METALS, MINING AND ENERGY
West African Resources (ASX: WAF) reported on diamond drilling results from the M5 and M1 North deposits at its Sanbrado Gold Operations in Burkina Faso, including 28m at 6.1 g/t gold 400m reported below the M5 South Underground Resource. Drilling will be incorporated into the company’s updated Resource, Reserve and 10-year production plan due in Q2 2026. WAF also released an updated investor presentation ahead of its attendance at the Mining Indaba conference in Cape Town.
Syrah Resources (ASX: SYR) confirmed the US Department of Commerce has finalised antidumping and countervailing duty rates of at least ~160% on Chinese graphite active anode material imports, with measures subject to a final US International Trade Commission determination in March 2026. If affirmed, the duties will apply for a minimum of five years and are expected to support a fair US AAM market, strengthen ex-China supply chains and materially improve Syrah’s competitive position, including potential increased demand from its Vidalia facility.
Ark Mines (ASX: AHK) executed a Memorandum of Understanding to undertake a processing trial of monazite ore from the Sandy Mitchell Rare Earths Project in Queensland. The trial will commence this month, with the aim of recovering thorium and other rare earth elements from the Company’s monazite ore using existing low-cost cracking technology. Ark is progressing development of Sandy Mitchell as a potential future supplier of thorium, neodymium and praseodymium, three minerals critical to energy security, advanced technologies and defence. Covered by MiningNews, Mining.com.au, Australia’s Mining Monthly and Stockhead.
Power Minerals (ASX: PNN) delivered further high-grade niobium and rare earth results from shallow auger drilling at the Santa Anna Project in Brazil, including 14m at 6,081ppm TREO and 13.5m at 3,529ppm Nb2O5 from surface to end of hole, confirming strong near surface mineralisation that remains open at depth. The results support maiden MRE work by SRK, with a 10,000m RC program now underway to expand the Nb and REE footprint across the Santa Anna alkaline carbonatite complex in Goiás State. Covered by Stockhead
The Company’s mineral resource expansion program at the Rincon Lithium Project in Salta, Argentina, has moved into the active field phase. Full-scale geophysical surveys are scheduled to continue throughout the first quarter of 2026.
Golden Dragon Mining (ASX: GRD) reported high-grade gold intersections close to surface from its first phase of RC drilling at Coodardy, part of the Cue Gold Project in WA. Results confirmed continuity of a shallow, high-grade zone within a broader mineralised system. Further drilling is planned this month to test strike extensions.
Locksley Resources (ASX: LKY) identified the Beefeater Shear at its Mojave Project in California, a major 10–15m-wide north-south corridor between the Desert Antimony Mine (DAM) and Hendricks prospect, mirroring the structural signature of the high-grade DAM system plus boosting potential for new antimony discoveries, with assays pending. Covered by Small Caps, & Stockhead. The Company has also been accepted into the U.S. Department of Energy’s Critical Materials Innovation Hub, an affiliation that provides direct pathways to participate in DOE funded R&D projects and collaborate with top U.S. national laboratories. Covered by Stockhead.
Enova Mining (ASX: ENV) confirmed ionic adsorption clay style rare earth mineralisation at its East Salinas Project in Brazil, with initial diamond drilling returning thick surface saprolite intercepts including 12m at 2,741ppm TREO and 23% NdPr, and 7m at 3,467ppm TREO and 21.5% NdPr from surface. Early IAC leach testing indicates recoveries of up to 61% NdPr, supporting a potential low cost processing pathway, with further assays pending from the 14 hole program and preparations underway for follow up auger and deeper drilling. Covered by Samso & Mining.com.au.
BMG Resources (ASX: BMG) will commence a 10,000m diamond drilling program at its 518,000oz Abercromby Gold Project in WA this month, targeting strike and down dip extensions of high grade lodes within the Capital Deposit that remain open. Previous drilling returned results including 30m at 10.01g/t Au and 26m at 6.07g/t Au including 7m at 21.22g/t Au. Results will feed into ongoing mine planning and a scoping study due this quarter, with drilling set to begin in late February. Covered by Business News.
Element 25 (ASX: E25) advanced its Butcherbird Expansion Project in WA, targeting an increase to 1.1Mtpa manganese concentrate production to supply steel markets and its proposed HPMSM facility in Louisiana. Key contracts are progressing, with construction and mining services awards expected in Q1–Q2 CY2026, and leading consultancy SLR engaged to support funding due diligence. Manufacture of major equipment including the logwasher is complete, procurement of remaining plant items is underway, and mechanical completion and commissioning remain on track for Q1 CY2027.
Andean Silver (ASX: ASL) announced strong drilling results which continue to extend the known mineralisation at its Cerro Bayo Silver-Gold Project in Chile. An accelerated drilling program at the Laguna Verde Mine Complex this quarter aims to grow the current Cerro Bayo Mineral Resource Estimate of 9.8Mt @ 353g/t AgEq for 111 Moz AgEq and upgrade further resources to the Measured and Indicated categories. Covered in Mining.com.au. The company also released an updated investor presentation.
FireFly Metals (ASX: FFM) Chief Corporate Development Officer Jessie Liu-Ernsting presented at the recent Metals Investor Forum in Vancouver. Hear Jessie discuss the company’s high-grade Green Bay Copper-Gold Project in Newfoundland, Canada, which currently hosts a Mineral Resource of 50.4Mt of Measured and Indicated Resources at 2.0% for 1Mt CuEq and 29.3Mt of Inferred Resources at 2.5% for 733Kt CuEq. Upcoming catalysts include a Preliminary Economic Assessment scheduled for 1H 2026, a Feasibility Study in 2H 2026, and ongoing exploration results from underground and surface.
Raptor Metals (ASX: RAP) completed the first two holes of its 2,200m diamond drilling program at the Chester Project in New Brunswick, Canada. Significant copper mineralisation has been intersected, meeting expectations and validating the existing resource base.
Auric Mining (ASX: AWJ) completed its first gold pour for 2026 from the Starter Pit at the Munda Gold Mine. The first outturn of Campaign Two delivered 1,147 ounces, produced on 10 February from the gold pour conducted on 3 February 2026. At current gold prices, the parcel refined at ABC Refinery is valued at approximately $8.15 million.
Vita Resources (ASX: VTA) is set to commence its maiden auger drilling campaign at the Ninnis Gold Project in WA, following approval of the Programme of Work. The programme will consist of ~1,200 holes followed by assaying and geochemistry review. The Ninnis Project (E39/2110) covers 25km2 and is located approximately 6km north of Genesis Minerals Limited’s (ASX: GMD) Mount Morgans Gold Mining Centre.
Equus Energy (ASX: EQU) continues to advance pre-FEED at its 100%-owned Equus Gas Project on the North West Shelf, progressing a Field Development Plan to assess a capital-efficient tie-back of its certified gas resource into existing offshore and onshore gas and LNG infrastructure. Supported by ~US$1.2m from Alcoa to date, pre-FEED is targeted for completion in Q2 2026 ahead of a structured partnering process, positioning the Project against forecast WA domestic gas shortfalls later this decade.
Middle Island Resources (ASX: MDI) reported assay results from an expanded soil sampling program at the Tisovik Mine area within its Bobija Project in Serbia, confirming extensive, coherent zones of silver, lead, zinc and antimony soil anomalism, significantly broadening the known mineralised footprint. Peak soil assays returned up to 7.1g/t Ag, 4,685ppm Pb, 969ppm Zn and 1,049ppm Sb, further supporting the presence of a robust polymetallic system. Covered by mining.com.au and Small Caps.
Kalamazoo Resources (ASX: KZR) reported strong gold and antimony results from recent surface geochemical programs at its Mt Piper Gold Project in Central Victoria. Rock chip and soil sampling confirmed Au–Sb mineralisation and defined extensive anomalous trends over multiple kilometres of strike, reinforcing the project’s potential to host Fostervillestyle epizonal gold–antimony system. At the historical Kurkuruk prospect mine area, rock chips up to 3.2 g/t gold and 1,427 ppm antimony were reported. Covered by Mining.com.au
Argent Minerals (ASX: ARD) reported exceptional high-grade gold rock-chip results from its Trunkey Creek Project in NSW, with assays returning up to 73.3 g/t Au. The results have confirmed a continuous mineralised corridor extending approximately 4.7km, with recorded historical production exceeding 2,900oz of gold. Covered by Stockhead
Strata Minerals (ASX: SMX) commenced fieldwork activities at the Zelica South Project, consisting of geological mapping and rock chip sampling along the +6km gold trend and other highly prospective areas. Historical exploration has identified a +6km gold mineralised corridor at Zelica South, extending the total gold trend across the Zelica South and Zelica Projects to approximately 8km. Covered by Stockhead
Last week the Australian Government launched the February 2026 edition of Australian Trade and Investment Commission (Austrade)’s Australian Critical Minerals Prospectus, as it positions Australia to lead on the production of critical minerals. Perpetual Resources’ (ASX: PEC) Beharra Project – which has some of the lowest impurities of any known silica sand project in the Mid-West Region of WA, and product targeting high-end Asian glass markets including solar PV cells, cover glass and other specialty glasses – is included. PEC is open to investment in the project, as well as debt funding options.
Native Mineral Resources (ASX: NMR) commenced drilling at Podosky, part of its Ravenswood Gold Joint Venture with Haoma Mining, following completion of a cultural heritage survey in January 2026 in partnership with the Birriah People. Drilling aims to verify historic drilling and provide additional information to assist mine planning, with mining expected to commence at Podosky in March 2026.
BIOTECH
Paradigm Biopharmaceuticals (ASX: PAR) announced the publication of a peer-reviewed manuscript titled "Effects of pentosan polysulfate sodium on joint structure and function out to six months in naturally-occurring canine osteoarthritis" in PLOS One, a globally recognised peer-reviewed open-access scientific journal. Key findings included that PPS-treated dogs demonstrated sustained reductions in chronic pain and normalization of gait symmetry through 26 weeks (six months), compared with placebo. Covered by PharmaDispatch.
Paradigm also signed a binding term sheet with AVet Health for the co-development and exclusive licensing of a novel oral combination therapy comprising pentosan polysulfate sodium and a COX-2 inhibitor for the treatment of osteoarthritis in companion animals. The collaboration provides Paradigm a non-dilutive pathway to progress this promising asset in the animal health sector while remaining fully focused on its pivotal Phase 3 PARA_OA_012 clinical trial.
Bioxyne (ASX: BXN) secured its first purchase orders for GMP-manufactured psilocybin capsules in Australia, marking an important step in early commercial traction. As Australia’s TGA GMP-licensed psilocybin manufacturer, BXN is delivering pharmaceutical-grade products that meet both Australian and international standards. Covered by Cannabiz and Stockhead
INDUSTRIALS
ECS Botanics (ASX: ECS) signed a distribution agreement with Nimbus Health, a leading German medicinal cannabis distributor, taking ECS into Europe’s largest cannabis market with a value-focused, organic product range. Covered by Cannabiz, Stockhead, The Market Bull, The Armchair Analyst and StockWireX.
Bio-Gene Technology (ASX: BGT) commenced its pivotal OECD 443 extended one generation reproductive toxicity study for Flavocide®, a core component of its active ingredient registration data package in Australia and key international markets. The dose range finding study is complete, with the main study now underway and preliminary results expected in September 2026, marking a significant step toward regulatory approval and commercialisation of Flavocide®.
CORPORATE NEWS
Canadian Phosphate (ASX: CP8) appointed a Strategic Advisory Team to help support its Board and Management deliver its mine-to-market strategy for its phosphate projects in Canada. The team comprises geologist Nathan (Nate) Schmidt, phosphate executive Marten Walters and manufacturing and operations leader Cory Avison.
South Harz Potash (ASX: SHP) proposes to change its name to Turnstone Resources Ltd, subject to shareholder approval at an upcoming General Meeting to be held in March. The change of name reflects the substantial diversification of its portfolio aligned with the European critical minerals growth strategy.
Ionic Rare Earths (ASX: IXR) initiated organisational changes to drive its global rare earth magnet expansion, including the relocation of Managing Director, Tim Harrison, to Belfast and the appointment of new, highly experienced strategic advisors, Constantine Karayannopoulos and James Rutherford.
Evergold Minerals (ASX: EG1) raised A$5.23 million to fast-track high-priority gold exploration across Western Australia’s leading gold districts. Strong investor backing enables drilling and geophysical programs at Mt Monger to commence this quarter, supports continued resource growth at Leonora, and positions the company to leverage favourable gold market conditions in Tier-1 jurisdictions. Covered by Middle News
Alligator Energy (ASX: AGE) officially launched the Bankable Feasibility Study for the Samphire Uranium Project, appointing Ammjohn Solutions Pty Ltd as Project Manager and lead engineering support. This marks another important milestone in progressing and de-risking Samphire toward development. Covered by mining.com.au
Enova Mining (ASX: ENV) secured firm commitments to raise $2M via a strongly supported Placement at $0.006 per share, with demand exceeding the targeted amount. Funds will accelerate follow-up drilling at East Salinas after the ionic adsorption style REE discovery, progress a deep diamond program at Charley Creek targeting >1% TREO mineralisation open at depth, and advance metallurgical and regional exploration work across the portfolio.
FireBrick Pharma (ASX: FRE) appointed Al Moghaddam as Non-Executive Director with effect from 1 March. Mr Moghaddam brings three decades of experience across the global Pharma and Healthcare sectors, beginning his career with foundational commercial and leadership roles at Allergan Bristol Myers Squibb and Teva.
Kalamazoo Resources (ASX: KZR) completed a significantly oversubscribed Share Purchase Plan, with applications of approximately $8.6 million. The Company elected to accept funds of $4.1 million, above its original target of $2 million, with 21% of shareholders participating. Covered by Mining.com.au
Kali Metals (ASX: KM1) finalised a $7m placement to progress ongoing exploration programs at its Marble Bar Gold Project and Higginsville Lithium Project. The placement was completed at $0.18 per share, a nil discount to the last closing price, with strong support from new and existing institutional and sophisticated investors. Covered by The West.
Emyria (ASX: EMD) announced its shares will now be traded via Frankfurt Quotation Board (Open Market) under the ticker FSE: Q84, broadening opportunity to invest in a mental health company that is rapidly expanding its MDMA treatment clinics footprint, treating PTSD with support from Medibank and Dept of Veterans Affairs.
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