Latest Composites News

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.

Dimerix has secured Mexican composition of matter protection for its Phase 2-ready kidney drug DMX-652 until June 2041. The grant expands the asset’s patent estate ahead of planned clinical testing in acute kidney injury, although it brings no new clinical data or regulatory approval.

AuKing Mining has reported wide, high-grade rare earth intersections from maiden RC drilling at its Tundulu project in Malawi, including 91 metres at 1.51% TREO. The results also reveal unusually strong heavy rare earth enrichment and have prompted the company to fast-track a maiden resource estimate targeted before the end of 2026.

Vaughan Nelson Global Equity SMID Fund delivered a sharp rise in operating profit and more than quadrupled its net assets in FY2026, helped by $31.8 million in investment gains and strong investor applications. The result also leaves the ASX-listed Class B units with greater exposure to global equity and currency movements.

Image Resources has expanded the Mineral Resource at its Durack mineral sands project by 43% to 37.7 million tonnes, while lifting contained heavy minerals and zircon content. The upgraded estimate gives the company a stronger technical base for an economic evaluation due later in 2026, although changes to the cut-off and mineral definitions complicate direct comparisons.

Gorilla Gold Mines has extended its Lakeview drilling story with a 7.0-metre intercept grading 12.6g/t gold, while securing the final permit for underground activities at Sovereign. Metallurgical testing across three Comet Vale deposits also returned average 94.6% gold recovery after 48 hours at a relatively coarse grind size.

Amplitude Energy has approved completion of its Juliet-1 exploration well after preliminary testing indicated at least 49 metres of net pay, strong reservoir quality and estimated carbon dioxide below 2 mol%. The well is ahead of schedule and budget, but flow rates, gas composition and recoverable resource estimates remain outstanding.

Austal has received a non-binding indication of interest from a Wildcat Infrastructure-led syndicate to buy Austal USA for an enterprise value of US$1.25 billion to US$1.35 billion. The proposal is conditional on four weeks of due diligence, leaving the potential transaction at an early and uncertain stage.

Golden Dragon Mining has extended the Cue Gold Project’s high-grade story, with Behring Bore returning 4 metres at 6.98 g/t gold and Coodardy mineralisation now defined across about 500 metres of strike. A larger 2,500-metre RC program will test whether the zones continue at depth and along strike.

Magnum Mining has defined a connected 32.5km² Plateau Zone at its Piracanjuba North project in Brazil after positive results from another 86 auger holes. The company is targeting a maiden JORC Mineral Resource Estimate in November 2026, but the latest desorption figures remain laboratory screening results rather than recoveries or economic data.

KTEK Aerosystems has secured a US$172,500 turnkey contract to design, tool and manufacture two composite prototypes for Israel-based Vestal Technology. The work adds a new customer, but any production beyond the prototypes remains uncertain.

WhiteRock Lithium says all seven holes drilled in the first phase of its 2026 campaign intersected spodumene-bearing pegmatite, extending the Spodumene Mountain strike length by 115% to 1.4km. The result is encouraging, but laboratory assays are still needed to establish lithium grades and true widths.