Omega Oil & Gas has been selected as the preferred tender for 1,138 km² of new acreage in Queensland's Taroom Trough, expanding its operated area by 63%. The company also reported progress on its Canyon appraisal campaign, noting that the Canyon-3 well intersected a 526m thick oil and gas-bearing interval.
QMines has reported significant copper-rich drill intercepts at the Mt Chalmers project in Central Queensland, including 44m at 1.03% Cu. The drilling is intended to support the advancing Definitive Feasibility Study (DFS) through both geological data and fresh metallurgical samples.
Tungsten Mining (TGN) has secured $50 million in firm commitments via a share placement to fund the development of its Watershed tungsten project in Queensland. The company is advancing towards a Definitive Feasibility Study (DFS) due in October, supported by strong metallurgical results and a surging tungsten market.
Ark Mines has significantly expanded its Sandy Mitchell rare earths resource by 428%, reaching 379.4Mt at 5,430ppm monazite equivalent. The updated estimate is highly confident, with 97% of the tonnage classified as Measured and Indicated.
QMines has agreed to acquire two freehold properties for $2.39m to secure access to the Botos copper-gold deposit in Queensland. This acquisition enables a modern drilling program to validate high-grade historical intercepts and assess the potential for a maiden resource to feed the nearby Mt Chalmers processing hub.
Maronan Metals has reported strong silver-lead infill drill results at its Maronan project in Queensland. The drilling, part of a 40,000m program, includes high-grade intercepts and is intended to support a resource update in Q4 FY27 and a subsequent PFS in mid-2027.
Tungsten Mining has successfully produced saleable tungsten concentrate from its Watershed project in Queensland, with grades reaching up to 65.9% WO3. The metallurgical results, which include recoveries of 60-70% and low sulphur levels, support the upcoming Definitive Feasibility Study (DFS) and a targeted late-2026 Final Investment Decision (FID).
Cannindah Resources is expanding its drilling program with a second diamond rig to test strike and depth extensions of the Cannindah Breccia. An updated mineral resource estimate incorporating 45 new drill holes is expected by the end of September.
Breakthrough Minerals has reported high-grade copper-equivalent drill results from its Turpentine deposit, extending the mineralised system north of the current resource boundary. The results include a 5m intercept at 3.75% CuEq, supporting the company's strategy to grow its existing resource base.
Maronan Metals has intersected strong shallow copper-gold mineralisation to the north of its existing resource at its namesake project in Queensland. The drill results from holes MRN26004 and MRN26008 include high-grade copper-gold and silver-lead intercepts, supporting potential resource expansion and upgrading.
