28 July 2026drilling result● Neutral
The 16-hole infill program at Coodalya finished, totalling 261 m (planned up to 288 m), drilled 22-23 July 2026. Samples are awaiting scanning before selection for lab assay; no grades yet.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
16 July 2026drilling scheduled● Neutral
A drilling crew is due to mobilise the following week for 16 infill aircore holes (up to 288 m) in the NE corner of Coodalya, following the October 2025 and March 2026 results. Mentions Australian Rare Earths' pre-feasibility study on its Koppamurra project.
6 Mar 2026drilling result▲ GoodMajor
Lab assays from the early-2026 program give best 1m @ 812.5 ppm TREO at Coodalya (hole 26CDAC021, 13-14m), above the prior best of 517 ppm. Geologist calls it encouraging and backs more verge drilling and possible grid drilling on freehold land. Single-metre intercepts; no resource.
18 Feb 2026drilling result▲ Good
Portable-scanner readings from the January 2026 program (24 holes shown) give best 1m @ 749 ppm TREE at Coodalya (hole 21), partial figures covering 5 of 14 rare earths. 52 samples over 200 ppm went to ALS for full assay; 6 Karte holes still awaited.
2 Feb 2026drilling result● Neutral
The January 2026 aircore program finished on 1 February: 30 holes, 540 m, mostly at Coodalya, slightly under the 600 m planned. Samples still to be scanned; no grades yet and results will come later.
27 Jan 2026drilling spud▲ GoodMajor
A second aircore program starts 28 January 2026: 30 holes, up to 600 m, mainly at Coodalya where the best lab results came from, with some holes at Karte and Lameroo. Follows the 2025 results; approval allows up to 300 holes.
20 Nov 2025drilling result▲ GoodMajor
Lab assays on 44 samples gave best 1m @ 517 ppm TREO (Coodalya hole CDAC019, 8-9m), above the February 2024 best of 356 ppm. The geologist sees potential, especially at Coodalya, warranting further drilling. Only single-metre intercepts; no resource.
17 Nov 2025drilling progress report● Neutral
KLR says 47 samples went to the ALS lab and the assay work is at its final stage, but the exact release time is unknown. This follows the mid-November expectation given on 20 October. No new results; scanner figures repeated.
20 Oct 2025drilling result● NeutralMajor
First results from the September aircore program are portable-scanner readings only: best 2m @ 279 ppm (incl. 1m @ 392 ppm) in one Coodalya hole. These cover 5 of 14 rare earths and need lab assay. Assay timing slipped from mid-October to mid-November 2025.
15 Sept 2025drilling result● NeutralMajor
Drilling finished ahead of schedule: 54 holes, 973 m, with 973 samples to be scanned. Samples showing promise go to ALS Adelaide for assay, with final results expected mid-October 2025. No grades are reported yet.
8 Sept 2025drilling spud▲ GoodMajor
Aircore drilling began 8 September at Lameroo, Karte and Coodalya, the first drilling since February 2024. A planned 55 holes, up to 1,000 m in total, are widely spaced along road verges. Approval allows up to 300 holes.
28 Aug 2025drilling scheduled▲ Good
All service providers have confirmed drilling will start on 8 September 2025 at the three Limestone Coast tenements. About 1,000 m of shallow aircore holes will be drilled along road verges, subject to weather. Earlier Lameroo best result was 1 m @ 356 ppm TREO.
19 Feb 2025drilling scheduled● Neutral
Roadside traverses are complete across Lameroo, Karte and Coodalya, and council road-verge drill sites are selected. Planned shallow aircore holes up to 20 m deep still need South Australian government environmental approval before drilling. This is the Phase 2 preparation flagged earlier.
25 Mar 2024drilling result● NeutralMajor
First Lameroo aircore results from 40 holes were low: best 1 m @ 356 ppm TREO, then 271 ppm and 228 ppm. Magnetic rare earths average 17% of the total. Results are used to plan later drilling.
7 Feb 2024drilling progress report● Neutral
Lameroo aircore drilling finished: 40 holes to 20 m each, 800 m total. Samples go to ALS in Adelaide for rare earth assay and results will be announced. No assays yet.
5 Feb 2024drilling spud● Neutral
Aircore drilling for rare earths began at Lameroo EL 6856 on Saturday 3 February 2024, 800 m in total with holes up to 20 m deep. This is the program planned since the 2023 drill-site identification; assays to follow.
20 Nov 2023drilling result▲ GoodMajor
Single-metre re-sampling at Holey Dam gave rare earth oxide results up to 866 ppm over 1 m, with 6 m @ 641 ppm in HDRC001 and 5 m @ 628 ppm in HDRC002. Magnetic rare earths are 20-30% of samples. Focus shifts from gold to rare earths; shallower areas to be aircore drilled.
12 Oct 2023drilling result● NeutralMajor
RC assays from the August drilling: Holey Dam gave rare earth oxide intersections up to 757 ppm over 1 m, and 12 m @ 477 ppm. Canegrass gave gold to 0.57 g/t and a 4 m zinc-sulphur zone. No new high-grade gold; adds rare earth and zinc potential.
3 Aug 2023drilling progress report● Neutral
The RC program at Canegrass and Holey Dam was completed, totalling 1,148 m across nine holes against 1,170 m planned. Laboratory results are to be announced when received, so no assays yet.
10 July 2023drilling spud● NeutralMajor
A 1,170 m RC drill program started 10 July 2023 at Canegrass and Holey Dam, testing IP targets CGIP 1, 2 and 4 plus two Holey Dam holes. This is the follow-up drilling long planned since the 2022 IP survey, slipping from the May timing given in the soil results.
3 May 2023drilling result▲ Good
183 soil samples at Canegrass showed a gold-in-soil trend to 11.9 ppb at CGIP 1, open to the north, and elevated rare earths at CGIP 4. A 1,100 m RC drill program is planned for end of May, including two Holey Dam holes.
5 Apr 2023drilling result▲ Good
Rock sampling at Canegrass returned gold up to 0.6 g/t at the top-priority target CGIP 1, which is open to the north. Soil results were still awaited; drill testing is now planned for Q2 2023, earlier than the Q3 2023 timing in the annual report.
8 Mar 2023drilling progress report● Neutral
Soil and regolith survey at the four Canegrass IP targets was completed in 6 days: 173 soil samples and 27 rock samples are with the lab. Drill testing remains planned for Q3 2023, guided by these results.
27 Feb 2023drilling scheduled● Neutral
Soil sampling and regolith mapping began 27 February 2023 over four IP targets at Canegrass Prospect F. Drill testing is now planned for Q3 2023, later than the Q1/Q2 2023 timing in the January quarterly.
9 Dec 2022drilling result▲ GoodMajor
The Canegrass IP survey finished, finding a significant chargeable anomaly along strike from the 2022 RC drilling plus a weak one 100 m south. The company says further RC drilling is warranted in 2023, which resolves the Q4 2022 IP step.
15 Nov 2022drilling progress report● Neutral
The Canegrass IP survey, delayed from the September quarter, started 15 November 2022 with Moombarriga Geoscience. It covers 7.7 line km to look for deeper targets beneath the March 2022 RC holes; further drilling depends on the results.
4 Apr 2022drilling result▲ GoodMajor
Canegrass RC results were modest but encouraging: best 3 m @ 0.6 g/t gold (including 1 m @ 1.0 g/t) and 1 m @ 1.4 g/t, with some 4 m composites to be resampled. Further drilling may be warranted after data review. This follows up the 2020 Aircore 3.96 g/t hit.
17 Feb 2022drilling progress report● Neutral
The seven-hole Canegrass RC program was completed; hole CGRC004 stopped at 72 m because of clay, while the others reached 90 m. 285 samples went to the lab, with results expected in 3-4 weeks.
7 Feb 2022drilling spud▲ GoodMajor
RC drilling began 7 February 2022 at Canegrass: seven holes for 630 m, testing the area where the 2020 Aircore hole hit 1 m @ 3.96 g/t gold. Goldfields Drilling is the contractor. This ends the driller delays that had pushed the program from 2021.
8 Sept 2021drilling result▲ GoodMajor
Halls Creek rock samples, mainly from Black and Glidden, returned gold to 2.78 g/t, zinc to 12.6%, lead to 9.93%, copper to 0.82% and silver to 171 g/t. Soils were not significantly elevated. Further field work and drilling are planned for Q2 2022.