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Xstate Resources ended September with A$676,000 in cash and an estimated 0.97 quarters of funding based on historical outgoings. The company says lower future activity, A$300,000 of receivables and potential equity funding should support operations while Diona-1 flow testing remains under review.

MA Financial delivered strong third-quarter growth across lending, asset management and advisory, while warning that residential property credit conditions have forced a temporary redemption suspension. The group still expects underlying FY26 EPS to be materially higher than FY25.

Star Minerals has completed mining to 445mRL at Tumblegum South, with mineralised material stockpiled and awaiting transport to the mill. The next test is whether drilling, processing and a cash balance covering an estimated 2.09 quarters can carry the project into production.

Trek Metals has confirmed a shallow, high-grade manganese discovery at Kuro in Western Australia, with 38 of 72 Phase 1 holes returning significant intercepts. Follow-up drilling is complete, while the company has also secured an option over a second manganese project in Arizona.

Silver Mines has begun its first modern drilling program at the Kramer Hills gold project in California, targeting shallow oxide mineralisation and possible deeper sulphide zones. The 22-hole campaign will test a conceptual exploration target of up to 445,000 ounces, but the project remains well short of a JORC Mineral Resource.

Beach Energy delivered its strongest quarterly revenue result on record, with sales rising 41% to A$565 million as production increased 9% to 5.4 MMboe. Waitsia reliability improved, offshore abandonment work was completed and FY27 guidance remained unchanged.

Sabre Resources has completed its maiden 4,362-metre drilling program at Kurundi North, where surface sampling identified copper, bismuth, silver, zinc and lead associated with ironstone. The key test now moves to the laboratory, with 1,048 drill samples awaiting results expected in four to five weeks.

ACDC Metals has moved Mount Jackson from target generation towards field execution, with BLM approval now in hand for a 15-hole program and up to 2,500 metres of RC drilling. The company ended September with $2.744 million in cash after raising $976,000 from an entitlement offer shortfall.

Kali Metals has expanded its Marble Bar gold pipeline after reporting shallow high-grade drilling and nine additional targets identified after quarter end. The explorer also ended September with $5.242 million in cash and a binding agreement for up to $700,000 of JX Advanced Metals-funded exploration in the Southern Lachlan Fold Belt.

Aureka is approaching a decisive shareholder vote on its proposed acquisition of the Fiddlers Creek mine and Wedderburn mill, after raising $7.25 million and ending September with $6.993 million in cash. Exploration results at Irvine and Comstock add further upside, but the company’s transition from explorer to producer is not yet complete.

Boresight Ltd (ASX: BST) used its first quarter after listing to build inventory, expand its US manufacturing footprint and prepare for a larger military order, despite unaudited revenue of about A$829,000. Cash stood at A$5.39 million with no debt after operating outflows of A$2.28 million.

Oceana Metals has completed its acquisition of the Serra Negra rare earths and niobium project in Brazil, turning an exploration proposal into its central operating asset. Four diamond rigs are now drilling toward a maiden JORC resource, although two mining-right amendments and part of the transaction consideration remain unresolved.