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Strata Minerals is progressing its 100%-owned Zelica Gold Project through a series of parallel technical programs designed to de-risk development, improve project understanding and support future mine planning across its prospective 9.5km gold corridor.

🔎 Key Highlights

Multiple technical workstreams underway, including metallurgical, geological, environmental and engineering studies

Metallurgical test work progressing to optimise future gold processing and recovery

Geological interpretation and geochemical studies enhancing the understanding of the mineral system

Waste rock and soil characterisation programs supporting environmental approvals and mine planning

Programs are fully funded through the Mining Services and Profit Share Agreement with BML Ventures

Multiple high-priority exploration targets remain across the 9.5km prospective gold corridor

📊 Market Snapshot

Share Price: $0.016 Market Cap: $7.19M

🚀 Investor Takeaway

By advancing several technical workstreams simultaneously, Strata is reducing development risk while building the foundation for future project advancement. With exploration, engineering and environmental studies progressing in parallel, the Zelica Gold Project continues to move closer to its next stage of development.

Read More: https://colitco.com/strata-minerals-advances-zelica-gold-project/

🔥 The Financial Reset That Could Power Askari's Next Growth Phase

With debt eliminated and exploration accelerating, Askari Metals is entering a new chapter focused on discovery, disciplined capital allocation and long-term shareholder value.

Culpeo Minerals continues to build momentum across its Chilean copper-gold projects, advancing drilling at the Fortuna Project, preparing the next campaign at Lana Corina, and expanding its exploration footprint by 45%. With multiple exploration catalysts on the horizon and a debt-free balance sheet, the Company is well positioned for an active second half of 2026.

🔹 Key Highlights:

Diamond drilling underway at El Quillay South targeting extensions to the 4km-long El Quillay Fault Zone

Rock chip sampling returned up to 3.0% Cu at La Florida and 2.2% Cu at El Quillay

24 line-km IP survey progressing across multiple high-priority copper-gold targets

Preparations continue for the fully funded 2,000m Vista Montana drilling programme

Chilean landholding expanded by 45% to 9,033 hectares with 24 new exploration licences

Ended the quarter with A$2.1M cash and zero debt, supporting ongoing exploration activities

📊 Market Snapshot

Share Price: A$0.012 Market Cap: A$10.33M

🚀 Investor Takeaway

With drilling underway, assay results expected in August, a major land package expansion and another fully funded drill programme approaching, Culpeo is entering a catalyst-rich period that could significantly enhance the scale of its Chilean copper portfolio.

Read More: https://colitco.com/culpeo-chile-copper-projects-colitco/

☆ Quarter Highlights:

➤ Secured 100% ownership of the Rockland Gold Project. ➤ High-grade drilling returned standout gold intercepts, including:

1m @ 20.35 g/t Au

1m @ 5.99 g/t Au

1m @ 4.41 g/t Au

➤ The Capricorn Project continued to progress with the Mining Lease granted, Native Title clearance received, and drilling approvals advancing. ➤ Successfully completed a $2.5 million placement to support ongoing exploration.

☆ Company Leadership:

➤ Mr Jonathan Downes – Managing Director ➤ Mr Steve Formica – Non-Executive Chairman ➤ Mr Graeme Purcell – Non-Executive Director