The new focus is Big It, a historical tungsten producer, and Garden Valley, a rare-metal pegmatite project. It is funding this from an encouraging cash position for its size: about $3.98 million at 30 September, which the company estimates covers 14.2 quarters at the …
That explains a key item at its upcoming annual general meeting. Its notice of meeting, released on 28 October, asks shareholders to approve a future placement of up to $500,000 to sophisticated and professional investors, at no less than 80% of the five-day volume-weighted …
What changed the picture during the quarter was funding. A placement announced on 31 July 2026 lifted cash to about A$593,000 at 30 September, and anAnnual General Meeting(AGM) on 26 November 2026 will ask shareholders to approve the directors' share of that raising.
No substantive on-ground exploration was carried out in the quarter, the company says. Its plans point to reconnaissance sampling in the December 2026 and March 2027 quarters and a co-funded drilling programme at West Musgrave in the March 2027 quarter, all subject to approvals …
The facility was doubled to $2.0 million in August 2026, leaving $965,000 undrawn at 30 September. The company estimated about 1.76 quarters of funding, so the pace of its pre-drilling work at Caisson and Junction is tied to that facility and any future raising.
The rebrand caps a busy two months. The company agreed to buy into two Ugandan tungsten projects, raised $2.25 million, and consolidated itsCapitalon a 20-for-1 basis.
The raising follows a tight September quarter. According to the Appendix 5B released on 30 October 2026, Surefire held $351,000 at 30 September, enough for an estimated 1.11 quarters at the current rate of spending. The first tranche of the placement has been issued. …
The review also covers copper sulphate, the company's only revenue-producing activity. In its September quarter report, released on 30 October 2026, Tartana said a restart in July had not achieved sustained production and that output in 2026 had been minimal. An independent technical and …
According to its Appendix 5B released on 30 October 2026, the sale lifted Tempest's cash to $1.34 million at 30 September. The company also held 200,000 Capricorn shares at quarter end.
That drilling will happen without the executive who designed the programme. On 2 October the company said the board would oversee activities after his departure, while it waits for drilling approvals and looks for further project acquisitions. Partington will remain available as a technical …