Latest Mammoth Minerals (ASX:M79) News

Mammoth Minerals expanded its Nevada exploration portfolio and drilled more than 21,000 metres at the Buster Trend, but its FY2026 report also highlights a material uncertainty over its ability to continue as a going concern. The company posted a larger loss and remains dependent on future equity funding to sustain exploration.

Small-cap shares produced another uneven week, led by a major fall in Corporate Travel Management and strong gains in energy, gas and takeover stocks.
Investors rewarded rising profits and new deals, but sold several companies despite promising project news.

Exploration results, project funding and takeover activity drove another busy week across Australia’s materials market.
Investors rewarded new production plans and strong drill results, but several small-cap gaps quickly lost ground.

Mammoth Minerals has intersected a fresh high-grade gold zone over 700 metres from its historic Buster Gold Mine in Nevada, expanding the Excelsior Project's mineral footprint. Concurrent surface sampling at the Blue Dick Prospect confirms extensive silver and gold mineralisation, underpinning a robust drilling campaign across multiple targets.

Small-cap materials shares produced some of the market’s biggest moves, led by a dramatic rise in Accent Resources and strong gains in gold and critical metals explorers.
Investors also weighed new project funding, drilling results, acquisitions and several steep falls after opening price gaps.

Mammoth Minerals has confirmed significant shallow gold mineralisation extending 700 metres along the Buster trend at its Excelsior Gold-Silver Project in Nevada, signalling potential for a larger Carlin-type gold system. Drilling has now shifted to the high-grade Blue Dick Silver Prospect with results expected soon.

Mammoth Minerals has kicked off its maiden RC drilling program at the Blue Dick Prospect, aiming to extend exceptional surface silver and gold grades over a mapped 6.5km strike at its Excelsior Springs Project in Nevada.

Wild swings hit the ASX this week, with Janus Electric doubling, Aura sliding almost 30%, and TechGen jumping more than 22%. Big news kept landing, but many stocks still fell as early gains faded and traders locked in profits.

Big project news kept landing across gold, rare earths and battery minerals, but many small-cap share prices still fell hard. The week belonged to a giant gold merger at the top end, while further down the board early excitement often gave way to selling.

Mammoth Minerals delivers exceptional high-grade gold, silver, and copper rock chip results from the Imperial prospect, significantly expanding drill targets at its Excelsior Springs Project in Nevada.

Small-cap materials stocks swung hard as buyers chased project funding, processing breakthroughs and new drill results. The biggest moves came from energy infrastructure, greenfields deals and uranium, while gold and copper stories kept the sector busy.

Mammoth Minerals reports extraordinary silver, gold, and copper assay results from surface sampling at Nevada’s Blue Dick Mine Prospect, confirming extensive high-grade mineralisation and setting the stage for drilling in Q3 2026.