Morning digest
ASX · ranked by expected move · 2026-11-02
Paterson Resources Ltd has commenced an 8,000m, 34-hole RC drilling campaign at its Grace Gold Project in Western Australia, aiming to extend known mineralisation and test down-dip continuity. A concurrent 1,200m diamond drilling program is underway to support a potential upgrade of the Inferred Mineral Resource. The company's largest drilling program to date is focused on gold mineralisation.
read Commences largest drilling program to date at the Grace Gold Project.
Alpha HPA Limited has commenced the progressive drawdown of funds from its $160 million commitment under the Critical Minerals Facility, managed by Export Finance Australia. These funds will be disbursed monthly to support Stage 2 HPA First Project costs. The company is also targeting a $160 million NAIF commitment drawdown in March quarter 2027.
must-read Commences drawdown of significant government debt funding for HPA First Project.
Medallion Metals Limited has reported final results from its 2026 infill drilling program at the Gem deposit, broadly confirming previous high-grade gold-copper intercepts within areas planned for early underground mining. These results enhance confidence in geological and lode interpretations, supporting detailed stope design and mine scheduling for the Ravensthorpe Gold Project.
must-read High-grade results confirm early mine plan areas at the Gem deposit.
Gold Hydrogen Limited has secured $4 million from Eric Sprott as part of a $7.9 million institutional placement, with funds allocated for the final design and procurement of Australia's first modular helium plant at the Ramsay Project in South Australia. This investment highlights the potential of the company's natural hydrogen and helium resources.
must-read Secures significant investment from Eric Sprott for helium plant development.
Solstice Minerals Limited has reported new shallow, high-grade copper-gold intercepts at its Nanadie Copper-Gold Project in Western Australia, confirming an expanding shallow high-grade zone with assays including 41m @ 2.79% Cu and 10m @ 9.40% Cu. A multi-rig drilling program is ongoing, with assays pending for numerous holes, aiming to materially expand the current Mineral Resource Estimate.
must-read Exceptional new shallow high-grade copper intercepts at Nanadie.
Gateway Mining Limited has four rigs drilling at its Yandal Project in Western Australia, including two RC rigs, one diamond rig, and one aircore rig. The first diamond rig has commenced drilling at Cowza, twinning the discovery hole, with a second diamond rig expected this week to target extensions at the Horse Well resource, while an aircore rig drills pipeline targets.
read Four drilling rigs now active at the Yandal Project.
Lotus Resources Limited has shipped its inaugural uranium ore concentrate from the Kayelekera site, comprising approximately 145,000 lbs of U3O8 in four containers bound for Orano CE Malvesi, France. This marks a significant step towards revenue generation and cash flow for the company, with subsequent shipments expected before year-end.
read First uranium concentrate shipment departs Kayelekera site.
Reedy Lagoon Corporation Limited is applying for the quotation of 332,500,000 ordinary fully paid securities, issued as part of a previously announced transaction at an issue price of AUD 0.00125000 per security. Further issues are subject to shareholder approval.
skip Applying for quotation of securities issued under a prior transaction.
Terrain Minerals Limited has been granted the 100% owned Wanarra Project (E59/3006) in Western Australia, located south of Vault Minerals' Rothsay Gold Mine and prospective for gold and lithium. Initial exploration will involve data reprocessing and rock chip sampling, applying geological understanding from the nearby Lightning Gold Deposit.
read Granted new tenement adjacent to Rothsay Gold Mine with gold and lithium potential.
Falcon Metals Ltd has received assay results for nine RC drill holes at the Olsen Well prospect within the Errabiddy Gold Project, Western Australia, with hole OWRC0007 returning 16 metres at 2.2 g/t gold from 8 metres. This intercept is located 240 metres east of a previous significant intercept, and the drilling program has been expanded to 7,500 metres.
read Second significant gold intercept reported at Olsen Well prospect.
89 releases · 10 featured · generated 11/1/2026, 10:41:42 PM