♟️ Monday 26 October 2026 Mon, 26 Oct 2026

Xpedra Resources has completed its first 31 Springfield RC holes with broad gold mineralisation now traced across 400 metres of strike and open at depth and along strike. A larger 4,000 to 5,000 metre drilling campaign is due to begin shortly, while the company has added the historic Neeld Gold Project to its NSW portfolio.

Union Star Metals ended September with A$220,000 in cash, enough for an estimated 0.44 quarters of funding at the quarter’s outflow rate. The company has completed its Brazilian asset sale and is pursuing portfolio disposals, but permitting delays have pushed back planned drilling at its main Nevada project.

Jacaranda Natural Resources has lodged a replacement prospectus for an $8 million ASX float targeting copper, gold and copper-nickel exploration in Queensland and Botswana. The offer remains conditional, ununderwritten and highly speculative, with the company warning that its ability to continue as a going concern depends heavily on a successful raise.

Babylon Pump & Power’s customer receipts rose 11% in the September quarter despite the exit of its Maintenance business, while debt fell by about $2.2 million after a $7.27 million recapitalisation. The company is now betting on steady water-management demand and higher fleet utilisation to carry its simplified business through FY27.

European Lithium has secured Supreme Court approval for its proposed share and option schemes with Critical Metals Corp., removing the central legal hurdle to the transaction. The deal is now expected to move from ASX trading to a NASDAQ-listed CRML structure in early November, subject to the court orders being lodged with ASIC.

Unity Metals has identified a broad, open stockwork gold zone at its O’Phlay project in Cambodia, with drilling returning intersections of up to 70.4 metres at 1.1 grams per tonne. The explorer has now started a 3,000-metre follow-up program, backed by a $3.5 million placement and $3.399 million in cash.

Caspin Resources has reported a 45% increase in contained tin at its Kelpie Deposit, with a 6.5Mt resource now sitting within an optimised open-pit shell. The explorer is moving towards development-style work while awaiting assays from deeper drilling and testing a growing list of regional targets.

S2 Resources reported a $12.7 million profit after selling its Greater Fosterville licence to Agnico Eagle, which also invested $3 million in the explorer. With $18.6 million in cash, S2 is now moving toward drilling across gold and copper targets, though access, approvals and rig availability remain the immediate constraints.

Industrial Minerals has cleared a key licensing hurdle at its newly acquired Laverton Gold Project, positioning the North Pool prospect for maiden RC drilling once heritage and regulatory approvals are complete. The company ended September with $2.50 million in cash after completing its $3 million placement and issuing shares tied to the acquisition and board changes.

Queste Communications is seeking shareholder approval to leave the ASX, arguing that limited trading, concentrated ownership and listing costs no longer justify its quoted status. If approved and accepted by ASX, trading could end on 29 December 2026, leaving shareholders to sell privately after delisting.

Orion Equities will ask shareholders to approve a voluntary ASX delisting, arguing that sparse trading, concentrated ownership and annual listing costs no longer justify its quoted status. The move would leave shareholders relying on private transactions to sell their shares if the delisting proceeds.

Altamin has completed the technical work underpinning its Lazio Scoping Study, but pushed the release to the end of Q1 2027 while reporting A$1.56 million in cash and a 1.41-quarter funding estimate. The company has drawn A$1 million from a shareholder-linked facility and is relying on further debt, grant reimbursements, a possible Gorno transaction and potential equity funding to support its plans.

GR Engineering Services delivered stronger FY26 earnings and lifted its dividend, but the scale of its new project pipeline is bringing a substantial working-capital requirement. The ASX-listed contractor is forecasting FY27 revenue of A$825 million to A$850 million after securing more than A$1 billion in contracts since April.

Bougainville Copper has asked the ASX to reinstate quotation trading after lodging its delayed half-year report, but the exchange has not yet approved a resumption. The company has acknowledged repeated reporting failures and introduced tighter internal controls.

Aureka shareholders have backed the proposed acquisition of the Fiddlers Creek Gold Mine and Wedderburn Gold Processing Mill with 51.6 million votes in favour and just five against. Completion is expected around 30 October, subject to remaining transaction conditions.

CZR Resources will not waive a failed shareholder approval condition attached to its takeover offer for Zuleika Gold and plans to seek ASIC consent to withdraw the bid. The offer remains scheduled to close on 6 November unless the regulatory process changes its course.

Maritana Minerals has moved the Black Swan Processing Hub into active construction after securing all statutory process-plant approvals. The gold developer ended September with A$214.5 million in cash, a larger resource base and first gold still targeted for the second half of 2027.

BMC Minerals has reported high-grade polymetallic drilling near its proposed Yukon mine, alongside a US$8.6 million quarterly operating cash outflow and five quarters of funding at current spending rates. The company also detailed the secured Wheaton financing arrangement that underpins part of the KZK project’s funding position.

DataDot Technology Limited (ASX:DDT) delivered a stronger FY26, with revenue rising 14.1% to $3.85 million and profit before tax nearly tripling to $327,420. The sharper result was driven largely by PropertyVAULT’s first full year of insurance services, although key insurer relationships remain pilots or works in progress.

Kaiser Reef produced 6,263 ounces of gold in the September quarter while lifting cash and bullion to A$40 million and fully repaying its Auramet gold loan after quarter end. Henty replaced mined reserves, while Maldon’s exploration program moved underground despite a negative operating cash contribution.

Australian Mines has moved its Flemington scandium project into a larger pre-feasibility study while Boa Vista drilling adds a second growth track. But the FY2026 annual report also records a A$7.1 million loss, A$5.0 million in impairments and a material uncertainty over continued funding.

Ingenia Communities has received an unsolicited $5.35-per-security cash proposal from AVID Property Group, with a potential total value of $5.40 including a permitted distribution. The approach has secured six weeks of soft exclusivity, but remains non-binding and has not displaced Ingenia’s proposed Peet acquisition.

Metgasco’s independently assessed 2P reserves have fallen to 6.2 PJe from 36.45 PJe, despite unchanged gas-in-place estimates at its Odin and Vali fields. The company says the change reflects current capital expenditure plans rather than a geological reduction, with 31.45 PJe now classified as 2C contingent resources.

TMK Energy has posted record quarterly gas production at its Mongolian pilot project while securing regulatory acceptance of a formal gas discovery. The milestone opens an appraisal pathway, but reserves, a production licence and longer-term funding remain unresolved.