Latest Fluorite News

Daly Resources has emerged from its June ASX debut with $11.05 million in cash, a 6,500 km² Northern Territory exploration portfolio and a growing list of drill targets. The catch is familiar for early-stage explorers: the company has yet to define a mineral resource or reserve, while its strongest Huckitta results remain surface sampling rather than drilling.

Eclipse Metals has enlarged its flagship Grønnedal rare-earth resource to 208 million tonnes and added a maiden Ivigtût critical-minerals inventory. The gains came alongside a higher annual loss, a material going-concern uncertainty and an unresolved legal claim.

Octava Minerals is pursuing a staged acquisition of a 400km2 fluorspar project in Argentina’s historic Sierra Grande district, backed by an approximately A$1.8 million placement. The opportunity comes with substantial verification risk: the reported grades are historical, non-JORC compliant and have not been independently validated.

Delta Lithium reported a $13.2 million FY2026 profit after separating its gold assets into Ballard Mining, while advancing lithium projects at Mt Ida and Yinnetharra. The result was supported heavily by demerger-related accounting gains, leaving the next test firmly operational: whether the projects can move towards production.

Daly Resources says a 10.7-kilometre soil traverse has revealed fluorine anomalies beyond known Huckitta fluorite outcrops, including beneath transported cover. A new western vein and high-grade rock-chip results have widened the exploration target, but drilling is still required to test continuity and scale.

Daly Resources ended FY2026 with $11.05 million in cash after its $12 million IPO, but reported a $3.63 million loss dominated by share-based remuneration. The ASX-listed explorer has no defined mineral resources or ore reserves and must now convert its exploration portfolio into results.

Evion has identified a previously unmined 200m by 200m prospect at its Carp Fluorspar Project in Nevada, just 300m from the historic South Pit. Assays are pending, with geophysical surveys and a potential maiden drilling programme next in line.

Tivan Limited’s Stage Two drilling at the Sandover Fluorite Project delivers broad, high-grade fluorite intersections up to 74.3% CaF2, validating exploration models and setting the stage for a maiden resource estimate.

Daly Resources advances exploration across 6,451 km² in the Northern Territory, revealing fluorite assays up to 95.1% CaF₂ and significant copper-zinc potential backed by strategic investors and government funding.

Tivan has secured all necessary regulatory and heritage clearances to launch a maiden drilling campaign at Walshy’s Wall, a promising manganese-barite gossan with high-grade fluorite and polymetallic potential in the Northern Territory.

Japan Australia Fluorite Associates has received a $3 million funding tranche under the $7.4 million IPCM grant, supporting the ongoing Definitive Feasibility Study for the Speewah Fluorite Project in Western Australia.

OD6 Metals has delivered compelling metallurgical and ore sorting results from its Quinn Fluorspar Project in Nevada, confirming exceptional fluorspar grades and effective waste rejection using TOMRA technology. These findings underpin a low-cost processing pathway for Metspar and Acidspar products, advancing the project's development prospects.