THE COIN TOSS
GG8 – Gorilla Gold extended high grade gold zones at Sovereign with multiple new drilling hits from ongoing resource growth drilling.
AQD – AusQuest extended broad copper gold mineralisation at Cangallo with long intercepts and mineralisation remaining open beyond 400m depth.
TBN – Tamboran completed the Falcon acquisition, expanding its Beetaloo position to approximately 2.8 million net prospective acres.
ELS – Elsight secured a US$2M repeat public safety order, more than 4x its initial January 2026 purchase.
KTK – KTEK resumed deliveries with an initial A$500,000 shipment and commenced a production ramp targeting 150 units monthly.
AGY – Argosy Minerals confirmed 99% lithium chloride purity and 94.4% maximum lithium recovery through Rincon pilot plant testwork.
PEC – Perpetual Resources reduced silica sand impurities to 110–120 ppm Fe₂O₃ using conventional beneficiation processing.
ELT – Elementos secured 3 exploration tenements adjacent to Oropesa, expanding regional exposure to tin and critical minerals.
14D – 1414 Degrees commenced SiNTL scale-up production and battery cell development to support commercial engagement activities.
TSK – Tusker brought in-country HMS processing and laboratory facilities online while completing first modern drilling across a historic rutile corridor.
EGR – EcoGraf delivered HFfree purification cost estimates of US$478/t and integrated supply chain costs of US$1,441/t.
Gorilla Gold (ASX:GG8) High Grade Sovereign Drilling Extends Gold Zones | | |
The Play - Growth drilling returned multiple new high grade gold intercepts at Sovereign
- Results included 3.8m at 21.0g/t Au and 2.1m at 24.8g/t Au
- Drilling significantly expanded high grade zones within the Sovereign deposit
- High grade mineralisation was intersected across multiple growth drill holes
- Resource growth drilling remains ongoing at the Sovereign deposit
The Pitch - Sovereign is the largest individual deposit within the Comet Vale Project
- Sovereign hosts a current resource of 410,000oz at 4.3g/t Au
- Comet Vale forms part of the 1.2Moz North Kalgoorlie Hub
- Project sits on granted Mining Leases near existing infrastructure
- Gold mineralisation occurs within shear zones near lithological contacts
The Next Overs - Continue discovery and definition drilling across the Comet Vale Project
- Follow up recent discoveries at Diddy Kong, Donkey Kong and Magilla
- Receive ongoing assay results from active drilling programs
Read full ASX Announcement here. | | |
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AusQuest (ASX:AQD) Copper System Expands As Diamond Drilling Begins | | |
The Play - RC drilling returned 342m at 0.27% Cu and 0.05g/t Au
- RC drilling returned 236m at 0.30% Cu and 0.08g/t Au
- RC drilling returned 176m at 0.38% Cu and 0.07g/t Au
- Three of four holes ended in mineralisation
- Results confirmed porphyry mineralisation extends beyond 400m depth
The Pitch - Cangallo is a 100% owned porphyry copper gold project
- Project located in Peru with access to coast and infrastructure
- Extensive near surface copper oxide mineralisation identified across the system
- Mineralisation occurs within stockwork veins hosted by volcanic rocks
- Higher grade hypogene mineralisation indications occur beneath current RC drilling
The Next Overs - Commence +5,000m diamond drilling program at Cangallo
- Assess northern RC geology and geochemistry for deeper targets
- Advance permitting for Stage 4 drill pads and extensions
Read full ASX Announcement here. | | |
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Tamboran Resources (ASX:TBN) Falcon Acquisition Creates Largest Beetaloo Acreage Position | | |
The Play - Tamboran completed the acquisition of Falcon subsidiaries following court approval
- Transaction increased holdings to approximately 2.8 million net prospective acres
- Acquisition created the largest acreage position in the Beetaloo depocenter
- Tamboran issued 6,537,503 Common Stock shares to Falcon shareholders
- Pro forma market capitalisation stands at approximately US$1.2 billion
The Pitch - Tamboran is focused on natural gas development in the Beetaloo Basin
- Company now holds approximately 2.8 million net prospective acres
- Acreage position covers the majority of the Beetaloo depocenter
- Tamboran is listed on both the NYSE and ASX
- Company pursues an integrated exploration and production development strategy
The Next Overs - Drill at least 4 wells during the 2026 operating program
- Complete stimulation of at least 5 wells in 2026
- Tie SS2 wells into the Sturt Plateau Compression Facility
Read full ASX Announcement here. | | |
Elsight (ASX:ELS) US Public Safety Customer Expands Halo Deployment | | |
The Play - U.S. public safety customer placed a follow-on US$2M order
- Order value exceeds the initial US$460,000 January 2026 purchase
- Repeat order reflects operational validation of the Halo platform
- Customer progressed toward broader Halo deployment activities
- Order follows Halo approval on the DCMA Blue UAS Cleared List
The Pitch - Elsight provides connectivity technology for uncrewed systems through Halo
- Public safety applications require reliable connectivity for BVLOS operations
- Halo was approved for inclusion on the DCMA Blue UAS Cleared List
- Company serves commercial and defence uncrewed systems markets
- Halo is positioned as a U.S. compliant and NDAA aligned platform
The Next Overs - Fulfil the US$2M follow-on order for the public safety customer
- Support broader Halo deployment activities with the customer
- Progress opportunities linked to BVLOS commercial drone operations
Read full ASX Announcement here. | | |
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KTEK Aerosystems (ASX:KTK) Deliveries Resume As Production Ramp Begins | | |
The Play - Supply chain constraints eased, allowing production and deliveries to resume
- Initial shipment dispatched to an existing major drone platform OEM customer
- Initial shipment is expected to generate approximately A$500,000 in revenue
- Production ramp targets 150 units per month within approximately 5 months
- Current ramp targets contracted order volume with capacity to scale
The Pitch - KTEK supplies composite airframes and electromechanical assemblies for UAV markets
- Company serves military and commercial drone platform manufacturers
- Current contracted orders support planned production ramp requirements
- KTEK operates an asset light manufacturing model through global partners
- Engineering, structural analysis and quality assurance remain managed in house
The Next Overs - Progress regular production and delivery increases from initial shipment
- Ramp production toward 150 units per month target
- Utilise IPO funds to increase delivery schedules during 2026
Read full ASX Announcement here. | | |
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Argosy Minerals (ASX:AGY) Pilot Plant Delivers 99% Purity Validation | | |
The Play - Pilot testwork achieved 99% lithium chloride purity
- Pilot testwork delivered 94.4% maximum lithium recovery
- Technical validation confirmed industrial scaling potential
- Testwork produced high purity lithium chloride concentrate
- Two pilot phases confirmed positive process performance
The Pitch - Rincon Lithium Project located in Salta Province, Argentina
- Company progressing engineering and feasibility work toward DFS completion
- Pilot program utilised Rincon lithium brine feedstock
- Development pathway includes crystallised lithium chloride production
- Downstream pathway targets lithium carbonate or lithium hydroxide products
The Next Overs - Advance engineering and process design work
- Refine DFS schedules and cost estimates
- Conduct additional engineering and feasibility testwork
Read full ASX Announcement here. | | |
Perpetual Resources (ASX:PEC) Beharra Delivers Lower Iron Silica Sand Product | | |
The Play - ANZAPLAN reduced Fe₂O₃ content to approximately 110–120 ppm
- Results improved on previous test work of approximately 150 ppm Fe₂O₃
- Low iron outcomes were achieved across multiple processing methods
- High purity product was delivered using a conventional flowsheet
- Product quality meets specifications for multiple premium glass markets
The Pitch - Beharra is a silica sand project located in Western Australia
- ANZAPLAN recommended a conventional beneficiation processing flowsheet
- Recommended flowsheet uses classification, gravity and magnetic separation
- More complex processing routes delivered no material improvement
- Processing results were consistent across multiple beneficiation pathways
The Next Overs - Undertake further test work targeting additional impurity reduction
- Assess potential mild chemical treatment for further iron reduction
- Review project advancement pathways following metallurgical outcomes
Read full ASX Announcement here. | | |
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Elementos (ASX:ELT) Three New Tenements Expand Oropesa Footprint | | |
The Play - Andalusian Government awarded 3 new exploration tenements to Elementos
- New tenure sits adjacent to Oropesa tin and zinc resources
- Laurencia and Pascuala tenements lie along strike from Oropesa
- San Jose tenure is prospective for REE, tin, tungsten and copper
- Regional reconnaissance identified geological signatures similar to Oropesa
The Pitch - Elementos holds the tenements through Spanish subsidiary MESPA
- Oropesa hosts defined tin and zinc Mineral Resources and Ore Reserve
- Company maintains established team and infrastructure in Fuente Obejuna
- Pascuala contains an ASTER anomaly comparable to the Oropesa resource
- Government datasets and historical core support critical minerals prospectivity
The Next Overs - Explore Laurencia for extensions to tin and zinc mineralisation
- Prioritise fluorite exploration targets within the Pascuala tenement
- Assess critical minerals and porphyry copper targets at San Jose
Read full ASX Announcement here. | | |
1414 Degrees (ASX:14D) SiNTL Scale-Up Advances Commercialisation Program | | |
The Play - 14D is purchasing scale-up equipment for SiNTL production at GWU
- Scale-up supports manufacturer relevant quantities for commercial engagement activities
- Scale-up enables formal OEM qualification and third-party evaluation processes
- Full-stack battery cell development has commenced with contract manufacturers
- Commercialisation program advances beyond laboratory-scale material development
The Pitch - SiNTL is developed under an exclusive global licence with GWU
- Material is designed for compatibility with existing lithium-ion production lines
- Recent testing achieved 530 mAh/g battery capacity performance
- Development is progressing toward an initial 600 mAh/g target
- Technical program remains led by Professor Michael Wagner’s team
The Next Overs - Complete installation of scale-up production equipment
- Progress OEM qualification and third-party evaluation programs
- Produce battery cells incorporating SiNTL anode material for testing
Read full ASX Announcement here. | | |
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Tusker Minerals (ASX:TSK) Processing Facilities Online As Rutile Drilling Completes | | |
The Play - HMS processing facility is fully operational and delivering repeatable results
- Yaoundé HMS laboratory is fully operational for rapid sample processing
- Auger drilling completed 24 holes for 305m across the rutile corridor
- First modern systematic drilling tested the historic 70km by 15km corridor
- Maiden JORC Exploration Target study for Douala Basin is progressing
The Pitch - Central Rutile Project hosts historical residual rutile mining in Cameroon
- Yaoundé West soil sampling program has collected approximately 853 samples
- Douala Basin contains historical HMS mineralisation from surface
- Historical drilling returned 10m at 5.0% THM from surface
- Historical drilling returned 18m at 3.7% THM from surface
The Next Overs - Complete processing of exploration samples through the Yaoundé laboratory
- Deliver maiden JORC Exploration Target study for Douala Basin
- Advance further drilling subject to exploration licence grants
Read full ASX Announcement here. | | |
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EcoGraf (ASX:EGR) HFfree® Assessment Confirms Global Cost Competitiveness | | |
The Play - HFfree® assessment confirmed cost competitiveness across seven global locations
- HFfree® process achieved average purification cost of approximately US$478/t SPG
- Integrated supply chain delivered estimated cost of approximately US$1,441/t
- Global assessment identified competitive operating costs across major battery hubs
- Assessment covered potential facilities across Asia, Europe and United States
The Pitch - EcoGraf owns patented HFfree® graphite purification process technology
- Assessment evaluated seven locations across major battery manufacturing hubs
- Integrated supply chain combines feedstock, shaping and purification operations
- HFfree® operating costs ranged from US$359/t to US$571/t SPG
- Company is progressing €6.2 million (A$10 million) of grant funding
The Next Overs - Advance site selection and development planning activities
- Progress funding applications and approval processes
- Secure offtake agreements and strategic partnerships
Read full ASX Announcement here. | | |
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