Today’s ASX drilling and exploration updates highlighted continued resource growth, funded development pathways and program advancement across silver, helium, uranium, gold and critical minerals projects globally.
Diablo Resources (ASX:DBO) acquired 80% of Horn Silver in Utah with a $3.5m raise, adding historical production and a funded drilling pathway; Unico Silver (ASX:USL) extended high grade silver mineralisation beyond the March 2026 resource at Joaquin, supporting resource growth across multiple zones; D3 Energy (ASX:D3E) added ER386, increasing combined 2C helium resources to 35.6 BCF across its Free State project area; GreenTech Metals (ASX:GRE) confirmed consistent PGE mineralisation at Ferguson Reef in Western Australia, validating data ahead of resource definition work; Moonlight Resources (ASX:ML8) extended near surface gold mineralisation at Leo Grande in Queensland through step out drilling, improving continuity along strike ; Premier1 Lithium (ASX:PLC) defined a new mineralised corridor at Yalgoo in Western Australia, opening additional strike potential beyond the existing resource area; American Uranium (ASX:AMU) commenced a 55 hole drilling program at Lo Herma in Wyoming, advancing resource upgrade and study progression; OD6 Metals (ASX:OD6) secured historical Quinn project data in Nevada, accelerating targeting and reducing cost toward maiden drilling; ADX Energy (ASX:ADX) intersected gas at HOCH 1 in Austria, supporting the seismic model and progressing toward completion decisions; Manhattan Gold (ASX:MHC) expanded Hook Lake tenure in Nunavut, increasing controlled ground ahead of drilling and airborne surveys.
Trading Halt Raising Capital: $ACR, $VAR
Runs on the Board: $WTM, $TR2, $ICR, $XEN
Selection Table: $ALA
Today’s Debutant: $KAO
Diablo Resources (ASX:DBO) Horn Silver Resets Diablo’s Utah Silver Scale | | |
Diablo Resources announced an 80% acquisition of the Horn Silver Project in Utah. The Play - Horn Silver acquisition adds 80% interest in a Utah silver project.
- Historical mine produced 17 Moz Ag and 30,000 oz Au.
- Rock sampling returned up to 1,310 g/t Ag and 0.2% Sb.
- Project covers 13.2km2 across 201 claims including 101 patented claims.
- Placement commitments raised $3.5 million to fund acquisition and drilling.
The Pitch - Horn Silver sits 15km from Star Range Silver Antimony Project.
- Project hosts carbonate replacement, breccia and skarn mineralisation styles.
- Mineralisation remains open at depth and along strike.
- Multiple IP anomalies align with known mineralisation and workings.
- Utah ranked 1st mining district in Fraser Institute 2023 survey.
The Next Overs - Commence drilling Horn Silver Mine extensions.
- Test IP anomalies at Gossan and Buckhorn.
- Drill Accrington and Imperial Cu Ag skarn targets.
Read full ASX Announcement here. | | |
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Unico Silver (ASX:USL) High grade drilling extends mineralisation beyond March 2026 resource | | |
Unico Silver announced assay results from 75 drill holes totalling 9563m at the Joaquin Project in Argentina. The Play - Returned 11.25m at 1301gpt AgEq Breccia Puntudo Quebrada Norte including 6.8m at 1934gpt from 127.4m
- Reported 23.5m at 266gpt AgEq La Morocha SE including 14.2m at 397gpt from 155m depth
- Intersected 29.4m at 152gpt AgEq La Negra SE step out drilling 250m beyond resource boundary
- Completed 75 drill holes for 9563m across Breccia Puntudo La Negra SE and La Morocha SE prospects
- Mineralisation extends beyond March 2026 Mineral Resource across multiple Joaquin prospects from current drilling
The Pitch - Joaquin Project located in Santa Cruz Argentina with 100% ownership across silver gold assets
- March 2026 Mineral Resource totals 167Moz AgEq defined within shallow oxide system
- Breccia Puntudo structure extends 3.5km hosting multiple high grade mineralised shoots
- La Negra SE and La Morocha SE mineralisation remains open along strike and depth
- Santa Cruz portfolio hosts approximately 330Moz AgEq across Joaquin and Cerro Leon
The Next Overs - Convert Breccia Puntudo Inferred resources to Indicated for Pre Feasibility Study inputs
- Expand La Negra SE and La Morocha SE mineral resources along strike and depth
- Conduct water exploration drilling to support processing infrastructure planning
Read full ASX Announcement here. | | |
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D3 Energy (ASX:D3E) ER386 Resets Free State Helium Scale | | |
D3 Energy announced independent certification of maiden ER386 resources in South Africa’s Free State Province. The Play - ER386 adds a 14.0 BCF 2C Recoverable Helium Resource.
- Combined 2C Recoverable Helium Resource increased to 35.6 BCF.
- Combined 2C helium resource increased 65% versus ER315 and PR016 standalone.
- Combined 2U Recoverable Helium Resource increased to 52.5 BCF.
- Combined 2U helium resource increased 94% versus ER315 and PR016 standalone.
The Pitch - D3 holds a 100% working interest in ER386.
- ER386 is contiguous with flagship ER315 in Free State Province.
- ER386 sits within the Virginia Fault structural corridor.
- D3 holds 479,409 acres across Free State Province.
- ER315 recorded helium concentrations of up to 8%.
The Next Overs - Advance ER386 through D3’s broader appraisal pipeline.
- Progress PR016 through Production Right assessment.
- Drill and test ER386 wells after approvals.
Read full ASX Announcement here. | | |
GreenTech Metals (ASX:GRE) All holes intersect mineralisation, thicker zones and high grades confirmed | | |
GreenTech Metals announced Phase 1 drilling results from Munni Munni confirming PGE Cu Ni mineralisation at Ferguson Reef. The Play - Intersected 12m @ 3.13 g/t PGE3 within Ferguson Reef mineralisation from 90m
- Returned up to 8.8 g/t PGE3 with 0.65% Cu and 0.35% Ni
- Completed 6 infill RC holes all intersecting mineralisation across Ferguson Reef
- Validated historic dataset through 6 twin holes confirming consistency with prior drilling results
- Resampled 16 historic holes confirming mineralisation across full depth range of Ferguson Reef
The Pitch - Munni Munni hosts PGE Cu Ni mineralisation across Ferguson Reef within layered mafic intrusion system
- Mineralisation includes platinum palladium rhodium gold copper and nickel within continuous reef structures
- Project located on granted mining leases within West Pilbara mining region Western Australia
- Historical resource estimate totals 23.6 Mt @ 2.9 g/t 4E defined from 328 drill holes
- Ferguson Reef represents a laterally continuous mineralised reef within the Munni Munni intrusion
The Next Overs - Complete JORC 2012 compliant Mineral Resource Estimate incorporating new drilling and resampling data
- Finalise QAQC validation work with Snowden Optiro using updated drilling dataset
- Advance metallurgical test work and NSR inputs for resource modelling completion in June 2026
Read full ASX Announcement here. | | |
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Moonlight Resources (ASX:ML8) Consistent Shallow Gold Extends Marda Resource Growth | | |
Moonlight Resources announced Phase 2 drilling results from Leo Grande reporting gold intersections at the Clermont Gold Project. The Play - Intersected 42m @ 1.01 g/t gold from 0m in south eastern drilling
- Returned 40m @ 1.31 g/t gold including 5m @ 3.40 g/t gold from 108m
- Extended mineralisation 200m south east towards Leo Grande South through step out drilling
- Extended mineralisation 250m north west with broad gold zones along strike
- Reported initial 22 Phase 2 RC holes intersecting gold mineralisation
The Pitch - Leo Grande hosts near surface gold mineralisation within the Leo Grande Shear Zone
- Mineralisation occurs within a mylonitic shear system with quartz veining and sulphide assemblages
- Clermont Gold Project located in Queensland within Anakie Inlier orogenic gold province
- Project covers 268 km2 with multiple drill targets across the broader mineralised corridor
- Phase 2 drilling comprises up to 70 holes for approximately 6000m
The Next Overs - Complete remaining Phase 2 drilling at Leo Grande with further assay batches pending
- Mobilise RC rig to Goldfinger Prospect for up to 2500m drilling programme
- Continue data review and field activities at MacDonnell Ranges Project in Q2 CY2026
Read full ASX Announcement here. | | |
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Premier1 Lithium (ASX:PLC) New VMS Corridor Unlocks Yalgoo Gold Trend | | |
Premier1 Lithium announced RC drilling results from the Yalgoo Gold Project in Western Australia. The Play - Carlisle defined a new VMS corridor outside the Wadgingarra resource footprint.
- 26GGRC012 returned 4m @ 1.88 g/t Au from 44m, including 1m @ 5.28 g/t Au.
- 26GGRC010 returned 14m @ 0.84 g/t Au from 42m.
- Carlisle mineralisation remains open along strike, at depth, north and south.
- Mt Kersey confirmed a hydrothermal system with gold and pathfinder anomalism.
The Pitch - Yalgoo spans 266km2 of gold mineralised tenements in Western Australia.
- Premier1 holds 100% ownership of the Yalgoo Gold Project.
- Wadgingarra hosts 150kt at 2.7g/t Au for 13koz.
- Carlisle sits beside the existing Wadgingarra resource area.
- Mt Kersey hosts a 1km gold pathfinder anomaly.
The Next Overs - Run EM/IP geophysics across Carlisle to target the interpreted VMS core.
- Drill Carlisle along strike and south where mineralisation remains open.
- Assess Mt Kersey data to test southern hydrothermal extensions.
Read full ASX Announcement here. | | |
American Uranium (ASX:AMU) 55 Holes Drive Lo Herma Study Pathway | | |
American Uranium announced drilling commenced at Lo Herma in Wyoming’s Powder River Basin. The Play - 55 hole drilling program commenced under Lo Herma’s approved 121 hole permit.
- Mine Unit 1 drilling targets resource upgrades within the study footprint.
- Mine Unit 2 drilling tests mineralised trends south of newly secured rights.
- Hydrogeological and metallurgical programs are underway in priority Mine Units.
- Drilling results will support a planned Q3 2026 resource update.
The Pitch - Lo Herma is AMU’s flagship ISR uranium project in Wyoming’s Powder River Basin.
- Approved permit allows up to 121 holes and 37,500m of drilling.
- 66 holes were completed before the current 55 hole campaign.
- Lo Herma contains 5.93Mt at 720ppm eU3O8 for 9.45Mlbs U3O8.
- Lo Herma includes Mine Unit 1, Mine Unit 2 and Mine Unit 3.
The Next Overs - Complete remaining 55 infill and expansion drill holes.
- Advance hydrogeological and metallurgical work in priority Mine Units.
- Target Q3 2026 resource update and Scoping Study.
Read full ASX Announcement here. | | |
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OD6 Metals (ASX:OD6) Union Carbide Data Resets Quinn Drill Pathway | | |
OD6 Metals announced acquisition of historical technical data for the Quinn Fluorspar Project in Nevada. The Play - Union Carbide dataset adds historical drilling, maps, logs and metallurgical testwork.
- Historical records define high grade fluorspar zones open along strike and depth.
- Dataset cost was nominal versus replacement cost exceeding A$1.0 million.
- Metallurgical data includes grinding and flotation work for upcoming preliminary testwork.
- Historical data review is underway before technical integration.
The Pitch - Quinn is located approximately 220km north of Las Vegas, Nevada.
- Mammoth and Horseshoe host fluorspar mineralisation above 40% CaF2.
- Wider project area contains reported historical rock chips up to 94% CaF2.
- United States imports 100% of domestic fluorspar demand.
- Fluorspar is listed as a US Critical Mineral.
The Next Overs - Digitise historical logs and cross sections into geological models.
- Collect surface samples to test historical reports.
- Identify drill targets and initiate maiden drilling permits.
Read full ASX Announcement here. | | |
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ADX Energy (ASX:ADX) Seismic Match Unlocks HOCH 1 Gas Upside | | |
ADX Energy announced gas filled sands at HOCH 1 in Upper Austria. The Play - HOCH 1 intersected gas filled sands at approximately 1350m.
- Gas interpretation is based on cuttings, mud logs and gas analysis.
- Reservoir intersections matched pre drill 3D seismic predictions.
- HOCH 1 will deepen to at least 1550m after further gas shows.
- HOCH 1 is the first of 3 permitted shallow gas wells.
The Pitch - ADX holds a 50% economic interest in HOCH 1.
- HOCH contains 8.0 BCF Mean Prospective Resource and 17.3 BCF High Case.
- Similar Hall wells recorded initial production rates up to 9 mmscf/d.
- HOCH 1 targets Miocene Hall formation shallow gas reservoirs.
- 2 additional gas prospects are permitted for drilling in 2026.
The Next Overs - Run wireline logs to confirm reservoir quality and gas saturation.
- Complete quick look analysis after wireline logging.
- Case and complete HOCH 1 if logging confirms drilling results.
Read full ASX Announcement here. | | |
Manhattan Gold Corporation (ASX:MHC) Expanded Agreement Resets Hook Lake Drill Footprint | | |
Manhattan Gold announced approval to expand its Hook Lake mineral exploration agreement in Nunavut. The Play - Hook Lake agreement adds 15km2 across Inuit owned parcels AR 16 and AR 25.
- Expanded area captures remaining Banded Iron Formation hosting shear zones and folding.
- Agreement grants 100% mineral interest across 338km2 of Inuit owned land.
- Total exploration rights increase to approximately 665km2 across Hook Lake.
- KIA approval expands existing community and regulatory support.
The Pitch - Hook Lake sits within the Rankin Ennadai Greenstone Belt in Nunavut.
- Hook Lake hosts Jaws, Omega and Spectre gold polymetallic prospects.
- Agreement covers Inuit owned parcels AR 16 and AR 25.
- Manhattan’s subsidiary 6106 Resources administers the agreement.
- Mineral exploration agreement runs for 20 years.
The Next Overs - Complete camp preparation and mobilisation activities.
- Commence RC drilling immediately after camp setup.
- Resume high resolution airborne magnetic survey within weeks.
Read full ASX Announcement here. | | |
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