Latest Discovery Alaska (ASX:DAF) News

Discovery Alaska Limited posted a $459,211 loss for FY2026 amid exploration write-offs and ongoing project development. The company secured $354,000 in a private placement and lined up a $900,000 placement to fund its Idaho and Western Australia gold-silver ventures.

Small-cap resources led the week, with Discovery Alaska rising 90% as it bought a Western Australian gold project. Gold, copper and critical minerals companies also drew strong buying. Large energy names posted solid results, but several shares fell as investors weighed capital needs, project delays and weaker forward guidance.

Discovery Alaska Limited (ASX: DAF) has secured a strategic foothold in Western Australia’s Murchison Goldfields through the acquisition of the Cuddingwarra Gold Project, backed by a $900,000 placement to fund exploration and expansion.

Discovery Alaska is progressing preparations for its first drilling campaign at the Boulder Creek project in Idaho, targeting historic high-grade zones identified in the 1980s alongside recent encouraging rock samples.

Discovery Alaska has reported exceptional high-grade gold and silver results from rock samples at its Boulder Creek Project in Idaho, setting the stage for imminent drilling to test historic anomalous zones.

Discovery Alaska Limited has completed a $354,000 private placement to fund exploration at its Boulder Creek Gold-Silver Project in Idaho, with additional project opportunities under review.

Discovery Alaska Limited has progressed its option to acquire the Boulder Creek Gold-Silver Project in Idaho, completing due diligence and expanding claims, while maintaining a cautious financial position with limited cash reserves.

Discovery Alaska has completed due diligence and secured an option to acquire a 100% interest in the Boulder Creek Gold-Silver Project in Idaho, while expanding its claim area to cover promising geological extensions.

Discovery Alaska Limited has secured an option to acquire a 100% interest in the Boulder Creek Gold-Silver Project in Idaho, positioning the company for growth amid record precious metal prices.

Discovery Alaska Limited has detailed its exploration expenditures and strategic pivot from Alaskan projects to new US acquisitions, affirming its financial health and operational sufficiency to maintain its ASX listing.

Discovery Alaska Limited has terminated its Vinasale Gold Project lease to conserve funds, while maintaining full ownership of the Chulitna Gold Project and exploring new opportunities to boost its portfolio.

Discovery Alaska Limited has announced the termination of its mining lease for the Vinasale Project, choosing to preserve capital and concentrate on its flagship Chulitna Project alongside exploring new opportunities.