The Day's Play Edition 188: Copper hits 16.3%, high-grade gold and tungsten results | WCN, ARI, PEC
THE COIN TOSS
White Cliff Minerals (ASX:WCN)
Bornite Hills Drilling Returns 16.3% Copper Peak Assay
White Cliff Minerals reported 15.0m at 1.62% copper and 11.5m at 2.00% copper, including 1.0m at 10.16%, with a peak assay of 16.3% copper over 0.56m, at Bornite Hills within its Rae Copper Project.
Mineralisation extends more than 60m below a historical trench result of 3.66m at 46.99% copper. The interpreted host structure extends approximately 1.3km and remains open. Follow-up drilling is planned for early 2027.
Read full ASX Announcement here.
Arika Resources (ASX:ARI)
Champion Drilling Intersects 19m at 7.99g/t Gold
Arika Resources reported 19m at 7.99g/t gold from 111m at the Champion Gold Mine within its Kookynie Gold Project, including 6m at 15.87g/t gold.
The results identify a previously unrecognised high-grade lode in an interpreted cross-cutting structure approximately 10–20m above the historical Champion Main Reef. Drilling continues across Kookynie, with the rig scheduled to move to Yundamindra to prepare for diamond drilling at Pennyweight Point. Approximately 8,500 samples remain awaiting assays.
Read full ASX Announcement here.
Perpetual Resources (ASX:PEC)
Underground Tungsten Samples Return Up to 12.03% WO₃
Perpetual Resources reported underground samples grading up to 12.03% WO₃ at its Nevada Scheelite Project. 8 of 9 underground samples exceeded 1% WO₃, including 5 above 4%, confirmed by laboratory analysis.
Underground LiDAR surveying is complete, and the company is integrating the data with historical mine plans, drilling data and assay results to develop a 3D geological model and identify priority targets for its planned maiden modern drilling program. Drilling arrangements are expected to be confirmed in the coming weeks.
Read full ASX Announcement here.
TG Metals (ASX:TG6)
Burmeister Drilling Intersects 12.35m at 1.53% Li₂O
TG Metals reported multiple lithium intersections from 5 diamond drill holes totalling 759.9m at the Burmeister deposit within its Lake Johnston Lithium Project in Western Australia. Results include 12.35m at 1.53% Li₂O from 197.25m, alongside additional high-grade intersections.
The drilling targeted infill within the existing Inferred Mineral Resource of 6.71Mt at 1.18% Li₂O and tested extensions at depth below the defined DSO pit shell. All 6 composite samples exceeded the nominal 1.2% Li₂O DSO specification without ore sorting and have been sent to potential offtake and financing partners for assessment.
Read full ASX Announcement here.
Resolution Minerals (ASX:RML)
Gold Zone Extends at Least 500m at Golden Gate North
Resolution Minerals reported broad gold intersections from 3 diamond drill holes at Golden Gate North within its Horse Heaven Project in Idaho, USA. Results include 324m at 0.49g/t gold and 322m at 0.37g/t gold, both from surface.
The interpreted mineralised zone extends at least 500m in length, is at least 200m wide and remains open in both directions and at depth. Further gold assays from Golden Gate North and South, together with tungsten results, are pending.
Read full ASX Announcement here.
Bubalus Resources (ASX:BUS)
Bubalus Agrees to Acquire 494km² Tasmanian Copper-Gold Project
Bubalus Resources signed a binding agreement to acquire 100% of the Skyline Copper-Gold Project in western Tasmania, comprising 5 granted licences covering approximately 494km².
Historical drilling at Jukes returned 132.0m at 0.35% copper and 0.19g/t gold. The proposed A$2.5 million first-year exploration program includes 4,000m of diamond drilling at Jukes and Hydes. Completion is subject to conditions, including a proposed A$2.835 million capital raising.
Read full ASX Announcement here.
Pinnacle Minerals (ASX:PIM)
Pinnacle Agrees to Acquire 5 Utah Tungsten Projects
Pinnacle Minerals signed a binding agreement to acquire 100% of APT Tungsten, which holds an exclusive option over 5 Utah tungsten projects covering approximately 4,000 acres across 199 mining claims.
Selective historical rock-chip samples at Lone Pine returned up to 12.25% tungsten, equivalent to 15.45% WO₃; these results are not representative of grade or continuity. The acquisition is accompanied by a proposed placement of up to A$1.3 million. Exploration is planned to commence in January 2027, subject to completion and shareholder approval.
Read full ASX Announcement here.
Raptor Metals (ASX:RAP)
Historic Chester Assays Support Resource Update
Raptor Metals reported multi-element assay results from 806.52m of historical diamond drill core across 22 holes at its 100%-owned Chester Project in New Brunswick, Canada.
Results include 22.0m at 2.14% copper and 28.0m at 1.67% copper, alongside zinc, lead and silver mineralisation. The additional data will support an updated Mineral Resource Estimate for the existing 6.685Mt at 1.07% copper resource. Resource-extension drilling is proposed for 2027, following updated geological modelling and target prioritisation.
Read full ASX Announcement here.
Alchemy Resources (ASX:ALY)
Newcam Secures 60% Interest in Bryah Iron Ore Assets
Alchemy Resources executed a binding joint venture agreement with Newcam Minerals, which has earned a 60% interest in the Valley Bore and Old Highway iron ore prospects in Western Australia. Alchemy retains a 40% interest, free-carried through to a Decision to Mine, with Newcam to manage the joint venture.
Historical drilling at Valley Bore returned 50m at 62.5% iron from 17m. The joint venture's first Management Committee meeting is scheduled for late October 2026 to approve an exploration budget, including flora and fauna surveys and planned drilling.
Read full ASX Announcement here.
Diablo Resources (ASX:DBO)
Cupric Sampling Returns Tungsten and High-Grade Copper Results
Diablo Resources completed 27 first-pass surface grab and channel samples at the Cupric Tungsten Prospect within its Horn Project in Utah, USA. Results included up to 0.37% WO₃, while channel samples returned 4.5m at 1.26% copper and 0.46g/t gold. A grab sample from historical workings returned 12.5% copper, 3.29g/t gold and 398g/t silver.
The company is progressing underground sampling, mapping and surveying of historical mine workings to refine targets ahead of its maiden drilling program scheduled for Q1 2027.
Read full ASX Announcement here.
Tartana Minerals (ASX:TAT)
Selective Samples Return High-Grade Copper, Bismuth and Tin
Tartana Minerals reported results from 21 selective surface samples across its Herberton Project and Ortona in North Queensland. Highlights include 26.7% copper and 160g/t silver at Ortona, 13.3% copper and 11.5% bismuth at Muirson Pinnacle, and 6.14% tin at Daisy Bell.
The results will inform further mapping, sampling and target assessment. Samples from historic workings and mullock are selective and do not represent average in-situ grades or establish mineralisation continuity.
Read full ASX Announcement here.
Regener8 Resources (ASX:R8R)
Largest Soil Anomaly to Date Defined at Srebrenica North
Regener8 Resources identified a 1,500m by 900m silver-zinc-lead-antimony soil anomaly at Gradina on its Vagan licence in Bosnia and Herzegovina. Peak results included 3,520ppm combined zinc and lead, 7.3g/t silver and 110ppm antimony.
Follow-up work includes geological mapping, rock sampling and ground magnetic surveying. Trenching and first-pass drilling remain subject to results and approvals. No drilling has been completed at Srebrenica North.