The Day's Play | July 10 | Project funding, gold growth and uranium expansion
The Day's Play by Market Open — daily ASX announcement breakdown with Richie B.
In today's episode Richie B covers eleven material ASX announcements across resources, mining, biotech and a trading halt.
Cavalier Resources (CVR) secures binding financing for the Crawford Gold Project, combining a US$13 million gold prepayment facility from Javelin and a A$5 million gold loan from Ottomin, totalling approximately A$23 million in project debt.
Great Divide Mining (GDM) confirms gold mineralisation across 730 metres of strike at the Banshee Prospect in Queensland, with Dart Mining completing the drilling required for its 45 percent earn-in and a maiden JORC resource estimate now in preparation.
American Uranium (AMU) reports uranium continuity confirmed at Lo Herma in Wyoming, with 21 of 50 drill holes returning mineralisation above cut-off. A resource update and scoping study are both targeted for Q3 2026.
Matsa Resources (MAT) delivers high-grade gold results from the first diamond drill holes at Fortitude North, including 15.2 metres at 2.93 grams per tonne gold, immediately along strike from a 489,000 ounce deposit within a 13.5 kilometre gold system.
Krakatoa Resources (KTA) reports multiple visual antimony zones from initial drilling at Zopkhito in Georgia, with lab assays pending and underground bulk sampling set to commence shortly.
Noronex (NRX) completes integrated interpretation of its Kalahari Copper Belt drilling and geophysics program, with South32 continuing to support earn-in agreements and a new 3,000 metre drill program planned for late 2026.
Iceni Gold (ICL) expands the Guyer West gold geochemical footprint to 1.6 kilometres of strike at the 14 Mile Well Gold Project, with infill drilling scheduled for the September quarter.
Bison Resources (BSR) identifies a 1.5 kilometre arsenic-antimony surface anomaly at Bald Peaks in Nevada's Carlin Trend, with systematic soil sampling and geophysics ahead of drill testing.
eMetals (EMT) returns high-grade tungsten channel sample results from the historic Garnet Mine in Utah, with a drill program being refined for the current quarter.
Cazaly Resources (CAZ) commences earthworks ahead of maiden aircore drilling at the Hastings gold prospect near Kalgoorlie, following up a historical 38 metre at 3.1 grams per tonne gold intercept.
Entropy Neurodynamics (ENP) is granted an Australian patent for proprietary psilocin crystalline forms, providing composition-of-matter protection until 2043.
Trading halt: AKN (Auking Mining).