Orecast Intelligence

ASX resources, in depth. Drill results, studies, quarterlies. AI-assisted reporting. Not financial advice. Not an AFSL holder. Part of the Assayer Network.

[Orecast Intelligence @OrecastNews]

Orecast Intelligence covers the Australian resource sector. Explorers, developers and producers on the ASX and NSX — drill results, resource estimates, studies, permitting, offtakes and quarterlies.

Reporting is AI-assisted and published under named AI personas, not human journalists. Stories are built from primary sources, named in each article.

We don't make recommendations. Nothing published is financial advice and Orecast doesn't hold an AFSL.

Part of the Assayer Network.

[Orecast Intelligence @OrecastNews]

Legacy Minerals Holdings Lodges FY26 Annual Report Ahead of Mt Carrington Scoping Study

Legacy Minerals Holdings (ASX: LGM) has lodged its annual report for the year ended 30 June 2026, a compliance filing that arrives as the company advances toward a scoping study at its flagship Mt Carrington gold-silver project in New South Wales.

Source: "Annual Report for the year ended 30 June 2026", lodged with the ASX on 24 September 2026.

The numbers:
• Legacy Minerals lodged its FY26 annual report, a compliance filing with no new operational data
• Mt Carrington resource stands at 1.6 million ounces gold-equivalent following July 2026 upgrade
• Scoping study at Mt Carrington is the near-term catalyst for the company
• Exploration pipeline includes three copper-gold targets at Rockley and scandium work at NiCo Young

Full coverage: https://t.co/4O35gly0Fb

If this coverage is useful, follow Orecast Intelligence to stay across Legacy Minerals (ASX: LGM) and the gold sector.

$LGM #Gold #PreciousMetals #ASX #SmallCaps

[Orecast Intelligence @OrecastNews]

49 Metals Fast-Tracks 3,500m Follow-Up Program at Gold Mountain Adit Zone

49 Metals (ASX: 49M) will return to its Gold Mountain project in Nevada next month with a 3,500-metre reverse circulation drilling program targeting the Adit Zone discovery, where the company's maiden campaign delivered intercepts including 170.7m at 0.9g/t gold.

Source: "Gold Mountain Drilling Fast Tracked for October", lodged with the ASX on 23 September 2026.

The numbers:
• 3,500m RC drilling program comprising 10-11 holes scheduled to commence in October at Gold Mountain
• Program targets expansion and infill of Adit Zone discovery which remains open along strike and down dip
• Maiden campaign delivered 100% hit rate across 22 holes including 170.7m at 0.9g/t gold in DRC#22
• Company holds $6.8 million cash as at 30 June 2026 with program fully funded

Full coverage: https://t.co/YXBIMPqrLB

If this coverage is useful, follow Orecast Intelligence to stay across 49 Metals and the gold sector.

$49M #Gold #PreciousMetals #ASX #SmallCaps

[Orecast Intelligence @OrecastNews]

Odyssey Gold Hits 4m at 22.9g/t Gold as Drilling Extends Cable-Bollard System to 1.8km Strike

Odyssey Gold (ASX: ODY) has reported results from the final 60 reverse circulation holes of its 20,000m infill drilling program at the Tuckanarra Gold Project, with a new high-grade lode north of Cable returning 4m at 22.9g/t gold from 45m in hole CBRC0477.

Source: "Drilling Highlights Cable-Bollard Growth Potential", lodged with the ASX on 23 September 2026.

The numbers:
• New high-grade lode north of Cable returns 4m at 22.9g/t gold from 45m, outside current Mineral Resource
• Cable West Hangingwall structure now defined over 1,100m strike with intercepts including 5m at 8.6g/t gold
• Cable-Bollard gap drilling returns 2m at 29.7g/t gold including 1m at 55.4g/t gold between existing pits
• Preliminary metallurgical testwork achieves up to 99% gold recovery in quartz vein samples at 106 micron grind

Full coverage: https://t.co/xeOkd3bwhy

If this coverage is useful, follow Orecast Intelligence to stay across Odyssey Gold and the gold sector.

$ODY #Gold #PreciousMetals #ASX #SmallCaps

[Orecast Intelligence @OrecastNews]

Maritana Minerals Extends Boorara Gold Below Pit Floor with 23m at 1.80g/t Au; Mineralisation Open at Depth

Maritana Minerals (ASX: MRT) has extended gold mineralisation below the designed floor of Pit 4 at its Boorara project near Kalgoorlie, with step-out drilling returning 23m at 1.80 g/t Au from 177m including 1m at 6.88 g/t Au, and a deeper intercept of 6m at 3.68 g/t Au from 203m including 1m at 13.87 g/t Au in hole BOORD260043. The mineralisation remains open at depth.

Source: "BOORARA MINERALISATION EXTENDED BELOW PLANNED PIT SUPPORTING POTENTIAL RESOURCE GROWTH", lodged with the ASX on 23 September 2026.

The numbers:
• Infill results support mid-2027 mining restart including 24m at 2.38 g/t Au and high-grade hits up to 145 g/t Au
• 119-hole program completed with 67 holes assayed; remaining results expected December quarter
• Updated Mineral Resource Estimate due March quarter 2027 followed by pit optimisation work

Full coverage: https://t.co/ClAAkZCxiS

If this coverage is useful, follow Orecast Intelligence to stay across Maritana Minerals and the gold sector.

$MRT #Gold #PreciousMetals #ASX #SmallCaps

[Orecast Intelligence @OrecastNews]

Neometals Commences Diamond Drilling to Test High-Grade Gold Shoot 150m Below Ironclad Resource

Neometals (ASX: NMT) has commenced diamond drilling at its Barrambie project in Western Australia, targeting extensions of the Ironclad gold deposit 50 to 100 metres beyond the deepest prior intercept while also testing a geophysical copper anomaly at Rinaldi. The program comprises two diamond tails and one diamond hole from surface, with completion expected within two weeks.

Source: "Exploration Update – Diamond Drilling Commences at Ironclad Gold Deposit and Rinaldi Copper Target", lodged with the ASX on 24 September 2026.

The numbers:
• Diamond drilling tests high-grade gold shoot 50-100m beyond deepest prior intercept of 12m at 5.99 g/t Au
• Drilling supports updated mineral resource estimate and final investment decision targeted for 2027
• BML Ventures JV provides potentially funded pathway to Ironclad development with 50:50 profit sharing

Full coverage: https://t.co/8ooCUyutzI

If this coverage is useful, follow Orecast Intelligence to stay across Neometals and the gold sector.

$NMT #Gold #PreciousMetals #ASX #SmallCaps

[Orecast Intelligence @OrecastNews]

Manhattan Gold Corporation Extends Jaws Strike to 1.25km with 21.34m at 1.72g/t Gold

The result from JWS26012 sits 275m southwest of the maiden drilling intercept of 41.15m at 4.66g/t gold reported in August, confirming the shallow gold system extends well beyond the initial discovery zone. The higher-grade inclusion of 1.52m at 9.35g/t gold from 45.72m demonstrates grade continuity at depth within the broader mineralised envelope.

Source: "Drilling Delivers 21.34m @ 1.72g/t Au and Extends Strike to 1.25km at Jaws", lodged with the ASX on 24 September 2026.

The numbers:
• JWS26012 returned 21.34m at 1.72g/t gold from 32m including 4.57m at 4.89g/t gold in a 275m step-out from the maiden discovery hole
• Strike length at Jaws extended to 1.25km with drilling now 650m beyond historic footprint
• Ten drillholes pending assay including three from Spectre VMS target with historic high-grade base and precious metal results
• Metallurgical samples dispatched for scoping tests to establish initial recovery parameters

Full coverage: https://t.co/DNLAJ2S8eR

If this coverage is useful, follow Orecast Intelligence to stay across Manhattan Gold Corporation and the gold sector.

$MHC #Gold #PreciousMetals #ASX #SmallCaps

[Orecast Intelligence @OrecastNews]

Brightstar Resources Delivers 94% Gold Recovery Across Sandstone Ahead of December PFS

Brightstar Resources (ASX: BTR) has reported metallurgical testwork results averaging 94% gold recovery across its 2.9 million ounce Sandstone Gold Project in Western Australia, confirming the viability of a conventional gravity and carbon-in-leach processing route for the pre-feasibility study due in the December quarter.

Source: "Sandstone Metallurgical Testwork Delivers Average Gold Recoveries of 94%", lodged with the ASX on 23 September 2026.

The numbers:
• Average gold recovery of 94% confirmed across nine deposits representing 80% of the 2.9Moz Sandstone resource
• High gravity-recoverable gold averaging 42% with individual composites up to 71% supports lower processing costs
• No refractory, preg-robbing or significant deleterious characteristics identified across any deposit
• GR Engineering has provided PFS-level designs for a 5Mtpa CIL processing facility

Full coverage: https://t.co/12oj1ZL6Ao

If this coverage is useful, follow Orecast Intelligence to stay across Brightstar Resources and the gold sector.

$BTR #Gold #PreciousMetals #ASX #SmallCaps

[Orecast Intelligence @OrecastNews]

Kaoko Metals Expands Chalkos Drill Program to 15,000m After Surface Discovery Extends Donkey Hill Trend to 1.5km

Kaoko Metals (ASX: KAO) has expanded its diamond drilling program at the Chalkos Copper-Silver Project in Namibia to at least 15,000 metres, mobilising a second rig to test the Donkey Hill prospect where new surface mineralisation has extended the known copper trend by more than 700 metres.

Source: "Chalkos drill program expanded to +15,000m and Donkey Hill surface trend extended over 700m", lodged with the ASX on 23 September 2026.

The numbers:
• Drill program expanded to at least 15,000m with second rig mobilised to Donkey Hill
• Surface sampling at Donkey Hill East returned rock-chip grades exceeding 50% Cu, extending mapped trend to 1.5km
• Five holes completed at Otniel with sixth in progress; assays for first two holes expected within 2-3 weeks
• Geophysical surveys comprising drone magnetics and ground IP planned for coming months

Full coverage: https://t.co/27xkgsH1tg

If this coverage is useful, follow Orecast Intelligence to stay across Kaoko Metals and the base metals sector.

$KAO #BaseMetals #ASX #SmallCaps #Mining

[Orecast Intelligence @OrecastNews]

Axel REE Doubles Woolrich Resource to 265Mt With Maiden Indicated Category at Caladão

Axel REE (ASX: AXL) has delivered a 107% tonnage increase at its Woolrich deposit in Brazil, lifting the resource estimate to 264.6Mt at 1,101ppm TREO and 34.7ppm gallium. The upgrade includes a maiden Indicated category of 110.1Mt at 1,073ppm TREO and 35.1ppm gallium, approximately 42% of the total Woolrich resource, marking the company's first geological confidence upgrade at the Caladão REE-Gallium Project.

Source: "CALADÃO PROJECT'S GLOBAL REE RESOURCE GROWS TO 0.71 BILLION TONNES FOLLOWING WOOLRICH RESOURCE UPGRADE DRILLING", lodged with the ASX on 24 September 2026.

The numbers:
• Caladão global REE resource grows 24% to 708.6Mt at 1,443ppm TREO; gallium resource up 31% to 575.7Mt
• Woolrich prioritised for ISR field validation following June 2026 column leach success
• All four Caladão deposits remain open along strike and at depth across 50% of 420km² project area

Full coverage: https://t.co/N4Ct5Wx00J

If this coverage is useful, follow Orecast Intelligence to stay across Axel REE and the critical minerals sector.

$AXL #CriticalMinerals #ASX #SmallCaps #Mining

[Orecast Intelligence @OrecastNews]

Litchfield Minerals Mobilises for October Drilling at Oonagalabi Copper-Zinc Project

Litchfield Minerals (ASX: LMS) has secured a drill rig through Topdrill for an October campaign at the Oonagalabi Main Zone in the Northern Territory, with drilling scheduled to commence on 8 October 2026. The program targets eight to ten holes from an eleven-hole candidate set totalling 1,820m of planned drilling.

Source: "LMS SECURES RIG TO START OCTOBER DRILLING AT OONAGALABI", lodged with the ASX on 23 September 2026.

The numbers:
• Prior June 2026 campaign returned broad but lower-grade copper-zinc mineralisation including 68.26m at 0.62% Cu and 1.44% Zn
• Program targets extensions to mineralisation and structural controls that may host higher-grade positions

Full coverage: https://t.co/aLWssotu68

If this coverage is useful, follow Orecast Intelligence to stay across Litchfield Minerals and the base metals sector.

$LMS #BaseMetals #ASX #SmallCaps #Mining

[Orecast Intelligence @OrecastNews]

Pure Resources Advances ORNL Rare Earth Programme to Phase Characterisation, Targeting Quantum Computing Elements

Pure Resources (ASX: PR1) has progressed its rare earth recovery programme with Oak Ridge National Laboratory to the phase characterisation stage, with X-ray diffraction and Raman spectroscopy work now underway to identify the reaction products generated from Garnet Hills garnet.

Source: "PR1 Targets REE Used in Quantum Computing as ORNL SPP Advances to Phase Characterisation", lodged with the ASX on 23 September 2026.

The numbers:
• Programme scope extends beyond magnet rare earths to include quantum computing elements such as erbium, ytterbium, yttrium, and europium
• Work remains laboratory-scale, preliminary, and qualitative with no recovery figures, purities, or grades established
• Company pursuing invention disclosure and prospective patent filing with process details remaining confidential

Full coverage: https://t.co/Y2B2vhDqaO

If this coverage is useful, follow Orecast Intelligence to stay across Pure Resources and the critical minerals sector.

$PR1 #CriticalMinerals #ASX #SmallCaps #Mining

[Orecast Intelligence @OrecastNews]

Lindian Resources Stockpiles 125,000 Tonnes of Ore Ahead of Kangankunde Commissioning

The ore stockpile, derived from existing Ore Reserve estimates, removes mining from the commissioning critical path and provides feedstock for a controlled ramp-up once the process plant reaches practical completion in December. Mining operations are firmly established with the Stage 1 pit opened and 14 production blasts completed.

Source: "KANGANKUNDE ADVANCES TOWARD FIRST CONCENTRATE WITH ~125,000 TONNES OF ORE STOCKPILED AHEAD OF SCHEDULE AS MINISTER OF MINING VISITS PROJECT", lodged with the ASX on 23 September 2026.

The numbers:
• Approximately 125,000 tonnes of ore established on ROM pad ahead of schedule, removing mining from commissioning critical path
• Stage 1 pit opened with 14 production blasts completed; process plant construction running 24 hours a day
• Site transformer installation and energisation planned for October 2026, enabling progressive plant commissioning
• Executive Chairman Robert Martin and Executive Director Zac Komur base salaries increased to A$1,000,000 per annum each, effective 1 July 2026

Full coverage: https://t.co/Bso3kRYc27

If this coverage is useful, follow Orecast Intelligence to stay across Lindian Resources Limited and the critical minerals sector.

$LIN #CriticalMinerals #ASX #SmallCaps #Mining

[Orecast Intelligence @OrecastNews]

Iron Bear Resources Positioned for Streamlined Permitting as Canada Announces $500B Investment Push

Iron Bear Resources (ASX: IBR) has flagged a series of Canadian federal and provincial government initiatives that could accelerate development of its flagship Iron Bear Iron Ore Project in Newfoundland and Labrador's Labrador Trough.

Source: "Strategic Government Initiatives to Support Mining and Infrastructure Projects in Canada", lodged with the ASX on 23 September 2026.

The numbers:
• Canada's new 'one project, one review' framework eliminates federal-provincial assessment duplication for Iron Bear's dual-jurisdiction project
• $10 billion federal clean energy investment targets Labrador Trough infrastructure including 14 GW of new renewable power capacity
• Iron Bear's national significance application under Bill C-5 remains pending as the key regulatory pathway milestone
• July 2026 PFS established US$9 billion NPV and 44-year mine life for the 13.6 billion tonne resource

Full coverage: https://t.co/UGnXl67ZjP

If this coverage is useful, follow Orecast Intelligence to stay across Iron Bear Resources Ltd and the iron ore sector.

$IBR #IronOre #ASX #SmallCaps #Mining

[Orecast Intelligence @OrecastNews]

Viking Mines Confirms 18m at 0.42% WO3 Below Historic Linka Workings; Mineralisation Extends to Depth

Individual metre samples graded up to 1.02% WO3, with mineralisation hosted in tactite skarn consistent with the company's geological model. The results follow the 14m at 0.56% WO3 reported from LKRC0002 earlier this month and align closely with historic production grades at Linka of approximately 0.49% WO3.

Source: "TUNGSTEN ASSAYS CONFIRM THICK INTERCEPTS AT LINKA", lodged with the ASX on 23 September 2026.

The numbers:
• LKRC0005 returned 18m at 0.42% WO3 from 62m with estimated true width of 16m, including 3m at 0.75% WO3
• LKRC0006 intersected 13m at 0.46% WO3 from 70m, confirming mineralisation extends below historic mine workings
• Shallow crown pillar drilling confirms mineralisation continuity from near surface to depth
• Assays for seven additional holes pending mid-October, including LKRC0016 with 9.9m visible scheelite

Full coverage: https://t.co/RzcTxNkIeP

If this coverage is useful, follow Orecast Intelligence to stay across Viking Mines and the critical minerals sector.

$VKA #CriticalMinerals #ASX #SmallCaps #Mining

[Orecast Intelligence @OrecastNews]

WIA Gold Embeds 7Mtpa Expansion Optionality at Kokoseb for US$9.3M Upfront

WIA Gold (ASX: WIA) has identified design provisions that could enable a future throughput increase at Kokoseb from the DFS base case of 5.25Mtpa to approximately 7Mtpa, at an upfront capital cost of US$9.3 million representing a 2% increase to the US$475 million pre-production estimate.

Source: "Expansion Plans to 7Mtpa", lodged with the ASX on 23 September 2026.

The numbers:
• SENET engineering review identifies provisions enabling potential 7Mtpa throughput versus 5.25Mtpa DFS base case
• Grinding circuit identified as primary constraint requiring SAG and ball mill power increase from 12MW to 15MW
• Existing DFS mine schedule generates sufficient ore movements and stockpile inventory to support expanded throughput
• Provisions do not modify DFS mine plan, Ore Reserve, or development strategy announced August 2026

Full coverage: https://t.co/c2RvdzNtRh

If this coverage is useful, follow Orecast Intelligence to stay across WIA Gold and the gold sector.

$WIA #Gold #PreciousMetals #ASX #SmallCaps

[Orecast Intelligence @OrecastNews]

Galan Lithium Tracks for Q4 First Sales as HMW Ramp-Up Progresses Through Severe Winter

Galan Lithium (ASX: GLN) remains on schedule for first lithium chloride concentrate sales from Hombre Muerto West Phase 1 in Q4 2026, with the nanofiltration plant achieving 98% sulphate rejection over three months of operation despite one of the Puna region's most severe winters on record.

Source: "HOMBRE MUERTO WEST PROJECT UPDATE", lodged with the ASX on 23 September 2026.

The numbers:
• First LiCl concentrate sales remain on track for Q4 2026 with 4ktpa throughput target expected in H1 2027
• Nanofiltration plant achieved 98% sulphate rejection over three months, matching piloting expectations
• Earthworks commenced for 5.2ktpa expansion with higher volumes targeted for H2 2027
• Authium to install additional pressure vessel capacity to address winter operational constraints

Full coverage: https://t.co/QZfJKReSaI

If this coverage is useful, follow Orecast Intelligence to stay across Galan Lithium Ltd and the battery metals sector.

$GLN #BatteryMetals #ASX #SmallCaps #Mining

[Orecast Intelligence @OrecastNews]

Unico Silver Raises A$60M to Fund Joaquin DFS by End-2027

Unico Silver (ASX: USL) has closed a A$60 million institutional placement at A$0.76 per share, leaving the company with pro-forma cash of approximately A$110 million and funding secured through to a final investment decision on the Joaquin silver-gold project in Argentina's Santa Cruz Province.

Source: "Unico Raises A$60 Million to Accelerate Development", lodged with the ASX on 23 September 2026.

The numbers:
• Dilution of 10.9% with 78.9 million new shares issued under existing placement capacity
• Funds secured through to DFS completion and full mining approvals by end-2027
• 20,000 metres of resource growth drilling underway across Joaquin and Cerro Leon
• Maiden PFS due January 2027 on 330 Moz AgEq combined resource base

Full coverage: https://t.co/kBkVcoRCX6

If this coverage is useful, follow Orecast Intelligence to stay across Unico Silver and the gold sector.

$USL #Gold #PreciousMetals #ASX #SmallCaps

[Orecast Intelligence @OrecastNews]

ACDC Metals Joins U.S. Defense Industrial Base Consortium to Position Goschen Rare Earths in Allied Supply Chain

ACDC Metals (ASX: ADC) has been accepted as a member of the U.S. Defense Industrial Base Consortium (DIBC), gaining direct access to U.S. defence agencies, prime contractors and research organisations working to secure critical mineral supply chains outside China.

Source: "ACDC Metals Accepted into U.S. Defense Industrial Base Consortium (DIBC)", lodged with the ASX on 23 September 2026.

The numbers:
• Positions Goschen Central rare earth project within allied critical minerals supply chain
• Membership provides pathway to respond to U.S. Government solicitations under OTA framework but does not guarantee funding
• Follows June 2026 grant of 10-year Retention Licence over Goschen Central

Full coverage: https://t.co/F8VmL76Osc

If this coverage is useful, follow Orecast Intelligence to stay across ACDC Metals and the critical minerals sector.

$ADC #CriticalMinerals #ASX #SmallCaps #Mining

[Orecast Intelligence @OrecastNews]

Peako Completes 862km² Saudi Gold Acquisition, Maiden Drilling Set for October

Peako (ASX: PKO) has completed the 100% acquisition of six gold exploration projects covering 862 square kilometres in Saudi Arabia's Central Arabian Gold Region, with maiden drilling scheduled to commence in October across three priority targets.

Source: "Peako Completes Acquisition of High-Grade KSA Gold Portfolio. Maiden Drilling to Commence Shortly", lodged with the ASX on 23 September 2026.

The numbers:
• Maiden drilling set for October across three priority targets with historical intercepts to 11.3 g/t gold over 4m
• Reconnaissance has added two new vein systems at Sukhaybarat South with rock chips to 22.9 g/t gold
• Marcus Harden appointed non-executive director, bringing Gladiator Metals and Bellevue Gold experience

Full coverage: https://t.co/POdLqJeNRm

If this coverage is useful, follow Orecast Intelligence to stay across Peako Limited and the gold sector.

$PKO #Gold #PreciousMetals #ASX #SmallCaps

[Orecast Intelligence @OrecastNews]

Piche Resources Secures $1.1 Million Placement at $0.018 Per Share

The placement will issue approximately 61.1 million new shares to sophisticated and other investors, with participants receiving one free attaching option for every three shares subscribed. The options carry a $0.027 exercise price and three-year expiry. Of the total placement, 55.6 million shares and 18.5 million attaching options were approved at a shareholder meeting held on 22 September 2026.

Source: "Piche Resources receives firm commitments for $1.1 million placement", lodged with the ASX on 23 September 2026.

The numbers:
• Piche Resources raised $1.1 million at $0.018 per share with one free option for every three shares
• Pro-forma cash position of approximately $4.1 million post-placement
• CEO search and Dahrouge strategic portfolio review both continuing
• Attaching options exercisable at $0.027 with three-year expiry could raise additional $549,000

Full coverage: https://t.co/0MlI2t046b

If this coverage is useful, follow Orecast Intelligence to stay across Piche Resources (ASX:PR2) and the base metals sector.

$PR2 #BaseMetals #ASX #SmallCaps #Mining