Our Projects
Opal Resources owns projects in New South Wales and South Australia, and keeps an interest in projects it has sold in Utah and Western Australia. Each wholly-owned project has a live dashboard and 3D model, which we update as work progresses. Project decks and data rooms are available on request under a confidentiality agreement.
Wholly-owned projects

Avonlea
A heavy rare earth project 16 km north-north-east of Inverell. A 1988 diamond hole, re-assayed in 2022, returned 5.26 m @ 1,283 ppm TREO from 5 m in weathered Texas Beds clay. Earlier explorers assayed for bauxite only.
- CommodityHeavy rare earths (clay)
- TenureELA 7140 · 322 km²
- Opal interest100%
- Next stepLeach test

Wheal Ellen & Mount Torrens
Two base and precious metal projects in the Kanmantoo Trough, with historical workings, drill-ready EM and magnetic targets, and full data rooms.
- CommodityPb-Zn-Ag-Au-Cu
- Wheal Ellen tenureEL 7124
- Mt Torrens (historical)700 kt @ 6.4% Pb, 1.6% Zn, 41 g/t Ag
- Opal interest100%

Wintinna
A thermal coal project in the Arckaringa Basin. About 85% of the 837 Mt historical resource lies inside Opal's EL 7142.
- CommodityThermal coal
- TenureEL 7142
- Resource (historical)837 Mt (~85% in EL 7142)
- Opal interest100%
Projects sold, interest retained

Horn Silver / Porphyry Peak
Sold to Diablo Resources (ASX: DBO). Opal holds Diablo shares and keeps a 20% free-carried interest.
- PartnerDiablo Resources
- Opal interest20% free-carried

Olympus
Sold to Hawk Resources (ASX: HWK). The sale completed in September 2026. Opal keeps a 20% free-carried interest.
- PartnerHawk Resources
- Opal interest20% free-carried

Dragonfly (Olympus South)
Divested to Wascan Pty Ltd. Opal keeps a 44% free-carried interest and does not contribute to exploration costs.
- PartnerWascan Pty Ltd
- Opal interest44% free-carried