The Day’s Play Edition 99: Maiden resources, gold discoveries and lithium resource growth | PTR, GG8, CHR

THE COIN TOSS

PTR - PTR Minerals delivered a maiden Rosewood Mineral Resource of 463Mt at 8.8% HM containing 40.6Mt of heavy minerals.

GG8 - Gorilla Gold delivered a new shallow gold discovery at Lady Margaret and extended high-grade mineralisation at the Sovereign deposit.

CHR - Charger Metals expanded the Medcalf Lithium Resource 34% to 10.6Mt at 1.0% Li₂O and defined a maiden tantalum resource.

SKY - Sky Metals extended shallow tin-tungsten-silver mineralisation beyond the current Tallebung Mineral Resource with multiple high-grade drill intersections.

DRE - Dreadnought Resources lifted Metzke’s Find Indicated gold ounces 94%, with 84% of the Resource now classified as Indicated and total ounces increasing 67%.

CHW - Chilwa Minerals expanded the Mpyupyu West heavy mineral sands discovery footprint from approximately 5km² to more than 17km².

LDR - Lode Resources confirmed high-grade antimony mineralisation at Rock Abbey and defined extensive soil anomalies across a 1,000m strike length.

OD6 - OD6 Metals expanded the Quinn Fluorspar Project to 226 mining claims, adding four project areas and nine historic fluorspar occurrences.

LM1 - Leeuwin Metals identified multiple significant historical gold intercepts outside the current Marda Mineral Resource across Red Boomerang and Deception Hill.

KLI - Killi Resources secured drilling approvals for the Lodestone Iron Project, clearing the final regulatory hurdle before resource expansion drilling.

CRR - Critical Resources validated high-grade tungsten mineralisation at Granite Creek with channel sampling returning up to 16.63% WO₃.

PTR Minerals (ASX:PTR)

Rosewood Maiden Resource Delivers 463Mt At 8.8% HM

THE PLAY

• Rosewood Maiden Mineral Resource totals 463Mt at 8.8% HM.

• The Resource contains 40.6Mt of contained heavy minerals.

• Approximately 57% of the Resource is classified as Indicated.

• Rosewood East contains 294Mt at 9.7% HM containing 28.5Mt HM.

• At an 8% HM cut-off, the Resource totals 208Mt at 13.5% HM.

THE PITCH

• Rosewood is a heavy mineral sands deposit within the Muckanippie Project.

• The Resource comprises Indicated and Inferred Mineral Resources.

• Valuable heavy minerals account for 93% of total heavy minerals.

• Leucoxene accounts for 75% of the heavy mineral assemblage.

• Mineralisation occurs within a single shallow and continuous deposit.

THE NEXT OVERS

• Work is planned to increase portions of the Resource to Measured classification.

• Pit optimisation and mine scheduling studies are underway.

• Exploration will assess extensions to Rosewood and additional project targets.

Read full ASX Announcement here.

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Gorilla Gold (ASX:GG8)

New Shallow Gold Discovery Emerges At Lady Margaret

THE PLAY

• Initial Lady Margaret drilling returned 2.0m at 5.9g/t Au from 18.0m.

• Lady Margaret is located 1km west of the Sovereign deposit.

• Drilling extended high-grade gold mineralisation at the Sovereign deposit.

• STEX189 returned 7.6m at 5.1g/t Au from 251.3m.

• STEX192 returned 1.2m at 31.5g/t Au from 69.1m.

THE PITCH

• Sovereign hosts a Mineral Resource of 410,000oz at 4.3g/t Au.

• The Comet Vale Project hosts a Mineral Resource of 860,000oz at 3.7g/t Au.

• The project forms part of the North Kalgoorlie Hub resource base.

• Gold mineralisation at Sovereign is hosted within quartz-sulphide vein systems.

• Mineralised zones occur within shear zones along lithological contacts.

THE NEXT OVERS

• Numerous Lady Margaret drill holes are currently with the laboratory.

• Four drill rigs remain active at Comet Vale.

• Additional assay results are expected on an ongoing basis.

Read full ASX Announcement here.

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Charger Metals (ASX:CHR)

Medcalf Lithium Resource Grows 34% To 10.6Mt

THE PLAY

• Medcalf Inferred Lithium Resource increased 34% to 10.6Mt at 1.0% Li₂O.

• Recent drilling supported the revised Mineral Resource Estimate.

• The revised lithium resource contains 107ppm Ta₂O₅.

• A new Medcalf Tantalum Resource totals 2.2Mt at 132ppm Ta₂O₅.

• Medcalf West hosts an Exploration Target of 3–5Mt at 1.0%–1.4% Li₂O.

THE PITCH

• Medcalf is a 100%-owned spodumene deposit within the Lake Johnston Project.

• The lithium resource is classified as an Inferred Mineral Resource.

• The total Medcalf Mineral Resource comprises 12.8Mt at 0.87% Li₂O.

• Medcalf remains open along strike and at depth.

• The project is located approximately 200km from Esperance Port.

THE NEXT OVERS

• Further drilling is planned at Medcalf West following permit approval.

• Metallurgical studies on recent diamond core samples are progressing.

• Mining and processing studies are underway at Lake Johnston.

Read full ASX Announcement here.

Sky Metals (ASX:SKY)

Shallow High-Grade Zones Extend Beyond Current Resource

THE PLAY

• Drilling identified a new shallow tin-tungsten-silver zone outside the current MRE.

• TBRC428 returned 34m at 0.27% tin, 0.03% tungsten and 57.7g/t silver.

• TBRC436 returned 14m at 0.58% tin and 0.04% tungsten from 1m.

• TBRC427 returned 9m at 0.54% tin, 0.11% tungsten and 205g/t silver.

• TBRC438 returned 16m at 0.27% tin, 0.03% tungsten and 15.4g/t silver.

THE PITCH

• Tallebung is a 100%-owned tin-silver-tungsten project in New South Wales.

• Mineralisation is hosted within shallow-dipping stacked vein packages.

• The current Mineral Resource covers part of the drilled mineralised system.

• The drilling database comprises more than 500 drill holes.

• Recent drilling included extensional and infill programmes across the deposit.

THE NEXT OVERS

• Updated Mineral Resource Estimate is expected within the coming fortnight.

• Pre-Feasibility Study is scheduled shortly after the updated MRE.

• Further drilling results remain pending from completed drill holes.

 
Read full ASX Announcement here.

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Dreadnought Resources (ASX:DRE)

Metzke’s Find Indicated Resource Grows 94%

THE PLAY

• Metzke’s Find Indicated ounces increased 94% to 20,800oz Au.

• Approximately 84% of the Resource is now classified as Indicated.

• Total Mineral Resource increased 67% to 24,900oz at 5.2g/t Au.

• Gold ounces within the top 50m increased by approximately 50%.

• The updated Resource totals 150,100t at 5.2g/t Au.

THE PITCH

• Metzke’s Find is part of the 100%-owned Illaara Gold Project.

• The Resource sits on a granted mining lease in Western Australia.

• The deposit comprises Indicated and Inferred Mineral Resources.

• Most mineralisation occurs within fresh rock above 100m vertical depth.

• The Resource remains open along strike and at depth.

THE NEXT OVERS

• RC and diamond drilling is scheduled to commence in July 2026.

• An open pit study is currently underway.

• Commercial discussions to commercialise Metzke’s Find are underway.

Read full ASX Announcement here.

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Chilwa Minerals (ASX:CHW)

Mpyupyu West HMS Discovery Expands Beyond 17km²

THE PLAY

• Mpyupyu West HMS target expanded from approximately 5km² to over 17km².

• Reconnaissance sampling extended mineralisation south and south-east of Mpyupyu Hill.

• The expanded target now exceeds the combined Mpyupyu Dune and Flat deposits.

• The target trends towards the upgraded Mpyupyu Mineral Resource.

• Initial drilling intersected mineralised saprolite to approximately 11m depth.

THE PITCH

• Mpyupyu West is a heavy mineral sands target within the Lake Chilwa Project.

• The target adjoins the Mpyupyu Mineral Resource of 109.6Mt at 3.28% THM.

• Approximately 89% of the Mpyupyu Resource is classified as Measured and Indicated.

• The expanded target surrounds the Nakombe REE and niobium target.

• Two sonic drill rigs are operating across the Chilwa licence area.

THE NEXT OVERS

• Complete the remaining approximately 25 reconnaissance sample sites.

• Continue Sonic Rig 1 drilling across the Mpyupyu West target.

• Sonic Rig 2 will move to Mpyupyu West after Bimbi Southwest drilling.

Read full ASX Announcement here.

Lode Resources (ASX:LDR)

Rock Abbey Drilling Confirms High-Grade Antimony Mineralisation

THE PLAY

• Rock Abbey drilling confirmed high-grade antimony mineralisation over a 100m strike.

• Best intercept returned 2.0m at 3.15% Sb including 1.0m at 6.18% Sb.

• Multiple scout drill holes intersected antimony mineralisation at Rock Abbey.

• Soil sampling defined an 850m antimony anomaly adjacent to Magwood.

• Rock Abbey soil anomalies extend across a 1,000m strike length.

THE PITCH

• New England Antimony Project spans 1,914km² across EL9662 and EL9319.

• Project contains 19 recorded antimony prospects held 100% by Lode.

• Rock Abbey and Magwood are historical antimony prospects within tenure.

• Antimony mineralisation occurs in fault breccia lodes hosting stibnite mineralisation.

• Lode holds the largest exploration ground position in the New England Fold Belt.

THE NEXT OVERS

• Further soil sampling will continue across existing target areas.

• Auger drilling is planned to better define antimony anomalies.

• Geological mapping will refine targets and delineate additional prospects.

Read full ASX Announcement here.

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OD6 Metals (ASX:OD6)

Quinn Expansion Adds Four New Fluorspar Project Areas

THE PLAY

• OD6 expanded Quinn Fluorspar from 48 to 226 mining claims.

• The project footprint increased to 4,670 acres across seven project areas.

• Four new project areas were added through Nevada claim staking.

• The expansion added nine historic fluorspar occurrences to the project.

• Blue Bell includes historic assays up to 88.8% CaF₂ from surface mineralisation.

THE PITCH

• Quinn comprises 226 mining claims covering 1,890 hectares in Nevada.

• The project now contains 20 historic fluorspar occurrences across seven areas.

• Blue Bell hosts four recorded historic fluorspar occurrences.

• Bonanza hosts three recorded historic fluorspar occurrences.

• Fluorspar mineralisation occurs as breccias, veins and replacement deposits.

THE NEXT OVERS

• The Company is undertaking on-ground work across the new areas.

• Assessment results from current programs are expected within 4 to 6 weeks.

• Additional mapping and sampling will support drill planning.

Read full ASX Announcement here.

Leeuwin Metals (ASX:LM1)

Regional Targeting Identifies Significant Gold Intercepts

THE PLAY

• Regional targeting identified multiple significant gold intercepts outside the current Marda Mineral Resource.

• Best historical result returned 12m at 4.33g/t Au including 1m at 26.4g/t Au.

• Red Boomerang returned 24m at 1.79g/t Au including 15m at 2.72g/t Au.

• Red Boomerang returned 2m at 12.82g/t Au from 25m depth.

• Deception Hill returned 10m at 2.41g/t Au including 1m at 15.7g/t Au.

THE PITCH

• Red Boomerang and Deception Hill are prospects within the Marda Gold Project.

• Historical drilling tested continuity and grade of primary gold mineralisation.

• Gold mineralisation is associated with quartz-pyrite veins hosted in porphyry.

• Three mineralised lodes have been identified comprising East, West and Central lodes.

• Marda hosts a Mineral Resource of 342,300oz gold across indicated and inferred categories.

THE NEXT OVERS

• Drill planning and permitting are underway at Red Boomerang.

• Drilling at Red Boomerang is planned during 2H 2026.

• Assays remain pending from 55 recent Leeuwin drill holes.

Read full ASX Announcement here.

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Killi Resources (ASX:KLI)

Lodestone Drill Approvals Clear Path For Maiden Program

THE PLAY

• Drilling approvals were received for the Lodestone Iron Project.

• Approvals clear the final regulatory step before planned drilling.

• Initial approvals cover 155 RC holes and 35 diamond holes.

• The drilling program targets resource expansion and category upgrades.

• The program will test approximately 15km of known magnetite mineralisation.

THE PITCH

• Lodestone hosts an Inferred Resource of 110Mt grading 69% Fe concentrate.

• The resource is reported at 33% DTR mass recovery.

• The current resource covers approximately 20% of defined magnetite strike.

• Magnetic imagery indicates an interpreted 25km magnetite horizon.

• The project is located about 200km from the Port of Geraldton.

THE NEXT OVERS

• Secure drilling contracts for the planned drilling campaign.

• Complete infill and extensional drilling across the magnetite system.

• Undertake DTR, density and metallurgical test work.

Read full ASX Announcement here.

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Critical Resources (ASX:CRR)

Channel Sample Returns 16.63% WO₃ At Granite Creek

THE PLAY

• Channel sampling returned 0.41m at 16.63% WO₃ from an in-situ quartz-scheelite vein.

• Nine of 25 samples returned tungsten results between 0.67% and 16.63% WO₃.

• Six samples returned above 1% WO₃, with three exceeding 2% WO₃.

• Multiple bedrock occurrences returned up to 2.21% WO₃ across Granite Creek.

• Mineralised bedrock and float occurrences were identified across at least 600m.

THE PITCH

• Granite Creek is a tungsten target within the Croesus Project.

• Scheelite mineralisation is associated with quartz veining and greisen alteration.

• Historical mapping identified quartz veins, greisen zones and scheelite occurrences.

• Modern sampling partially validated the historical exploration dataset.

• The target area is hosted within and adjacent to the Barrytown Granite.

THE NEXT OVERS

• Integrate historical and modern datasets to finalise priority drill targets.

• Complete targeted mapping and additional channel sampling where required.

• Prepare an exploration permit application over the Granite Creek target area.

Read full ASX Announcement here.

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