The Day’s Play Edition 98: Discovery, resource growth and system-scale extensions | GRL, BPM, USL

The Day’s Play Edition 98: Discovery, resource growth and system-scale extensions | GRL, BPM, USL

June 22, 2026 Off By MarketOpen

THE COIN TOSS

GRL – Godolphin Resources discovered the new Cousin Jack sulphide system, intersecting three mineralised domains across more than 300m downhole south of Lewis Ponds.

BPM – BPM Minerals confirmed multiple new gold lodes across Beachcomber, with mineralisation intersected at all four RC drilling targets along the Yellow Dam Shear Zone.

USL – Unico Silver extended gold-silver mineralisation beyond the Joaquin Mineral Resource, with high-grade step-out drilling expanding La Morocha SE and La Negra SE.

RAP – Raptor Metals extended the Chester VMS system beyond the Central Zone, increasing confirmed mineralised strike length to more than 2.5km.

QML – QMines advanced Mount Mackenzie into Mineral Resource estimation, with North Knoll defined over 350m strike and remaining open at depth.

ODY – Odyssey Gold confirmed high-grade gold shoots beneath Bollard, supporting extensions beyond the current resource and historical pit.

TAR – Taruga Minerals secured granted tenure across the Weioko Gold District, clearing the path for drilling across the 8km-long gold system.

C1X – Cosmos Exploration secured Bolivian EPCM capability through a Master Services Agreement supporting engineering, logistics and future lithium project execution.

PNN – Power Minerals commenced a priority Morro do Ferro mineralogy program targeting higher-value magnet rare earth enrichment and cerium reduction pathways.

LSA – Lachlan Star confirmed high-grade gold shoots at New Waverley and expanded follow-up RC drilling to approximately 4,000m.

GA8 – GoldArc Resources refined geological models at Mt Stirling and Mt Stirling Well through its first multi-element analysis ahead of mining studies.

Godolphin Resources (ASX:GRL)

Maiden Hole Discovers New Multi-Lens Sulphide System

THE PLAY

  • Maiden drill hole discovered the new Cousin Jack sulphide system south of Lewis Ponds.

  • Three mineralised sulphide domains were intersected across more than 300m downhole.
  • Upper Domain returned 79m @ 1.3% ZnEq from 311m.
  • Lower Domain returned 104m @ 1.3% ZnEq from 527m.
  • Internal high-grade lodes returned up to 1.7m @ 13.1% ZnEq.

THE PITCH

  • Cousin Jack is located 350m south-east of the Lewis Ponds MRE.
  • Discovery hole tested a 1.6km long by 500m deep IP chargeability target.
  • Mineralisation comprises zinc, copper, lead, silver and minor gold.
  • Three sulphide domains were identified within the targeted IP anomaly.
  • Lewis Ponds hosts a JORC Resource of 17.52Mt containing gold, silver and base metals.

THE NEXT OVERS

  • GLPRCDD003 will be surveyed using downhole electromagnetics.
  • GLPRCDD004 assays remain pending from the same target area.
  • High-resolution drone magnetic surveys are planned across Cousin Jack.

Read full ASX Announcement here.

BPM Minerals (ASX:BPM)

Multiple Gold Lodes Confirm Expanding Beachcomber System

THE PLAY

  • Gold mineralisation intersected across all four Beachcomber targets tested by RC drilling.

  • Multiple new gold lodes identified across Beachcomber North-West, Central and Fault prospects.
  • Results confirm a broader Beachcomber gold system associated with the Yellow Dam Shear Zone.
  • Beachcomber Central returned 1m @ 85.61 g/t Au from 91m.
  • Beachcomber North-West returned 15m @ 1.40 g/t Au from 80m.

THE PITCH

  • Forelands Gold Project comprises approximately 630km² of consolidated tenure in WA.

  • Beachcomber forms part of the broader Forelands Gold Project landholding.
  • Yellow Dam Shear Zone extends for more than 75km across the project.
  • Recent drilling program comprised 46 RC holes for 7,426m.
  • Beachcomber targets were generated from coherent +100ppb Au soil anomalies.

THE NEXT OVERS

  • Exploration update for Bonnie & Clyde scheduled for July 2026.

  • Maiden Bonnie & Clyde RC drilling anticipated to commence in Q3 2026.
  • Company is prioritising Beachcomber targets ahead of further RC drilling.

Read full ASX Announcement here.

Unico Silver (ASX:USL)

Step-Out Drilling Extends Mineralisation Beyond Joaquin Resource

THE PLAY

  • Step-out drilling extended gold-silver mineralisation beyond the March 2026 MRE.
  • La Morocha SE returned the highest grade-thickness result reported to date.
  • JDD276-26 returned 52.3m at 378g/t AgEq including 8.5m at 1,813g/t AgEq.
  • La Negra SE drilling extended mineralisation 250m beyond the resource boundary.
  • La Negra SE and La Morocha SE remain open at depth and along strike.

THE PITCH

  • Joaquin hosts a March 2026 Mineral Resource of 167Moz AgEq.

  • La Negra SE is defined by drilling across approximately 900m strike.
  • La Morocha SE comprises a steeply plunging mineralised shoot open at depth.
  • Breccia Puntudo contains three discrete high-grade mineralised shoots.
  • The Joaquin Project is 100% owned and located in Santa Cruz, Argentina.

THE NEXT OVERS

  • Exploration drilling is scheduled to resume in Q3 2026.

  • La Negra SE will be targeted for further resource expansion drilling.
  • PFS workstreams continue across geotechnical, environmental and hydrological studies.

Read full ASX Announcement here.

The Day's Play Sponsor - Topdrill

Raptor Metals (ASX:RAP)

East Zone Drilling Extends Chester VMS Strike

THE PLAY

  • East Zone drilling confirmed mineralisation beyond the previously defined Central Zone.

  • Drilling extended the Chester VMS horizon strike to more than 2.5km.
  • CDH010 returned 11.75m @ 1.71% Cu including 3.1m @ 5.19% CuEq.
  • CDH006 returned 16.1m @ 1.96% CuEq from 6m.
  • Results validated multiple stacked mineralised horizons across the system.

THE PITCH

  • Chester hosts a Mineral Resource Estimate of 6.685Mt @ 1.07% Cu.

  • The deposit is interpreted as a stacked copper-rich VMS system.
  • Mineralisation comprises copper stringers, base metal zones and massive sulphide horizons.
  • Mineralisation has been confirmed across both the Central and East Zones.
  • Elevated zinc, lead, cobalt and silver occur alongside copper mineralisation.

THE NEXT OVERS

  • Assay results remain pending from the final 3 HQ drill holes.

  • Downhole electromagnetic survey data is expected imminently.
  • Metallurgical test work is underway using material from 3 PQ holes.

Read full ASX Announcement here.

QMines (ASX:QML)

North Knoll Advances Into Resource Definition Stage

THE PLAY

  • North Knoll mineralisation is defined over approximately 350m of strike.

  • Final drilling confirms North Knoll as the principal gold position drilled to date.
  • Deeper diamond drilling confirms mineralisation continues below the shallow RC envelope.
  • North Knoll West returned 24m @ 1.19g/t Au and 13.3g/t Ag from 71m.
  • Mineral Resource estimation work has commenced at Mount Mackenzie.

THE PITCH

  • Mount Mackenzie drilling comprised 73 holes for 9,798m.

  • Program tested North Knoll, North Knoll West, Southern Extension and Vein 355.
  • Approximately 8,700 assayed samples support geological interpretation and resource work.
  • North Knoll represents the most mature drilled area within the project.
  • Mount Mackenzie is interpreted as a high-sulphidation epithermal gold-silver system.

THE NEXT OVERS

  • Mineral Resource estimation work is underway for North Knoll Core.

  • Deeper diamond drilling is being planned at North Knoll West.
  • Oriented diamond drilling is planned at Vein 355.

Read full ASX Announcement here.

Odyssey Gold (ASX:ODY)

High-Grade Bollard Drilling Supports Resource Growth

THE PLAY

  • Drilling confirmed high-grade gold shoots beneath the Bollard historical pit.

  • Results support extensions beyond the current Bollard Mineral Resource.
  • CBRC0371 returned 5m @ 14.0g/t Au including 2m @ 32.7g/t Au.
  • CBRC0355 returned 6m @ 9.6g/t Au including 1m @ 40.9g/t Au.
  • Mineralisation remains open at depth and along strike toward Cable.

THE PITCH

  • Bollard forms part of the 2.3km Cable-Bollard-Highway mineralised corridor.

  • Bollard hosts a Mineral Resource of 0.68Mt @ 2.1g/t Au for 46koz.
  • The Tuckanarra Project hosts Mineral Resources of 5.14Mt @ 2.5g/t Au for 407koz.
  • Drilling targeted plunge extensions identified through geological modelling and EM surveys.
  • Gold mineralisation is concentrated within steep southwest-plunging high-grade shoots.

THE NEXT OVERS

  • Remaining assays are pending from Bollard and the 15,000m drilling program.

  • Follow-up drilling will target Cable, Bollard and other priority targets.
  • Scoping Study and updated resource modelling are continuing.

Read full ASX Announcement here.

Taruga Minerals (ASX:TAR)

Granted Tenure Clears Path To Weioko Drilling

THE PLAY

  • EL2830 and EL2831 were formally granted at the Weioko Gold District.

  • Granted tenure secures the Weioko Gold Deposit and key surrounding prospects.
  • Licence grants provide regulatory certainty for planned drilling activities.
  • Weioko has not been drill tested for more than 17 years.
  • The granted licences cover the core of the 8km-long gold district.

THE PITCH

  • Granted tenure totals 488km² across the East Normanby Gold Project.

  • Weioko is the central deposit within a broader gold district.
  • The district includes Lataona Hill, Sipupu and Wenasia prospects.
  • Historical drilling focused on shallow portions of the Weioko system.
  • Multiple historical drill holes finished in gold mineralisation.

THE NEXT OVERS

  • Drill site preparation and the initial Weioko drilling campaign will commence.

  • Geochemical, structural and geophysical datasets will be integrated for targeting.
  • Regional mapping, rock chip and stream sampling programs will continue.

Read full ASX Announcement here.

Cosmos Exploration (ASX:C1X)

Strategic EPCM Agreement Secures Bolivia Execution Capability

THE PLAY

  • EAU Lithium executed a Master Services Agreement with SEPCON.

  • Agreement secures engineering and technical services capability in Bolivia.
  • Scope includes pilot plant mobilisation, installation, transport and engineering studies.
  • SEPCON will provide multidisciplinary engineering, logistics and construction services.
  • Agreement supports activities under the existing VULSORB® technology licence.

THE PITCH

  • SEPCON is an EPC contractor operating across South America.

  • SEPCON maintains operations in Peru, Bolivia, Argentina and Ecuador.
  • Company has experience delivering mining, energy and infrastructure projects.
  • EAU Lithium maintains a strategic partnership with Vulcan Energy Resources.
  • Cosmos merged with EAU Lithium in May 2026.

THE NEXT OVERS

  • SEPCON will support engineering studies and project delivery activities.

  • Potential deployment of Pilot Plant 4 is planned in Bolivia later this year.
  • Company intends to execute a second critical Master Services Agreement.

Read full ASX Announcement here.

The Day's Play Sponsor -Pareto Capital

Power Minerals (ASX:PNN)

Mineralogy Program Targets Higher-Value Magnet Rare Earths

THE PLAY

  • Priority mineralogical characterisation program commenced at the Morro do Ferro project.

  • Previous studies identified bastnäsite and cerianite as distinct rare earth host minerals.
  • Bastnäsite mineralisation is weighted toward high-value magnet rare earth elements.
  • Approximately 40% of the non-cerium rare earth inventory comprises Nd, Pr, Tb, Dy and Ho.
  • Analysis identified elevated Nd-Pr, Tb and Dy oxide grades within the existing database.

THE PITCH

  • Morro do Ferro is located within the Poços de Caldas Alkaline Complex in Brazil.

  • Mineralogical work is assessing distribution of individual rare earth mineral species.
  • Bastnäsite hosts most high-value magnet rare earth elements within the deposit.
  • Cerium occurs predominantly within separate cerianite mineral phases.
  • Current diamond drilling is underway to expand geological and mineralogical understanding.

THE NEXT OVERS

  • Mineralogy results will be incorporated into future resource and metallurgical studies.

  • Environmental studies are commencing to support future project approvals.
  • Initial assays from the maiden Morro do Ferro drill program are expected in July 2026.

Read full ASX Announcement here.

Lachlan Star (ASX:LSA)

High-Grade Gold System Drives Expanded Drilling Program

THE PLAY

  • Maiden diamond drilling confirmed high-grade quartz vein-hosted gold shoots at New Waverley.

  • Results defined higher-grade mineralisation within a broader shear-hosted gold system.
  • NWDD008 returned 1.7m @ 4.27g/t Au including 0.95m @ 7.35g/t Au.
  • NWDD009 returned 1.4m @ 4.51g/t Au including 0.7m @ 7.73g/t Au.
  • Follow-up RC drilling was expanded to approximately 4,000m.

THE PITCH

  • Maiden diamond drilling program comprised 13 holes for 1,031m.

  • Mineralisation occurs within a shallow near-surface shear corridor.
  • Higher-grade shoots display a consistent north-westerly plunge orientation.
  • Mineralisation remains open in all directions across the drilled area.
  • Interpretation indicates potential strike continuity exceeding 800m.

THE NEXT OVERS

  • RC drilling is scheduled to commence in early July.

  • Aircore assay results from historical dump drilling are expected by late July.
  • Gravity and leach test work results are expected from dump material samples.

Read full ASX Announcement here.

GoldArc Resources (ASX:GA8)

Multi-Element Analysis Refines Mt Stirling Gold Systems

THE PLAY

  • Multi-element analysis defined distinct trace-element signatures across both gold deposits.

  • Gold at Mt Stirling consistently associates with arsenic, antimony and tungsten.
  • Gold at Mt Stirling Well associates with silver, bismuth and molybdenum.
  • Analysis confirms trace-element signatures within previously reported high-grade gold intercepts.
  • Results refine understanding of host-rock chemistry and alteration across both systems.

THE PITCH

  • Four PQ diamond holes were analysed for a suite of 59 elements.

  • Program targeted core mineralised zones at Mt Stirling and Mt Stirling Well.
  • Mt Stirling mineralisation is hosted within the Hydra Fault deformation corridor.
  • Mt Stirling Well mineralisation occurs within quartz veins hosted by tonalite.
  • Program was completed in partnership with BML Ventures.

THE NEXT OVERS

  • Metallurgical baseline test work targeted for completion within approximately 4 weeks.

  • Selective re-assay planned for arsenic, antimony and tungsten at Mt Stirling.
  • Mining implementation plan to be finalised following metallurgical test work.

Read full ASX Announcement here.

 

 

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CategoryThe Day's Play