The Day's Play Edition 170: 23.6Mt manganese, 90.99g/t gold and 400m mineralisation | BCA, LRV, BTR
THE COIN TOSS
Black Canyon (ASX:BCA)
Maiden Resource Adds 23.6Mt Manganese, 12.5Mt Iron
Black Canyon has reported a maiden Wandanya Mineral Resource of 23.6Mt @ 25.8% Mn, including 16.8Mt @ 30.0% Mn and potential DSO of 3.7Mt @ 38.9% Mn, alongside 12.5Mt @ 54.9% Fe. More than 90% of the manganese resource is Measured and Indicated, while pilot-scale DMS testwork demonstrated potential to produce 38.5% to 41% Mn products at approximately 80% recovery. The Scoping Study is underway and targeted for completion in December 2026.
Read full ASX Announcement here.
Larvotto Resources (ASX:LRV)
High-Grade Drilling Pushes Clarks Gully Beyond Resource
Larvotto has extended Clarks Gully mineralisation beyond the existing resource model, with CLG140 returning 32.0m @ 5.68g/t AuEq and CLG141 returning 29.1m @ 6.06g/t AuEq. CLG141 also returned multiple hanging wall lodes, including 4.4m @ 12.81g/t AuEq with 0.4m @ 90.99g/t AuEq, while tungsten results included 0.4m @ 11.13% WO3 and 0.8m @ 9.47% WO3. The main lode was intersected in all holes, with mineralisation remaining open at depth.
Read full ASX Announcement here.
Brightstar Resources (ASX:BTR)
400m Mineralised Tonalite Opens Two Mile Hill Depth
Brightstar has completed a ~3,800m extensional drilling programme at Two Mile Hill, intersecting mineralised tonalite up to 400m thick in both final drillholes, with 40 occurrences of visible gold logged throughout. Both holes were extended beyond planned depths and ended in mineralised tonalite, with alteration, quartz veining and pyrite and galena mineralisation observed throughout. The host tonalite is interpreted to have widened to more than 400m horizontally and remain open below 700m, with assays pending.
Read full ASX Announcement here.
Skylark Minerals (ASX:SKM)
M’Basso Drilling Confirms 2km Continuous Gold System
Skylark has confirmed continuous mineralisation across the full 2km M’Basso strike, including the previous gap between Phase 1 and Phase 2 drilling, with mineralisation extending beyond 200m vertical depth and remaining open along strike and at depth. Final results include 14m @ 3.26g/t Au, including 5m @ 9.00g/t Au and 1m @ 44.04g/t Au. A total of 85 RC holes for 15,888m were completed and assayed, with the updated MRE now being finalised.
Read full ASX Announcement here.
New Murchison Gold (ASX:NMG)
Lydia Drilling Delivers 24.36g/t Gold Intercept
New Murchison Gold has returned 2m @ 24.36g/t Au, including 1m @ 47.20g/t Au, and 3m @ 14.53g/t Au, including 1m @ 37.40g/t Au, across Lydia Main, South and East. Further results include 4m @ 8.39g/t Au and 5m @ 5.41g/t Au. The results define shallow, high-grade mineralisation at the 3 prospects, with Lydia Main open down-plunge and Lydia South and Lydia East open along strike and down dip.
Read full ASX Announcement here.
Olympio Metals (ASX:OLY)
11m Gold Hit Extends Paquin Mineralised Strike
Olympio has reported final Phase 3 assays including 11.0m @ 1.43g/t Au from 174m at Paquin, alongside 6.1m @ 1.01g/t Au and 3.5m @ 1.15g/t Au. Previously reported drilling returned 5.0m @ 4.54g/t Au, including 0.75m @ 24.3g/t Au. The Paquin/Amadee system has 1.3km of confirmed mineralised strike, with a further ~1.5km of the main conglomerate contact open to the west, while mineralisation remains open along strike, down dip and down plunge.
Read full ASX Announcement here.
Great Western Exploration (ASX:GTE)
Seymour Intercepts Point To VHMS System
Great Western has reported 12m @ 0.33% Zn, 7g/t Ag and 0.09% Pb from 77m at Seymour, alongside 5m @ 0.22% Zn, 2g/t Ag and 0.15% Pb from 98m. The company interprets the results as representing the outer or cooler portion of a VHMS mineralisation system, with a potential higher-temperature copper-gold core yet to be defined. Follow-up drilling is planned alongside surface and down-hole geophysical surveys, subject to required permits.
Read full ASX Announcement here.
Black Cat Syndicate (ASX:BC8)
Black Cat Commits $30-35M To FY27 Exploration
Black Cat has allocated $30-35M to FY27 exploration and Resource conversion, primarily across Paulsens and Kal East, with approximately 65% directed towards Resource extension and conversion drilling. Planned expenditure includes $13-15M at Paulsens, $13-15M at Kal East and $4-5M at Coyote. The programme includes near-mine and regional target generation and testing, while regulatory approval has been secured to increase Lakewood processing capacity to 1.5Mtpa from 1.2Mtpa.
Read full ASX Announcement here.
Ariana Resources (ASX:AA2)
Dokwe Feasibility Study Advances Across Multiple Fronts
Ariana is advancing the Dokwe Feasibility Study with an independent MRE underway incorporating approximately 11,000m of recent RC and diamond drilling. Water bore drilling, metallurgical testwork and geotechnical work are progressing, while 2,300m of RC drilling is due to commence for infrastructure area sterilisation and associated exploration. Aeromagnetic and LiDAR surveys are also planned to support future exploration planning and targeting.
Read full ASX Announcement here.
Nelson Resources (ASX:NES)
Two Pathfinder Clusters Emerge At Cinnamon
Nelson has identified 2 coherent pathfinder clusters from 204 soil samples at the Cinnamon Property in Nevada. The stronger cluster comprises coincident W, Bi, Cu, Pb and Ag in the north-east, while a second cluster of elevated W, Sb and As sits in the north-west. Peak soil results include 525ppm Pb, 167.5ppm Sb, 10.10ppm Bi and 2.06ppm Ag. Follow-up work will include detailed prospecting, geological mapping and systematic rock-chip sampling at Sheba and Ophir.
Read full ASX Announcement here.
Cadoux Ltd (ASX:CCM)
Danube Resampling Pushes Zircon Mineralisation North
Cadoux has reported 9m @ 1.01% zircon, 0.13% monazite and 2.02% TiO₂ from 18m at DB0029, including 1m @ 2.32% zircon from 23m, extending mineralisation north of the June Exploration Target envelope. DB0030 returned 7m @ 0.62% zircon and DB0033, 1.4km north of the envelope, returned 4m @ 0.61% zircon. Further extension and infill drilling is planned subject to landholder agreements, with a Scoping Study targeted for Q2 2027.
Read full ASX Announcement here.
Litchfield Minerals (ASX:LMS)
Copper-Bearing Minerals Sharpen Sybil EM Target
Litchfield has identified visually observed chalcopyrite and nearby malachite staining at the Sybil P4 target, where the modelled conductor is approximately 400m long and 200m wide. Sulphide-bearing mafic rocks near Illogwa anomaly 26, together with an untested conductor and interpreted deep structural corridor, define another priority exploration target. Nineteen rock-chip samples have been submitted for laboratory analysis, with assays expected in approximately 3–4 weeks, while ground EM is being organised. The company cautions that the visual mineral identifications are preliminary and do not establish copper grade, continuity or economic significance.