The Day's Play Edition 119: Copper system confirmed, mining approvals secured, Tritton Resources surge | TTM, EVG, AIS
THE COIN TOSS
TTM - Titan Minerals confirmed a 1km strike and 1km deep porphyry copper system as Hanrine completed its US$20 million earn-in to secure a 51% interest in Linderos.
EVG - Evion Group secured Mining Permits across the Maniry Graphite Project, establishing long-term mining tenure across all DFS project areas.
AIS - Aeris Resources increased Tritton Mineral Resources 70% and Ore Reserves more than fourfold through acquisitions, maiden Ore Reserves and resource growth.
TM1 - Terra Metals confirmed a continuous 448m PGE-Cu-Ni mineralised interval, validating the Southwest Main Sulfide Corridor beyond the existing Dante Mineral Resource.
ASL - Andean Silver identified a new 2km breccia-hosted silver-gold prospect outside its 136Moz AgEq Mineral Resource with surface assays up to 62,663g/t AgEq.
GG8 - Gorilla Gold Mines discovered a new high-grade gold position at Vince, returning 2.1m @ 55.4g/t Au from a previously untested target.
PR1 - Pure Resources confirmed heavy rare earth elements were recovered into solution from Garnet Hills garnet in proof-of-concept laboratory testwork with Oak Ridge National Laboratory.
KM1 - Kali Metals identified 4 new high-grade gold prospects at Marble Bar with rock-chip assays returning up to 53.1g/t Au.
CTN - Catalina Resources identified a high-grade tungsten-bearing zone at Santy Well from historical drilling and rock-chip results.
MHC - Manhattan Gold Corporation confirmed high-grade gold mineralisation at the never-drilled Vanquish prospect with first-pass sampling returning assays up to 20.0g/t Au.
DBO - Diablo Resources extended the South Star silver-antimony soil anomaly beyond 3,000m and defined a new 400m copper-in-soil anomaly at East Star.
Titan Minerals (ASX:TTM)
Massive Porphyry Copper System Confirmed Over 1km
The Play
Drilling confirmed a 1km strike and 1km deep porphyry copper system.
DHCR-15 returned 700.4m @ 0.36% Cu Eq including 20m @ 0.82% Cu Eq.
DHCR-14 returned 302.3m @ 0.32% Cu Eq including 102.3m @ 0.37% Cu Eq.
Higher-grade copper mineralisation is associated with potassic altered diorite porphyry.
Hanrine earned a 51% interest after completing the US$20 million earn-in commitment.
The Pitch
Linderos is operated under a Joint Venture and Earn-in Agreement with Hanrine.
Titan retains a 49% interest and is free-carried until Milestone 4.
Copper Ridge hosts a porphyry copper system extending from surface.
Copper Ridge and Meseta have been tested by 45 diamond drill holes.
Hanrine has completed 18 diamond drill holes for approximately 17,800m.
The Next Overs
Three extensional drill targets have been identified at the Copper Ridge prospect.
Hanrine is analysing drilling and surface geochemical information collected across the project.
Two drillholes are planned at the South Target, one at the NE Target, and two at the NW Target.
Read full ASX Announcement here.
Evion Group (ASX:EVG)
Mining Permits Granted for Maniry Graphite Project
The Play
Mining Permits were granted across the Maniry Graphite Project in Madagascar.
The permits convert the remaining exploration permits and secure tenure across all DFS project areas.
Maniry is the first critical minerals project granted Mining Permits under Madagascar's new Mining Code.
The Mining Permits have been granted and registered with Madagascar's Bureau du Cadastre Minier.
The grant establishes long-term mining tenure across the Maniry Project.
The Pitch
Maniry is a graphite project in southern Madagascar.
Evion owns 100% of the Maniry Project tenements.
The 2022 DFS outlines a 21-year mine life with a pre-tax NPV of US$263 million.
Maniry is the European Union's only endorsed graphite supplier from Africa.
Evion operates the Panthera expandable graphite joint venture in India.
The Next Overs
Formal issue of the government decree is scheduled this week.
Financing and offtake discussions will continue following the permit grant.
The Company will satisfy the remaining customary regulatory requirements under the Mining Code.
Read full ASX Announcement here.
Aeris Resources (ASX:AIS)
Tritton Mineral Resources Increase 70%
The Play
Tritton Mineral Resources increased 70% to 33Mt containing approximately 540kt copper.
Tritton Ore Reserves increased more than fourfold to 10Mt containing approximately 180kt copper.
Mallee Bull and Wirlong added approximately 200kt of contained copper to the Mineral Resource.
Maiden Ore Reserves were declared at Constellation Underground and Mallee Bull.
Exploration and resource definition drilling increased Mineral Resources at Avoca Tank and Budgerygar.
The Pitch
Tritton Operations comprise 33Mt @ 1.7% Cu, 0.32g/t Au and 9g/t Ag.
Ore Reserves total 10Mt @ 1.7% Cu, 0.38g/t Au and 10g/t Ag.
The operation is 100% owned by Aeris Resources.
Mineral Resources are reported inclusive of Ore Reserves.
The Mineral Resource includes the Mallee Bull and Wirlong deposits.
The Next Overs
A revised Life of Mine plan and Production Target will be released in H1 FY27.
Resource definition drilling will continue at Constellation.
Approximately 85,000m of underground drilling is planned across the Tritton Operations.
Read full ASX Announcement here.
Terra Metals (ASX:TM1)
448m Continuous Mineralised Interval Confirms Southwest System
The Play
Diamond tail assays confirmed 448m of continuous PGE-Cu-Ni mineralisation.
SWRD051 returned 448m @ 0.87g/t PGE3 and 0.15% Ni from 102m.
SWRD052 returned 370m @ 0.90g/t PGE3 and 0.17% Ni from 170m.
Southwest lies outside the existing 148Mt Dante Mineral Resource.
Drilling has defined the Southwest Main Sulfide Corridor over more than 950m of strike.
The Pitch
Southwest is located within the Jameson Layered Intrusion at the Dante Project.
The corridor extends approximately 700m across strike and at least 750m down dip from surface.
Mineralisation is hosted within a newly recognised ultramafic package between the SW5 and SW6 discovery zones.
The Southwest Main Sulfide Corridor remains open along strike and at depth.
Terra Metals holds 100% of the Dante Project tenure.
The Next Overs
Diamond drilling will target extensions to the mineralised ultramafic package.
Assays from diamond tails drilled to depths of up to 918m are pending.
Ground EM, Downhole EM and Downhole Televiewer programs will continue.
Read full ASX Announcement here.
Andean Silver (ASX:ASL)
New 2km Silver-Gold Prospect Identified Outside Resource
The Play
A new breccia-hosted silver-gold prospect was identified over a 2km strike length.
Surface rock-chip sampling returned up to 62,663g/t AgEq, including 25,047g/t Ag and 453.2g/t Au.
Mineralised breccia zones returned observed widths of up to 18m.
The Juanita Prospect lies outside the existing 136Moz AgEq Mineral Resource.
Historic drilling included 17.1m @ 194g/t AgEq, including 3.3m @ 897g/t AgEq.
The Pitch
Juanita forms part of the Cerro Bayo Silver-Gold Project in Chile.
The prospect is approximately 6km east of the Laguna Verde processing facility.
The prospect is hosted within a NNW to NS-trending structural zone.
Silver-gold breccias and veins occur along the structural corridor.
Andean Silver owns 100% of the Cerro Bayo Silver-Gold Project.
The Next Overs
Geological mapping and sawn channel sampling will continue along the 2km Juanita trend.
Drill testing will follow geological mapping and sawn channel sampling.
Mapping and systematic sawn channel sampling will continue across the southern silicified ridge.
Read full ASX Announcement here.
Gorilla Gold Mines (ASX:GG8)
New High-Grade Gold Discovery at Vince
The Play
Drilling discovered a new high-grade gold position at the Vince Prospect.
VIVEX012 returned 2.1m @ 55.4g/t Au from 226.9m at the previously untested target.
VIVEX016 returned 4.1m @ 5.3g/t Au and VIVEX015 returned 7.1m @ 2.0g/t Au at the Val Prospect.
Multiple gold-bearing quartz veins and an off-hole DHEM conductor were identified at Vince.
An agreement was executed to commence underground mine de-watering in the coming weeks.
The Pitch
Vivien is a 100%-owned gold project near Leinster in Western Australia.
The project hosts a Mineral Resource of 278,000oz @ 4.2g/t Au.
The Vince Prospect is approximately 400m north of the Vivien Main underground mine.
The Val Prospect is located within 70m of underground development.
The underground mine is fully permitted.
The Next Overs
Underground mine de-watering will commence in the coming weeks.
Priority follow-up drilling at Vince is scheduled for August 2026.
DHEM surveying of existing drill holes will continue.
Read full ASX Announcement here.
Pure Resources (ASX:PR1)
Heavy Rare Earth Recovery Confirmed in ORNL Testwork
The Play
Proof-of-concept laboratory testwork recovered rare earth elements into solution from Garnet Hills garnet.
Laboratory testwork confirmed heavy rare earth elements were recovered into solution.
The recovery method is protected as confidential intellectual property ahead of a prospective patent filing.
Results are qualitative only, with no rare earth grades or quantified recovery reported.
The next phase will quantify rare earth recovery.
The Pitch
Garnet Hills is a 100%-owned graphite and garnet project in Western Australia.
The testwork forms part of a strategic partnership with Oak Ridge National Laboratory.
Representative garnet concentrate samples were processed using a method developed under the partnership.
The processing method remains confidential pending a prospective patent filing and licensing pathway.
The reported results relate to laboratory-scale proof-of-concept testwork.
The Next Overs
Expanded laboratory testwork will quantify and optimise rare earth recovery.
The intellectual property position will progress towards a prospective patent filing.
Commercialisation and licensing of the technology will progress.
Read full ASX Announcement here.
Kali Metals (ASX:KM1)
Four New High-Grade Gold Prospects Identified
The Play
Four new gold prospects were identified at the Marble Bar Project.
Stug returned rock-chip assays of up to 53.1g/t Au from surface sampling.
Vickers returned rock-chip assays of up to 5.8g/t Au.
1,215 soil samples defined gold-in-soil anomalies of up to 0.434g/t Au.
A 6.5km gold-in-soil anomaly was identified on tenement E45/6430.
The Pitch
Marble Bar covers 118km² in the eastern Pilbara region of Western Australia.
The project geology is dominated by the Mount Edgar Granitic Complex.
The new prospects are Stug, Vickers, Pershing and Chiha.
Additional rock-chip sampling strengthened Sherman, Churchill and Tiger 2.
An additional 12km² of 2cm-resolution drone imagery has been acquired.
The Next Overs
Final diamond and reverse circulation drilling results are expected in 3–4 weeks.
Geological mapping will continue at Stug, Vickers, Pershing and Chiha.
Reconnaissance mapping and rock-chip sampling will target gold-in-soil anomalies, particularly on E45/6430.
Read full ASX Announcement here.
Catalina Resources (ASX:CTN)
Historical Review Identifies High-Grade Tungsten Zone
The Play
Historical data review identified a tungsten-bearing mineralised zone at Santy Well.
Historical rock-chip sampling returned up to 60.1% W (75.8% WO₃ equivalent).
Historical RC drilling returned 17m @ 0.178% WO₃ from 79m, including 4m @ 0.367% WO₃.
Historical RC drilling also returned 6m @ 0.200% WO₃ from 6m and 3m @ 0.154% WO₃.
A reconnaissance program collected 24 rock-chip samples for laboratory analysis.
The Pitch
Santy Well forms part of the Tallering Project in Western Australia's Murchison region.
The tungsten mineralisation is associated with a broader polymetallic system.
Historical exploration focused primarily on gold and base metals.
Previous explorers completed drilling, surface sampling and geological mapping.
The geological review is based on historical drilling, surface sampling and technical reports.
The Next Overs
Rock-chip assay results are expected by the end of the quarter.
The historical exploration dataset will undergo detailed technical review and interpretation.
Historical drilling, mapping, geochemistry and new field data will be integrated to refine priority tungsten targets.
Read full ASX Announcement here.
Manhattan Gold Corporation (ASX:MHC)
New High-Grade Gold Prospect Confirmed at Vanquish
The Play
First-pass sampling confirmed high-grade gold mineralisation across 131m of strike at Vanquish.
Grab sampling returned assays of up to 20.0g/t Au.
Channel sampling returned up to 18.55g/t Au over 0.3m and 15.45g/t Au over 0.4m.
Gold mineralisation was confirmed at a never-drilled prospect.
Sampling covered a small portion of the newly acquired Vanquish claims.
The Pitch
Vanquish forms part of the Hook Lake Project in Nunavut, Canada.
The prospect is located approximately 80km west of the Jaws target.
Vanquish was acquired through mineral claim staking in April 2026.
Historic surface trenching returned 5.75g/t Au over 1.5m.
The Main Zone is open along strike beneath cover.
The Next Overs
High-resolution magnetic and LiDAR datasets will be integrated with the new sampling results.
The datasets will refine structural controls and prioritise first-pass drill targets.
First assay results from the maiden RC drilling program at Jaws are expected in the coming weeks.
Read full ASX Announcement here.
Diablo Resources (ASX:DBO)
South Star Ag-Sb Anomaly Extends Beyond 3,000m
The Play
South Star Ag-Sb soil anomaly extended approximately 1,400m to more than 3,000m.
First-pass soil sampling defined a coherent 400m copper-in-soil anomaly at East Star.
The East Star anomaly is associated with historical workings and rock-chip grades up to 7.39% Cu.
Results broadened the exploration pipeline beyond North Star.
Diablo completed a $3.5 million placement to fund exploration across its Utah portfolio.
The Pitch
Star Range is a silver-antimony-copper project in southwestern Utah, USA.
Diablo owns 100% of the Star Range Project.
The project includes the North Star, South Star and East Star prospects.
The project is located approximately 6km west of Milford in Beaver County.
The Horn Silver acquisition is progressing under the terms of a binding agreement for an 80% interest.
The Next Overs
Maiden diamond drilling at North Star is scheduled to commence in the coming weeks.
Additional infill and extensional soil sampling will refine South Star and East Star anomalies.
Geological mapping and rock sampling will support drill target planning.