Latest Halls Creek News

Olympio Metals has extended the Bousquet gold system to 1.3 kilometres while its maiden Jacknife silver drilling campaign gathers pace in Idaho. The exploration progress comes with a sharper funding question: A$1.178 million in cash covered just 0.98 quarters of reported outgoings at 30 September.

Cobalt Blue has moved closer to a commercial pathway for its Kwinana refinery with a non-binding cobalt metal offtake term sheet, while studies across its project portfolio gather pace. The September quarter also left the company with A$2.852 million in cash, equivalent to 2.24 quarters of estimated funding at the reported burn rate.

NH3 Clean Energy has expanded the potential market for its WAH2 clean ammonia project and completed key environmental surveys, but now expects to make its final investment decision in 2027 rather than 2026. The company ended September with A$4.404 million in cash after raising A$4 million from predominantly institutional investors.

RareX has moved Cummins Range through key permitting and heritage milestones, while stronger metallurgical results broaden the project’s critical-minerals potential. But the explorer’s annual loss widened to A$5.07 million, cash burn remained high and its going-concern assessment still depends on future funding and project development.

Cobalt Blue has cleared important technical and regulatory hurdles at its Kwinana refinery, but the pre-revenue developer says further funding is needed and auditors flagged material uncertainty over its ability to continue as a going concern. The company reported an A$8.797 million loss for FY2026 despite ending the year with A$4.265 million in cash.

TechGen Metals has wrapped up diamond drilling at its Blue Devil Project in East Kimberley, intersecting pyrite-rich sedimentary rocks and quartz-carbonate-pyrite zones that hint at an intrusive-related gold system. Initial assay results are due next month, potentially setting the stage for further exploration.

TechGen Metals has started drilling at its Blue Devil copper-gold target in East Kimberley, WA, backed by government co-funding. Meanwhile, drilling at the Red Devil target completed with pyrite but no copper mineralisation observed.

TechGen Metals has kicked off its maiden diamond drilling campaign at the Red Devil IP target within its 100% owned Blue Devil Project in WA, testing a standout geophysical anomaly with surface assays hitting up to 52.3% copper and 5.35 g/t gold.

TechGen Metals has locked in a diamond drill rig to begin maiden drilling at its Blue Devil Project in Western Australia, targeting two major copper-gold systems with strong geophysical and geochemical backing.

NH3 Clean Energy has raised $4 million through a private placement priced at an 18.4% discount to fund front-end engineering and design work for its WAH2 clean ammonia project, signalling strong institutional backing as it approaches key development milestones.

NH3 Clean Energy has secured Federal Major Project Status for its WAH2 clean ammonia project, backed by a Linde Engineering FEED agreement and a robust public benefits forecast supporting government-backed financing.

Olympio Metals has completed Phase 2 drilling at its Bousquet Gold Project with 36 new significant gold intercepts, bringing the total to 138. The company also commenced Phase 3 drilling targeting extensions of a high-grade lode and secured an 80% interest in the Jacknife Silver Project in Idaho, USA.