The ASX small-cap space opens the week on a firmer footing, buoyed by record highs on Wall Street and rising optimism ahead of Wednesday’s CPI data. Lithium and gold sentiment is improving, while several juniors reported significant exploration and development updates.
Nova secures major US funding boost
Nova Minerals Ltd (ASX:NVA, NASDAQ:NVA, OTC:NVAAF) has received a US$43.4 million award from the US Department of War to accelerate development of a domestic antimony supply chain in Alaska. The backing reinforces the strategic importance of its Estelle Project, which also hosts a world-class gold resource, as Nova advances its dual gold and critical minerals strategy.
Pantoro reaffirms guidance after solid quarter
Pantoro Gold Ltd (ASX:PNR, OTC:PNTOD) produced 19,551 ounces of gold in the September quarter at an AISC of A$3,139 per ounce, with operations now back on track after earlier disruptions. The company reaffirmed FY26 guidance and reported strong high-grade drilling results at Princess Royal, supported by a cash and gold balance of $181.5 million.
Antipa expands high-grade zones at Minyari Dome
Antipa Minerals Ltd (ASX:AZY) extended mineralisation across multiple deposits at its Minyari Dome Gold-Copper Project, including new high-grade discoveries at Fiama and Rizzo. Phase 2 drilling of up to 35,000 metres is under way alongside pre-feasibility work, targeting further resource growth by year-end.
Aurum hits bonanza gold at Boundiali
Aurum Resources Ltd (ASX:AUE) reported standout intercepts at its Boundiali Project in Côte d’Ivoire, including 0.8 metres at 350 g/t gold and 1 metre at 275 g/t. The results confirm multiple high-grade shoots, with two additional rigs deployed as the company advances resource updates due in early 2026.
Lindian reassures on Malawi export rules
Lindian Resources Ltd (ASX:LIN, OTC:LINIF) confirmed that its Kangankunde Rare Earths Project remains unaffected by Malawi’s raw mineral export order. The company said its beneficiation plans already comply with local laws, reaffirming that operations and community programs are continuing as normal.
Krakatoa divests non-core Belgravia asset
Krakatoa Resources Ltd (ASX:KTA) has agreed to sell its Belgravia Project in NSW for A$350,000 to focus on its European Zopkhito Antimony-Gold Project. Proceeds will fund exploration and working capital as the company sharpens its critical minerals focus.