The Day's Play Edition 154: PGM grades emerge, manganese discovery advances, gold and antimony hit | TM1, TKM, KTA
TOP ORDER
Terra Metals (ASX:TM1)
Southwest Returns High-Grade PGM Intercepts
Terra’s latest Southwest drilling returned 14m @ 3.13g/t 3E from 411m, including 5m @ 5.45g/t 3E, alongside 79.8m @ 1.30g/t 3E from 302m. The results demonstrate multiple mineralised PGM horizons within the broader Southwest system, with drilling continuing to define the mineralisation.
Read full ASX Announcement here.
Trek Metals (ASX:TKM)
High-Grade Manganese Discovery Confirmed At Kuro
Trek’s second assay batch has confirmed a significant shallow, high-grade manganese discovery at Kuro, with multiple high-grade intercepts returned from the maiden RC programme. Results include 7m @ 40.2% Mn from 7m, 8m @ 31.3% Mn from 28m and 10m @ 27.8% Mn from 2m, with Phase 2 RC drilling now underway.
Read full ASX Announcement here.
Krakatoa Resources (ASX:KTA)
High-Grade Gold And Antimony Confirmed At Zopkhito
Krakatoa’s first 2026 drilling assays have confirmed high-grade gold and antimony mineralisation at Zopkhito, with all 4 initial surface diamond holes intersecting mineralisation in Vein 6. Results include 1.8m @ 11.09g/t Au and 3.56% Sb, while individual samples returned up to 17.1g/t Au and 15.3% Sb.
Read full ASX Announcement here.
Kingston Resources (ASX:KSN)
Jack’s Hut Drilling Supports Resource Update
Kingston’s infill drilling at Jack’s Hut has confirmed the existing geological interpretation, including 13m @ 2.80% Pb, 2.48% Zn, 0.76% Cu, 0.88g/t Au and 16g/t Ag. Results will inform a Mineral Resource update targeting an additional ore source for the Ore Reserve update, with surface drilling planned for October.
Read full ASX Announcement here.
ALLROUNDERS
Yandal Resources (ASX:YRL)
Arrakis Domain C Extended Down-Plunge
Yandal has extended Domain C at Arrakis approximately 80m down-plunge, with 24.2m @ 1.4g/t Au including 8.3m @ 3.0g/t Au and 3.0m @ 5.4g/t Au. The results add to previous high-grade intersections defining the domain, with final diamond tail assays anticipated during September.
Read full ASX Announcement here.
Chalice Mining (ASX:CHN)
Deep Blue Confirms 1.2km Copper System
Chalice’s first-pass RC drilling has confirmed a copper-silver-gold mineralised system extending over 1.2km of strike at Deep Blue. The results have contributed to recognition of a new ~30km prospective copper belt, with expanded soil sampling, targeted IP and follow-up RC drilling planned for Q4.
Read full ASX Announcement here.
Power Minerals (ASX:PNN)
Morro Do Ferro Secures State Priority Status
Power has executed an agreement with the Government of Minas Gerais granting Morro do Ferro priority-project treatment under the State framework. The agreement provides coordinated support from economic-development and environmental agencies as Power continues its maiden diamond drilling, metallurgical test work and work towards a maiden JORC Mineral Resource.
Read full ASX Announcement here.
Cazaly Resources (ASX:CAZ)
Hastings Gold Trend Extended 400m Further
Cazaly’s first-pass AC drilling has extended anomalous gold at Hastings more than 400m south of the historical Kingwest intercept of 38m @ 3.1g/t Au. A new 7m @ 1.2g/t Au intercept from 58m has been returned, with deeper RC drilling planned at Hastings and RC drilling also planned at Gulls Blow.
Read full ASX Announcement here.
ENGINE ROOM
Caspin Resources (ASX:CPN)
Tungsten Anomaly Adds New Bygoo Target
Caspin has identified an 800m-long tungsten soil anomaly at Taylors Hill, coinciding with historical drilling that returned 10.6m @ 1.07% WO3 and 0.12% Sn, including 3m @ 3.68% WO3 and 0.39% Sn. Further soil and rock geochemistry, and potentially geophysics, will be used to define drill targets.
Read full ASX Announcement here.
Cooper Metals (ASX:CPM)
Pyramid Data Review Advances Drill Planning
Cooper has completed detailed review work across the Pyramid dataset covering 151 drillholes and 10,975 assayed samples, with 115 drillholes now tracing primary gold values to original laboratory certificates. A 53-analyte dataset has also been compiled, with validation and interpretation continuing ahead of the inaugural drill programme.
Read full ASX Announcement here.
Emyria (ASX:EMD)
Sydney Clinic Nears September Opening
Emyria has completed the Sydney clinic fit-out and established its initial clinical team, with ~20 therapists and 4 psychiatrists recruited and trained. 2 Sydney psychiatrists have obtained Authorised Prescriber status, medication and healthcare arrangements are secured, and the first patients have been approved for treatment.
Read full ASX Announcement here.
12TH MAN
Piche Resources (ASX:PR2)
Strategic Portfolio Review Gets Underway
Piche has commenced a strategic review of its existing portfolio and potential new project opportunities following completion of its fully underwritten Rights Issue and proposed top-up placement. The review is supported by Dahrouge Geological Consultants, while the Company progresses its executive search and assesses its existing portfolio.
Read full ASX Announcement here.