Latest Skylark Minerals (ASX:SKM) News

Big moves came from small and mid-cap names tied to drilling, project studies and fresh funding. Healthcare, mining and takeover stocks all had a busy week, but not every strong announcement held its gains.

A handful of small-cap names posted big weekly swings, but the bigger story was a flood of new studies, resource upgrades and funding deals across gold, rare earths and battery materials. Investors chased scale and near-term production, while several raisings and gap-down reopenings showed how quickly early enthusiasm can fade.

Skylark Minerals has completed Phase 1 drilling at its M’Basso Prospect, defining a 750m mineralised strike and identifying a new eastern gold zone. Metallurgical tests show 95% gold extraction, supporting a straightforward processing route.

Skylark Minerals has exercised its option to acquire 100% of the Vavoua Project for A$150,000, expanding its Côte d’Ivoire footprint near the Abujar Mine with promising historical gold results.

Skylark Minerals has kicked off its largest drilling campaign at the Zaranou Gold Project in Côte d’Ivoire, confirming deeper and thicker gold mineralisation that could expand its 364,600-ounce inferred resource.

Skylark Minerals’ latest drilling at the M’Basso Zone within its Zaranou Gold Project reveals thicker and richer gold intersections at greater depths, validating its geological model and hinting at significant resource expansion.

Skylark Minerals has sharpened its focus on gold exploration in Côte d’Ivoire, unveiling a robust 2026 drilling program at its flagship Zaranou Project. The company aims to expand its mineral resource and accelerate development in a Tier One West African jurisdiction.

Skylark Minerals has kicked off a major 23,000-metre drilling program at its flagship Zaranou Gold Project in Côte d’Ivoire, aiming to expand its mineral resource and uncover new gold zones. The campaign marks a rapid progression from acquisition to active exploration.

Skylark Minerals has acquired a significant gold project portfolio in Côte d’Ivoire, including the flagship Zaranou Project with an inferred resource of 364,600 ounces. The company completed a A$10 million capital raise to fund upcoming exploration activities and has bolstered its technical team ahead of a busy 2026 drilling season.

Skylark Minerals Limited reported a $706,000 operating cash outflow and a $6.4 million investment in exploration during the December 2025 quarter, ending with $2.9 million in cash. The company’s financing activities provided a $3.3 million inflow, supporting its ongoing operations.

Skylark Minerals Limited has applied for ASX quotation of 37.98 million fully paid ordinary shares from a previously approved placement, signalling a key step in its capital expansion strategy.

Skylark Minerals has completed its acquisition of Ricca Resources’ gold assets in Côte d’Ivoire, including the advanced Zaranou Project with a JORC-compliant inferred resource of 364,600 ounces. The company is poised to begin exploration activities in early 2026.