🕒 Wednesday 23 September 2026 Wed, 23 Sept 2026

Enova Mining has increased its unbrokered placement to $2 million after securing an additional $500,000 in binding commitments. The expanded raising will fund exploration and project work, but most of the 2 billion new shares still requires shareholder approval.

Critica has produced high-purity mixed rare earth oxide and iron concentrate samples from its Jupiter project, giving potential counterparties physical products to evaluate. The milestone follows flowsheet improvements including stronger recovery, higher concentrate grades and lower sulphuric acid consumption, but commercial specifications and project economics remain unresolved.

Talonx Resources Limited (ASX:TXR) is positioning its portfolio around two distinct exploration propositions: a near-term maiden resource pathway at Viking’s Beaker 2 prospect and district-scale copper potential at Kihabe in Botswana. The September investor presentation largely repackages previously reported results, rather than announcing a new discovery or resource upgrade.

Cosmo Metals has contracted Durock Drilling for up to 2,200 metres of maiden reverse-circulation drilling at the Mona prospect in New South Wales. The campaign will test whether exceptional copper, gold and silver grades from historic mine dumps reflect mineralisation continuing beneath the old workings.

Basin Energy has begun preliminary leachability and XRD studies at its Newmans rare earth discovery, with follow-up drilling assays due imminently. The early-stage program adds a recoverability test to a project already showing a 3.3 km mineralised corridor in northwest Queensland.

Horizon Gold’s annual report presents Gum Creek as a potential 880,000-ounce gold operation, but flags a material uncertainty over its ability to continue without further funding. The company is targeting a Final Investment Decision in Q2 2027 and first gold in the second half of 2028.

GreenTech Metals has turned a year of drilling, acquisitions and capital raising into a much larger West Pilbara exploration portfolio. The opportunity is growing, but the annual report also flags a material uncertainty over future funding as the company pursues Munni Munni and Whundo.