The Day's Play Edition 163: A new copper system emerges as gold breaks beyond resource and Ricci Lee delivers high-grade hits | WCN, STN, BOA
THE COIN TOSS
White Cliff Minerals (ASX:WCN)
New Copper Discovery Confirmed at Bornite Hills
First-ever diamond drilling at Bornite Hills intersected more than 32m of bornite-dominant mineralisation, including semi-massive bornite, more than 60m below the historic surface occurrence. A second hole intersected 13.7m of bornite-chalcopyrite mineralisation, with approximately 725m of prospective strike remaining largely untested. Assays are expected in October 2026.
Read full ASX Announcement here.
Saturn Metals (ASX:STN)
Gold System Extends 1km Beyond Resource
Step-out drilling confirmed gold-bearing structures extending up to 1km north of Apollo Hill’s 2.83Moz Mineral Resource, including 5m at 11.26g/t Au from 49m. A 50-hole, 10,000m RC infill program is underway targeting expansion of the shallow Mineral Resource footprint ahead of a planned resource update.
Read full ASX Announcement here.
BOA Resources (ASX:BOA)
High-Grade Copper Confirmed at Ricci Lee
All 6 initial RC holes at Ricci Lee returned significant copper mineralisation, including 14m at 2.49% Cu and 15m at 2.25% Cu. BOA has completed 46 RC holes, with assays from 40 pending, while drilling tested approximately 640m of strike and 220m vertically.
Read full ASX Announcement here.
Cobre Ltd (ASX:CBE)
Deep Drilling Extends Copper System
Cobre’s first diamond hole since 2021 reached 986.9m and intersected mineralisation in previously untested ground, including a 3.57m chalcopyrite-pyrite interval and a further 0.60m interval with estimated sulphide abundances. 11 RC holes are complete, underground drilling has commenced and further diamond drilling is underway.
Read full ASX Announcement here.
American Tungsten & Antimony (ASX:AT4)
US Antimony Ingot Produced at Del Sol
AT4 has produced antimony ingot at the Del Sol Refinery from material mined at White Spar in Arizona, demonstrating the mine-to-metal pathway using US-mined material processed on US soil. Independent testing and product qualification are underway, with physical samples supporting engagement with prospective offtakers, defence primes and US government agencies.
Read full ASX Announcement here.
Lightning Minerals (ASX:L1M)
Warby Tungsten Footprint Expands
Integrated Phase 2 results expanded the interpreted Warby mineralised footprint, with rock chips returning up to 5.5% W and anomalous tungsten soils open in 3 directions. Pan concentrates returned peak values of 44,800ppm W and 41,700ppm Sn along a 13km granite contact, while Phase 3 soil sampling has commenced.
Read full ASX Announcement here.
Sinclair Gold (ASX:SGC)
Gold Mineralisation Extends Beyond 1.8Moz Resource
Latest assays extend gold mineralisation beyond the updated 1.8Moz Mineral Resource at both Mt Henry and Selene, including 18.0m at 1.8g/t Au and 41.1m at 1.1g/t Au. 5 rigs are drilling across the 2 deposits, with further assays pending and the next Mineral Resource update targeted before the end of FY27.
Read full ASX Announcement here.
Megado Minerals (ASX:MEG)
Maiden Drill Hole Intersects Copper-Silver
Megado’s first drill hole at the Iberian Copper Project intersected 0.55m at 0.84% Cu and 11g/t Ag from 75.05m, including 0.25m at 1.39% Cu and 18g/t Ag. 3 holes have been completed for 939.5m, with assays pending for 2 holes and additional drilling being planned.
Read full ASX Announcement here.
Liberty Metals (ASX:LIB)
Maiden Rock Chips Confirm In Situ Gold
Maiden rock chip assays at Oko North returned multiple samples above 1g/t Au, with a peak of 2.32g/t Au, confirming gold mineralisation across quartz veins, sheared felsic rocks and paleo-conglomerates. A systematic soil program of approximately 5,000 samples remains underway across Oko North and Oko South to define targets for maiden drilling.
Read full ASX Announcement here.
KTEK Aerosystems (ASX:KTK)
US$200k Aerospace Order Secured
KTEK has received a binding US$200,000 purchase order for the first milestone of a quoted US$994,100 airframe design and engineering work package from a major Israeli aerospace and defence manufacturer. The planned program runs for 30 months, while further work remains subject to additional purchase orders and customer approvals.
Read full ASX Announcement here.
Kaoko Metals (ASX:KAO)
Second Rig Starts Donkey Hill Drilling
Kaoko has commenced diamond drilling at Donkey Hill after mobilising a second rig, creating concurrent drilling fronts at Donkey Hill and Otniel. Donkey Hill has approximately 800m of mapped, outcropping copper mineralisation across 3 trends, while assays from maiden Otniel holes DDOT001 and DDOT002 are anticipated in approximately 2–3 weeks.
Read full ASX Announcement here.
RareX (ASX:REE)
74m Copper Zone Identified at Khaleesi
RareX identified a 74m zone of anomalous copper mineralisation in KRC012 at Niobe, extending from approximately 77m to 151m downhole, with preliminary pXRF readings peaking at 5,724ppm Cu. The readings are preliminary field values, not certified laboratory assays, with laboratory results expected in 4–6 weeks.