Highlights
Challenger Gold Project, SA (100%)
Drilling confirms new high-grade mineralisation up to 170g/t Au in ‘main' pit (read), up to 60g/t Au at Challenger West (read), new open pittable mineralisation at CSSW and Challenger 3 (read)
Definitive Feasibility Study (DFS) ongoing; existing mill suitable for recommissioning, scenario analyses now underway (read)
JORC Mineral Resources Estimate (MRE) update pending; Barton targeting DFS publication during Q1 CY 2027
Tunkillia Gold Project, SA (100%)
‘Phase 2' upgrade drilling yields highest-grade assays to-date from ‘Area 51' zone (read) and southern ‘Area 223' zone (read), indicating potential growth in Resources, open pit and mine life
‘Phase 2' reverse circulation (RC) drilling expanded to ~40,000m following analysis of ‘Phase 1' and ‘Phase 2' results to-date (read), with ~3,000m dual rig diamond drilling (DD) commenced (read)
Builders are collaborating with landscape professionals to create seamless indoor-outdoor environments tailored to South Florida's coastal climate and luxury lifestyle
Read MoreCompany selected under DOE's Genesis Mission initiative to develop artificial intelligence technologies that will optimize domestic rare earth separation. Successful Phase I projects have the opportunity to advance to Phase II for additional federal funding.
Read MoreFully funded Phase 1 drill campaign launches the first modern test of the Company's new geological model, targeting high-priority structural gold zones with the flexibility to expand the program based on drilling results and geological observations.
Read MoreManagement to present the Company's modern geological thesis to a broad U.S. investor audience on July 23, 2026, ahead of the commencement of Four Nines fully funded maiden drill program at Hayden Hill.
Read MoreNews Release Highlights:
Battery X Metals has successfully completed a first-generation proprietary Tesla Model 3 and Model Y battery adaptor working prototype, marking a significant commercial readiness milestone for its patent-pending lithium-ion battery rebalancing platform. The Tesla Model 3 and Model Y represent one of the world's largest installed electric vehicle platforms and collectively account for more than half of the U.S. electric vehicle market, with the Model Y representing approximately 34.2% of U.S. EV sales and the Model 3 approximately 20.2%, reinforcing the strategic importance of compatibility with these battery architectures
The engineering validation program successfully confirmed the Tesla Adaptor's proprietary interface architecture, including mechanical fitment, dimensional accuracy, electrical interface alignment and standardized battery pack connectivity. Management believes this establishes a repeatable engineering framework to support future proprietary adaptor development across additional high-volume electric vehicle battery platforms.
Battery X Metals has commenced the next phase of development focused on advancing the Tesla Adaptor toward a production-oriented commercial product. As part of this initiative, the Company has acquired a Tesla Model 3 battery pack for dedicated research and development, engineering validation and working prototype testing while continuing to expand compatibility across additional high-volume electric vehicle battery platforms.
- Consolidated gold production of 13,057 ounces - Turmalina mine contributes 31% in its first full quarter since restart; cash position strengthens to US$74.8 million
Read MoreGLOBAL APPAREL BRAND SIGNS LOI FOR MULTI YEAR OFFTAKE AGREEMENT FOR INFINITE LOOP
INDIA
CONTINUED PROGRESS ON INDIA AND EUROPEAN PROJECT
LOOP MANAGEMENT TO HOLD UPDATE CALL AT 8:45 AM ET ON THURSDAY, JULY 15, 2026
Fully funded Phase 1 program will test high-priority structural gold targets generated through modern 3D geological modelling and reinterpretation of a historic California gold system.
Read MoreMcAllen, Texas Selected as First Market to Launch Innovative "The Outlet Shop by David's Bridal" Combining Full-Price, Designer Bridal with Dedicated In-Store Outlet
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