Latest Lithium And Gold News

Delta Lithium has outlined Q4 reconnaissance drilling across six Yinnetharra targets, including two gold anomalies supported by high-grade rock-chip and historic drill results. At Mt Ida, new lithium, tantalum and rubidium intersections are feeding a resource update while a 1-tonne metallurgical program moves ahead.

Juno Minerals has completed the sale of its Mount Mason project for A$6 million plus a 2% production royalty, but the buyer has pushed development into 2027. The company is now concentrating on finding a partner for its large, capital-intensive Mount Ida magnetite project.

Evergold Minerals has reported a sharply smaller FY2026 loss and a stronger cash position after completing its shift from lithium to gold exploration. The company now has $4.0 million in cash and $4.8 million invested in Western Australian exploration assets, but remains dependent on drilling success and future funding.

Marquee Resources has received a $549,122 R&D tax refund, adding non-dilutive cash ahead of planned drilling at its Yindi Lithium and Gold Project in Western Australia. The filing improves near-term financial flexibility but does not disclose the company’s post-refund cash balance or drilling budget.

Desert Minerals has delivered a maiden JORC Mineral Resource Estimate for its Scotty Lithium Project in Nevada, outlining a substantial lithium clay deposit of 264.9 million tonnes at 1,006 ppm lithium, alongside a sizeable Exploration Target that hints at further growth.

Marquee Resources has completed a targeted field program at its West Spargoville Project, refining geological models of spodumene-bearing pegmatites and identifying misaligned historical drilling. Pending assay results will guide a re-oriented reverse circulation drilling campaign.

Ore Resources’ July diamond drilling at Kangaroo Hills confirms thick, near-surface lithium mineralisation and advances development studies, setting the stage for a Direct Shipping Ore assessment.

TG Metals Limited has delivered a maiden inferred lithium resource at its Burmeister deposit within the Lake Johnston Project, outlining a 6.7 million tonne resource grading 1.18% Li2O with significant exploration upside.

Avira Resources has confirmed strong high-grade gold mineralisation continuing at depth at its Mt Cattlin Gold Project in Western Australia, with standout assay results from its maiden RC drilling program at Maori Queen. The company plans further drilling to test extensions and new prospects from September 2026.

Terrain Minerals has released a maiden inferred mineral resource estimate at its Lightning Gold Project alongside advancing multiple critical and precious metals projects across Western Australia and Queensland.

Charger Metals has expanded its Medcalf lithium resource to 10.6 million tonnes at 1.0% Li2O, backed by strong metallurgical results and a fresh $3.75 million cash injection from selling its Bynoe project.

Ore Resources (ASX: OR3) reported substantial drilling success in lithium and gold at its Coolgardie projects, confirming extensions at Kangaroo Hills lithium pegmatites and Forrest gold system, while expanding landholdings and advancing development studies.