The Day's Play Edition 177: Spargoville resource jumps 102%, TREO extends at Nathace Hill | AAR, AKN, PMM
THE COIN TOSS
Astral Resources (ASX:AAR)
Spargoville Resource Jumps 102% to 281koz
Astral has increased the Spargoville Gold Project MRE by 102% to 8.5Mt at 1.0g/t Au for 281koz of contained gold following re-estimation of the Spiders, Eagles Nest, 8500N and 5B deposits. The update takes the Group MRE to 67Mt at 1.0g/t Au for 2.21Moz, with the Spargoville update achieved using 16,000m of new RC drilling since acquisition. Drilling at Spargoville is expected to resume next quarter.
Read full ASX Announcement here.
AuKing Mining (ASX:AKN)
High-Grade TREO Extends Across Nathace Hill
AuKing has reported multiple high-grade TREO intersections across the western, north-east and south-west areas of Nathace Hill, extending mineralisation beyond the previously interpreted footprint. Results include 59m at 1.51% TREO from 13m in 26NH001, including 24m at 2.02%, 17m at 2.46% and 5m at 2.96%. Further results include 47m at 1.50% TREO from 26m in 26NH006 and 36m at 1.50% from 85m in 26NH030. A 1,000m diamond hole is being planned in the core area, with further assays expected.
Read full ASX Announcement here.
Pioneer Minerals (ASX:PMM)
Pioneer Targets San Francisco’s High-Grade Polymetallic System
Pioneer has entered staged option agreements to acquire the San Francisco Gold-Copper-Silver Project in San Juan, Argentina, where 47 historical diamond holes have tested the San Francisco breccia over approximately 13,332m. Historical drilling includes 109m at 4.94g/t Au, 109g/t Ag and 1.13% Cu, while deeper results include 72m at 3.47% Cu, 100g/t Ag and 0.71g/t Au. The broader project area contains more than 70 breccias and more than 130 veins, with only 9 breccias and 1 vein system historically drill tested.
Read full ASX Announcement here.
Lunnon Metals (ASX:LM8)
Lady Herial Drilling Returns Thick High-Grade Gold
Lunnon has reported further high-grade gold results from drilling targeting extensions of the Lady Herial Upper Structure and Northwest Prospect at St Ives. Results include 16m at 9.14g/t Au from 44m, 10m at 4.45g/t from 55m and 14m at 2.87g/t from 39m. The drilling is designed to improve confidence in known mineralisation, while the Northwest Prospect is also being assessed for its potential to reduce the strip ratio of a potential cut-back. Updated MREs will incorporate the latest drilling before open-pit optimisation and finalisation of the Scoping Study.
Read full ASX Announcement here.
Aurum Resources (ASX:AUE)
Boundiali Drilling Extends Gold Across 3 Deposits
Aurum has reported results from 60 diamond holes totalling 10,649.85m across BMT1, BMT2 and BMT3 at the Boundiali Gold Project in Côte d’Ivoire. Results include 29m at 2.08g/t Au from 167m at BMT1, 5.85m at 8.77g/t from 335.15m at BMT3 and 18.50m at 2.54g/t from 49.50m at BMT3. Drilling has intersected mineralisation outside the current MRE, with mineralisation remaining open along strike and at depth. A Boundiali MRE update is targeted for early Q4 CY2026, with the DFS expected in late CY2026.
Read full ASX Announcement here.
Dalaroo Metals (ASX:DAL)
Dalaroo Targets Extensions of 18m High-Grade Gold Zone
Dalaroo will undertake a 5-hole, approximately 1,250m follow-up RC programme at the Wilfred prospect within the Bondoukou Gold Ridge Project in Côte d’Ivoire. The programme follows BDRC002, which returned 18m at 7.31g/t Au from 63m, including a second zone of 16m at 1.46g/t from 113m. BDRC001 also returned 23m at 2.14g/t Au from surface. The follow-up drilling is designed to test the orientation, continuity and geometry of the mineralisation, with the programme expected to commence following rig mobilisation in mid-to-late October.
Read full ASX Announcement here.
AXP Energy (ASX:AXP)
AXP Agrees US$225K Deal for 7-Well Oklahoma Portfolio
AXP has entered a conditional agreement to acquire 7 previously producing wells and associated production and water disposal infrastructure across approximately 400 acres adjoining its Edwards Lease in Noble County, Oklahoma. The purchase price is US$225K, plus assumption of plugging, abandonment and restoration obligations, subject to adjustments, due diligence and completion conditions. Following completion, AXP plans to recomplete the wells in the Mississippian Lime formation at an estimated US$150K per well. Successful recompletions could provide earlier production cash flow to support further development across its expanded Oklahoma lease position.
Read full ASX Announcement here.
Chilwa Minerals (ASX:CHW)
Mpyupyu West Grid Confirms 17km² Mineralised Footprint
Chilwa has completed 218 holes for 2,292m at Mpyupyu West, representing 80% of its planned 272-hole Phase I resource drilling programme. Drilling has intersected mineralised, free-dig saprolite across the 17km² target area, with the base of the mineralised interval now estimated at an average 8.6m. The first 2 batches of samples have been shipped for sink-float assay to determine total heavy mineral content, with results expected in late October and a maiden Exploration Target expected thereafter.
Read full ASX Announcement here.
Solara Minerals (ASX:SLA)
Myrnas Hill Returns 7.05g/t Gold from Quartz Vein
Solara has reported reconnaissance rock-chip results from the Myrnas Hill prospect in Western Australia, including 7.05g/t Au and 3.28g/t Ag from SLMH002 and 1.85g/t Au and 1.08g/t Ag from SLMH007. The samples were taken from an east-west trending quartz vein that is traceable for more than 400m. SLMH007 was collected approximately 370m east of the prospect, where the quartz vein remains undrilled along strike. Historical drilling has also returned anomalous gold intercepts along the same trend.