Latest Bryah Basin News

Catalyst Metals has cut FY27 production guidance to 90,000-105,000 ounces after deferring Trident and Old Highway output to FY28. The downgrade comes despite a stronger balance sheet, a 2Moz Plutonic Reserve base and A$40 million of quarterly cash generation.

Metal Bank has shifted its first-production focus to the larger Homestead deposit in Western Australia, targeting production in 2027 as mining approvals and technical studies advance. The company also raised a further $752,400 after quarter end, but the path from resource to mine still depends on drilling, metallurgy, approvals and funding.

Parbo Resources has completed a 4,737-metre maiden aircore programme at Brians Mill less than six weeks after listing on the ASX. The Western Australian explorer is now awaiting assays while a second 7,500-metre programme advances at Mount Padbury.

Solara Minerals has identified gold and silver in selective rock-chip samples along a quartz vein extending more than 400 metres at Myrnas Hill. The explorer is also preparing follow-up drilling at Wilgeena, while its $1.642 million cash balance points to a measured exploration runway.

Strickland Metals has lifted its Rogozna resource to 9.25 million ounces of gold equivalent, but the exploration company also reported a A$10.39 million FY2026 loss. The cash balance rose sharply after a A$55.11 million placement as the company prepares for studies, permitting and a leadership transition.

Great Western Exploration has identified zinc-silver-lead mineralisation at its Seymour target in Western Australia, which it interprets as the outer edge of a potentially fertile volcanic-hosted massive sulphide system. The company says a nearby copper-gold core remains untested and is accelerating permitting, geophysics and follow-up drilling.

Albright Metals has reported a sharply wider FY2026 loss and an auditor-highlighted material uncertainty over its ability to continue as a going concern. The company’s Canadian Golden Pike project has advanced to a 54,200-ounce JORC resource, but further development depends on funding.

Solara Minerals has reported a sharply wider FY2026 loss after impairing $3.14 million of exploration assets, while cash fell to $2.03 million. The early-stage explorer expanded its Bryah Basin portfolio but says further funding may be needed to continue exploration.

Auris Minerals has identified potential strike extensions to gold mineralisation at Jacques East and returned further anomalous results at Frenchys South from 22 air core holes. The more decisive test now shifts to more than 100 one-metre samples intended to reveal whether the composite grades conceal higher-grade, nuggety zones.

Star Minerals has transitioned from explorer to producer with mining underway at its Tumblegum South Gold Project and anticipates first gold revenue in the December quarter of 2026.

CuFe Ltd posted a $5.14 million net loss for FY26, driven by exploration expenses and share-based payments, while making substantial progress on its Tennant Creek Copper Project, buoyed by a $15.4 million strategic investment from Pan African Resources and a $20.75 million capital raise.

Auris Minerals cut its annual loss to $604,506 and is gearing up for key drilling at Morck Well while progressing mining studies at Forrest, backed by a $3.05 million cash buffer.