♟️ Thursday 10 September 2026 Thu, 10 Sept 2026

Great Dirt Resources has identified 24 priority manganese targets in New South Wales and confirmed rock-chip grades of up to 51.8% manganese. The exploration progress came alongside a $19.1 million FY2026 loss, largely caused by a non-cash share-based payments expense, while cash rose to $3.81 million.

New Age Exploration reported its strongest exploration results to date across three projects, including a 11.0 g/t gold intercept at Wagyu and a new mineralised zone at Lammerlaw. But the explorer’s $4.21 million loss, $2.48 million impairment and auditor-flagged going concern uncertainty leave its next drilling campaign dependent on further funding.

Pan African Resources expects FY26 EPS to rise as much as 151% and headline EPS to more than triple, driven by higher realised gold prices and sales. The company also projects further production growth in FY27, with formal results due next week.

Bass Oil has returned to profit for the first half of 2026, with EBITDA rising 80% and cash reserves strengthening while the company remains debt-free. The result comes as it moves towards first gas from Vanessa, advances the Kiwi project and prepares to tie in the stronger-than-expected Bunian 6 well.

Neometals has cleared a key regulatory hurdle for an A$2 million standby loan from a company controlled by former chairman David Reed. The facility provides near-term funding, but carries 10% interest, security over Barrambie-related assets and potential conversion into equity.

360 Capital Mortgage REIT is appointing receivers across its Bathla-related loans and preparing to sell 162 homes, apartments, townhouses and land lots. The Trust retains $6.3 million in cash and expects monthly distributions to continue, but their level may fluctuate as recoveries progress.

Lode Resources has identified a new polymetallic lode at its Montezuma project in Tasmania, with a narrow interval returning exceptional tin, copper, silver, antimony, gold and lead grades. Three further mineralised zones from the same hole remain awaiting assays, while follow-up drilling is already underway.

Pathkey.AI has appointed Nanyang Technological University chip design and AI specialist Professor Anupam Chattopadhyay to the new Advisory Board supporting Chipforge. The appointment adds technical and commercialisation experience as the AI-native semiconductor platform moves from development towards a product launch, although no launch date or commercial contract was disclosed.

Gorilla Gold Mines has extended its Lakeview drilling story with a 7.0-metre intercept grading 12.6g/t gold, while securing the final permit for underground activities at Sovereign. Metallurgical testing across three Comet Vale deposits also returned average 94.6% gold recovery after 48 hours at a relatively coarse grind size.

QEM has ranked the Vaught-Peck prospect as the leading target at its newly acquired Garden Valley project in Idaho after reviewing historical records of columbite, samarskite and other rare-metal minerals. The opportunity remains prospective rather than proven, with no modern drilling, assays or resource estimate yet reported.

Bubs Australia has secured permanent US FDA authorisation for three infant formula products, removing a regulatory barrier in the company’s largest market. The approval supports possible portfolio expansion and contract manufacturing, but the presentation contains no new earnings guidance or quantified financial benefit.

Viking Mines has hit 14 metres at 0.56% WO3 in the first assay from maiden drilling at its Linka tungsten project in Nevada. The result confirms mineralisation below historic workings, although a duplicate sample returned a lower grade and no resource has yet been defined.

Lion Selection Group (ASX:LSX) increased its investment portfolio by 19% to A$108.2 million in FY2026, even as net profit fell 77% to A$8.9 million after an exceptional prior year. The resources investor enters the new year with A$36 million in cash and term deposits, but remains exposed to volatile junior mining valuations and unresolved litigation.

PM Capital Global Opportunities Fund has completed a $172 million share purchase plan, with all valid applications accepted in full. About 56 million new shares will be issued at $3.07 each and qualify for PGF’s upcoming fully franked dividend.

Kingsgate Consolidated has increased Nueva Esperanza’s Ore Reserves by 31% for silver and 37% for gold, extending the assumed reserve life beyond 12 years. The gains are largely driven by higher price assumptions and lower royalties rather than new drilling.

Odyssey Gold has identified a previously unmodelled high-grade gold structure west of its Cable deposit, with drilling also strengthening the emerging Argos lode. The results could expand the Tuckanarra resource envelope, although continuity and scale remain to be established.

Bannerman Energy has completed a fully underwritten A$124 million institutional placement, giving the Etango uranium project a funding pathway through construction and ramp-up. The company now turns to a targeted Q4 2026 Final Investment Decision, while a further non-underwritten shareholder offer could raise up to A$10 million.

Challenger Gold has set early 2029 as the target for commercial production from a stand-alone heap leach operation at its Hualilán project in Argentina. The roadmap brings engineering, drilling and financing into sharper focus, but still depends on a US$15 million debenture refinancing and a much larger project funding package.

Green Technology Metals has completed the environmental assessment for its Seymour Lithium Project in Ontario, removing a major step from the mine’s permitting pathway. The milestone does not yet amount to final development approval, with a mine closure plan and several permits still required.

Manuka Resources has reported several high-grade, shallow gold intersections from its Pipeline Ridge drilling campaign, led by 32 metres at 7.98 grams per tonne. The results support a maiden resource estimate, but metallurgy, true widths and resource classification remain unresolved.

Eureka Group Holdings has secured $70.7 million from institutional investors to help fund its $123.8 million acquisition of six NSW communities. The remaining $9.5 million retail offer opens against a backdrop of upgraded FY27 earnings guidance, but also higher gearing and execution risk.

Eagers Automotive has signed a non-binding agreement to acquire a 50% interest in Zagame Automotive Group, gaining exposure to 14 premium and luxury vehicle brands across Melbourne and Adelaide. The company expects the proposed joint venture to be immediately earnings accretive, although completion remains conditional and no transaction value has been disclosed.

Golden Horse Minerals has expanded the interpreted Hopes Hill gold system beyond 3 kilometres after completing 52,762 metres of drilling in the six months to June 30. The exploration push delivered multiple high-grade intersections and free-milling metallurgy, but came with no revenue, a $4.37 million loss and a sharp drawdown in cash.

X2M Connect has signed a non-binding five-year partnership with Ethical Development Fund Australia to pursue a 20MW to 45MW GPU data centre and renewable energy precinct in North Queensland. The opportunity could generate both infrastructure delivery revenue and recurring platform fees, but remains subject to binding project agreements, funding and approvals.