The Day's Play Edition 190: Challenger resource doubles, high-grade gold hits 68g/t | BGD, NMD, AQX
THE COIN TOSS
Barton Gold Holdings (ASX:BGD)
Challenger Underground Resource Doubles to 230koz
Barton Gold’s updated Challenger underground Mineral Resource Estimate more than doubles to 230koz at 3.65 g/t gold. Total Challenger resources now stand at 370koz, with combined Challenger and Tarcoola resources reaching 400koz. The update defines a new Challenger 3 deposit and upgrades Tarcoola stockpiles to the Indicated category. A Definitive Feasibility Study is underway to evaluate capital and operating costs for a potential Challenger restart using the existing Central Gawler Mill.
Read full ASX Announcement here.
Normandy Minerals (ASX:NMD)
Halleys Drilling Intersects 17m at 10.50g/t Gold
Normandy Minerals has reported 17m at 10.50g/t gold from 65m in its initial diamond drilling results at the Halleys deposit, including 5.2m at 26.53g/t from 76.8m. A second hole returned 1m at 10.20g/t from 60.8m. Multiple mineralised intervals support the company’s interpretation of a stacked, southeast-dipping lode system. Approximately 905m of diamond drilling has been completed, with further assays pending and a follow-up reverse circulation program scheduled to commence imminently.
Read full ASX Announcement here.
Alice Queen (ASX:AQX)
Horn Island Drilling Returns 68g/t Gold Intercept
Alice Queen has received assays from the first 11 holes of its Stage 1 reverse circulation drilling program at Horn Island, including 15m at 10.3g/t gold from 30m, with 1m at 68.0g/t. Other results include 83m at 1.2g/t from 73m. Step-out drilling intersected gold mineralisation beyond the existing resource boundary across an approximate 50–550m strike extent, with mineralisation remaining open to the northwest. Assays from the remaining 9 step-out holes are expected in 4–6 weeks.
Read full ASX Announcement here.
Pursuit Minerals (ASX:PUR)
Record 995mg/L Lithium Assay at Mito
Pursuit Minerals has reported final assays from drillhole DDH-3 at its Mito tenement in Argentina, returning a record lithium concentration of 995mg/L at Rio Grande Sur. 4 samples exceeded 900mg/L, while 8 exceeded 800mg/L. The peak result is 23% above the previously reported 809mg/L assay. High-grade results span multiple sampling intervals between approximately 400m and 510m, and DDH-3 ended in mineralisation at approximately 560m. Results from DDH-3 and DDH-4 at Demasia are expected to contribute to the next Mineral Resource update.
Read full ASX Announcement here.
Valiant Gold (ASX:VAL)
Boomerang Drilling Returns Multiple High-Grade Gold Intercepts
Valiant Gold has reported initial assays from the first 5 diamond holes at its Boomerang deposit, with all 5 returning multiple significant gold intercepts. Results include 6.0m at 5.70g/t gold from 469.0m, 4.1m at 7.93g/t from 287.4m, and 9.3m at 3.05g/t from 333.6m, including 0.3m at 52.90g/t. The targeted mineralised lodes were broadly intersected in expected positions, supporting the geological interpretation within the existing Mineral Resource footprint. Drilling continues under the 8,000m program, with further assays pending.
Read full ASX Announcement here.
Marquee Resources (ASX:MQR)
West Spargoville Lithium Samples Return Up to 2.65% Li₂O
Marquee Resources has reported 49 rock-chip samples from its West Spargoville Project, with 10 returning more than 1.0% Li₂O, including a peak of 2.65%. The results cover multiple mapped pegmatite trends and will inform follow-up drilling. Separately, the company has identified an approximately 2km untested gold-in-soil trend, supported by historical workings and rock-chip results including 1.20g/t gold from quartz-breccia float. Approximately 2,000m of reverse circulation drilling is being designed to test priority lithium targets, with initial gold testing proposed alongside the program, subject to final interpretation and approvals.
Read full ASX Announcement here.
Brookside Energy (ASX:BRK)
Suttles Wells Establish First Sales in Oklahoma
Brookside Energy has established first sales from its Sabres and Whalers wells at the operated Suttles Pad in Oklahoma. Both wells began producing hydrocarbons to sales during early flowback, with cleanup operations continuing as completion fluids are recovered. Brookside holds an approximately 70% working interest in each well. Their addition brings the company’s operated producing well count in the SWISH Play to 11. Peak 24-hour and 30-day average production rates will be reported once sufficient representative data are available.
Read full ASX Announcement here.
Estrella Resources (ASX:ESR)
Ira Miri Receives Export Approval for Manganese Bulk Sample
Estrella Resources has received Timor-Leste government authorization to export its approximately 27,000-tonne Ira Miri manganese bulk sample through the Tenu Port Facility. Causeway construction is underway, with manganese being moved to the loading area ahead of shipment. Binding sales terms and shipment arrangements remain to be finalized. The approval applies only to the bulk sample and does not authorize ongoing commercial mining or establish a completed sale or recognized revenue.
Read full ASX Announcement here.
Pantera Minerals (ASX:PFE)
Pantera Completes 470km² Corona Gold Acquisition
Pantera Minerals has completed its acquisition of 100% of the Corona Gold Project in Western Australia after satisfying all conditions, including ministerial consent. The project hosts an interpreted 8km gold-in-bedrock anomaly, untested auger gold anomalies and historical drilling results including 6m at 1.50g/t gold. Consideration totaled $200,000, comprising $40,000 cash and $160,000 in shares issued at $0.01514, plus a 2% aggregate gross revenue royalty with a buy-back option. Next steps include heritage and access engagement, close-spaced soil sampling and ranked aircore and RC drilling.
Read full ASX Announcement here.
Clever Culture Systems (ASX:CC5)
3 APAS® Instruments Sold and Invoiced in Q1
Clever Culture Systems completed and fully invoiced 3 APAS® Independence instrument sales in Q1 FY27 to existing customers Novo and AstraZeneca. A new Top-20 global pharmaceutical company is expected to begin a paid evaluation in Q2 FY27, while 2 existing pharmaceutical customers are progressing toward purchase orders expected in Q2. A separate single-site pharmaceutical manufacturer is in final purchase-commitment discussions. These opportunities underpin the company’s expectation for 8 sales and new evaluations in H1 FY27, with conversions subject to customer decisions and timing.
Read full ASX Announcement here.
Strata Minerals (ASX:SMX)
Magnetic Survey Identifies New Gold Targets at Zelica
Strata Minerals has completed a high-resolution airborne magnetic survey across its 100%-owned Zelica Gold Project, covering approximately 27.8km² at 50m line spacing. Interpretation identified multiple untested structural trends similar to known gold mineralisation, including a further 1.5km of prospective strike at West Nest beyond the existing 550m surface gold anomaly. Less than 15% of the 9.5km Zelica gold corridor has been systematically tested. Follow-up surface geochemistry is planned to prioritise targets for potential drilling.
Read full ASX Announcement here.
Australian Gold and Copper (ASX:AGC)
Historic Sampling Adds Gold Intercepts at Evergreen
Australian Gold and Copper has received assays for 2,161 historical drill-core and RC samples, identifying gold mineralisation across an approximately 1.9km corridor from Kelpie Hill through Evergreen to beyond Windmill Dam. Results include 3m at 2.0g/t gold from 99m, including 1m at 4.2g/t, and 6m at 1.1g/t from 155m. Further historical samples remain to be tested, with assays pending from a 21-hole RC campaign targeting Hillston. Approvals are being sought for a further 3,000m of RC drilling at Evergreen.