🔥 Monday 3 August 2026 Mon, 3 Aug 2026

Somerset Minerals reports standout surface rock chip assays from its Coppermine Project in Nunavut, with peak copper grades hitting 46.3% at Skye and 36.4% at Talisker, underpinning a district-scale opportunity as maiden drilling advances.

Olympio Metals has reported a standout 5m intercept averaging 4.54 g/t gold, including a 0.75m section hitting 24.3 g/t, from its latest drilling at the Bousquet Gold Project in Quebec. This result reinforces the strike orientation of the main lode and sets the stage for further exploration.

Pentanet has reported an 8% revenue increase to $24.4 million and a 74% rise in EBITDA to $2.4 million for FY26, driven by its expanding cloud gaming platform and resilient telecommunications base.

Patronus Resources (ASX:PTN) is executing a major 30,000-metre multi-rig drilling campaign at its Pine Creek gold project, underpinning a 2.3 million ounce gold equivalent resource across its Northern Territory and Western Australia assets, supported by a robust $65 million cash position.

Corazon Mining has significantly expanded its Western Australian gold footprint by acquiring key tenements adjacent to the Chalice Gold Project, adding 170km2 of prospective ground and securing gold rights over underexplored corridors.

Black Canyon Limited has reported robust assay results from its Wandanya Project in Western Australia, confirming shallow, high-grade manganese and iron mineralisation. The company is on track to deliver a maiden Mineral Resource Estimate by September 2026, with further drilling planned to expand the 9km mineralised system.

Antipa Minerals has uncovered extensive gold-copper-lead-silver mineralisation over 500 metres at Tim’s Dome, directly above a large untested electromagnetic conductor, positioning it as a priority target for imminent diamond drilling.

Mount Hope Mining (ASX:MHM) is gearing up for Phase 3 drilling at its Mt Solitary gold project in NSW’s Cobar Basin after delivering high-grade intercepts and exceptional metallurgical results. The company is also expanding its exploration footprint and progressing towards a maiden JORC Mineral Resource estimate.

Westpac has completed the $15.4 billion sale of its RAMS mortgage portfolio to a consortium including Pepper Money, KKR, and PIMCO, lifting its capital ratio and simplifying operations.

Vista Group International posted a 12% revenue increase in 1H26, driven by cloud adoption and marquee client wins, prompting an upgrade to its full-year revenue forecast.