# Mining News in Tasmania

Canonical page: https://atlas-staging.minestarters.com/news?regions=australia_tas

Atlas summarizes and classifies mining-industry stories from third-party publishers. Follow each source link for the original reporting.

Results: 44
Returned: 10
Coverage: drill results, resource updates, and metallurgy; primary commodity matching; all time unless dates are supplied.
Region: Tasmania (australia_tas)
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## flynn gold extends gold tungsten firetower

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/flynn-gold-extends-gold-tungsten-firetower--a24a12a8-cc8a-498d-a5ae-0e007c12bd5d) · [Markdown](https://atlas-staging.minestarters.com/news/flynn-gold-extends-gold-tungsten-firetower--a24a12a8-cc8a-498d-a5ae-0e007c12bd5d.md)
- Original announcement: 2026-10-19T11:15:59.471Z
- Atlas analysis published: 2026-10-19T11:20:16.186Z
- Atlas analysis updated: 2026-10-19T11:20:16.186Z
- Company: Flynn Gold
- Original source: [miningtechnology](https://www.mining-technology.com/news/flynn-gold-extends-gold-tungsten-firetower/)
- Atlas sentiment: 0.649
- Atlas tags: Step-Out Extension, Nearology Play

Flynn Gold has reported high-grade gold and tungsten drill results at its Firetower Project in Tasmania. The results from hole 2019FTD003E include a significant 12.95m intercept and support the extension of the polymetallic system.

## LDR: Quarterly Activities/Appendix 5B Cash Flow Report

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/ldr-quarterly-activities-appendix-5b-cash-flow-report--ce425da3-007e-4d6c-9341-fa6188ece848) · [Markdown](https://atlas-staging.minestarters.com/news/ldr-quarterly-activities-appendix-5b-cash-flow-report--ce425da3-007e-4d6c-9341-fa6188ece848.md)
- Original announcement: 2026-10-19T04:00:00.000Z
- Atlas analysis published: 2026-10-19T04:14:03.530Z
- Atlas analysis updated: 2026-10-19T04:14:03.530Z
- Company: Lode Resources Ltd (LDR)
- Original source: [asx](https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03154086)
- Atlas sentiment: 0.748
- Atlas tags: Bonanza Intercept, Bonanza Intercept, Step-Out Extension, QA/QC Disclosed, Metal Equivalent Opaque, Deleterious Elements Present, Inferred Resource, Indicated Resource, Maiden Resource, JORC Compliant, QP/CP Signed, Cut-off Disclosed

Lode Resources reported high-grade drill intercepts from its Montezuma Silver & Antimony Project, including a new Moores Lode discovery and extensions to the Montezuma Lode, which significantly expands the project's resource growth potential. The company also announced new gold intercepts at the Uralla Gold Project, further supporting the Intrusive Related Gold System model. Lode Resources ended the quarter with a strong cash position and no debt, with several exploration programs advancing across its Tasmanian and NSW projects.

## Flynn Gold adds another piece to Firetower gold-tungsten puzzle

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/flynn-gold-adds-another-piece-to-firetower-gold-tungsten-puzzle--a24af356-0913-4a51-82a6-87924229219a) · [Markdown](https://atlas-staging.minestarters.com/news/flynn-gold-adds-another-piece-to-firetower-gold-tungsten-puzzle--a24af356-0913-4a51-82a6-87924229219a.md)
- Original announcement: 2026-10-18T23:25:08.000Z
- Atlas analysis published: 2026-10-19T01:04:42.299Z
- Atlas analysis updated: 2026-10-19T01:04:42.299Z
- Company: Flynn Gold (FG1)
- Original source: [stockhead](https://stockhead.com.au/resources/flynn-gold-adds-another-piece-to-firetower-gold-tungsten-puzzle/)
- Atlas sentiment: 0.441
- Atlas tags: Step-Out Extension, Bonanza Intercept

Flynn Gold has reported new drill assays from its Firetower project in Tasmania, extending gold-tungsten mineralisation to the northwest. The results include a high-grade intercept and support a revised structural model, paving the way for upcoming metallurgical testing and a maiden mineral resource estimate.

## G11: Beatrice Prospect now part of summer drill program

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/g11-beatrice-prospect-now-part-of-summer-drill-program--bfd98bc1-fc8c-4d8b-935b-1aad873393c6) · [Markdown](https://atlas-staging.minestarters.com/news/g11-beatrice-prospect-now-part-of-summer-drill-program--bfd98bc1-fc8c-4d8b-935b-1aad873393c6.md)
- Original announcement: 2026-10-15T22:37:00.000Z
- Atlas analysis published: 2026-10-15T23:15:30.227Z
- Atlas analysis updated: 2026-10-15T23:15:30.227Z
- Company: G11 Resources Limited (G11)
- Original source: [asx](https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03153269)
- Atlas sentiment: 0.063
- Atlas tags: None

G11 Resources Limited announced a planned five-hole diamond drill program at its Beatrice Prospect in Tasmania, targeting polymetallic mineralization. The program is justified by historical drilling, including an intercept of 5.5m at 2.13 g/t Au, 28 g/t Ag, 0.21% Cu, 2.13% Pb, and 2.08% Zn from 58m in drillhole MS11. However, the company cautions that these historical results are not JORC 2012 compliant and have not been independently verified.

## ELT: Cleveland Tin-Tungsten Resource Growth Drilling

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/elt-cleveland-tin-tungsten-resource-growth-drilling--4671fbe3-00fb-4bb2-aaf8-1add7c66482f) · [Markdown](https://atlas-staging.minestarters.com/news/elt-cleveland-tin-tungsten-resource-growth-drilling--4671fbe3-00fb-4bb2-aaf8-1add7c66482f.md)
- Original announcement: 2026-10-15T22:29:00.000Z
- Atlas analysis published: 2026-10-15T23:15:11.168Z
- Atlas analysis updated: 2026-10-15T23:15:11.168Z
- Company: Elementos Limited (ELT)
- Original source: [asx](https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03153250)
- Atlas sentiment: 0.343
- Atlas tags: Nearology Play

Elementos Limited has received approval for a 3,600m diamond drilling program at the Cleveland Project in Tasmania. The program will target tin-copper extensions and tungsten mineralization in the Foleys Zone, aiming to upgrade exploration targets into Mineral Resources.

## Stellar’s high-grade tin hit stretches Severn towards Montana

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/stellar-s-high-grade-tin-hit-stretches-severn-towards-montana--af3cdfb4-76eb-4e7a-8fac-b732ddfdd15d) · [Markdown](https://atlas-staging.minestarters.com/news/stellar-s-high-grade-tin-hit-stretches-severn-towards-montana--af3cdfb4-76eb-4e7a-8fac-b732ddfdd15d.md)
- Original announcement: 2026-10-07T04:20:50.000Z
- Atlas analysis published: 2026-10-07T05:03:29.938Z
- Atlas analysis updated: 2026-10-07T05:03:29.938Z
- Company: Stellar Resources (SRZ)
- Original source: [stockhead](https://stockhead.com.au/resources/stellars-high-grade-tin-hit-stretches-severn-towards-montana/)
- Atlas sentiment: 0.686
- Atlas tags: Step-Out Extension, Inferred Resource

Stellar Resources has reported high-grade tin intercepts from drilling 150m north of its Severn resource in Tasmania. The results, including an intercept of 3.9m at 0.82% Sn, support the geological continuity between the Severn and Montana resources, offering potential for a larger unified deposit.

## SRZ: Severn Drilling Hits High Grade Tin 150m North of Resource

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/srz-severn-drilling-hits-high-grade-tin-150m-north-of-resource--019e3b26-ceca-414d-b9c5-b9fe1faf09f0) · [Markdown](https://atlas-staging.minestarters.com/news/srz-severn-drilling-hits-high-grade-tin-150m-north-of-resource--019e3b26-ceca-414d-b9c5-b9fe1faf09f0.md)
- Original announcement: 2026-10-06T22:25:00.000Z
- Atlas analysis published: 2026-10-06T23:05:50.434Z
- Atlas analysis updated: 2026-10-06T23:05:50.434Z
- Company: Stellar Resources Limited (SRZ)
- Original source: [asx](https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03149394)
- Atlas sentiment: 0.748
- Atlas tags: Bonanza Intercept, Bonanza Intercept, Step-Out Extension, QA/QC Disclosed, Compositing Transparent, Apparent Width Only

Stellar Resources Limited announced high-grade tin drill results from hole ZM194 at its Heemskirk Tin Project in Western Tasmania, extending the Severn structure 150m north of the existing resource. Key intercepts include 2.1m at 1.40% Sn and 0.9m at 1.39% Sn, indicating potential to link the Severn and Montana resources. The company is undertaking follow-up drilling and integrating these extensions into its Prefeasibility Study to optimize the project's development case.

## MLX: Exploration Update

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/mlx-exploration-update--76326b11-492f-4b65-967b-4293bd8759ac) · [Markdown](https://atlas-staging.minestarters.com/news/mlx-exploration-update--76326b11-492f-4b65-967b-4293bd8759ac.md)
- Original announcement: 2026-10-06T22:24:00.000Z
- Atlas analysis published: 2026-10-06T23:20:05.548Z
- Atlas analysis updated: 2026-10-06T23:20:05.548Z
- Company: Metals X Limited (MLX)
- Original source: [asx](https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03149389)
- Atlas sentiment: 0.738
- Atlas tags: Bonanza Intercept, Step-Out Extension, QA/QC Disclosed, Apparent Width Only

Metals X Limited has reported new high-grade tin drill results from its Renison Tin Operations in Tasmania, where it holds a 50% interest. Drilling at the Ringrose Prospect intersected significant mineralization, including 6.0m at 2.41% Sn, and identified a previously unrecognised offset suggesting the deposit is open at depth. Further exploration drilling at Ring River returned encouraging results, such as 2.0m at 7.13% Sn, extending mineralization by 200m. These results reinforce the potential to extend the mine life and leverage existing infrastructure.

## FG1: Bulk Sample Sent to Henty Gold Mine for Processing Testwork

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/fg1-bulk-sample-sent-to-henty-gold-mine-for-processing-testwork--f45a90c1-8b30-455b-963f-55942577866a) · [Markdown](https://atlas-staging.minestarters.com/news/fg1-bulk-sample-sent-to-henty-gold-mine-for-processing-testwork--f45a90c1-8b30-455b-963f-55942577866a.md)
- Original announcement: 2026-10-05T22:34:00.000Z
- Atlas analysis published: 2026-10-05T23:03:53.994Z
- Atlas analysis updated: 2026-10-05T23:03:53.994Z
- Company: Flynn Gold Limited (FG1)
- Original source: [asx](https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03148783)
- Atlas sentiment: 0.654
- Atlas tags: QP/CP Signed, JORC Compliant, Historical Estimate Only, All Inferred, Stale Data Re-release, Stale Data Re-release, Stale Data Re-release, Bench Scale Only, Refractory Ore, Bonanza Intercept, Bonanza Intercept, Bonanza Intercept, Apparent Width Only, Mill Route, Gravity Route

Flynn Gold has delivered a 3.7-tonne bulk sample from its Golden Ridge Project to the Henty Gold Mine for processing testwork, following an Ore Purchase Agreement signed in August 2026. This initiative aims to simulate Henty's processing plant conditions to determine expected gold recoveries, building on historical sighter testwork that yielded 94.9% gold extraction from 10.5 g/t Au material. The company views this as a significant step towards future gold production, potentially reducing upfront capital requirements.

## LDR: 5 High Grade Intercepts and New Lode in Montezuma Drill Hole

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/ldr-5-high-grade-intercepts-and-new-lode-in-montezuma-drill-hole--bd9d6745-373d-4fcc-b6dd-a265605c874e) · [Markdown](https://atlas-staging.minestarters.com/news/ldr-5-high-grade-intercepts-and-new-lode-in-montezuma-drill-hole--bd9d6745-373d-4fcc-b6dd-a265605c874e.md)
- Original announcement: 2026-10-05T21:20:00.000Z
- Atlas analysis published: 2026-10-05T22:19:56.070Z
- Atlas analysis updated: 2026-10-05T22:19:56.070Z
- Company: Lode Resources Ltd (LDR)
- Original source: [asx](https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03148652)
- Atlas sentiment: 0.842
- Atlas tags: Mill Route

Lode Resources Ltd announced exceptional high-grade polymetallic drill results from hole MZS43 at its Montezuma Silver & Antimony Project in Tasmania, including the discovery of a new lode and extensions to existing mineralization. The drilling returned multiple significant intercepts with bonanza grades for silver, copper, antimony, and tin, demonstrating strong endowment and resource growth potential. These results also confirm a second silver-zinc replacement mineralization style, providing additional exploration targets for the project.

# Atlas tag definitions

- **Bonanza Intercept:** Exceptionally high-grade zone, well above the deposit-type norm.
- **True Width Disclosed:** Actual thickness perpendicular to structure is stated, not just downhole length.
- **Step-Out Extension:** Mineralization extended beyond the previously known limit.
- **QA/QC Disclosed:** Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
- **Compositing Transparent:** Cut-off grade and internal dilution rules are clearly stated for reported intervals.
- **Refractory Ore:** Complex mineralogy requiring oxidation or other special processing before recovery.
- **Apparent Width Only:** Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
- **Stale Data Re-release:** Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
- **No QA/QC Disclosure:** Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
- **Metal Equivalent Opaque:** Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
- **Cut-off Undisclosed:** Cut-off grade not disclosed — cannot assess comparability to prior estimates or peers.
- **Deleterious Elements Present:** Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
- **Infill Drilling:** Confirmatory drilling to raise resource confidence, not new discovery.
- **Nearology Play:** Value premise rests on proximity to a known deposit rather than own results.
- **Measured Resource:** Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
- **Indicated Resource:** Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
- **Proven Reserve:** Measured Resource with demonstrated economic viability after applying modifying factors.
- **Probable Reserve:** Indicated Resource with demonstrated economic viability after applying modifying factors.
- **Category Upgrade:** Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.
- **Tonnage Growth:** Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
- **Grade Improvement:** Average resource grade improved vs prior estimate — better deposit economics.
- **Contained Metal Growth:** True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
- **QP/CP Signed:** Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
- **Cut-off Disclosed:** Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
- **JORC Compliant:** Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
- **NI 43-101 Compliant:** Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
- **Inferred Resource:** Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
- **All Inferred:** 100% of resource is Inferred category — very early stage, no engineering confidence.
- **Grade Decline:** Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
- **Tonnage Decline:** Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
- **Category Downgrade:** Resource confidence decreased — Measured downgraded to Indicated, or Indicated to Inferred. Unusual and concerning.
- **Contained Metal Decline:** Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
- **Dilutive Growth:** Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.
- **Cut-off Lowered:** Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation.
- **Cut-off Undisclosed:** Cut-off grade not disclosed — cannot assess comparability to prior estimates or peers.
- **Historical Estimate Only:** Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.
- **Stale Estimate:** Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
- **No Contained Metal:** Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
- **No QP/CP Disclosure:** No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
- **Maiden Resource:** First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
- **Resource Update:** Revised estimate for an existing resource — compare to prior to assess progress.
- **PEA-Supporting:** Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
- **PFS-Supporting:** Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
- **DFS-Supporting:** Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
- **High Recovery:** Recovery at or above the exceptional band for the commodity and processing route.
- **Pilot Scale Complete:** Pilot or demonstration plant testing completed under continuous operation.
- **Free Milling:** Simple, clean ore amenable to standard processing without oxidation.
- **Multi-Domain Tested:** Variability across ore domains (oxide, transition, fresh) has been addressed.
- **Recovery Improving:** Recovery improved versus a like-for-like prior test program on the same domain and route.
- **Low Recovery:** Recovery below the weak band for the commodity and processing route.
- **Bench Scale Only:** Only preliminary bench tests completed — no locked-cycle or pilot work.
- **Refractory Ore:** Complex mineralogy requiring oxidation or other special processing before recovery.
- **Single Domain Only:** Testing limited to one composite or domain — representativeness not established.
- **Recovery Stagnant:** No improvement across multiple test programs on comparable material.
- **Theoretical Recovery Only:** Only theoretical or liberation-derived recovery reported, with no actual test result.
- **Heap Leach Route:** Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.
- **Mill Route:** Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
- **Gravity Route:** Gravity separation forms a material part of the flowsheet.
- **POX/BIOX Route:** Pressure or bio-oxidation for refractory ore — high CAPEX and OPEX.
- **Byproduct Commodity:** The tested commodity is a byproduct rather than the primary economic driver.