Latest Ordell Minerals (ASX:ORD) News

Small-cap resources led the week, while takeover offers and defence contracts added support across the market.
Investors still had to weigh approvals, cash needs and project delivery against strong headline results.

Avenira led the week after securing an offtake deal covering more than 80% of expected Wonarah phosphate output. Copper, gold and rare earths explorers also gained, while several companies raised cash to fund drilling or mine construction.

Ordell Minerals has reported broad shallow gold intersections from the first 11 holes of a 122-hole infill program at McNabs East in Western Australia. The results strengthen the case for a maiden resource in the December 2026 quarter, although most assays and the key resource work remain outstanding.

Ordell Minerals has completed about 25,000 metres of drilling at its Barimaia gold project and begun a further 14,000-metre campaign aimed at delivering a maiden Mineral Resource Estimate for McNabs East in the December 2026 quarter. The exploration push comes as the pre-revenue company reports an increased annual loss but a stronger $8.2 million cash balance after equity raisings.

Ordell Minerals has launched a major 14,000m drilling campaign at its Barimaia Gold Project in WA, aiming for a maiden Mineral Resource Estimate by the end of 2026 as recent results confirm expanding gold mineralisation.

Ordell Minerals has strategically expanded its Barimaia Gold Project near Mount Magnet by acquiring three new tenements highly prospective for granodiorite intrusions. This move broadens the exploration scope ahead of a substantial 15,000m drilling campaign scheduled through mid-2026.

Big moves came from deal-driven small caps, critical minerals stories and a fresh burst of funding news across gold, copper and rare earths. The strongest gains came where cash, contracts or takeover terms gave investors something concrete to price in straight away.

Ordell Minerals has reported multiple high-grade gold intersections at its Barimaia project’s McNabs East Prospect, underpinning a 15,000m drilling program planned for May to July 2026 targeting resource growth and new discoveries.

Ordell Minerals has reported compelling shallow gold mineralisation results from its recent drilling at the Barimaia Gold Project, with high-grade intercepts confirming the prospect’s open-pit potential. Drilling will recommence shortly to expand these zones and explore new targets along a significant strike length.

Ordell Minerals has reported exceptional high-grade gold intersections at its Barimaia Gold Project, with drilling poised to restart in February targeting further extensions. Meanwhile, promising surface gold anomalies at the Goodia Project set the stage for upcoming exploration.

A takeover premium blew the doors off the Materials board this week, while one discounted equity raise did the opposite. Uranium names kept climbing on real production progress, and rare earths stayed in favour as governments and buyers circle supply.

A takeover offer lit up small caps, while one high-growth software name slid hard despite strong sector news. Resources dominated the winners list, but investors still punished dilution and discounted fundraisings.