The Day's Play Edition 175: 7.5% CuEq hit, 7.31g/t gold and 400m copper continuity | QML, DAL, BOA
THE COIN TOSS
QMines (ASX:QML)
Pontoon Drilling Hits High-Grade Copper-Gold
First 2 pontoon holes beneath the flooded Mt Chalmers pit returned broad copper-gold-silver mineralisation, including 16.7m at 1.04% Cu, 1.16g/t Au and 26g/t Ag. Both holes returned CuEq grades approximately 20% above the 2024 Mineral Resource block model, including a 2.7m interval at 7.5% CuEq. Assays remain pending for a further 37 holes.
Read full ASX Announcement here.
Dalaroo Metals (ASX:DAL)
Maiden Drilling Strikes 18m of High-Grade Gold
The first 2 RC holes at Bondoukou Gold Ridge returned 18m at 7.31g/t Au from 63m, including 12m at 8.66g/t Au, and 23m at 2.14g/t Au from surface. The results are the first systematic drilling across the approximately 7km Gold Ridge corridor, with only 2 holes reported from the initial 24-hole orientation phase within the broader 102-hole, approximately 12,000m program.
Read full ASX Announcement here.
BOA Resources (ASX:BOA)
Ricci Lee Copper System Builds Stronger Continuity
High-grade copper has now been intersected in 20 of 23 RC holes reported at Ricci Lee, with continuity demonstrated over more than 400m of strike and down dip. New results include 10m at 3.60% Cu, including 6m at 5.57% Cu, and 22m at 1.74% Cu, including 10m at 2.81% Cu. Assays remain pending for a further 23 RC holes.
Read full ASX Announcement here.
Tyranna Resources (ASX:TYX)
Coola Samples Define Rare Earths-Niobium Drill Targets
Historic data from approximately 1,084 soil samples at Coola includes 185 samples above 1.5% TREO, with a peak of 13.18% TREO, while 25 samples exceeded 2% Nb₂O₅, with a peak of 3.9%. Rock chips returned up to 4.85% TREO and 2.85% Nb₂O₅. Drilling is planned for Q2 2027, subject to the wet season.
Read full ASX Announcement here.
Barton Gold Holdings (ASX:BGD)
Final Tunkillia Assays Deliver Broad High-Grade Gold
Final Phase 2 assays continue to deliver broad, high-grade intersections across Tunkillia’s ‘Starter Pits’, including 26m at 2.79g/t Au, 21m at 4.13g/t Au and 53m at 2.51g/t Au. The 38,760m Phase 2 program covered 311 RC holes, with additional high-grade results including 2m at 16.75g/t Au and 14m at 3.80g/t Au. The results complete the Phase 2 assay program, with updated gold and silver JORC Mineral Resource Estimates to follow. Barton is targeting PFS delivery in Q1 CY27 to support a Mining Lease application thereafter.
Read full ASX Announcement here.
Alligator Energy (ASX:AGE)
Blackbush Uranium Trend Extends Another 1km
The interpreted Blackbush mineralised trend has been extended by approximately 1km, with 2 adjacent holes returning 5.2m at 1,498ppm eU₃O₈ and 6.6m at 1,245ppm eU₃O₈ above the 250ppm cut-off. The drilling confirms continuation of the channel between Blackbush and Plumbush, with more than 9,000m across 91 holes completed under the Samphire Growth Strategy.
Read full ASX Announcement here.
Stellar Resources (ASX:SRZ)
High-Grade Tin Extends 150m Beyond Severn Resource
Hole ZM194 intersected multiple tin zones outside the current Severn Resource, including 3.9m at 0.82% Sn with 2.1m at 1.40% Sn, approximately 150m north of the resource and along trend toward the Montana Resource. Follow-up drilling is underway below ZM194, while PFS work continues to assess the Severn extensions and Montana.
Read full ASX Announcement here.
Corazon Mining (ASX:CZN)
High-Grade Wembley Drilling Secures 80% Feather Cap
Corazon has exercised its option to acquire an 80% interest in Feather Cap following maiden Wembley drilling that returned 4m at 10.60g/t Au and 4m at 9.20g/t Au. The best intersection sits approximately 60m east of historic drilling, with the mineralised structure remaining open at depth. Follow-up drilling is being designed to test strike and depth extensions.
Read full ASX Announcement here.
Auric Mining (ASX:AWJ)
Union Jack Acquisition Adds 102,000oz Gold Resource
The completed Union Jack acquisition includes the granted M15/120 mining lease and an Inferred Mineral Resource of 3.12Mt at 1.02g/t Au for 102,000oz. The combined resource inventory increases to 7.5Mt at 1.25g/t Au for 301,000oz. Major infill and resource expansion drilling is scheduled for November 2026.
Read full ASX Announcement here.
Power Minerals (ASX:PNN)
Niobium Study Confirms Pyrochlore Up to 73.9%
A mineralogical study confirmed that niobium at Santa Anna is hosted in niobium-rich pyrochlore, with analysed mineral compositions reaching up to 73.9% Nb₂O₅. The study covered 38 drill core samples and 118 analyses, with the results to support planned metallurgical testwork. Additional geophysical surveys are also planned.
Read full ASX Announcement here.
PhosCo (ASX:PHO)
STUDI Partnership Brings $1.4M Strategic Investment
PhosCo has entered a non-binding MOU with Tunisian engineering group STUDI International covering potential engineering, infrastructure and project-management support for the Gasaat Phosphate Project. Subject to formal documentation, STUDI will subscribe for 9,523,810 shares at $0.15 for $1.4M, plus 9,523,810 attaching options exercisable at $0.20 and expiring 29 June 2029. Funds are intended for exploration and studies, permitting and working capital.
Read full ASX Announcement here.
Lux Copper (ASX:LUX)
Baird Drilling Intersects Broad Visual Copper Zones
All 3 maiden diamond holes at Baird intersected broad zones of visual copper mineralisation, including 26.6m from surface and 9.1m at depth in DDBA26-001, and 32.2m from surface in DDBA26-003. The visual observations are not laboratory assays, with analytical results expected in November. Drilling is paused for 2026, with a larger multi-rig program planned to recommence in March 2027.