The Day's Play Edition 144: Gold target takes shape, helium holds and lithium Resource lands | CZN, GHY, DSM
THE COIN TOSS
WCN - White Cliff Minerals extends Danvers 1 copper mineralisation to 4.75km, with 17m at 1.41% Cu among latest results
CZN - Corazon Mining defines a maiden 72,000-132,000oz Exploration Target across 3 Two Pools gold target areas
GHY - Gold Hydrogen provides dynamic evidence supporting 180m Kulpara reservoir continuity at Ramsay 2, with up to 20% air-corrected helium
DSM - Desert Minerals establishes a 264.9Mt JORC Mineral Resource at 1,006ppm lithium, plus a 218-327Mt Exploration Target
BTR - Brightstar Resources confirms wider mineralised Two Mile Hill tonalite at depth, with visible gold across both diamond holes
YRL - Yandal Resources confirms a third potential high-grade Arrakis domain, including 17.5m at 2.3g/t Au
OD6 - OD6 Metals re-assays confirm high-grade Horseshoe fluorspar, including 50m at 79.3% CaF₂ from surface
ENV - Enova Mining records NdPr recoveries of up to 79%, averaging 71%, from initial Poços de Caldas leach testing
MHK - Metal Hawk delivers 9m at 12.3g/t Au at Numbat, including 5m at 20.7g/t, confirming shallow high-grade continuity
AKA - Aureka extends high-grade Comstock mineralisation south, returning 4.4m at 8.9g/t Au and 57.8g/t Ag
CRS - Caprice Resources extends Vadrians gold mineralisation 50m south, with new intersections north and beneath the central zone
White Cliff Minerals (ASX:WCN)
Danvers 1 copper mineralisation extends to 4.75km
THE PLAY
Copper mineralisation now extends across 4.75km of the interpreted Teshierpi structural corridor.
DAN26027 returned 17m at 1.41% Cu and 12g/t Ag from 194m.
DAN26031 returned 14.5m at 1.49% Cu from 166.5m, including 3m at 3.96% Cu.
DAN26035 returned 24.75m at 0.43% Cu from 110.5m, including 5m at 1.21% Cu.
The 4.75km mineralised trend extends beyond the approximately 820m tested at Danvers 1.
THE PITCH
Danvers 1 is located on a southeastern splay of the regional Teshierpi Fault.
Copper mineralisation occurs as disseminations, vesicle infill and quartz-carbonate-copper sulphide veins.
Chalcocite, bornite and chalcopyrite are the dominant copper sulphide minerals identified.
The Danvers historic resource estimate totals 4.16Mt at 2.96% Cu and is not JORC compliant.
Previous metallurgical testing returned recoveries exceeding 95% Cu and 93% Ag.
THE NEXT OVERS
Infill drilling along the northeastern structure is scheduled to commence within coming weeks.
Assays remain pending for DAN26041, which contains more than 40m of copper-sulphide-bearing core.
Further drilling will test strike and depth extensions across Danvers 1, 2, 3 and 4.
Read full ASX Announcement here.
Corazon Mining (ASX:CZN)
Maiden Exploration Target quantifies Two Pools gold system
THE PLAY
Maiden Exploration Target totals approximately 72,000 oz to 132,000 oz across 3 target areas.
The total Exploration Target spans 1.4 Mt to 2.15 Mt at 1.6 to 1.9 g/t Au.
Northern Target comprises 900,000 to 1.5 Mt at 1.5 to 1.7 g/t Au.
Central and Southern targets comprise 500,000 to 650,000 t at 1.8 to 2.4 g/t Au.
Historical drilling includes 12 m at 8.89 g/t Au from 79 m.
THE PITCH
Two Pools is 100% owned and covers approximately 537 km² within Western Australia's Plutonic-Marymia Greenstone Belt.
Corazon's interpretation identifies a 20 km-long greenstone belt previously mapped largely as granite.
Gold mineralisation is associated with foliation-parallel quartz-carbonate veinlets, chlorite-sericite alteration and 1–2% pyrite-chalcopyrite.
Diamond drilling revised the interpreted gold-bearing vein orientation from north-west to approximately east-west during 2026.
No Mineral Resource has been estimated for the Two Pools Gold Project to date.
THE NEXT OVERS
5,000 m RC drilling is proposed over 6 months, subject to funding, access and approvals.
Chalice Exploration Target and Phase 1 resource growth drilling are expected during coming weeks.
Feather Cap assay results will be released following receipt and QA/QC review.
Read full ASX Announcement here.
Gold Hydrogen (ASX:GHY)
Ramsay 2 confirms 180m helium reservoir continuity
THE PLAY
Ramsay 2 provided dynamic evidence supporting continuity of the 180m gross Kulpara reservoir.
Field measurements recorded up to 20% air-corrected helium from the gross 180m Kulpara interval.
Gross fluid rates reached 2,300 bbl/day during testing, constrained by installed ESP capacity.
Interpreted reservoir parameters and deliverability at Ramsay 2 were consistent with Ramsay 1.
Ramsay 2 tested the reservoir approximately 500m from the Ramsay 1 well.
THE PITCH
Gold Hydrogen holds a 100% working interest in PEL 687, Yorke Peninsula, South Australia.
Ramsay's primary helium target is the 180m gross Kulpara Dolomite reservoir interval across the project.
Ramsay 2 uses a cased-and-perforated design enabling discrete testing of individual reservoir intervals.
The Ramsay Project has a 96 Bcf mean Prospective Resource estimate for helium across PEL 687.
Gold Hydrogen currently has no Reserves or Contingent Resources reported for the Ramsay Project.
THE NEXT OVERS
Ramsay 3 testing remains outstanding within the Company's 2026 flow testing programme.
Contingent Resources are expected to be assessed after the full 2026 dataset is interpreted.
Planning continues for a potential Ramsay Helium Pilot Project and development partner discussions.
Read full ASX Announcement here.
Desert Minerals (ASX:DSM)
Scotty establishes 264.9Mt lithium Mineral Resource
THE PLAY
Scotty now has a 264.9Mt JORC Mineral Resource at 1,006ppm lithium.
Indicated resources total 139.8Mt at 1,002ppm, with 125.1Mt Inferred at 1,011ppm.
A separate Exploration Target contains 218-327Mt grading 990-1,490ppm lithium northwest of the Resource.
SC23-003 delivered 124.97m at 1,237ppm lithium outside the current Resource boundary.
The Mineral Resource uses a 750ppm lithium cut-off for the Volcanic Clay domain.
THE PITCH
Scotty is in Nye County, Nevada, on the south-western margin of Bonnie Claire Basin.
Desert Minerals holds a 51% interest through its 51%-owned American Consolidated Lithium subsidiary.
Mineralisation occurs in lithium-enriched smectite and illite clays within lacustrine playa sediments.
The Volcanic Clay domain forms a laterally continuous, stratabound unit between drillholes.
Resource estimation used 11 sonic holes totalling 1,301.4m, including 8 drilled during 2026.
THE NEXT OVERS
Additional drilling will test Volcanic Clay continuity between the Resource and SC23-003.
Further drilling will test whether Exploration Target material can become a Mineral Resource.
Project-specific metallurgical, mining and economic studies will confirm the appropriate economic cut-off.
Read full ASX Announcement here.
Brightstar Resources (ASX:BTR)
Deep drilling confirms wider mineralised Two Mile Hill tonalite
THE PLAY
53 individual visible gold occurrences were logged across the 2 completed diamond holes.
Both holes intersected wide intervals of mineralised tonalite, up to 400m to 500m thick.
The host tonalite is now interpreted as more than 300m wide at depth.
Both completed holes ended in mineralised tonalite after exceeding planned depths.
Visible gold was observed throughout both holes, commonly associated with galena and pyrite in quartz veins.
THE PITCH
The Sandstone Gold Project has a reported Mineral Resource of 2.9Moz at 1.3g/t Au.
Two Mile Hill gold is typically associated with quartz veins ranging from <1cm to >1m thick.
Sericite alteration is common throughout the Two Mile Hill tonalite unit.
The combined Two Mile Hill-Shillington deposit hosts a current MRE of 731koz at 1.6g/t Au.
Two Mile Hill mineralisation is mostly hosted within tonalite, while Shillington mineralisation is hosted within BIF.
THE NEXT OVERS
2 diamond holes remain in the approximately 3,400m extensional drilling programme.
Samples will be despatched during August, with results anticipated for late September.
Future Mineral Resource updates will include the wider Shirvington Zone at depth.
Read full ASX Announcement here.
Yandal Resources (ASX:YRL)
Third potential high-grade domain identified at Arrakis
THE PLAY
Results confirm the presence of an additional high-grade domain within the 1.3km Arrakis mineralised system.
17.5m at 2.3g/t Au from 127.5m has an estimated true width of 14m.
17.0m at 1.1g/t Au from 162m has an estimated true width of 10m.
Geological interpretations indicate a 100m to 150m striking zone of higher-grade mineralisation plunging south.
The new high-grade domain is situated in the footwall of the Arrakis structure, directly below an intermediate porphyry.
THE PITCH
Ironstone Well-Barwidgee is 100% owned and covers approximately 456km² in Western Australia.
Arrakis is defined by a >2.2km regolith gold anomaly beneath 4m to 20m of transported cover.
Primary fresh rock mineralisation has been defined over more than 1.3km of strike, with true widths ranging from 4m to >30m.
Arrakis mineralisation is hosted within a deformed porphyritic dacite intrusive, bracketed by pillow basalts and dolerite.
Flushing Meadows has an established Resource of 268,000oz at 1.1g/t Au.
THE NEXT OVERS
Final diamond core drilling results from Arrakis are expected in early September.
First results from the Anders target, parallel to Arrakis, are anticipated in early September.
The down-plunge projection of the new high-grade domain below the Yueh Shear Zone remains a target for further drilling.
Read full ASX Announcement here.
OD6 Metals (ASX:OD6)
F-XRF24 re-assays confirm broad high-grade Horseshoe mineralisation
THE PLAY
Re-assays materially increased reported CaF₂ grades across Horseshoe channel samples.
SE/Back Wall returned 50m at 79.3% CaF₂ from surface.
Central Bench returned 15m at 85.8% CaF₂.
NW Wall returned 22m at 78.8% CaF₂, including 9m at 84.5%.
31 samples returned >90% CaF₂, with a peak value of 98.8%.
THE PITCH
Quinn Fluorspar Project comprises 226 mining claims covering approximately 1,890 hectares in Nevada.
Horseshoe channel sampling covers an approximately 80m-wide exposed zone.
Previous drilling and open pit exposure indicate a tabular zone approximately 15m to 30m thick.
Fluorspar occurs in replacement and breccia deposits within limestone, alongside epithermal veins and vein-breccias.
All 120 channel samples average 74.8% CaF₂, with 85% grading above 50%.
THE NEXT OVERS
OD6 Metals has elected to use F-XRF24 for all samples going forward.
The permitting programme includes preparation of drilling and bulk sample approvals.
Metallurgical testwork and optical sorting studies are advancing to assess product recoveries.
Read full ASX Announcement here.
Enova Mining (ASX:ENV)
Initial leach testing returns up to 79% NdPr recovery
THE PLAY
Initial leach testing returned NdPr recoveries of 66% to 79%, averaging 71%.
TREO recoveries ranged from 45% to 61%, averaging approximately 55%.
HREO recoveries reached 65% across the 6 tested saprolite samples.
SGS Geosol conducted testing using a standard ionic adsorption clay leach protocol.
Previous sampling returned 3m at 3,964 ppm TREO and 26% NdPr from surface.
THE PITCH
Poços de Caldas comprises 5 granted tenements covering 1,382.15 Ha in Minas Gerais, Brazil.
The tenements are held by Enova Brasil and are 100% owned by Enova Mining.
REE mineralisation occurs within saprolite overlying phonolite and nepheline syenite lithologies.
Auger drilling has confirmed REE mineralisation from surface to approximately 6m.
Insufficient exploration has been completed to define a Mineral Resource at Poços de Caldas.
THE NEXT OVERS
Follow-up auger drilling is planned after completion of the Naked Hill exploration programme.
Further drilling will examine untested areas and depth extension of saprolite-hosted REE mineralisation.
Further samples will be collected for additional metallurgical test work at Poços.
Read full ASX Announcement here.
Metal Hawk (ASX:MHK)
Numbat drilling delivers 9m at 12.3g/t gold
THE PLAY
Numbat drilling returned 9m at 12.3g/t Au from 70m, including 5m at 20.7g/t.
The 9m intersection is interpreted as close to true thickness of the northeast-dipping lode.
Results confirm continuity of shallow, high-grade gold mineralisation in fresh rock.
26LSRC075 returned 8m at 3.6g/t Au from 40m, including 4m at 6.1g/t.
26LSRC074 returned 3m at 4.2g/t Au from 5m, including 1m at 10.8g/t.
THE PITCH
Leinster South covers more than 430km² between 10km and 40km south of Leinster, Western Australia.
The project lies along the southeastern limb of the Lawlers Anticline on the Agnew Greenstone Belt.
Numbat is hosted within the differentiated Thylacine mafic host unit identified through drilling.
The Numbat lode trends north-south and is oblique to mapped northwest-trending parallel veins.
Gold mineralisation occurs within quartz vein systems across the Thylacine prospect.
THE NEXT OVERS
Follow-up drilling is planned along strike and at depth at the southernmost Thylacine drilling.
Additional diamond drilling is planned to test potential Numbat lode thickening at depth.
The next RC drilling campaign is due to commence in late September.
Read full ASX Announcement here.
Aureka (ASX:AKA)
High-grade gold extends south at Comstock
THE PLAY
Comstock Shear returned 4.4m at 8.9g/t Au and 57.8g/t Ag from 102.8m.
Included 0.3m at 65.3g/t Au from 106.2m, with duplicate assay returning 95.6g/t.
Walkers returned 2.65m at 5.78g/t Au from 20.5m, including 0.35m at 34.2g/t.
NED034 returned 0.7m at 57g/t Au from 56.65m in the Walkers Zone.
Latest Comstock Shear mineralisation sits 48m below the southern main pit surface.
THE PITCH
St Arnaud Comstock is a previous mine site in Central Western Victoria, with production ending in 1995.
Comstock lies approximately 2km north of St Arnaud within the historic St Arnaud Goldfields.
The Comstock Shear has a proven mineralised strike extent exceeding 500m.
Primary gold mineralisation is hosted within quartz veins controlled by folding and NNW-trending west-dipping thrust faults.
The current Comstock Mineral Resource contains 1.45Mt at 1.21g/t Au, totalling 56,500oz gold.
THE NEXT OVERS
Future JORC estimate review will incorporate these results and 2025 Comstock diamond drilling.
Metallurgical testing will confirm whether the mineralisation is free milling gold.
Diamond drilling continues at Irvine, testing mineral continuity within the advanced Exploration Target.
Read full ASX Announcement here.
Caprice Resources (ASX:CRS)
Vadrians gold system extends south and at depth
THE PLAY
Southern drilling extends the interpreted gold plunge by approximately 50m at depth.
Hole 26IGRC043D returned 5.4m at 6.4 g/t gold from 357m downhole.
North Vadrians returned 7.0m at 4.5 g/t gold from 239m downhole.
Central Vadrians returned 5.0m at 1.8 g/t gold from 264m downhole.
Southern drilling also returned 2.6m at 3.2 g/t gold from 348m downhole.
THE PITCH
Island Gold Project is located in Western Australia's Murchison Greenstone Belt, 60km north of Mt Magnet.
Island Gold Project includes M21/66, M21/140 and E21/186 tenements held by Goldview Metals.
Goldview Metals is a wholly owned subsidiary of Caprice Resources, with all granted tenements in good standing.
Island Gold Project hosts Archaean mesothermal orogenic gold mineralisation within deformed BIF and bounding mafic lithologies.
No Mineral Resource estimates have been reported across the Island Gold Project to date.
THE NEXT OVERS
North Vadrians requires follow-up drilling to assess continuity and geometry.
Testing northern strike and depth extensions at Vadrians is planned.
The southern Vadrians gold zone will be extended down plunge.
Read full ASX Announcement here.