Key Highlights

  • GoldArc Resources (ASX:GA8), Gibb River Diamonds (ASX:GIB) and Mont Royal Resources (ASX:MRZ) touched 52-week lows during the 26 October 2026 session.
  • GoldArc received approval for a western haul road and expanded camp at Mt Stirling.
  • Gibb River reports 5,511.3 ounces from the Neta joint venture and $6.74 million in cash.

GoldArc Resources Limited (ASX:GA8) traded at $0.038, down 11.63%, Gibb River Diamonds Limited (ASX:GIB) traded at $0.025, down 19.36%, and Mont Royal Resources Ltd (ASX:MRZ) traded at $0.07, down 12.50%, after each touched a 52-week low during the Trading session on 26 October 2026. GoldArc is a West Perth gold company with the Mt Stirling project near Leonora, Gibb River holds gold and diamond projects in Western Australia, and Mont Royal is listed on both the ASX and the TSX Venture Exchange.

GoldArc: Expanded Approvals at Mt Stirling

On 21 October 2026 GoldArc announced that the Department of Mines, Petroleum and Exploration approved an amended Mining Development and Closure Proposal for Mt Stirling and Mt Stirling Well. It adds a western haul road and an expanded accommodation village to the footprint approved in August 2026, bringing the Approvals Statement to 126.8 hectares across eight tenements.

BML Ventures funds development under a 50/50 net profit share, with GoldArc retaining 100% ownership of the deposits. The partners are finalising the mine schedule, planning site establishment and negotiating with nearby processing plants to set a mining start date.

The Approvals Statement lists activity areas of 58.0 hectares on M37/1306, 19.0 hectares on M37/1305, 14.0 hectares on M37/1312 and 8.0 hectares on M37/1313, plus four miscellaneous licences. The western haul road gives a second approved route for ore haulage, which the company says provides an opportunity to better manage the site and weather events.

Gibb River Diamonds: Annual Report Figures

Gibb River's annual report for the year ended 30 June 2026 records final Neta joint venture production of 5,511.3 ounces of fine gold, with 5,267.9 ounces sold at an average of $7,209.60 per ounce for $37,979,719. A $7 million payment was made to Gibb River, and 154.0 ounces remain unsold.

The company conducted two drill campaigns at its Edjudina Gold Project, completed a heritage survey over the main Ellendale mining Lease and reported 214,509,445 shares on issue and $6.74 million in cash.

The Neta campaign processed ore at three mills: 1,792.0 ounces from Three Mile Hill, 3,475.9 ounces from Lakewood and 243.4 ounces from Greenfields. Of the Greenfields gold, 89.4 ounces were sold to pay milling expenses. At Ellendale, tenements in other parts of the field were dropped to focus on the Ellendale 9 area and the main mining lease.

Mont Royal Resources: Board Update

A 16 October 2026 announcement stated that a non-executive director resigned with immediate effect to focus on other Business interests. The company said it is reviewing board composition to add rare earths, mining and development expertise and will announce further changes at the appropriate time. The release followed the Merger with Commerce Resources completed last year and contains no financial or project data.

The announcement is brief and was authorised on behalf of the board by the Company Secretary. It does not state a reason for the resignation beyond the director's wish to focus on other business interests, and it carries the standard TSX Venture Exchange notice that the exchange does not accept responsibility for the adequacy or accuracy of the release.

About the Companies

GoldArc Resources Limited (ASX:GA8): GoldArc Resources is a West Perth gold company whose Leonora North Gold Project holds the Mt Stirling and Mt Stirling Well deposits. It retains 100% ownership of both, while BML Ventures funds development under a 50/50 net profit share.

Gibb River Diamonds Limited (ASX:GIB): Gibb River Diamonds is a Western Australian explorer holding 100% of the Edjudina Gold Project and the Ellendale Diamond Project. It has 214,509,445 shares on issue, an unchanged capital structure, and says it can pursue acquisitions without raising capital.

Mont Royal Resources Ltd (ASX:MRZ): Mont Royal Resources is listed on the ASX under MRZ and on the TSX Venture Exchange under MRZL, and merged with Commerce Resources last year. Its board is seeking additional expertise in rare earths, mining and development.

Risks Across the Three Companies

GoldArc's mining start date depends on processing agreements still being negotiated, and its development is funded by a partner. Gibb River's Neta production has ended, leaving a modest final distribution and a deal still to be secured at Ellendale. Mont Royal is operating with one fewer non-executive director while it seeks additional expertise. Prices of $0.07 or less mean small trades can cause large percentage moves.

Catalysts on Investors' Radar

Items on the horizon include GoldArc's mine schedule and processing agreements, Gibb River's final gold distribution and any Ellendale transaction, and Mont Royal's board appointments.

Final Perspective

The three companies touched 52-week lows on the same day with distinct announcements behind them: a permitting milestone, an annual report and a board change. Each has defined next steps without fixed dates.