Latest Murchison Region News

Terrain Minerals has identified high-grade tungsten across six Smokebush prospects after re-assaying previously capped samples, with the strongest result reaching 0.75% WO₃. The company plans up to 12 tungsten-focused RC holes, although the mineralisation remains early-stage and only a third of the available samples has been tested.

Solara Minerals has reported a sharply wider FY2026 loss after impairing $3.14 million of exploration assets, while cash fell to $2.03 million. The early-stage explorer expanded its Bryah Basin portfolio but says further funding may be needed to continue exploration.

Ozz Resources has emerged from suspension after raising $4.8 million, acquiring the Bedaburra nickel-copper-cobalt project and reshaping its exploration portfolio. The annual report also highlights a still-loss-making balance sheet and unresolved funding demands ahead.

Mamba Exploration has confirmed 165 historical copper intersections across a 3km corridor at its 70%-owned Meeka East project, supporting a new felsic volcanic exploration model. The company plans further mapping, geophysics and drilling, although the historical data is not sufficient to define a mineral resource.

Everest Metals has started a 6,000-metre drilling campaign at Revere while commissioning a Scoping Study targeted for March quarter 2027. A separate $150,000 cash and share transaction would lift EMC’s stated joint venture interest to 56% and halve a royalty burden over selected tenements.

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.

Great Boulder Resources has reported a fresh wave of high-grade drill results at its Peak Hill Gold Project, reinforcing plans for a significant resource upgrade and near-term production underpinned by an ore purchase deal with Westgold.

Albion Resources has locked in a three-month exclusive option to acquire four exploration licences adjacent to its Gidgee Gold Project, adding about 27 square kilometres of highly prospective ground near known high-grade gold zones and polymetallic targets.

Caprice Resources has reported significant drilling success at its Island Gold Project, extending gold mineralisation at the Vadrians deposit both along strike and at depth. The results highlight a structurally controlled system with ongoing exploration potential.

E79 Gold Mines has secured essential tenements at its Cue Gold Project, paving the way for a major drilling campaign targeting over 10,000 metres of gold-bearing structures starting in October 2026.

Terrain Minerals’ 2026 IP survey at Smokebush has pinpointed seven top-tier gold drill targets, including the strongest chargeability anomaly near its Lightning deposit, setting the stage for a 2027 drilling campaign.

MLG Oz Limited lifted net profit after tax by 19.2% to $14.5 million, supported by stronger crushing and screening services and renewed contracts with key mining clients.