Mining

Contained silver rose by 568,000 ounces, or 20.3%, from the April 2026 estimate. Tonnage increased by 66.5% to 234.7kt, mainly because additional lower-grade material was included. That addition lowered the average grade by 27.7%, from 617 g/t to 446 g/t. The company attributed the …

The updated results include 30.4m at 1.0 g/t gold in ERDD007 from 66m. Yugo said the width of the new results, measured close to true thickness, is comparable to the previously reported best result of 36.1m at 2.3 g/t gold in ERDD006. The company …

TX26-014 returned 27.7m at 1.51% copper and 5.69 g/t silver from 49.3m, and a second interval of 11.25m at 1.43% copper and 13.69 g/t silver from 94.75m. TX26-015 returned 6.54m at 1.21% copper and 5.17 g/t silver from 58.66m.

26ANXDD007 was drilled to 331.62m to test for mineralisation at depth on the western side of Mons Cupri NW. Between 248.52m and 306.00m, the hole passed through altered felsic volcaniclastics of the Cistern Formation, with sphalerite and galena in quartz veins. The main interval …

Hole AD001 was drilled to 532.70m on IP line 5500 and intersected a package of silicified felsic dykes and altered syenogranite that exceeds 250m in combined thickness. Within it, the company logged 19 silicified dykes with a cumulative thickness of 131.78m. Visible chalcopyrite intergrown …

The rare earth picture rests on total rare earth oxide (TREO) anomalies. The new samples defined anomalous TREO zones and infilled coverage over previously interpreted north-north-east trending mineralised corridors. The company said the highest-intensity TREO anomalies sit where deeper dissection has exposed TREO-bearing saprolite, …

The placement comprises about 39.75 million shares.Tranche1, of roughly 34.33 million shares, is being issued under the company’s existing Listing Rule 7.1 capacity. Tranche 2 covers about 5.42 million shares to directors, at a cost of about $81,250, and is subject to shareholder approval …