Latest Materials News

Odyssey Gold’s metallurgical testwork on weathered material from its Cable deposit starter pit has delivered a rapid 95.9% gold leach recovery, supporting early mining potential at the Tuckanarra Project in WA.

Desert Minerals has identified a significant north-northwesterly gold soil anomaly at its Mt Monger project, setting the stage for upcoming drilling to expand its existing JORC resource.

Dalaroo Metals is on the cusp of securing expanded licences for its Blue Lagoon Project in southern Greenland, significantly enlarging its footprint across promising onshore and offshore critical minerals targets. The move advances a sediment-hosted mineral system model, setting the stage for extensive exploration activities.

Lindian Resources reports steady progress at its Kangankunde Rare Earths Project in Malawi, maintaining schedule for first production in late 2026 with key infrastructure and regulatory milestones achieved.

American Uranium has started drilling the final 55 holes at its Lo Herma uranium project in Wyoming, aiming to expand and upgrade resources before a planned Q3 2026 Mineral Resource update and Scoping Study.

Light & Wonder posted modest revenue growth in Q1 2026, driven by strong Gaming and iGaming performances, while net income fell sharply due to legacy legal costs. The company maintains disciplined capital management amid ongoing macro pressures.

Premier1 Lithium’s latest drilling at Yalgoo reveals a fresh high-grade gold zone at Carlisle and confirms a large hydrothermal system at Mt Kersey, spotlighting a new VMS corridor that could reshape resource potential.

Pacgold has confirmed new shallow gold mineralisation at its Vertigo deposit within the White Dam Project, suggesting a potential increase to its Mineral Resource Estimate. Infill drilling results support upgrading resource confidence, with further drilling planned to refine the resource and support mine planning.

Exultant Mining has secured regulatory approval and contractor engagement to launch a targeted 12-hole RC drilling campaign at its Balerion Prospect, aiming to test high-priority geochemical and geophysical anomalies.

EVZ Limited projects full year revenue between $120 million and $125 million for FY26, alongside an EBITDA forecast of $8.5 million to $9 million, reflecting improved margins and operational efficiency.

Connected Minerals Limited (ASX:CML) confirms it disclosed its binding acquisition of Frontier Group CRM and associated $4.5 million capital raising promptly after finalising agreements, addressing ASX concerns over earlier market activity.

Audalia Resources has secured $450,000 through a share placement to push forward mining design and regulatory approvals at its Medcalf Project.