The Day's Play Edition 180: Rare earths grade 7.7%, PGM mineralisation starts at surface, gold runs 364m | PNN, TM1, TTM
THE COIN TOSS
Power Minerals (ASX:PNN)
Rare Earth Drilling Intersects 91m at 7.7% TREO from Surface
Drill hole MFSR-055 at the Morro do Ferro Project in Brazil returned 91m at 7.7% total rare earth oxides (TREO), including 1.4% magnet rare earth oxides (MREO), from surface. The interval includes 62m at 11.1% TREO and 2.0% MREO from surface, and 23.1m at 17.5% TREO and 3.2% MREO from 13m. A 2m sample at 22.6% TREO was recorded from 25m. Further assays from parts of MFSR-055 and MFSR-054 remain pending, with drilling continuing to improve the understanding of mineralisation continuity and support future resource estimation.
Read full ASX Announcement here.
Terra Metals (ASX:TM1)
Drilling Intersects 200m of PGM Mineralisation from Surface
Shallow RC drilling at the Southwest prospect returned 200m at 0.75g/t PGE3 and 0.16% nickel from surface in hole SWRC105, including 35m at 1.11g/t PGE3, 0.12% copper and 0.21% nickel from 4m. Hole SWRC106 returned 194m at 1.01g/t 3E and 0.17% nickel from 15m. The announcement also reported diamond drilling results supporting continuity of mineralised reefs at depth. Further drilling, metallurgical testwork and resource definition work are continuing, with a maiden Mineral Resource Estimate targeted for Q1 2027. Intersections are downhole lengths, and true widths have not been established.
Read full ASX Announcement here.
Titan Minerals (ASX:TTM)
Dynasty Drilling Delivers 363.8m Gold Intercept at Kaliman
Titan reported broad gold and polymetallic mineralisation from resource drilling at its Dynasty Gold Project in Ecuador. At Kaliman, hole CVDD25-191 returned 363.8m at 0.5g/t gold, including 24.7m at 2.5g/t gold. At Cerro Verde, CVDD25-195 returned 184.4m at 0.8g/t gold from 3.6m, including 11m at 7.6g/t gold from 53m. At Brecha-Comanche, CVDD26-215 returned 34.4m at 2.9g/t gold, 13.9g/t silver and 0.17% copper from 202.3m, including 9.6m at 3.7g/t gold, 34.8g/t silver and 0.52% copper. The resource drilling programme has expanded to 20,000m, with a resource update and Scoping Study expected in Q1 2027.
Read full ASX Announcement here.
Cannindah Resources (ASX:CAE)
75m at 1.17% CuEq Extends Southern Shoot 50m North
Diamond wedge hole 26CRD009W intersected a partial 75m interval at 1.17% copper equivalent (CuEq) from 213m at the Cannindah Breccia resource, comprising 0.30% copper, 1.02g/t gold and 8.60g/t silver. The interval includes 18m at 1.53% CuEq from 216m and 17m at 1.35% CuEq from 249m. The company said the result extends the Southern Shoot high-grade zone approximately 50m north. Further assays are awaited up hole. Two rigs are continuing resource expansion drilling, with assays pending from 11 additional extensional holes.
Read full ASX Announcement here.
Koba Resources (ASX:KOB)
Maiden Drilling Hits 15m at 2.0% Tin at Gilmore
Maiden drilling at the historical Gilmore Tin Mine in North Queensland returned 29m at 1.2% tin, 0.36% copper, 0.017% tungsten trioxide and 22g/t silver from 111m in hole MGRC011. The interval includes 15m at 2.0% tin, 0.58% copper, 0.020% tungsten trioxide and 33g/t silver from 117m, including 2m at 6.3% tin from 126m. Hole MGRC013, approximately 230m east, returned 5m at 0.58% tin from 9m. At the Stannex prospect, 21 broadly spaced holes returned tin mineralisation across 2km of strike. Follow-up drilling is planned, with initial Gilmore holes targeted before year end.
Read full ASX Announcement here.
Strata Minerals (ASX:SMX)
Maiden Zelica Resource Defines 42,000oz Gold
Strata reported a maiden JORC 2012 Mineral Resource Estimate of 814,000 tonnes at 1.61g/t gold for 42,000oz at its 100% owned Zelica Gold Project in Western Australia, using a 0.5g/t gold cut-off. The estimate comprises 28,500oz at 1.69g/t gold classified as Indicated and 13,500oz at 1.46g/t classified as Inferred. The resource is constrained within an optimised pit shell using a gold price assumption of A$5,500/oz, with mineralisation remaining open at depth and along strike. BML Ventures is responsible for funding pre-development, development and mining activities under a Mining Services and Profit Share Agreement, conditional on agreement to a mine plan and budget and an ore tolling agreement.
Read full ASX Announcement here.
Latitude 66 (ASX:LAT)
KSB Diamond Drilling Targets Gold and Cobalt Extensions
Latitude 66 has commenced an approximately 2,500m diamond drilling programme at its KSB Gold-Cobalt Project in northern Finland. The programme is targeting extensions near the K1 deposit, where a modelled conductor extends approximately 320m along strike and up to 650m down dip beyond the existing resource envelope. KSB currently hosts a global Mineral Resource of 7.3Mt at 2.7g/t gold for 650,000oz, and 0.08% cobalt for 5,840t of contained cobalt, with approximately 90% classified as Indicated. Historical drilling around the conductor margins returned results including 5.6m at 7.3g/t gold. Drilling is progressing alongside the project’s Prefeasibility Study.
Read full ASX Announcement here.
Aureka (ASX:AKA)
Scout Drilling Intersects Gold 725m North of Resolution Lode
Irvine drill hole RD057 returned two gold intervals within a conceptual Exploration Target approximately 725m along strike and trend to the north-northwest of the 358,000oz Resolution Mineral Resource. Results included 4.25m at 1.42g/t gold from 173m, including 1.5m at 3.16g/t from 173.3m, and 5.65m at 0.83g/t gold from 341.5m, including 0.85m at 3.19g/t from 343.3m. The company said the intervals identify two mineralised zones and are consistent with a structural setting similar to Resolution. RD057 is the first drill hole targeting along-trend mineralisation within the conceptual target; further work is required to assess the potential for additional mineralisation.
Read full ASX Announcement here.
Lion Rock Minerals (ASX:LRM)
Minta Est Drilling Returns Up to 3.62% Calculated Monazite in Recovered HMC
Initial results from 69 of 761 drill holes at Minta Est returned up to 1.94% TREO and 3.62% calculated monazite in recovered heavy mineral concentrate (HMC). Intervals containing more than 0.5% TREO and 1% calculated monazite were reported in 28 of the 69 holes. The campaign covers approximately 50 linear kilometres and generated 3,666 samples. Composite samples returned neodymium-praseodymium at approximately 24% of TREO and dysprosium-terbium at approximately 1%. Preliminary magnetic separation tests reported 75.6% and 84.1% of calculated TREO in middlings representing 15.38% and 26.61% of recovered HMC mass. These are preliminary concentrate results, not confirmed in situ grades; the company says in situ assays and further concentrate results are pending.
Read full ASX Announcement here.
Nelson Resources (ASX:NES)
Gold Point Soil Sampling Identifies Multiple Geochemical Targets
First-pass soil sampling across the southern Gold Point licence in Nevada identified multiple geochemical target areas. Gold in soil reached 298ppb, with the announcement also reporting elevated silver and pathfinder elements. Copper-silver-bismuth anomalies were identified near the Greens Camp copper oxide showing, approximately 1km east of the Le Champ target, while bismuth-lead-tellurium-tungsten anomalies occur along the Ora May and North Star sheeted-vein trend. Molybdenum reached 44ppm and tungsten 10ppm; soil copper reached 143ppm. A drill rig was in transit, with drilling expected to commence in the coming weeks. These are early-stage geochemical indicators, not evidence of an economic deposit.
Read full ASX Announcement here.
Evergold Minerals (ASX:EG1)
Mt Monger Aircore Drilling Defines 4 Gold Prospects
Evergold Minerals completed its 2026 Mt Monger aircore programme, with all assays received and reviewed across 262 holes for 6,357m. Results included 10m at 0.31g/t gold from 48m at Paladin, 3m at 0.37g/t from 36m at Hickman’s Find and 8m at 0.29g/t from 12m at Gladiator. Previously reported Vanguard results included 19m at 0.86g/t gold from 28m, including 4m at 2.37g/t from 40m. The programme identified 4 drill defined gold prospects: Paladin, Hickman’s Find, Gladiator and Vanguard. RC follow up is planned at Paladin, Hickman’s Find and Gladiator, while resource definition drilling at Duchess of York will also follow up Vanguard and Kiaki Soaks. Metallurgical testwork at Duchess of York is underway, with recovery results expected within 4 weeks.
Read full ASX Announcement here.
Streamplay Studio (ASX:SP8)
New Mobile Game Passes 111,000 Google Play Downloads
Streamplay’s wholly owned subsidiary Noodlecake has launched Yes, Your Grace 2: Snowfall on Apple iOS and Google Play. Apple selected the title as one of seven games highlighted during App Store Indie Games Week. The game has recorded more than 111,000 downloads on Google Play since launch, with Apple App Store figures still to come. The original Yes, Your Grace exceeded 1.6 million mobile installs and A$1 million in revenue, including Google Play Pass royalties.