The Day's Play | June 30 | Copper expands, Gold Fields partnership and new gold discovery
THE COIN TOSS
WCN - White Cliff Minerals identified the key structural control of the Danvers copper system after intersecting more than 73m of visible copper sulphides and expanding the mineralised footprint.
NAE - New Age Exploration confirmed a new shear-hosted gold discovery, with Phase 2 drilling defining near-surface mineralisation that remains open to the west.
ICL - Iceni Gold secured a farm-in and joint venture with Gold Fields providing for up to $10M in exploration expenditure to earn a 70% interest in the Everleigh Project.
LM8 - Lunnon Metals de-risked the Hustler gold deposit through infill and metallurgical drilling ahead of an updated Mineral Resource and Scoping Study.
EVR - EV Resources confirmed continuous high-grade antimony mineralisation across four underground workings as channel sampling validated the Los Lirios geological model.
LEX - Lefroy Exploration advanced the 460,000oz Mt Martin gold project into a Scoping Study following the appointment of Measured Group to lead the assessment.
CR3 - Core Energy confirmed ionic adsorption clay rare earth mineralisation at the Tunas Project after leach testwork validated TREO and MREO recoveries.
LAC - Lac Gold confirmed stronger continuity of high-grade gold mineralisation at Astoria as new drilling validated the geological interpretation.
GA8 - GoldArc Resources completed first-phase grade control drilling at Mt Stirling, with assay results supporting mine planning as the RC program progresses.
LMS - Litchfield Minerals commenced first field testing of its mineral systems framework through geophysical surveys targeting Oonagalabi and Silver Valley.
CTN - Catalina Resources commenced systematic soil sampling across the Kirkalocka Gold Project to generate and prioritise reverse circulation drill targets within its Mid-West Gold Portfolio.
White Cliff Minerals (ASX:WCN)
Diamond drilling identifies key Danvers copper controls
THE PLAY
Diamond drilling identified key structural controls after intersecting more than 73m of visible copper sulphides.
Drill core identified a prospective breccia horizon beside the main fault.
Maiden diamond drilling expanded the mineralised footprint by approximately 50m northeast.
RC drilling extended the Danvers 1 footprint to a 1,037m strike length.
Geological modelling was updated using diamond drilling observations.
THE PITCH
Danvers is part of the Rae Copper Project along the Teshierpi Fault Zone.
Chalcocite and bornite are the dominant copper sulphide minerals.
Copper sulphides occur within crackle and mosaic breccias beside the principal fault.
Phase 1 regional drilling spans approximately 12,000m of interpreted strike.
Danvers drilling comprises reverse circulation and diamond drilling.
THE NEXT OVERS
Diamond drilling assays are expected within 4 to 6 weeks.
Phase 1 regional drilling remains on track for completion during July.
Diamond drilling will continue as Phase 1 infill.
Read full ASX Announcement here.
—————
New Age Exploration (ASX:NAE)
Drilling confirms new shear-hosted gold discovery
THE PLAY
Drilling confirmed a new shear-hosted gold discovery at the Bella Prospect.
LAMRC015 intersected 24m @ 1.66g/t Au including 7m @ 1.79g/t Au and 6m @ 2.9g/t Au.
Drilling identified a near-surface tabular shear-hosted gold structure within schist foliation.
LAMRC015 also intersected near-surface quartz vein mineralisation including 11m @ 4.5g/t Au and 6m @ 1.8g/t Au.
LAMRC015 was drilled 92m west of LAMRC013 and mineralisation remains open to the west.
THE PITCH
Bella Prospect forms part of the Lammerlaw Gold-Antimony Project in New Zealand.
The Lammerlaw Mineral Trend extends for more than 5km within the permit area.
Shear-hosted and sub-vertical quartz vein mineralisation occur at the Bella Prospect.
The shear-hosted zone dips approximately 30° south within pelitic schist.
The Lammerlaw Project is at an early stage of exploration with no Mineral Resource defined.
THE NEXT OVERS
Assays are pending for the LAMDT015 diamond tail.
Assays are expected for 14 additional Bella Prospect drill holes during Q3 2026.
Updated drill plans and a long-section incorporating recent drill holes are in preparation.
Read full ASX Announcement here.
—————
Iceni Gold (ASX:ICL)
Gold Fields commits up to $10M at Everleigh
THE PLAY
Iceni executed a farm-in and joint venture agreement with Gold Fields over Everleigh.
The agreement provides for up to $10M in exploration expenditure to earn a 70% interest.
Stage 1 requires $5M expenditure within 3 years to earn a 51% interest.
Iceni retains 100% ownership of the remaining 14 Mile Well Gold Project.
Exploration at the Everleigh joint venture area is expected to commence in July 2026.
THE PITCH
The Everleigh Project covers approximately 48km² within the 14 Mile Well Gold Project.
The joint venture area hosts the Bellbird fractionated dolerite sill across a prospective 5km corridor.
Iceni will manage the project during the earn-in phase.
Gold Fields must spend a minimum of $1.5M within 2 years.
Iceni retains 100% ownership of the remainder of the 14 Mile Well Gold Project outside the joint venture area.
THE NEXT OVERS
Exploration activities at Everleigh are expected to commence in July 2026.
Gold Fields may earn a 51% interest after completing Stage 1 expenditure.
Gold Fields may earn an additional 19% interest after completing Stage 2 expenditure.
Read full ASX Announcement here.
Lunnon Metals (ASX:LM8)
Infill drilling de-risks Hustler ahead of resource update
THE PLAY
Infill drilling de-risked Hustler following assays from a 36-hole RC program.
RC drilling returned multiple broad gold intersections including 11m @ 2.41 g/t Au and 9m @ 2.37 g/t Au.
Diamond drilling returned metallurgical intercepts including 6.8m @ 2.75 g/t Au and 10.4m @ 1.39 g/t Au.
Metallurgical diamond drilling collected samples for Lefroy Gold Plant test work.
The Hustler Mineral Resource will now be updated.
THE PITCH
Hustler lies 400m southeast of the active Lady Herial open pit.
The deposit forms part of the Foster-Baker gold project within the St Ives gold camp.
The infill program comprised 36 reverse circulation holes and metallurgical diamond drilling.
Four additional diamond holes were drilled for geotechnical studies around the planned pit walls.
Mining at Lady Herial remains ongoing while Hustler evaluation progresses.
THE NEXT OVERS
Updated Hustler Mineral Resource will be reported once complete.
Open pit optimisation and permitting activities are progressing in parallel.
The Company intends to report a Scoping Study once analysis is complete.
Read full ASX Announcement here.
—————
EV Resources (ASX:EVR)
Underground channel sampling validates high grade antimony continuity
THE PLAY
Systematic channel sampling confirmed continuous high-grade antimony across four historical underground workings.
Channel sampling confirmed multiple high-grade antimony intervals, including up to 25.20% Sb.
High-grade antimony is consistently hosted within the San José carbonate replacement deposit unit.
Sampling confirmed a repeatable target horizon beneath the gypsum capping layer.
Results validated the geological model and structural controls on high-grade mineralisation.
THE PITCH
The Los Lirios Project hosts a shallow strata-bound carbonate replacement deposit system.
The San José replacement unit hosts antimony mineralisation within silicified limestone.
A total of 54 underground channel samples were collected across four historical adits.
Antimony mineralisation is spatially associated with feeder structures within the carbonate replacement deposit unit.
Channel sampling was completed across the San Rafael, Guadalupana, Linda Vista and San Pedro workings.
THE NEXT OVERS
Phase 2 diamond drilling will target structural vectoring zones across Los Lirios.
Surface structural mapping will continue to refine high-grade exploration targets.
Resource modelling will integrate channel samples with historical data and ongoing Phase 1 drilling.
Read full ASX Announcement here.
—————
Lefroy Exploration (ASX:LEX)
Mt Martin enters Scoping Study
THE PLAY
Mt Martin entered the Scoping Study phase for the 100%-owned gold project.
Measured Group was appointed to lead and coordinate the Scoping Study.
The Study will assess open pit mining, processing, infrastructure and project economics.
A recent $3.6M placement funds Mt Martin evaluation and technical studies.
The Scoping Study follows the updated 460,000oz Mt Martin Mineral Resource.
THE PITCH
Mt Martin hosts a Mineral Resource of 9.1Mt @ 1.6g/t Au for 460,000oz.
The project is located within Location 45 in Western Australia's Eastern Goldfields.
The Study is a preliminary technical and economic project assessment.
Study deliverables include mine design, scheduling, metallurgy and geotechnical assessment.
Lefroy's portfolio contains more than 1Moz of JORC Mineral Resources.
THE NEXT OVERS
The Scoping Study is targeted for completion by the end of the September 2026 quarter.
Pending Mt Martin drilling assays will support ongoing project evaluation.
Grade control drilling at Lucky Strike will commence in July before mining resumes.
Read full ASX Announcement here.
Core Energy Minerals (ASX:CR3)
Leach testwork confirms ionic adsorption clay REE mineralisation
THE PLAY
Leach testwork confirmed ionic adsorption clay rare earth mineralisation at Tunas.
The deeper sample group averaged 38% TREO recovery and 63% MREO recovery.
Maximum calculated recoveries reached 64% TREO and 104% MREO under leach test conditions.
Leach recoveries generally increased toward deeper auger intervals across the tested profile.
Results support progression to diamond drilling to test the full weathered profile.
THE PITCH
Tunas is a 100%-owned rare earth project in Paraná, Brazil.
Leach testing used ammonium sulphate under ambient temperature and low-acidity conditions.
The tested mineralisation occurs within a weathered ionic adsorption clay profile.
Manual auger drilling was limited to approximately 15m depth.
Many auger holes ended in mineralisation before reaching the base of the weathered profile.
THE NEXT OVERS
Diamond drilling will test the full thickness of the weathered profile.
Man-portable drilling rigs may be used to minimise ground disturbance.
Diamond drilling will provide samples for additional metallurgical leach testwork.
Read full ASX Announcement here.
—————
Lac Gold (ASX:LAC)
Drilling confirms high-grade continuity at Astoria
THE PLAY
Latest drilling confirmed stronger continuity of high-grade gold mineralisation at Astoria.
Results defined additional high-grade shoots within broad mineralised envelopes.
Hole AS-26-798 validated the geological interpretation from a new drilling orientation.
Drilling returned broad intersections including 64.50m @ 2.96g/t Au and 48.70m @ 1.86g/t Au.
Assays have been received for approximately 40% of completed drill holes.
THE PITCH
Rouyn hosts a JORC Mineral Resource of 15.8Mt @ 3.28g/t Au for 1.666Moz.
Astoria is a deposit within the Rouyn Gold Project in Québec.
High-grade shoots occur within broad structurally controlled mineralised envelopes.
The geological model comprises broad alteration envelopes and higher-grade gold shoots.
Rouyn is located within the Abitibi greenstone belt.
THE NEXT OVERS
Remaining Phase 1 assay results will be incorporated into the geological model.
The 15,000m Phase 2 drilling program is continuing.
Phase 2 will test mineralisation extensions and assess Mineral Resource expansion opportunities.
Read full ASX Announcement here.
GoldArc Resources (ASX:GA8)
Grade control drilling advances mine planning
THE PLAY
First-phase grade control drilling at Mt Stirling has been completed.
Received assay results continue to support the grade control model.
Grade control data is informing updated mining models and mine planning.
Approximately 21,597m of the 34,000m RC drilling program has been completed.
Grade control drilling is continuing at the adjacent Mt Stirling Well deposit.
THE PITCH
The 34,000m RC grade control program is fully funded by BML Ventures.
GoldArc retains 100% ownership of the Mt Stirling and Stirling Well deposits.
The funding arrangement operates under a 50/50 net profit share agreement.
Mt Stirling mineralisation is hosted within the Hydra Fault.
Mt Stirling Well hosts an Inferred Mineral Resource of 198,000t @ 2.3g/t Au for 15,000oz.
THE NEXT OVERS
Further grade control drilling will continue at Mt Stirling and Stirling Well.
Further assay batches are expected progressively from the RC program.
Mine planning will continue ahead of anticipated MDCP approval.
Read full ASX Announcement here.
—————
Litchfield Minerals (ASX:LMS)
Field testing advances exploration targeting
THE PLAY
First field testing of Litchfield's mineral systems framework is scheduled to commence in early July.
Combined MT and gravity surveys will test a 2.5km-deep conductivity anomaly at Oonagalabi.
An IP survey will target extensions to known silver, lead and copper mineralisation at Silver Valley.
The MT and gravity survey is supported by up to A$100,000 in NTGS co-funding.
The surveys will reduce geological uncertainty and refine priority exploration targets.
THE PITCH
The exploration framework was developed through the BHP Xplor Program.
Oonagalabi forms part of the Harts Range corridor in the Northern Territory.
Silver Valley hosts structurally controlled quartz-vein silver, lead and copper mineralisation.
The exploration strategy integrates MT, gravity, structural and isotopic datasets.
The survey design builds on the 09GA-GA1 deep-imaging approach across Litchfield's tenure.
THE NEXT OVERS
Ground geophysical surveys are scheduled to commence in early July.
Silver Valley IP survey results are expected by the end of July.
MT survey results are expected during Q3 2026 to guide the next phase of exploration and drill targeting.
Read full ASX Announcement here.
—————
Catalina Resources (ASX:CTN)
Kirkalocka soil sampling advances drill targeting
THE PLAY
Systematic soil sampling commenced across the Kirkalocka Gold Project.
The program marks the first field exploration across the recently acquired Mid-West Gold Portfolio.
Approximately 1,500 soil samples will assess prospective structural corridors and historical gold anomalies.
Field reconnaissance was completed and the Eligible Mining Activity Notice approved.
Results will be integrated with existing datasets to generate and rank priority RC drill targets.
THE PITCH
Kirkalocka is located within the southern Wydgee-Meekatharra Greenstone Belt.
The project contains historically identified gold targets and interpreted structural corridors.
Catalina's technical review confirmed historical gold occurrences and identified priority target areas.
The soil sampling program comprises approximately 1,500 samples across multiple priority target areas.
Catalina is fully funded to advance its Mid-West exploration strategy.
THE NEXT OVERS
Soil sampling and heritage assessment are currently underway.
Assay results will be integrated with historical drilling, geological and geophysical datasets.
Priority RC drill targets will be generated and ranked ahead of the planned drilling program.