Latest Produce News

Daly Resources ended FY2026 with $11.05 million in cash after its $12 million IPO, but reported a $3.63 million loss dominated by share-based remuneration. The ASX-listed explorer has no defined mineral resources or ore reserves and must now convert its exploration portfolio into results.

BPM Minerals has entered its most consequential exploration phase after expanding Beachcomber into a multi-lode gold system and securing A$6.6 million in cash. The company is now drilling toward a maiden JORC resource, although its option to acquire the Forelands project remains unexercised and no resource has yet been estimated.

Reward Minerals has secured approval for the first-ever drilling at its Jackpot gold-copper prospect in Newfoundland, with a seven-hole campaign expected to begin within days. New soil results have also extended the exploration story across a 1.2-kilometre corridor, including a 378ppb gold anomaly at High Stakes.

FMR Resources has shifted decisively towards Chile, expanding its copper-gold portfolio while early Llahuin drilling suggests the interpreted porphyry core remains untested. The exploration push came with a $6.44 million loss, $4.65 million in cash and a renewed dependence on future capital.

Resources & Energy Group has reported strong gold intercepts from grade control drilling at its Maranoa project in Western Australia, including 2 metres at 15.84g/t and 4 metres at 10.38g/t. The results support further mine-planning work, but do not yet change the deposit’s existing inferred resource.

Pursuit Minerals has secured environmental approvals to relocate its pilot plant to Rio Grande Sur and drill a new 500-metre hole at Demasía. The company has also applied to build commercial-scale evaporation ponds for its planned 5,000-tonne-per-year operation, although that approval remains outstanding.

Astral Resources has reported broad and high-grade gold intersections from two deep holes at Theia, including 22 metres at 2.73g/t and 2 metres at 12.8g/t. The results extend the evidence for mineralisation below the current resource shell, but any resource increase remains dependent on the six remaining holes and further interpretation.

Kaili Resources has reported a peak one-metre assay of 1,125.51 ppm total rare earth oxides from shallow aircore drilling at its Coodalya tenement in South Australia. The result adds to an emerging zone of elevated values, but the early-stage program has not yet established continuity, scale or economic significance.

Breakthrough Minerals has extended copper-gold mineralisation beyond the existing Turpentine resource model, with the northernmost hole returning 5 metres at 3.75% CuEq. A dedicated RC rig is due to resume drilling next week as the company tests how far the system continues.

Prescient Therapeutics has extended its Share Purchase Plan by three days after shareholders reported delays receiving application documents. The revised timetable places the offer’s results announcement just ahead of a planned briefing on the company’s PTX-100 development program.

JPMorgan Equity Premium Income ETF reported a sharp fall in operating profit as fair-value losses overwhelmed higher distribution income. The fund will also switch its underlying ETF from NYSE Arca to a London-listed vehicle, while keeping its stated investment objective and total management fees and costs unchanged.

Australian Rare Earths has extended its Overland carbonatite discovery roughly 5km south, with hole OV176 intersecting 130 metres of interpreted carbonatite and ending within the unit. The geological footprint now appears to track a 10km magnetic corridor, but assays will determine whether the system carries meaningful niobium and rare earth grades.