Latest Als News

Patriot Resources has completed 38 surface samples at its Tassa silver-gold project in Peru, where mapping identified a 120-metre breccia interpreted as the upper part of a preserved epithermal system. The company is now moving south into the newly acquired Tassa 5 tenement while its maiden drill permit application progresses.

Alara Resources has shipped its 65th copper-concentrate parcel from Oman, closing out a record quarter with approximately 2,952 tonnes of contained copper sales. September’s total was 42% above the previous quarterly record and nearly double the comparable quarter a year earlier.

Alara Resources has swung from a $19.03 million loss to a $19.67 million net profit after tax as its Oman copper operation generated $135.35 million in revenue. The turnaround comes with a material going-concern uncertainty, planned further equity funding and a legal appeal due in November.

Norwest Minerals has strengthened the technical case for its Bulgera heap-leach project with a revised 191,000-ounce resource and 86% bottle-roll recoveries. But the ASX-listed explorer ended FY2026 with $394,541 in cash, and its auditor highlighted material uncertainty over its ability to continue as a going concern.

Firebrick Pharma has approved a phased push into US retail pharmacies after Nasodine online sales grew by more than 200% in FY26. Up to six regional pharmacy groups representing about 700 stores have expressed strong interest in early orders, although no binding orders have been disclosed.

Lightning Minerals has started a 262-sample Phase 3 soil program at its Warby Tungsten Project in North Queensland, with the first 162 samples already at the laboratory. Results expected in October will help determine whether open tungsten anomalies are ready to support maiden drilling.

Altoro Metals says underground drilling has expanded the apparent width of the Emilia zinc mineralised system beyond 100 metres, although assays from nine holes are still pending. The company is combining four historical workings into one Novales Project as it prepares further drilling, a resource upgrade and mine restart documents.

Gold Mountain has extended reconnaissance rare earth mineralisation at its Down Under Project in Brazil to at least 13 kilometres west of the Irajuba Exploration Target. The strongest result was 10 metres at 2,145 ppm TREO, including 2 metres at 4,607 ppm, but the data remains preliminary and metallurgical recovery is still untested.

Resource Minerals International has expanded its exploration push across Tanzania and Saudi Arabia, but auditors flagged a material uncertainty over the company’s ability to continue without future capital raisings. The ASX-listed explorer ended FY2026 with $2.12 million in cash after raising funds through placements and convertible securities.

Global Gold Mining has reported recoveries of up to 91.4% from metallurgical tests at its Sturec gold deposit in Slovakia, providing a useful processing input for the project’s pre-feasibility study. The result is encouraging, but the weaker 79.5% recovery from transitional material and the laboratory-scale nature of the work remain important qualifications.

Antimony Resources has begun trading under the ANT code as its Tecomatlán processing plant in Mexico moves closer to its first processing campaign. About 200 tonnes of mineralised material has been prepared, but assay results and commissioning outcomes are still to come.

Killi Resources has intersected a 50-metre zone of visually estimated crystalline magnetite 600 metres south of Lodestone’s existing 110Mt inferred resource. The result also identified a separate 16-metre hanging-wall zone, but assays and metallurgical testing are still pending.