🕒 Tuesday 7 October 2025 Tue, 7 Oct 2025

Somerset Minerals reports promising initial assay results from its Coppermine Project in Nunavut, confirming extensive high-grade copper mineralisation and suggesting a growing system at depth.

Larvotto Resources has formalised a key contract to upgrade its Hillgrove processing plant, aiming to become a major antimony producer by late 2026. Early works are progressing, with commissioning set to unlock new production capacity.

Asian Battery Metals PLC’s latest Phase 3 drilling results at the Yambat Project in Mongolia reveal expanded copper-nickel mineralisation and new high-conductance electromagnetic targets, underscoring the district-scale potential of this emerging magmatic sulphide system.

Sarytogan Graphite Limited has reported strong high-grade graphite intersections from its latest drilling campaign in Kazakhstan, reinforcing its position as the world’s highest-grade graphite resource. These results underpin an upcoming resource and reserve upgrade feeding into the ongoing Definitive Feasibility Study.

Capricorn Metals has increased its offer to acquire Warriedar Resources, raising the share exchange ratio and securing unanimous board support. The revised terms enhance value for Warriedar shareholders ahead of upcoming votes.

Krakatoa Resources is rapidly advancing exploration at its Zopkhito Gold and Antimony Project in Georgia, with underground core sampling and a two-rig diamond drilling program targeting a maiden JORC-compliant resource. The project’s strategic location offers a rare European source of critical minerals amid global supply concerns.

Moho Resources has swiftly secured 18 prospecting licences at its Bush Chook Gold Project, setting the stage for maiden drilling by early 2026. The licences cover significant historical gold anomalies, promising a rapid exploration timeline.

Brazilian Critical Minerals Ltd advances permitting for its Ema rare earths project in Brazil, securing strong local government support and progressing key licence applications.

Regis Resources delivered gold production in line with guidance for the September quarter, boosting its cash and bullion reserves to $675 million. Investors await the full quarterly report for deeper insights.

Fortescue Ltd has initiated a US$600 million tender offer to repurchase select senior notes, aiming to streamline its debt profile and support sustainability financing efforts.

DevEx Resources has identified extensive multi-element uranium anomalies at its Murphy West Project in the Northern Territory, showing geochemical parallels to Queensland’s Junnagunna deposit. The company is advancing towards drilling in early 2026 to test these promising targets.

Summerset Group has achieved its highest-ever quarterly sales of occupation rights, driven by strong demand for care-related living options and steady growth beyond major cities.