Daily Roundup

Kingston Resources Confirms Jack's Hut as Second Underground Ore Source

Kingston Resources is moving closer to establishing Jack's Hut as a second underground ore source at its Mineral Hill operation. The company's recent infill drilling results have validated the existing geological interpretation at the deposit, which sits immediately south of the current underground development. The drilling program successfully increased drill density around conceptual stope areas, providing confidence in the location, continuity, and grade of mineralisation. With surface drilling planned for October to test potential depth extensions, Kingston is building momentum toward an updated Mineral Resource estimate targeted for the March quarter of 2027.

Krakatoa Resources Strikes High-Grade Gold and Antimony at Zopkhito

Over in Georgia, Krakatoa Resources is delivering impressive results from its Zopkhito Antimony-Gold Project. The first batch of assay results from the 2026 drilling program reveals multiple zones of significant mineralisation, with peak grades hitting 17.1 grams per tonne gold and 15.3% antimony. The highest-grade intersection came in at 1.8 metres grading 11.09g/t Au and 3.56% Sb. These results align with historical data and confirm the continuity of mineralisation across both surface and underground drilling programs. Krakatoa is using this data to convert the current foreign resource estimate into a JORC 2012 standard Mineral Resource Estimate, with exploration work continuing to expand the footprint of mineralised veins.

Red Hill Minerals Delivers Strong FY26 Results and Dividend

Red Hill Minerals has capped off a solid financial year with a final fully franked dividend of 10.8 cents per share. The company reported total income of $31.56 million—including $28.8 million in royalty income—and a profit after tax of $20.1 million. With a net cash position of $62.77 million as at 30 June 2026, Red Hill is well-positioned to continue rewarding shareholders while funding exploration programs and pursuing further royalty acquisitions. The final dividend will be paid on 30 September 2026.

Black Cat Syndicate Appoints Acting Managing Director

Black Cat Syndicate has appointed Chris Stone as Acting Managing Director, effective 8 September 2026. Stone brings over 35 years of mining industry experience across gold, nickel, copper, and coal operations. His appointment will guide the company through the transition period as it searches for a permanent replacement. With a strong track record in safety, technical functions, and stakeholder engagement, Stone is expected to help deliver value for shareholders during his tenure.

BTC Health Faces Supply Disruption as Arna Pharma Enters Administration

BTC Health has flagged a significant supply challenge following the voluntary administration of Arna Pharma, the manufacturer of its key products Bronchitol® and Aridol®. While BTC Health says it isn't financially exposed to Arna Pharma, the disruption will impact sales. The company currently holds approximately eight months of Bronchitol® stock but less than one month of Aridol® stock. BTC Health is now expecting sales of these products to drop to around $0.5 million in FY2027 without further supply. The company is engaging with administrators and relevant authorities to work toward continuity of supply, though Arna Pharma's stated intention to recapitalize remains unverified.