The Day's Play | June 29 | Copper system expands, Trojan Resource jumps 62%
THE COIN TOSS
WCN - White Cliff Minerals extends the Hulk sediment-hosted copper system 3.7km east as drilling confirms visible copper sulphides across the target horizon.
BC8 - Black Cat Syndicate lifts the Trojan Mineral Resource 62%, increasing combined Trojan and Imperial Resources to 286koz.
AUE - Aurum Resources confirms gold mineralisation beyond the current BDT2 Resource boundaries, with drilling keeping the gold system open at depth.
NNL - Nordic Resources extends Kopsa gold-copper mineralisation 50–100m beyond the current Resource block model through 3 step-out drillholes.
MLX - Metals X lifts Renison Measured and Indicated contained tin 7% following updated Resource modelling despite mining depletion.
VKA - Viking Mines divests the non-core First Hit Gold Project while retaining equity exposure and milestone-linked consideration.
M2R - Miramar Resources more than doubles the Gidji JV Gold Exploration Target following recent drilling and assay results.
TIO - Temas Resources validates high-grade titanium-vanadium mineralisation, with re-assays confirming gallium, scandium and chromium.
MM1 - Midas Minerals intersects wide zones of visible copper sulphides in its first Deblin drilling program, with assays pending.
PFE - Pantera Minerals refines multiple priority antimony drill targets as Phase 2 sampling delivers high-grade rock-chip results.
CPM - Cooper Metals commences maiden RC drilling at the Ardmore North copper-gold prospect, with assays pending.
White Cliff Minerals (ASX:WCN)
Regional Step-Out Drilling Extends Hulk Copper System
The Play
2026 drilling confirmed visible copper sulphides in all 3 completed Hulk drillholes.
Copper sulphide mineralisation was identified 3.7km east of 2025 drillhole STK25004.
Interpreted mineralised footprint expanded to approximately 6.3km² through 2026 drilling.
SED26001 and SED26002 intersected visible chalcopyrite at the targeted redox boundary.
Drilling reinforced the Rae Group-Husky Creek Formation contact as the primary control on mineralisation.
The Pitch
Hulk targets sediment-hosted copper mineralisation within the Rae Copper Project in Nunavut, Canada.
Mineralisation is hosted along the Rae Group-Husky Creek Formation contact.
Copper sulphides occur predominantly as chalcopyrite cement and veinlets within basal Rae Group conglomerates.
Target mineralisation is interpreted as a laterally extensive sheet-like horizon approximately 2m to 30m thick.
The 2026 drilling program was designed to expand the Hulk mineralised footprint.
The Next Overs
Laboratory assay results are expected within 4 weeks.
Drilling will target zones of stronger alteration and higher-grade bornite-rich mineralisation.
Additional EM conductivity anomalies at analogous depths will be drill tested.
Read full ASX Announcement here.
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Black Cat Syndicate (ASX:BC8)
Trojan Resource Jumps 62% as Combined Resources Reach 286koz
The Play
Trojan Mineral Resource increased 62% from 125koz to 202koz following the updated Resource estimate.
Combined Trojan and Imperial Mineral Resources now total 286koz across the Kal East Gold Operation.
Imperial Mineral Resource totals 84koz, with 81% classified as Indicated.
Both Resources remain open at depth, providing scope for further Resource growth.
Resource growth forms part of Black Cat's strategy to fill expanded Lakewood processing capacity.
The Pitch
Trojan and Imperial are located on 100% owned Mining Leases within the Kal East Gold Operation.
Trojan Resource totals 5.744Mt at 1.1g/t Au for 202koz.
Imperial Resource totals 1.652Mt at 1.6g/t Au for 84koz.
Lakewood processing capacity is being expanded from 1.2Mtpa to 1.5Mtpa.
Both deposits are located close to the Lakewood processing facility.
The Next Overs
Drilling at Trojan is accelerating to extend and upgrade the Resource.
Infill drilling at Trojan will inform ongoing study work.
Black Cat will continue increasing production from the Majestic and Fingals mines while growing the Resource base and extending mine life.
Read full ASX Announcement here.
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Aurum Resources (ASX:AUE)
BDT2 Drilling Extends Gold Mineralisation Beyond Current Resource
The Play
Drilling confirmed gold mineralisation beyond the current BDT2 Mineral Resource Estimate boundaries.
Gold system remains open at depth following the latest 26-hole diamond drilling program.
Latest drilling returned multiple significant gold intercepts across the BDT2 deposit.
Best result returned 6.54m at 13.36g/t Au, including 1.7m at 70.35g/t Au.
Program targeted resource growth and increased geological confidence at BDT2.
The Pitch
BDT2 forms part of the 3.22Moz Boundiali Gold Project in Côte d'Ivoire.
Latest program comprised 26 diamond drill holes for 8,720.23m.
Aurum holds combined group gold resources of 4.4Moz across Boundiali and Napié.
Company held $61.5M cash at 31 March 2026.
Gold mineralisation at BDT2 is hosted within a north-south trending sandstone unit.
The Next Overs
Next Boundiali Mineral Resource Estimate update is targeted for the end of Q3 CY2026.
Boundiali Definitive Feasibility Study is expected in late CY2026.
A 130,000m CY2026 drilling program will continue across the Boundiali and Napié projects.
Read full ASX Announcement here.
Nordic Resources (ASX:NNL)
Kopsa Step-Out Drilling Extends Mineralisation Beyond Resource Model
The Play
Step-out drilling extended Kopsa gold-copper mineralisation 50-100m beyond the current resource block model.
Three drill holes confirmed mineralised continuity along strike and at depth beyond previous drilling.
All 3 step-out holes intersected significant gold-copper mineralisation outside the existing resource boundary.
Broad assay intersections were returned across all 3 reported southeastern drill holes.
Known mineralised lodes extended 50-100m beyond the current resource block model.
The Pitch
Kopsa hosts a JORC 2012 resource of 23.2Mt at 1.09g/t AuEq containing 814,800oz AuEq.
Project sits within Finland's Middle Ostrobothnia Gold Belt targeting gold-copper mineralisation.
Combined MOGB resources total 34.3Mt at 1.11g/t AuEq containing 1.23Moz AuEq.
Company held more than A$10M cash at bank at end March 2026.
69% of Kopsa AuEq resources are classified as Measured and Indicated.
The Next Overs
Remaining Spring 2026 drill assays are expected before the end of July.
Metallurgical test program results are expected before the end of July.
Updated Kopsa resource statement is planned by the end of Q3 2026.
Read full ASX Announcement here.
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Metals X (ASX:MLX)
Renison Measured and Indicated Tin Resources Increase 7%
The Play
Measured and Indicated contained tin increased 7% to 264.1kt following updated resource modelling.
Renison Mineral Resource totals 21.8Mt at 1.38% tin containing 300.3kt of tin.
Measured and Indicated Resource tonnage increased by 1.15Mt.
Mineral Resource ore and contained tin increased despite a lower average tin grade.
Inferred contained tin decreased 19% to 36.0kt following the updated estimate.
The Pitch
Renison is a 50%-owned operation through the Bluestone Mines Tasmania Joint Venture.
Renison is Australia's largest primary tin producer.
Renison Mineral Resource totals 21.8Mt at 1.38% tin.
Contained tin inventory totals 300.3kt.
Renison Mineral Resource remains unchanged from the previous reported estimate.
The Next Overs
Renison Life-of-Mine Plan is expected in Q3 2026.
Updated Ore Reserve is expected in Q3 2026.
Underground resource definition and grade control drilling will continue.
Read full ASX Announcement here.
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Viking Mines (ASX:VKA)
Non-Core Gold Project Divestment Delivers Up To $5M
The Play
Viking agreed to divest the non-core First Hit Gold Project to First Au.
Transaction consideration totals up to $5M, including $2.2M upfront and up to $2.8M contingent.
Upfront consideration comprises $1.2M cash and $1.0M in First Au shares.
Viking retains exposure through First Au shares and milestone-linked consideration.
First Au committed to spend at least $500,000 on drilling within 12 months of completion.
The Pitch
The transaction includes 12 First Hit Project tenements in Western Australia.
Performance consideration is linked to drilling and Mineral Resource milestones over 5 years.
Each of the 4 milestones is worth $700,000 in First Au shares.
Linka is Viking's flagship tungsten project in Nevada, USA.
The Linka maiden 63-hole RC drilling program is fully permitted and contracted.
The Next Overs
Completion remains subject to customary approvals and conditions precedent.
Linka maiden RC drilling is scheduled to commence in the coming weeks.
First Au will complete its minimum $500,000 drilling commitment within 12 months of completion.
Read full ASX Announcement here.
Miramar Resources (ASX:M2R)
Gidji Exploration Target More Than Doubles on New Drilling
The Play
Gidji JV Gold Exploration Target more than doubled to 124,871–325,125oz using recent drilling and assay data.
Updated Exploration Target now covers 6 target areas across the Gidji JV Gold Project.
Recent drilling expanded the Exploration Target to include Powerline, Blackfriars and Highway.
Exploration Target ranges from 6.19Mt to 7.56Mt at 0.4–1.5g/t Au.
Resource geologists will review drilling data for one or more JORC-compliant Mineral Resources.
The Pitch
Miramar holds an 80% interest in the Gidji JV Gold Project approximately 15km north of Kalgoorlie.
Project contains approximately 15km of strike along the Boorara Shear Zone.
Target estimates are based on 939 aircore holes, 26 RC holes and 1 diamond hole.
Project is located adjacent to the Goldfields Highway and nearby gold processing plants.
Potential additional mineralisation has been identified through limited deeper drilling and untested areas outside the paleochannel.
The Next Overs
Resource geologists will review drilling data for one or more JORC-compliant Mineral Resources.
Company is preparing a Mineralisation Report to support a Mining Lease application.
Company is holding early discussions with potential development partners.
Read full ASX Announcement here.
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Temas Resources (ASX:TIO)
Hervieux West Re-Assays Validate High-Grade Titanium-Vanadium System
The Play
Initial Hervieux West re-assays validated extensive high-grade titanium-vanadium mineralisation.
Re-assays confirmed mineralisation continuity across the expanded La Blache Project.
Results confirmed material gallium, scandium and chromium concentrations within mineralised zones.
Best intercept returned 143.0m at 88.7% Fe₂O₃ + TiO₂, 0.48% V₂O₅ from 47m.
Initial results include 32 re-assayed drill holes, with 12 returning significant mineralised intercepts.
The Pitch
La Blache is a 100%-owned titanium-vanadium project in Québec, Canada.
Hervieux West forms part of the expanded La Blache Project.
More than 36km of historic drill core has been recovered.
The program applies a fused-bead analytical methodology across historical drilling datasets.
Re-assays support geological modelling, resource evaluation and engineering studies.
The Next Overs
Remaining Hervieux West re-assay results are expected shortly.
Systematic Hervieux East re-assays will commence.
Expanded analytical data will support geological modelling and resource updates.
Read full ASX Announcement here.
Midas Minerals (ASX:MM1)
First Deblin Drilling Intersects Wide Visible Copper Sulphides
The Play
First Deblin drilling intersected wide zones of visible copper sulphide mineralisation.
DBDD001 intersected visible copper sulphides over 37m and 20m intervals.
DBDD002 and DBDD003 also intercepted visible chalcopyrite, bornite and chalcocite.
Visible copper sulphides were logged across approximately 30m to 50m intervals in both holes.
Laboratory assays remain pending for all 3 completed drillholes.
The Pitch
Deblin forms part of the 100%-owned Otavi Copper Project in Namibia.
The primary Deblin target corridor extends for at least 1.1km.
Midas has 6 rigs operating across the Otavi Project, including 3 at Deblin.
DBDD001 was drilled between 2 historic copper-gold-silver drill intersections.
The current program comprises resource and exploration drilling at Deblin.
The Next Overs
Assay results for all 3 drillholes are expected during the September quarter.
Systematic drilling will continue across the 1.1km Deblin target corridor.
An initial Deblin Mineral Resource is anticipated in Q1 2027.
Read full ASX Announcement here.
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Pantera Minerals (ASX:PFE)
Phase 2 Sampling Refines Gillham Antimony Drill Targets
The Play
Phase 2 sampling refined multiple priority drill targets across the Gillham Project.
Rock-chip sampling returned high-grade antimony, silver and base metal results.
Best results included 19.2% Sb and 63.8g/t Ag from separate rock-chip samples.
High-grade rock samples extended antimony anomalies at the Stewart and May prospects.
Stewart and May anomalies extend approximately 400m and 500m within a broader 2km trend.
The Pitch
Gillham is a 100%-owned critical minerals project in southwest Arkansas, USA.
Project covers approximately 5,000 acres across the Gillham East and West project areas.
Gillham hosts more than 18 historical antimony and silver workings.
Historical workings have not previously been tested by modern drilling.
Phase 2 soil sampling was completed at the Andrews Gold and Antimony Bluff prospects.
The Next Overs
Final target ranking and drill program design will be completed.
Maiden drilling will target the Davis, Stewart and May prospects.
Assessment of additional U.S.-based critical minerals opportunities will continue.
Read full ASX Announcement here.
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Cooper Metals (ASX:CPM)
Maiden RC Drilling Commences At Ardmore North
The Play
Maiden RC drilling commenced at the Ardmore North copper-gold prospect.
Approximately 380m of the planned 1,250m RC program has been completed.
The first drill section has been completed at Ardmore North.
RC drilling is testing the 1.5km-long coherent copper-gold anomaly.
Drill samples have been collected for laboratory analysis, with assays pending.
The Pitch
Ardmore North hosts a 1.5km-long coherent surface copper-gold anomaly.
Historical rock-chip results returned up to 4.49g/t Au and 14.45% Cu.
The target coincides with a northeast-trending pXRF soil copper anomaly.
Ardmore North is located along the Fountain Range Fault corridor.
The prospect forms part of the Mt Isa East Project in northwest Queensland.
The Next Overs
RC drilling will continue across the planned 1,250m program.
Approximately 750m of RC drilling is planned at Attina.
Drilling assay results will be reported as they are received.