Ora Banda Mining Ltd (ASX:OBM, OTC:ESGFF, FRA:M6N) has significantly expanded the mineralised footprint at its high-grade Little Gem Prospect in Western Australia, with drilling extending the newly discovered Sapphire lodes across more than 2.6 kilometres of strike while delivering further strong results from the established Gem lode system.
The latest drilling has defined multiple parallel Sapphire lodes to around 200 metres below surface, with mineralisation remaining open along strike and at depth.
Sovereign Metals Ltd (ASX:SVM, OTCQX:SVMLF, AIM:SVML, FRA:SVM), in its quarterly activities report, told investors it aims to position the Kasiya project as a non-Chinese source of titanium feedstock, graphite and potentially heavy rare earths for US and allied supply chains, backed by A$25.1 million of cash at the end of June.
The Malawi-based project’s definitive feasibility study produced a pre-tax net present value of US$2.2 billion and a 23% internal rate of return. Capital expenditure to first production is estimated at US$727 million, with steady-state annual EBITDA forecast at US$476 million and pre-tax free cash flow at US$452 million.
Krakatoa Resources Ltd (ASX:KTA, LSE:, AIM:) accelerated exploration and technical work at its flagship Zopkhito Antimony-Gold Project in Georgia during the June 2026 quarter, beginning a major resource definition drilling campaign, intersecting multiple zones of visible stibnite mineralisation and strengthening its pathway to acquire up to an 80% interest in the project.
The quarter marked a transition from preparatory work into active resource definition, with surface diamond drilling and underground drilling commencing in June. By early July, Krakatoa had completed four surface diamond holes and 13 underground holes, while initial core had been logged, sampled and dispatched for laboratory analysis.
Janus Electric Holdings Ltd (ASX:JNS) has closed the June quarter with an expanded North American order book, strengthened funding and increased production capability as it prepares to scale delivery of its heavy-vehicle electrification platform.
The quarter marked a transition from product development and early commercial deployment towards execution under the company’s Three-Horizon Growth Strategy, with Janus continuing to target 50–75 converted electric trucks on the road by December 31, 2026.
Horizon Gold Ltd (ASX:HRN, OTC:HZGLF, FRA:HO0) strengthened the development case for its 100%-owned Gum Creek Gold Project during the June quarter, completing a definitive feasibility study (DFS) that outlined a potential 10-year operation producing 880,000 ounces of gold.
The study confirmed a pathway to first production in the second half of 2028, with average output targeted at 98,000 ounces per annum during the first five years and 88,000 ounces annually across the full mine life.
International Graphite Ltd (ASX:IG6, FRA:H99, OTC:IGRPF) made substantial progress across its Australian and European graphite processing strategy during the June quarter, moving its Collie Micronising Facility into construction and formalising a joint venture for a major processing hub in Italy.
The company also strengthened its commercial position through a proposed supply and sales arrangement with Wogen Pacific Limited and announced a $4.4 million equity raising to support development activities.
Recce Pharmaceuticals Ltd (ASX:RCE, OTC:RECEF) is positioned to benefit from a new five-year, US$66.9 billion US Government strategy aimed at strengthening national defences against pandemics, antimicrobial resistance and other major biological threats.
The strategy identifies broad-spectrum antimicrobials as its second-largest single-threat funding priority, with an assessed US$4.46 billion required to support the development of new treatments for drug-resistant infections and priority pathogens.
Lightning Minerals Ltd (ASX:L1M, FRA:YZ1) has accelerated exploration across its flagship Australian projects during the June quarter after completing a strategic reset focused on gold and critical minerals.
The company advanced preparations for Phase 2 drilling at the Mt Turner Gold Project in northern Queensland, expanded exploration at the Warby Tungsten Project and completed a strongly supported A$1.85 million capital raising.
American Rare Earths Ltd (ASX:ARR, OTCQX:ARRNF) has reaffirmed its commitment to securing a NASDAQ listing as it positions the Halleck Creek Rare Earths Project to benefit from growing US demand for domestically sourced critical minerals.
The company is evaluating several potential routes to the US exchange, including a direct compliance listing, a US initial public offering and alternative transaction structures available to developers with American critical minerals assets.
Surefire Resources NL (ASX:SRN) delivered progress across its Western Australian gold, critical minerals and iron portfolio during the June 2026 quarter, led by high-grade surface sampling at the newly identified Loot gold prospect and a downstream processing agreement for the large-scale Victory Bore vanadium-titanium-iron project.
The company continued work across its three principal project areas - Yidby, Victory Bore and Unaly Hill, and Perenjori and Kadji - while maintaining a focus on advancing exploration targets and assessing lower-capital development pathways.
Titan Minerals Ltd (ASX:TTM, OTC:TTTNF) built strong momentum at its flagship Dynasty Gold Project during the June 2026 quarter, restarting resource drilling, identifying substantial extensions to mineralisation and advancing a scoping study scheduled for delivery in the fourth quarter.
Three diamond rigs are now operating across Dynasty in southern Ecuador as part of a 10,000-metre exploration and resource extension campaign designed to expand the project’s existing mineral resource of 65.55 million tonnes at 1.85 g/t gold and 12.38 g/t silver for 3.9 million ounces of gold and 26.1 million ounces of silver.
Lumos Diagnostics Holdings Ltd (ASX:LDX, OTC:LDXHF) has expanded the European commercial footprint of its FebriDx rapid diagnostic test after signing an exclusive distribution agreement with Romanian healthcare supplier Alpha Medical.
Under the agreement, Alpha Medical will manage sales, distribution and inventory for FebriDx throughout Romania, giving Lumos access to the distributor’s established customer base across primary care, urgent care and hospital settings.
Actinogen Medical Ltd (ASX:ACW, OTC:ATGGF) has maintained momentum across its clinical, regulatory and commercial programs during the June quarter, with its pivotal XanaMIA Alzheimer’s disease trial on schedule to deliver topline results in November 2026.
The fully enrolled Phase 2b/3 trial continued treatment and follow-up activities across participating sites, while an independent Data Monitoring Committee completed its third review of safety data from all 247 participants and recommended the study continue without amendment.
Pantoro Gold Ltd (ASX:PNR, OTC:PNTOF, FRA:RKN) produced 18,028 ounces of gold from its Norseman Gold Project during the June 2026 quarter, generating EBITDA of $44.8 million as the company advanced new underground, open-pit and exploration opportunities across the Western Australian operation.
The company sold 16,366 ounces at an average gold price of A$6,293 per ounce, while all-in sustaining costs were A$4,107 per ounce.
Sovereign Metals Ltd (ASX:SVM, OTCQX:SVMLF, AIM:SVML, FRA:SVM) advanced the Kasiya Critical Minerals Project in Malawi during the June 2026 quarter, completing a definitive feasibility study (DFS) that outlined a pre-tax net present value of US$2.2 billion.
The study estimated capital expenditure to first production of US$727 million, steady-state annual EBITDA of US$476 million and pre-tax unlevered free cash flow of US$452 million.
Novo Resources Corp (TSX:NVO, OTCQX:NSRPF, ASX:NVO, FRA:1NOR) is preparing to launch a 2,700-metre reverse circulation drilling program at the Tibooburra Gold Project in New South Wales, targeting extensions to high-grade mineralisation at the Clone prospect and a previously undrilled quartz-reef trend at Pioneer South.
Drilling is expected to begin in late September quarter 2026, subject to regulatory and landholder approvals, and will comprise about 1,700 metres at Clone and 1,000 metres at Pioneer South.
The S&P/ASX Small Ordinaries Index (XSO) edged 3.7 points, or 0.11%, higher on Wednesday to close at 3,326.50, although the benchmark remains 44.5 points, or 1.32%, lower over the past five trading sessions.
Meanwhile, quarterly season is in full swing as several more explorers and developers outline drilling programs, stronger operating plans and major project milestones across gold and critical minerals assets. You can read about the following and more throughout the day.
Greatland Resources Ltd (AIM:GGP, OTC:GRLGF, FRA:G8G, ASX:GGP) closed the June 2026 quarter with a strong operating and financial performance, beating full-year production and cost guidance while strengthening its balance sheet ahead of major investment in the Telfer-Havieron gold-copper complex.
The company produced 79,100 ounces of gold and 3,573 tonnes of copper during the quarter at an all-in sustaining cost (AISC) of A$2,312 per ounce.
Aruma Resources Ltd (ASX:AAJ) delivered broad, high-grade copper-silver intersections at its flagship Tillex Project in Ontario during the June 2026 quarter, strengthening the case for the asset as a potentially significant copper development opportunity.
The company completed 1,093 metres of maiden diamond drilling at Tillex, confirming shallow mineralisation across wide intervals and demonstrating that the system remains open along strike and at depth.
D3 Energy Ltd (ASX:D3E, OTCQX:DNRGF) materially expanded its certified helium resource base during the June 2026 quarter, while advancing drilling and development activities across its South African and Australian portfolio.
The company’s combined 2C helium resource across ER315, PR016 and ER386 in South Africa increased by 65% to 35.6 billion cubic feet (BCF), following independent certification of a maiden contingent and prospective resource at the 100%-owned ER386 permit.
Solis Minerals Ltd (TSX-V:SLMN, ASX:SLM, OTCQB:SLMFF, FRA:08WA) has strengthened its South American energy metals portfolio during the June 2026 quarter, acquiring a district-scale Brazilian lithium project, securing permits for two Peruvian copper programs and raising A$6 million to fund drilling.
The company moved rapidly to advance the Brazil Lithium Project in the Araçuaí–Salinas Lithium Valley, where drilling began after quarter-end at the Mandacaru target.
St George Mining Ltd (ASX:SGQ, OTC:SGQMF) has recorded its strongest drilling results to date from the Araxá Rare Earths and Niobium Project in Brazil, including a record 207-metre mineralised intercept from surface and individual grades of up to 30.3% total rare earth oxides (TREO).
Assays from 37 diamond drill holes confirmed extensive, thick, and high-grade rare-earth and niobium mineralisation within the weathered profile, strengthening the potential for a large-scale, low-strip open-pit development.
Janus Electric Holdings Ltd (ASX:JNS) has expanded its international capital markets presence after its shares began trading on the Frankfurt Stock Exchange’s Open Market.
The secondary listing provides European institutional and retail investors with the ability to trade Janus shares in euros and is intended to increase awareness of the company as investment in zero-emission freight transport gathers momentum across Europe.
Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) has substantially increased the Mineral Resource at the Storheden gold deposit in northern Sweden, strengthening its potential to become a satellite mining area for the nearby Björkdal operation.
The updated estimate comprises an Indicated Resource of 1.07 million tonnes grading 2.51 g/t gold for 87,000 ounces and an Inferred Resource of 1.85 million tonnes at 2.11 g/t for 125,000 ounces.
The S&P/ASX Small Ordinaries slipped modestly on Tuesday, with the index easing 3.8 points, or 0.11%, to close at 3,322.8.
The small-cap benchmark has declined 20.5 points, or 0.61%, over the past five trading sessions, reflecting a subdued stretch for the junior end of the Australian market.
Carnavale Resources Ltd (ASX:CAV) made substantial progress toward development of its high-grade Kookynie Gold Project during the June 2026 quarter, completing most technical work for a bankable feasibility study (BFS) and confirming a 120,000-ounce mineral resource with increased confidence in the proposed open pit inventory.
FireFly Metals Ltd (ASX:FFM, TSX:FFM, OTC:FFMFF) has strengthened the development case for its Green Bay Copper-Gold Project during the June 2026 quarter, reporting encouraging high-grade drilling results from a core zone expected to support early, high-margin production.
The company is now incorporating the latest drilling into an updated mineral resource estimate, which will feed into a preliminary economic assessment and scoping study for an upscaled restart of production at Green Bay. Completion of the study is targeted for August 2026.
AuMEGA Metals Ltd (ASX:AAM, TSX:AUM, OTCQB:AUMMF, FRA:FRA: MA30) has launched diamond drilling at the Isle aux Morts Granite and Cape Ray West in Newfoundland and Labrador, marking the first tests of several priority exploration targets along the Cape Ray Shear Zone.
The campaign represents the opening phase of AuMEGA’s 2026 drilling program and will investigate areas that have never previously been drilled.
NextSource Materials Inc. (TSX:NEXT, OTCQB:NSRCF) has reported positive results from an updated feasibility study for a proposed Phase 2 expansion of its Molo Graphite Mine in southern Madagascar, outlining plans to increase production capacity to 150,000 tonnes per year of flake graphite concentrate over a 37-year mine life.
The feasibility study envisions a staged expansion beyond the existing Phase 1 operation through the construction of three new 50,000-tonne-per-year processing modules in two phases.
Ballard Mining Ltd (ASX:BM1) has reported its strongest gold intersection to date at the Mt Ida Gold Project in Western Australia, with drilling at the West Knell prospect returning 9 metres at 27.1 g/t gold from 191 metres.
The high-grade result, equivalent to 244 gram-metres, was recorded in drill hole WKEX101 and sits outside the current West Knell mineral resource envelope, highlighting potential for further resource growth along the underexplored Ballard Fault Zone.
Imricor Medical Systems Ltd (ASX:IMR) has launched its US commercial operations after securing Rady Children’s Hospital–San Diego as the first American hospital to purchase its NorthStar® interventional magnetic resonance mapping and guidance system.
The agreement follows US Food and Drug Administration 510(k) clearances for NorthStar and the Vision-MR® Diagnostic Catheter, as well as subsequent pediatric label expansions permitting both products to be used in patients of all ages.
Astral Resources NL (ASX:AAR) strengthened the development case for its flagship Mandilla Gold Project during the June 2026 quarter, delivering an updated 1.74-million-ounce Mineral Resource, completing almost 19,600 metres of drilling and progressing the definitive feasibility study towards a targeted March quarter 2027 completion.
The company also advanced a potential early-production opportunity at the Think Big deposit within its Feysville Gold Project and ended the quarter with approximately A$65 million in cash, leaving it well funded to continue drilling, technical studies and project approvals.
Lumos Diagnostics Holdings Ltd (ASX:LDX, OTC:LDXHF) finished the fourth quarter of FY26 with strong full-year growth from its flagship FebriDx® rapid diagnostic test, expanding US commercial adoption and closing the period with US$15.4 million in cash.
Unaudited FY26 revenue increased 6% on the previous corresponding period to US$13.2 million, supported by an 875% surge in FebriDx revenue to US$3.9 million as orders increased under Lumos’ exclusive US distribution agreement with PHASE Scientific.
Kingfisher Mining Ltd (ASX:KFM) strengthened its Broken Hill copper-gold and base metals portfolio during the June 2026 quarter, completing 24 reverse circulation drill holes for 2,962 metres across Copper Blow, Stephens Trig and Allendale.
Critical Resources Ltd (ASX:CRR, FRA:9S70) strengthened its diversified critical minerals and technology portfolio during the June 2026 quarter, delivering high-grade tungsten and gold results in New Zealand, expanding lithium targets at Mavis Lake in Canada and progressing its solid-state battery program into full-format pouch-cell testing.
The company ended the quarter with A$1.2 million in cash and cash equivalents after completing field programs across several exploration assets and advancing permitting and technology evaluation workstreams.
Riversgold Ltd (ASX:RGL, FRA:RGV, OTC:RVSGF) has reported positive outcomes from technical studies supporting mining permit applications for the Northern Zone Gold Project near Kalgoorlie, with no material geotechnical, groundwater or acid mine drainage risks identified.
The results advance preparation of the project’s Native Vegetation Clearing Permit and Mine Development and Closure Proposal, which are required before mining operations can begin at the proposed open pit development, 25 kilometres east of Kalgoorlie in Western Australia.
Dalaroo Metals Ltd (ASX:DAL) is advancing final preparations for a 20,000-metre drilling campaign at the Bondoukou Gold Project in Côte d’Ivoire, with maiden drilling scheduled to begin at the Wilfred target in early August 2026.
The staged campaign will systematically test the approximately 7-kilometre Gold Ridge gold corridor, which contains the Wilfred, Mag and Ali priority targets.