Key Highlights

  • Peregrine Gold (ASX:PGD), NEX Metals Exploration (ASX:NME) and Gwardar Resources (ASX:GRS) all traded higher during the 13 November 2026 session.
  • NEX Metals shares were up 22.22%, the largest move of the three, while Peregrine rose 9.09% and Gwardar 7.46%.
  • All three companies are exploring for gold in Western Australia, in the Pilbara and Eastern Goldfields regions.

During the Trading session on 13 November 2026, Peregrine Gold Ltd (ASX:PGD) shares were trading at $0.12, up 9.09%, NEX Metals Exploration Ltd (ASX:NME) shares were at $0.011, up 22.22%, and Gwardar Resources Ltd (ASX:GRS) shares were at $0.72, up 7.46%. Over the same session the S&P/ASX 200 was down 0.73% at 9,079.70 at 12:39 pm AEDT. The three companies are all gold explorers in Western Australia, each working across a different region.

Peregrine Gold (ASX:PGD)

Peregrine Gold is an explorer with projects in the Pilbara region. Its September 2026 quarterly report, released on 26 October 2026, said it had lodged a Mining Lease application over the Capricorn Prospect after identifying auriferous palaeogravels. Geochemical assays at Pilgangoora North also highlighted a gold-anomalous zone of about 800 metres by 1,000 metres. The company completed a $2.25 million Capital raising after the quarter, and ethnographic and archaeological surveys are being prepared ahead of reverse circulation drilling.

NEX Metals Exploration (ASX:NME)

NEX Metals Exploration is a gold project explorer and developer. Its Quarterly Report for the three months to 30 September 2026, released on 29 October 2026, described a joint venture with WTAC covering a combined potential 3,021 square kilometres of Western Australian ground, subject to pending applications and the completion of the East Scotia acquisition. Test work on one Kookynie sample lifted laboratory gold recovery to 71%, from 52% through direct cyanidation, and scheelite in the gravity concentrate points to a possible tungsten stream.

Gwardar Resources (ASX:GRS)

Gwardar Resources listed on the ASX after an oversubscribed $6 million initial public offering. Its quarterly report, released on 30 October 2026, covered the Kurnalpi Project in the Eastern Goldfields, about 90 kilometres northeast of Kalgoorlie, which covers about 90 square kilometres. The company ended the September quarter with $5.63 million in cash after IPO costs and the start of exploration. Its top 50 shareholders hold about 86% of the company.

Final Word

The three companies are at different stages, from a mining lease application at Peregrine to a fresh listing at Gwardar. Their next quarterly updates will show how the exploration programs progress.