The Day's Play Edition 124: Copper continuity confirmed, Aquila system validated, uranium trend extends | WCN, TNC, AGE
THE COIN TOSS
WCN – White Cliff Minerals confirmed broad high-grade copper continuity with its first diamond drill hole, returning 50.9m @ 2.81% Cu and validating the current geological interpretation.
TNC – True North Copper confirmed the Aquila geological model through its first diamond drill hole, intersecting a broad copper-cobalt-silver system with well-developed higher-grade zones.
AGE – Alligator Energy extended Blackbush uranium mineralisation 600m south onto the Mullaquana Crown Lease through new drilling.
LM8 – Lunnon Metals increased the Hustler Mineral Resource by 20% in contained gold to 36,200oz following recent exploration and infill drilling.
ILT – Iltani Resources returned multiple high-grade silver-lead-zinc-indium intercepts at Orient East, highlighted by 28m @ 95g/t Ag, including 14m @ 176g/t Ag.
PR1 – Pure Resources validated the Garnet Hills garnet product against ISO 11126-10:2017 abrasive standards as metallurgical testwork advanced.
AOK – Australian Oil Company restored Emu Apple-1 to pre-intervention operating rates following successful acidisation as Surat Basin restart activities progressed.
FRB – Firebird Metals demonstrated proprietary LMR cathode performance comparable to a commercial reference through independent electrochemical testing.
NGX – NGX returned high-grade shallow rutile intercepts at the Msinja Prospect, with 16 of 19 maiden auger holes intersecting mineralisation from surface.
DVL – dorsaVi commercially launched Sensor v6.5, its first Physical AI sensor delivering real-time on-device movement analysis and biofeedback without cloud connectivity.
AWJ – Auric Mining commenced drilling at the Munda Gold Mine targeting resource extension, Ore Reserve estimation and grade control.
White Cliff Minerals (ASX:WCN)
Diamond Core Confirms Extensive High-Grade Copper Continuity
The Play
First diamond drill hole returned 50.9m @ 2.81% Cu from 39.7m, including higher-grade intervals.
Assays validated the current geological interpretation and mineralisation continuity.
Diamond drilling confirmed broad high-grade copper mineralisation previously intersected by RC drilling.
Orientated diamond core established the first structural framework at Danvers 1.
Bornite and chalcocite dominate high-grade intervals within the principal chlorite-altered breccia.
The Pitch
Danvers 1 is part of the Rae Copper Project.
Mineralisation is hosted within a strongly chlorite-altered chaotic breccia.
Copper sulphides occur as disseminations, veinlets, breccia cement and quartz-carbonate veining.
Copper grades extend into basalt on both sides of the mineralised structure.
The first Danvers 1 diamond drill hole reached 198m.
The Next Overs
Diamond drilling is continuing step-out drilling from high-grade mineralised zones.
Multiple diamond assays remain pending, including step-out holes testing high-grade mineralisation.
Geological and structural interpretation is increasingly defining the highest-grade mineralisation.
Read full ASX Announcement here.
True North Copper (ASX:TNC)
Diamond Drilling Confirms Broad Copper System Continuity
The Play
First three diamond holes confirmed a broad copper-cobalt-silver mineralised system at Aquila.
Diamond drilling validated the Aquila geological model with well-developed higher-grade zones.
35m @ 0.82% Cu, 0.04% Co and 3.4g/t Ag from 32m included 4m @ 4.08% Cu.
32m @ 0.70% Cu, 0.06% Co and 7.2g/t Ag from 181m extended the Acanthis trend by 250m to approximately 500m strike.
36m @ 0.34% Cu, 0.09% Co and 1.5g/t Ag from 136m confirmed the eastern extent of the Aquila system.
The Pitch
Aquila is part of the Mt Oxide Project.
The project is centred on the Vero Resource and Aquila Copper-Cobalt-Silver Discovery.
Drilling and geophysics have defined approximately 1.8km of interpreted strike.
The Aquila Zone comprises a broad hydrothermal copper-cobalt-silver mineralised system.
The system remains open along strike and at depth.
The Next Overs
Further assay results are expected from Aquila, Aquila North, Apollo and Acanthis.
Drilling will continue expanding the Aquila system and testing extensions.
Technical studies, metallurgy and geological modelling will progress.
Read full ASX Announcement here.
Alligator Energy (ASX:AGE)
Blackbush Uranium Trend Extends 600m South
The Play
Blackbush drilling extended uranium mineralisation 600m south onto the Mullaquana Crown Lease.
New drilling intersected uranium mineralisation beyond the known Blackbush deposit.
Key intersections included 5.0m @ 0.13% eU₃O₈ and 2.4m @ 0.20% eU₃O₈.
Infill drilling commenced at Plumbush to support Inferred Resource conversion.
A further 108 delineation holes were consistent with the current Blackbush Mineral Resource model.
The Pitch
Blackbush and Plumbush form the Samphire Uranium Project.
The Blackbush-Plumbush corridor extends approximately 5km.
Plumbush hosts an Inferred Mineral Resource.
Blackbush delineation drilling is conducted on a 25m x 25m grid.
The Mullaquana Crown Lease forms part of the Samphire growth program.
The Next Overs
Drilling will continue through late Q4 2026 with two drill rigs.
Drilling will support a planned Mineral Resource update in Q1/Q2 2027.
The Samphire Feasibility Study, mine planning and approvals will continue.
Read full ASX Announcement here.
Lunnon Metals (ASX:LM8)
Hustler Gold Resource Increases 20%
The Play
Hustler Mineral Resource increased 20% in contained gold and 21% in tonnes.
Updated Resource totals 826,000t @ 1.4g/t Au for 36,200oz.
Resource growth followed recent exploration, follow-up and infill drilling.
Lady Herial Mineral Resource reduced to 651,000t @ 2.1g/t Au after mining depletion.
Lady Herial Ore Reserve totals 82,700t @ 2.1g/t Au for 5,600oz.
The Pitch
Hustler and Lady Herial are gold deposits within the Kambalda Gold & Nickel Project.
Group gold Mineral Resource totals 1.48Mt @ 1.7g/t Au for 79,300oz.
Hustler comprises 171,000t Indicated and 655,000t Inferred Mineral Resources.
Lady Herial is currently being mined under an Ore Purchase Agreement with SIGM.
Hustler is located approximately 400m southeast of the Lady Herial open pit.
The Next Overs
Technical and financial analysis will continue to optimise the Hustler Mineral Resource.
The Company will assess a potential Hustler open pit with any second stage of Lady Herial mining.
Permitting will continue for the Hustler and Lady Herial development opportunities.
Read full ASX Announcement here.
Iltani Resources (ASX:ILT)
High-Grade Silver Returned at Orient East
The Play
Orient East drilling returned multiple high-grade silver-lead-zinc-indium intercepts.
ORR164 intersected 28m @ 95g/t Ag, including 14m @ 176g/t Ag.
ORR164 also intersected 30m @ 38g/t Ag, including 4m @ 131g/t Ag.
ORR166 returned 20m @ 51g/t Ag, including 4m @ 197g/t Ag.
81 of the planned 110 RC holes have been completed at Orient.
The Pitch
Orient is Australia's largest known silver-indium deposit.
The Orient Project Mineral Resource totals 62.5Mt @ 81.5g/t Ag Eq.
Orient East hosts 19.8Mt @ 98g/t Ag Eq.
Orient West hosts 42.7Mt @ 73.8g/t Ag Eq.
The project forms part of the wholly owned Herberton Project.
The Next Overs
Drilling will continue at Orient East to test eastern and down-dip extensions.
Further assay results remain pending from the ongoing drilling program.
Diamond drilling will generate PQ core for additional TOMRA ore-sorting test work.
Read full ASX Announcement here.
Pure Resources (ASX:PR1)
Independent Testing Validates Garnet Product Quality
The Play
Independent testing validated the garnet product against ISO 11126-10:2017 abrasive standards.
Testing confirmed the product meets minimum hardness requirements and is below market specifications for conductivity and soluble chloride.
Qualitative testwork indicated magnetic and gravity separation reduced free and locked silica.
SELFRAG testwork produced initial visual evidence of significant garnet liberation.
Metallurgical testwork advanced the garnet stream of the Defence Materials Platform Strategy.
The Pitch
Garnet Hills is a 100% owned project on Mining Lease ML80/416 in Western Australia.
Testwork used representative material from a geologically controlled bulk sampling program.
The metallurgical program supports the premium andradite garnet stream under the NAVSEA qualification pathway.
The program includes independent laboratories in Australia and Malaysia and Curtin University.
The Garnet Hills product is being assessed against international abrasive standards.
The Next Overs
Quantitative metallurgical results will be reported after review.
Surface profile testing of the garnet product will commence.
Planning for processing of a further bulk sample will commence.
Read full ASX Announcement here.
Australian Oil Company (ASX:AOK)
Emu Apple-1 Production Restored
The Play
Emu Apple-1 was successfully acidized and returned to pre-intervention operating rates.
The well was progressively brought back online following the acidisation program.
Additional Riverslea-3 oil samples were collected for crude sales agreement assays.
Field visits will schedule evaporation pond remediation ahead of the Riverslea restart.
Major Gas Field site visits progressed metering and gas sales agreement preparations.
The Pitch
Australian Oil Company is focused on conventional oil and gas operations in the Surat Basin.
The Company also owns natural gas and oil producing wells in California.
Emu Apple-1 is located within the Surat Basin's PL 264 licence.
Major-4 forms part of the Major Gas Field within PL 512.
The Surat Basin strategy focuses on core asset reactivation and exploration.
The Next Overs
Fluid levels and reservoir communication will be assessed at Emu Apple-1.
Hydraulic pump rates will be progressively increased as the well cleans up.
Metering skid installation will continue ahead of finalising a gas sales agreement and restarting production at Major-4.
Read full ASX Announcement here.
Firebird Metals (ASX:FRB)
Proprietary LMR Cathode Matches Commercial Reference
The Play
Independent testing confirmed LMR cathode performance comparable to a commercial reference.
Firebird achieved 263.7mAh/g discharge capacity at 0.1C.
The result exceeded typical LFP by 65% and high-nickel NCM by 26%.
Twenty synthesis campaigns established stable LMR production capability.
Laboratory commissioning and process optimisation were completed at the China R&D facility.
The Pitch
Firebird develops advanced manganese-based lithium-ion battery materials.
The Company operates a wholly owned pilot plant and R&D facility in China.
The LMR program extends Firebird's vertically integrated battery materials strategy.
The strategy extends downstream from high-purity manganese sulphate production.
The Company has established HPMSM production capability.
The Next Overs
Development will transition to the Australian Demonstration Plant.
Optimisation will target cycle life, capacity retention and voltage stability.
The program will focus on particle morphology, tap density and impurity reduction.
Read full ASX Announcement here.
NGX Ltd (ASX:NGX)
Maiden Drilling Identifies Shallow High-Grade Rutile
The Play
Maiden auger drilling identified high-grade shallow rutile at the Msinja Prospect.
Best result returned 7m @ 0.91% rutile from surface, including 2m @ 0.97% rutile.
Additional intercepts included 6m @ 0.65% and 7m @ 0.77% rutile from surface.
16 of 19 Msinja holes intersected mineralisation from surface, with most remaining open at depth.
The program drilled 61 auger holes across the Msinja and Lifidzi licences.
The Pitch
Msinja is located less than 2km from the Malingunde Graphite Project.
The regional exploration program covered the Msinja and Lifidzi licences in Malawi.
Malingunde is a pre-development graphite project.
Technical studies are underway at the Malingunde Graphite Project.
Initial work on the regional licences was completed by the previous owners.
The Next Overs
The Company will evaluate the Msinja results to plan future exploration activities.
NGX will evaluate integrating Msinja with the Malingunde Project.
The Company will assess options for its strategic holding in the Lifidzi Project.
Read full ASX Announcement here.
dorsaVi (ASX:DVL)
First Commercial Physical AI Wearable Launches
The Play
Sensor v6.5 launched as dorsaVi's first commercial Physical AI wearable.
The sensor processes movement and delivers real-time biofeedback on the device.
Sensor v6.5 operates without cloud or base device connectivity.
The sensor performs analysis, decision-making and feedback entirely on the device.
Sensor v6.5 extends dorsaVi's FDA-cleared and TGA-certified platform.
The Pitch
The platform is FDA-cleared and TGA-certified.
The platform has been deployed for more than a decade.
Its wearables have been used across clinical, elite sport, defence and occupational health.
The platform is built around dorsaVi's Ultra-Edge Modular Design and Build program.
The platform supports future integration of RRAM and related compute technologies.
The Next Overs
Future sensor generations are planned to integrate RRAM and compute-in-memory technologies.
Development will continue under the Ultra-Edge Modular Design and Build program.
The Company will report progress against defined milestones.
Read full ASX Announcement here.
Auric Mining (ASX:AWJ)
Major Munda Drilling Targets Resource Extension
The Play
Major RC drilling commenced at the Munda Gold Mine.
The program targets resource infill and western resource extension.
135 RC holes for approximately 12,900m will test mineralisation to 120m depth.
Geotechnical diamond drilling commenced to support Ore Reserve estimation.
Grade control drilling of up to approximately 89,000m is planned from August 2026.
The Pitch
The Munda Gold Mine hosts a Scoping Study targeting 2.7Mt @ 1.75g/t Au for 155koz.
The Munda pit design contains 2.7Mt of mineralised material at 1.75g/t Au.
The current Munda Resource totals 192koz.
The Munda Resource remains open along strike and at depth.
Geotechnical drilling will refine pit design parameters.
The Next Overs
RC drilling will test the western extension of the Munda Resource.
Grade control drilling is planned to commence in August 2026.
Ore Reserve estimation is planned during the second half of 2026.