Latest Charters Towers News

Sunshine Metals has reported standout drilling results from its Liontown Gold Panel, including 22 metres at 20.25 grams per tonne gold, underpinning a resource update and revised mining study planned for mid-2026.

Native Mineral Resources (ASX:NMR) has raised A$3.5 million through a convertible note with existing investor Lind Global Fund III LP, aiming to reduce debt and support operational cash flow.

Sunshine Metals reveals a robust Mining Study at its Liontown Project in Queensland, targeting shallow oxide gold with initial production of approximately 75,000 ounces of gold and 654,000 ounces of silver, generating an estimated net operating cashflow of $163 million. High-grade drilling results and a $202K government grant support ongoing exploration and development.

Native Mineral Resources (ASX:NMR) reported solid Q3 FY26 gold production from its Charters Towers assets, highlighted by strong mill performance and record pours at Blackjack. The company also secured exclusive mining rights at Podosky, underpinning its regional growth strategy.

Eastern Resources (ASX:EFE) has activated the farm-in period for its Marengo Gold Project, marking a key milestone with fieldwork planned after Queensland’s wet season. The company maintains steady cash reserves and advances environmental assessments at its Nowa Nowa Iron Project.

Native Mineral Resources (ASX:NMR) has delivered strong diamond drilling results at its Blackjack Mine, Queensland, confirming and exceeding previous gold grades. Mining has resumed with ore processing underway, supported by new infrastructure and ongoing development.

Loyal Metals has exercised its option to acquire 100% of the Highway Reward Copper-Gold Mine in Queensland, triggering the sale agreement and setting the stage for full ownership by H2 2026. This move follows extensive exploration that confirmed the project's exceptional grade and scale.

Native Mineral Resources has successfully poured 560 ounces of gold doré at its Blackjack plant and is on track to begin mining at Podosky in April, advancing multiple projects in Queensland.

Killi Resources has won a Queensland Government grant to co-fund drilling at its Mt Rawdon West copper-gold project, targeting a compelling porphyry system. The planned drilling aims to test significant geochemical and geophysical anomalies in the Baloo prospect.

Sunshine Metals has secured a $202,235 Queensland Government grant to fund diamond drilling at the Trooper Creek Au-Ag-Cu-Zn target, testing a promising geophysical anomaly. This move complements ongoing work at its Liontown and Sybil projects, signalling a busy exploration period ahead.

Native Mineral Resources Holdings Limited has locked in exclusive 12-month mining rights at the Podosky Gold Project in Queensland, backed by promising high-grade drilling results and imminent mining plans.

Native Mineral Resources has made early repayments totalling nearly $2 million on its Collins St finance facility, reducing its debt well ahead of schedule. This move underscores the company's robust cash flow and strategic focus on its Charters Towers gold projects.