The Day's Play Edition 141: Gold-silver discovery, sulfide zone extends beyond 1.1km | TTM, TM1, LSR
THE COIN TOSS
TTM - Titan Minerals identified a new shear-hosted gold-silver zone outside Cerro Verde's resource, intercepting 33.5m at 6.6g/t Au and 55.5g/t Ag.
TM1 - Terra Metals extended the Southwest Main Sulfide Zone 150m to more than 1,100m of defined strike, with mineralisation remaining open along strike and depth.
LSR - Lodestar Minerals secured an option consolidating a six-kilometre Cu-Mo-Au porphyry corridor, underpinned by 8,039m of historical drilling in Chile.
M2R - Miramar Resources outlined a maiden 1.04Mt Inferred Resource at 1.20g/t Au for 39,764 ounces across the Gidji JV
PVT - Pivotal Metals entered the Bambino option, consolidating the 6km Midrim-Zullo Cu-Ni-PGM trend across 3,320 hectares
TSO - Tesoro Gold completed the 80-hole Ternera infill programme, with all 17 final holes returning significant gold mineralisation at predicted locations
MHC - Manhattan Gold Corporation delivered 41.15m at 4.66g/t Au at Jaws, including 7.62m at 18.67g/t Au
CTN - Catalina Resources identified up to 0.615% WO3 at Santy alongside strong W-Mo-Bi mineralisation and a largely untested eastern IP anomaly
RAD - Radiopharm Theranostics received DSMC recommendation to advance RAD202 Phase 1 into Cohort 4 at the 180mCi dose level
LMS - Litchfield Minerals secured EL34245, enabling field validation and ground EM of the undrilled Sybil copper target
ELK - Elk Range Mining commenced maiden diamond drilling at Friday, with 8 holes planned across approximately 2,850m for mineralisation and resource definition
Titan Minerals (ASX:TTM)
New Shear-Hosted Gold-Silver Discovered at Cerro Verde
THE PLAY
New shear-hosted gold-silver zone identified outside the current Cerro Verde resource.
CVDD26-199 returned 33.5m at 6.6g/t Au and 55.5g/t Ag from 236.7m.
The intercept includes 4.5m at 39.5g/t Au and 362.0g/t Ag from 244.1m.
The shear zone sits within a northwest structural corridor spanning approximately 1.6km by 800m.
Further drilling is planned to test repetitions and lateral extensions of mineralisation.
THE PITCH
Dynasty is a 100%-held gold project in southern Ecuador comprising 5 contiguous concessions.
Cerro Verde has a March 2026 MRE of 50.82Mt at 1.66g/t Au.
The broader Dynasty MRE totals 65.55Mt at 1.85g/t Au and 12.38g/t Ag.
Dynasty contains epithermal veining over a 9km strike and porphyry-style gold-copper mineralisation.
Three Dynasty concessions received Environmental Authorisation in 2016 and are fully permitted for exploration.
THE NEXT OVERS
A 10,000m resource drilling programme is underway at Cerro Verde.
Extensional drilling at Brecha-Comanche and Kaliman is planned during 2026.
The Dynasty MRE update is anticipated in early 2027.
Read full ASX Announcement here.
Terra Metals (ASX:TM1)
Southwest Sulfide Zone Extends Beyond 1,100m
THE PLAY
Southwest Main Sulfide Zone extended 150m to more than 1,100m of defined strike.
SWRD052 returned 275m at 0.91g/t PGE3 and 0.17% Ni from 170m.
SWRD052 also returned 114m at 0.95g/t PGE3 and 0.15% Ni from 454m.
SWRC083 returned 73m at 0.66g/t PGE3, 0.13% Ni and 0.12% Cu from 12m.
SWDD017 extended the interpreted northern limit by approximately 150m with 41m at 0.34g/t PGE3.
THE PITCH
Southwest is a PGM-Cu-Ni-Co sulfide system within the Jameson Layered Intrusion.
The Southwest Discovery sits outside Terra Metals' existing 148Mt Dante Mineral Resource.
Mineralisation is defined across more than 1,100m of strike and approximately 700m width.
The system extends at least 750m down-dip from surface and remains open along strike and at depth.
The Dante Project is located in Western Australia's West Musgrave region within the Jameson Layered Intrusion.
THE NEXT OVERS
Diamond drilling continues targeting extensions along the main Southwest Sulfide Zone.
Assays from deep diamond tails, extending to 918m, are expected in coming weeks.
Ground and downhole EM surveys will target conductive sulfide bodies for further drilling.
Read full ASX Announcement here.
Lodestar Minerals (ASX:LSR)
Pacífico Option Consolidates Six-Kilometre Porphyry Corridor
THE PLAY
Option agreement covers 5 exploration tenements within the approximately 22km² Pacífico Project.
Historical drilling totals 8,039m across 16 diamond holes and intersects multiple porphyry units.
Historical assays include grades up to 0.67% Cu, 817ppm Mo and 1.03% CuEq.
Central target remains undrilled, with recent mapping identifying several outcropping porphyritic dykes.
Historical drilling and surface alteration define a six-kilometre porphyry corridor within Pacífico.
THE PITCH
Pacífico comprises approximately 22km² across North, Central and South target areas.
Historical porphyry units host chalcopyrite and molybdenite in veinlets, disseminated mineralisation and hydrothermal breccias.
The project is located approximately 100km north-east of Vallenar in Chile’s Atacama Region.
Historical exploration includes surface geochemistry, IP/DCIP surveys and magnetometry across the project.
The option can be exercised within 5 years, with US$3,000,000 payable on exercise.
THE NEXT OVERS
Data compilation and re-interpretation of historical drilling and geophysics will refine targets.
Geological mapping and surface sampling will focus particularly on the Central target.
Maiden drilling programme is targeted for Q2 CY2027.
Read full ASX Announcement here.
Miramar Resources (ASX:M2R)
Gidji JV Outlines Maiden 39,764-Ounce Gold Resource
THE PLAY
Maiden Inferred Resource totals 1.04Mt at 1.20g/t Au for 39,764 ounces.
Resource is based on shallow drilling across Marylebone, Powerline, Blackfriars and Highway.
10 optimised open pits contain Resources, including the 8-Mile supergene Resource.
Resources occur as flat-lying blankets between 40m and 50m below surface.
Highway is the largest Resource, containing 10,309 ounces at 0.89g/t Au.
THE PITCH
Gidji is an 80%-owned gold project located 15km north of Kalgoorlie.
The project contains approximately 15km of strike along the Boorara Shear Zone.
Mineralisation comprises Archaean greenstone-hosted mesothermal gold with associated supergene gold.
The Resource is reported under the JORC Code 2012 and classified as Inferred.
No metallurgical test work has been undertaken at this stage of project development.
THE NEXT OVERS
Infill and extensional drilling is planned at Highway, Blackfriars and Lake.
Miramar plans to apply for a Mining Lease over the Gidji JV Project.
Discussions with potential development partners are planned for the Gidji JV Project.
Read full ASX Announcement here.
Pivotal Metals (ASX:PVT)
Bambino Option Expands Belleterre Cu-Ni-PGM Footprint
THE PLAY
Bambino option consolidates the 6km Midrim-Zullo trend of high-grade Cu-Ni-PGM occurrences.
Historical results include 21.1m at 2.5% Cu, 1.7% Ni and 2.7g/t PGE.
Bambino covers 3,320 hectares surrounding Pivotal's Delphi-Patry and Zullo occurrences.
Historical exploration focused on known occurrences, leaving broader gabbro areas lightly explored.
Surface geophysics will prioritise soil anomalies and fold noses ahead of drilling.
THE PITCH
Bambino comprises 57 claims within the Belleterre-Angliers Greenstone Belt in southern Québec.
The project contains gabbro-hosted Cu-Ni-PGM mineralisation and quartz vein-associated gold mineralisation.
Historical drilling, outcrop sampling and soil geochemistry support a broader mineralising system.
Pivotal's Belleterre package totals 359 claims covering approximately 19,924 hectares.
Pivotal can earn 100% of Bambino over 3 years.
THE NEXT OVERS
Pivotal will compile and validate historical exploration data across Bambino.
Ground electromagnetic surveys will assess priority areas for sulphide accumulation.
Target definition will progress priority targets towards drill testing.
Read full ASX Announcement here.
Tesoro Gold (ASX:TSO)
Ternera Infill Delivers Multiple High-Grade Intercepts
THE PLAY
Final 17 infill holes returned multiple thick, high-grade gold intercepts at Ternera.
ZDDH0461 returned 10.00m at 6.14g/t Au from 14.00m, including 3.25m at 15.96g/t Au.
ZDDH0464 returned 96.40m at 0.86g/t Au from 351.00m, including 37.54m at 1.50g/t Au.
ZDDH0475 returned 101.00m at 1.12g/t Au from 320.00m, including 8.35m at 3.50g/t Au.
All 17 final infill holes intercepted significant gold mineralisation at predicted downhole locations.
THE PITCH
The El Zorro Gold Project comprises a greater than 40km-long prospective gold corridor in Chile.
Ternera's current Mineral Resource is 1.82Moz, as shown in the announcement's project map.
Tesoro's 95%-owned Chilean subsidiary owns 95.4% of the El Zorro Gold Project.
Ternera is part of El Zorro, which includes the broader 40km-long gold corridor.
The current Ternera MRE includes Indicated and Inferred resources at selected gold cut-off grades.
THE NEXT OVERS
An updated Ternera MRE is being prepared using the completed infill assay dataset.
Three diamond drill rigs are active on Ternera extensional drilling around the Deposit.
District-scale drilling at La Brea and Pena Blanca is scheduled in coming weeks.
Read full ASX Announcement here.
Manhattan Gold Corporation (ASX:MHC)
Jaws Drilling Returns Wide High-Grade Gold Intercept
THE PLAY
Jaws returned 41.15m at 4.66g/t Au from 83.82m, including 7.62m at 18.67g/t Au.
JWS26006b also returned individual 1.52m samples grading up to 41.0g/t Au.
JWS26001 returned 79.25m at 0.78g/t Au from 38.10m, including 33.53m at 1.04g/t Au.
JWS26002 returned 9.15m at 1.99g/t Au from 153.92m, confirming down-dip continuation of a historic footwall vein.
JWS26003 returned 9.15m at 1.73g/t Au from 35.05m, confirming additional near-surface gold mineralisation.
THE PITCH
Jaws is the most advanced target within the 665km² Hook Lake Project in Nunavut, Canada.
Hook Lake comprises 12 prospects covering 665km² within the underexplored Rankin-Ennadai greenstone belt.
Gold mineralisation at Jaws occurs within a broad envelope of pervasive silicification in mafic volcanic rocks, with quartz veining, arsenopyrite and pyrite.
Historic drilling defined a 3.4Mt at 2.38g/t Au foreign estimate, which is not reported in accordance with the JORC Code 2012.
The Project comprises 26 mineral claims in 5 blocks and 3 Mineral Exploration Agreements.
THE NEXT OVERS
Follow-up drilling will target the geometry and continuity of the interpreted high-grade shoots.
Further drilling will test interpreted higher-grade cores, shoots, stacked vein systems and extensions along strike and at depth.
Assays are pending for a further 13 RC drillholes, including 2 holes at the Spectre VMS target.
Read full ASX Announcement here.
Catalina Resources (ASX:CTN)
High-Grade Tungsten Results Sharpen Santy Drill Target
THE PLAY
New Santy rock chips returned up to 0.615% WO3 with elevated W-Sn-Mo-Bi-Cu-Ag-Au values.
SY11 returned 0.049% WO3, 46.2 ppm Sn, 9,110 ppm Bi and 488 ppm Mo.
SY09 returned 0.310% WO3, 12,300 ppm Bi and 1,480 ppm Mo from blue quartz vein.
Historical RC drilling returned up to 0.839% WO3, with mineralisation in felsic rocks or at contacts.
Strong W-Mo-Bi mineralisation coincides with the largely untested eastern IP conductivity anomaly.
THE PITCH
Catalina's Tallering Project is located on the Tallering Greenstone Belt in Western Australia.
Santy hosts felsic porphyries, granites, pegmatites, blue quartz veins and quartz-sericite alteration.
Historical RC drilling predates the latest IP survey, leaving the eastern conductivity anomaly largely untested.
Historical drilling indicates mineralisation occurs in felsic rocks or at contacts with amphibolite.
Nightjar lies 5.6km southwest of Santy and appears to represent a separate mineral system.
THE NEXT OVERS
Following heritage clearances, Catalina is targeting completion of Santy exploration before the end of 2026.
Planned work includes drilling the IP target and blue quartz zone at Santy.
Soil sampling, geological mapping and additional fieldwork are also planned at Santy.
Read full ASX Announcement here.
Radiopharm Theranostics (ASX:RAD)
RAD202 Phase 1 Trial Advances to 180mCi
THE PLAY
DSMC recommends advancing RAD202 Phase 1 trial to Cohort 4 at 180mCi.
RAD202 is being evaluated in patients with HER2-positive advanced solid tumours.
The previous HEAT trial dose level was 130mCi.
The DSMC reviewed study data and potential safety events before recommending trial continuation.
The HEAT Phase 1 study is being conducted at clinical centres across Australia.
THE PITCH
RAD202 is a proprietary single-domain monoclonal antibody targeting HER2-positive expression in advanced solid tumours.
A previous diagnostic study involved 10 HER2-positive breast cancer patients.
The diagnostic study demonstrated clinical proof-of-concept with positive safety and biodistribution.
Radiopharm Theranostics is a clinical-stage radiotherapeutics company developing diagnostic and therapeutic radiopharmaceutical products.
Its clinical programme includes 1 Phase 2 and 5 Phase 1 trials across solid tumour cancers.
THE NEXT OVERS
RAD202 advances to Cohort 4 at the 180mCi dose level in the HEAT trial.
Cohort 4 will evaluate RAD202 in HER2-positive advanced solid tumour patients.
The HEAT Phase 1 study is currently being conducted at clinical centres across Australia.
Read full ASX Announcement here.
Litchfield Minerals (ASX:LMS)
Sybil Copper Target Moves Into Field Validation
THE PLAY
EL34245 was granted, enabling Litchfield to advance the undrilled Sybil copper target.
Sybil exploration identified a VTEM response and rock chips up to 0.9% Cu and 0.1% Zn.
Multiple datasets support follow-up, including conductivity, copper anomalism, gravity and geological setting.
Sybil occurs within Riddock Amphibolite, the same broad unit hosting nearby Basil copper-cobalt deposit.
No previous drilling at Sybil has been identified in historical information reviewed.
THE PITCH
EL34245 covers approximately 384km² within Litchfield's expanded Harts Range position in central Australia.
Sybil is located 33.6km south-east of Oonagalabi and 24.6km west of Basil.
Litchfield's historical data review identified the Sybil conductor as an undrilled target.
The historical rock-chip result has not been independently verified by Litchfield.
Historical results cannot be relied upon for Mineral Resource estimation or economic evaluation.
THE NEXT OVERS
Field work is planned to commence over the coming weeks.
Work includes mapping, sampling, VTEM ground-truthing and ground EM surveying.
Results will determine whether Sybil progresses towards drill testing.
Read full ASX Announcement here.
Elk Range Mining (ASX:ELK)
Maiden Drilling Underway at Friday Gold Project
THE PLAY
Maiden diamond drilling is now underway at the Friday Gold Project in Idaho.
Phase 1 comprises 8 planned diamond holes covering approximately 2,850m across the Friday system.
The programme targets historical high-grade mineralisation, resource definition and extensions of the Friday mineralised system.
The first hole is designed to validate historical intersections before testing interpreted deeper continuation.
The mineralised system has remained largely untested for more than a decade.
THE PITCH
Friday has existing underground development, a permitted processing plant and established infrastructure.
Elk Range's Idaho assets include Friday, Orogrande Processing Plant, Buffalo Gulch and Deadwood Projects.
Friday is the initial drilling focus within Elk Range's broader Idaho Gold Project.
Friday is a historically producing gold mine with underground development and established infrastructure.
The broader Idaho Gold Project includes substantial landholding along the Orogrande Shear Zone.
THE NEXT OVERS
Drilling will continue through the 8-hole Phase 1 programme at Friday.
Up to 2 additional holes may be drilled subject to initial results.
Elk Range intends to advance Friday towards a JORC-compliant Mineral Resource.