to the 10-day VWAP and 22.5% premium to the 5-day VWAP (as at 26 August 2025 close). The raise attracted strong support from existing holders alongside new institutional and sophisticated investors, with Bell Potter acting as Lead Manager.

Use of funds (key allocations):

True North Copper expands Aquila to 1.3km with new IP targets; drilling underway

Submitted by Konrad Forrest on

26 August 2025 | Cloncurry, QLD – True North Copper (ASX:TNC) has confirmed a major step-out at its Aquila Cu-Co-Ag discovery within the Mt Oxide Project, with an infill and extension IP survey growing the geophysical trend from ~250m to >1.3km and defining multiple drill-ready targets. RC drilling is underway.

Key points

Havilah hits widest gold-copper intercept yet at Mingary Mine

Submitted by Konrad Forrest on

25 August 2025 | South Australia – Havilah Resources (ASX: HAV) has reported its widest mineralised intercept to date at the Mingary Mine prospect, returning 49m @ 0.69g/t Au and 0.33% Cu from 122m in hole MNRC013, including 9m @ 1.1g/t Au & 0.47% Cu from 126m and 7m @ 1.03g/t Au & 0.52% Cu from 157m.