Latest Heritage Approvals News

PLC Resources has repositioned around Western Australian gold and copper exploration, securing a maiden 13,000-ounce Inferred Resource at Wadgingarra and full ownership of Yalgoo. But the FY2026 annual report also carries a material uncertainty related to going concern, leaving future exploration dependent on additional funding and exploration success.

Australian Vanadium reported progress across its mine, electrolyte and battery businesses, but auditors highlighted material uncertainty over the company’s ability to continue as a going concern. The group held $17.9 million in cash at 30 June, yet expects to need additional funding within 12 months.

Peregrine Gold has reported a $3.47 million FY2026 loss and $3.56 million operating cash outflow, with its auditor highlighting material uncertainty over the company’s ability to continue as a going concern. Against that financial pressure, the ASX-listed explorer is preparing RC drilling across two high-grade channel iron prospects and advancing several gold targets in the Pilbara.

Red Metal’s Sybella project has moved closer to a development decision after heap-leach testing delivered strong rare earth extractions with low impurity levels. The company also reported a $19.17 million FY2026 profit, although most of that result came from the accounting gain tied to its Maronan Metals restructuring.

PLC Resources has started an approximately 2,400-metre RC drilling program at Rochefort, testing whether early gold anomalism marks the edge of a larger system. The eight-hole campaign is expected to produce first assays in four to six weeks, but the company cautions that its larger-system interpretation remains conceptual.

CGN Resources has intersected gold at three of four targets in its maiden Christmas Well RC program, with Rocky Mountain Oyster returning the strongest result in fresh rock. The early-stage campaign supports follow-up drilling, but does not yet establish a mineral resource or confirm true widths.

Cazaly Resources has completed the grant of all five tenements for its Romano Gold Project, finalising Dundas Minerals’ 80% earn-in joint venture with a $1.7 million cash and shares consideration. The project lies adjacent to the 6Moz Gruyere gold mine, setting the stage for systematic exploration.

PLC Resources is set to resume drilling at Rochefort in September, aiming to expand on promising gold signals from its maiden program. Meanwhile, a fresh structural interpretation has revealed a major regional gold corridor at Abbotts North, broadening exploration prospects.

Dundas Minerals has locked in Exploration Licence E38/4002, securing the 5km Bloodwood gold anomaly within its Romano Project in Western Australia. Historical drilling highlights promising gold grades, setting the stage for systematic exploration pending heritage approvals.

Buxton Resources has refined the location of a significant off-hole conductor at its Madman copper-gold project and secured a rig to drill-test this high-priority target in the coming months.

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.

S2 Resources is set to begin drilling at Warraweena in early October targeting gold and copper, while Loch Lilly prepares geophysical surveys and awaits drilling permits. Jillewarra drilling remains on hold pending regulatory and heritage approvals.