Latest Gawler Craton News

Indiana Resources has finished FY2026 with A$30.1 million in cash and term deposits, promising exploration results in South Australia and an unresolved dispute over 18% of its Tanzania settlement proceeds. The company is also preparing for Managing Director and CEO Matthew Bowles to leave in November.

Resource Base Limited (ASX:RBX) reduced its FY2026 loss, but ended the year with only $140,776 in cash and an auditor warning of material uncertainty over its ability to continue as a going concern. The company is relying on fresh capital to advance early-stage titanium targets in South Australia.

Auravelle Metals has reported encouraging gold results at Sheoak and expanded its Crown project, but its FY2026 annual report flags a material uncertainty over its ability to continue as a going concern. The company lost A$3.98 million, used A$4.07 million in operating cash and held A$632,721 at year end before completing a further A$1.5 million placement.

Auravelle Metals has agreed to divest its Skeleton Rocks Project in Western Australia to Forrestania Resources for $250,000 in cash or shares. The deal remains subject to due diligence and other conditions, as Auravelle narrows its exploration focus to Nuckulla Hill and Crown.

Taiton Resources has secured a farm-in agreement over EL 6468, significantly enlarging its Challenger West gold-copper project in South Australia. Historic drilling highlights shallow, high-grade mineralisation, while new soil sampling aims to sharpen upcoming drill targets.

Auravelle Metals reports strong preliminary metallurgical results from its Sheoak Prospect, confirming high gold recoveries and non-refractory mineralisation amenable to conventional processing.

Indiana Resources announces the resignation of CEO Matthew Bowles effective November 2026, while exploration at the Gawler Craton Project continues under stable leadership. Executive Chair Bronwyn Barnes remains focused on arbitration proceedings tied to Tanzanian shareholder disputes.

Barton Gold has wrapped up an intensive 39,000m Phase 2 drilling campaign at its Tunkillia Gold Project, aiming to upgrade resource classifications ahead of a Pre-Feasibility Study due in Q1 2027. Early assay results suggest potential for improved grade and resource size, underpinning robust project economics.

Lincoln Minerals has confirmed ongoing mineralisation at its Minbrie Copper Project’s Eagle Ridge prospect through air core drilling, setting the stage for a targeted diamond drilling campaign later this year.

Marmota Limited is ramping up its maiden drilling program at the Greenewood gold discovery in South Australia, increasing planned drilling from 20,000m to 26,000m to extend mineralisation and support a scoping study.

PTR Minerals has unveiled a substantial maiden Mineral Resource Estimate for its Rosewood Titanium Project, highlighting a large, high-grade heavy mineral deposit with strong metallurgical potential and strategic team expansions.

Marmota Limited’s maiden drilling program at Greenewood in South Australia delivers multiple bonanza-grade gold intersections, while Stage 3 drilling accelerates resource expansion efforts.