Latest Asx Small Caps News

US1 Critical Minerals has agreed to transfer six Tanzanian uranium licences to Bradda Head Lithium for up to US$1.8 million, while retaining its Lilombe Project. The deal remains subject to regulatory approvals and other closing conditions.

Dart Mining has confirmed high-grade tin in four selective rock-chip samples from its Walwa project in Northeast Victoria, including 3.96% tin with elevated tantalum and niobium. The results strengthen the case for maiden diamond drilling planned for October, but do not establish representative grades or a mineral resource.

Auric Mining has acquired second-hand crushing and processing infrastructure for $1.2 million, securing key equipment for its planned Burbanks restart at a substantial discount to estimated replacement cost. The package is scheduled to move from New South Wales in late 2026, with installation preparation targeted for early 2027.

BPM Minerals has entered its most consequential exploration phase after expanding Beachcomber into a multi-lode gold system and securing A$6.6 million in cash. The company is now drilling toward a maiden JORC resource, although its option to acquire the Forelands project remains unexercised and no resource has yet been estimated.

FMR Resources has shifted decisively towards Chile, expanding its copper-gold portfolio while early Llahuin drilling suggests the interpreted porphyry core remains untested. The exploration push came with a $6.44 million loss, $4.65 million in cash and a renewed dependence on future capital.

Resolution Minerals has reported its strongest gold grades to date at Golden Gate South, including 1 metre at 14.8 g/t gold, while extending the identified mineralised zone to approximately 600 metres. The results point to possible higher-grade feeder zones, but true widths and the broader continuity of the system remain unconfirmed.

Mandrake Resources has extracted more than 8,000 litres of lithium brine from its Utah project and delivered the bulk sample for testing by Electroflow Technologies. The work moves the project toward scoping studies, but the key evidence on grade, recovery and costs is still to come.

TechGen Metals has outlined a funded exploration campaign spanning gold, copper and silver targets, with about A$3 million in pro forma cash and several assays due through late 2026. The strongest potential catalyst is John Bull, where step-out drilling could support a maiden Mineral Resource Estimate if results are positive.

Cullen Resources has confirmed shallow gold, silver and copper anomalies at its Lila and Cleanthes prospects in Western Australia, including a 1m result grading 2.42 g/t gold with 2,610 ppm copper. The reconnaissance results support deeper follow-up drilling, but stop well short of defining a mineral resource or economic discovery.

Silex Systems’ 51%-owned Global Laser Enrichment has secured Cameco as the exclusive buyer for all future production from its planned Kentucky uranium enrichment facility. The deal strengthens the project’s commercial case, but construction, licensing and a final investment decision remain outstanding.

Gorilla Gold Mines has lifted its reported Mineral Resource to approximately 2.0Moz of gold after a year of intensive Western Australian drilling. The gain comes with strong exploration momentum, but the company remains pre-revenue and expects to seek further funding.

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.