The Day’s Play Edition 192: Nevada refinery secured, gold drilling begins and 27,000t manganese sale agreed | NRL, AT4, JRL
Northstone Resources (ASX:NRL)
Barje infill drilling confirms mineralization continuity ahead of maiden resource estimate
Results from 12 diamond holes totaling 1,341m at Barje, Serbia, confirm mineralization consistent with the existing geological model, including in lower-grade areas and along deposit margins. Highlights include 10.8m at 3.3 g/t AuEq from 68.0m in BAR056. Assays have now been reported for 31 of 33 initial infill holes, with the maiden JORC 2012 Mineral Resource Estimate on track for the December 2026 quarter.
Read full ASX Announcement here.
American Tungsten & Antimony (ASX:AT4)
Del Sol refinery acquisition completed in Nevada
AT4 has completed its acquisition of the Del Sol hydrometallurgical refinery in Nevada and 100% of Nexus Metals Pty Ltd. The refinery has previously demonstrated high-purity antimony metal production from US-mined material. Near-term priorities include advancing antimony processing and product qualification, progressing studies for proposed tungsten APT processing, and engaging prospective US customers. The separate White Spar acquisition remains subject to outstanding conditions.
Read full ASX Announcement here.
Jacaranda Natural Resources (ASX:JRL)
Globe gold drilling begins with 540m program
Jacaranda has commenced an 8-hole, approximately 540m diamond drilling program at its Globe Gold Project in Botswana, expected to take approximately 4 weeks. Drilling targets depth and strike extensions of known gold mineralization, including historical results of 3m at 5.17 g/t Au from 9m and rock-chip samples up to 26.5 g/t Au. Results will help refine the geological model and inform planned aeromagnetic and induced polarization (IP) surveys.
Read full ASX Announcement here.
Estrella Resources (ASX:ESR)
Binding manganese sale agreement covers 27,000 tonnes
Estrella has signed a binding sales agreement with Repusource for 27,000 tonnes of manganese ore from Ira Miri in Timor-Leste. Pricing is based on prevailing market rates, subject to quality adjustments, with specific terms confidential. Shipment is targeted within 30–45 days of contract execution and letter-of-credit execution, subject to further mutual agreement. Estrella holds a 70% interest in the joint venture, and the contracted tonnage represents the full joint venture parcel, not Estrella’s attributable share.
Read full ASX Announcement here.
Mithril Silver and Gold (ASX:MTH)
Copalquin-Zaragoza mineralization extends to 700m strike length
Mithril has extended known mineralization along the Copalquin-Zaragoza structure in Mexico from 550m to 700m of strike length. Highlights include 0.50m at 1,738 g/t AgEq and 1.15m at 1,048 g/t AgEq. Underground channel sampling at Mina del Aire returned up to 16.55 g/t gold and 616 g/t silver over 0.60m. Further drilling assays remain pending.
Read full ASX Announcement here.
PhosCo (ASX:PHO)
US Government-backed program targets Gasaat investment
The US Government has awarded CrossBoundary Group a US 1.5million grant to support investor engagement, commercial partnerships and technical expertise for PhosCo’s Gasaat phosphate projectin Tunisia. Over 2 years, the program aims to mobilize investment of up to US 100 million and provide access to engineering, phosphate processing and Tunisian legal expertise. The grant is awarded to CrossBoundary, not directly to PhosCo, and does not guarantee investment, financing or offtake agreements.
Read full ASX Announcement here.
Indiana Resources (ASX:IDA)
Company Well drilling intersects 18m gold zone
RC drilling at Company Well in South Australia returned 18m at 1.22 g/t gold and 11.11 g/t silver from 54m, including 1m at 5.20 g/t gold from 59m. The intersection was drilled approximately 40m down dip of an earlier aircore result of 19m at 1.22 g/t gold from 9m. Follow-up drilling returned more limited results, including 3m at 0.47 g/t gold at depth, with further geological interpretation required to assess mineralization continuity.
Read full ASX Announcement here.
Pivotal Metals (ASX:PVT)
Belleterre drilling tests new copper-nickel targets
Initial assays from 3 diamond holes at Lorraine Mine East in Quebec returned individual assay grades of up to 0.33% copper, 0.14% nickel and 2.5 g/t silver. The results confirm a magmatic mineralizing system approximately 1km east of the past-producing Lorraine Mine. Separately, reinterpretation of 3 historical induced polarization (IP) surveys defined a 1.4km untested IP anomaly extending from the known LaForce copper-nickel occurrence. Assays from 2 remaining Lorraine holes, drilled a further 800m east, are expected by early December.
Read full ASX Announcement here.
Alchemy Resources (ASX:ALY)
Yellow Mountain drilling intersects base-metal anomalism
2 RC holes at Yellow Mountain in New South Wales intersected multiple zones of anomalous copper, lead, zinc and silver, with intervals up to 25m wide. The holes tested part of a 750m-long induced polarization anomaly, most of which remains undrilled. Contractor operational issues halted the program after 2 of 15 planned holes, and Alchemy is seeking a replacement contractor to complete the remaining approximately 13 holes at Yellow Mountain and Overflow.