3 ASX mining shares to buy

The following three ASX mining stocks represent good opportunities for investors as they surged on Tuesday due to positive operational updates and sector tailwinds that have improved investor sentiment.

Solstice Minerals Limited (ASX: SLS) 

announced strong early drilling results on 3 February 2026 from its Phase 1 RC program at the 100% owned Nanadie Copper Gold Project in Western Australia.

The company reported wide and high-grade copper gold intercepts from the first five drill holes including a standout result of 62 metres at 1.55% copper and 0.66 grams per tonne gold to end of hole which highlights the scale and strength of the mineralised system.

Mineralisation extended well beyond the existing 40.4 million tonne resource model which confirms that the system remains open at depth and along strike and improves the exploration upside.
Geological logging also showed a broad mineralised mafic intrusive package over 150 metres wide and at least 900 metres long which supports the potential for meaningful resource expansion through follow up drilling.

Solstice ended December 2025 with a strong cash balance of $13.4 million and the stock rose around 50% on Tuesday, at the time of writing which lifted the company’s market capitalisation to $78.2 million.

Atlantic Lithium Limited (ASX: A11) 

released its December 2025 quarterly update on 29 January 2026 which showed steady progress towards production at its flagship Ewoyaa Lithium Project in Ghana.

A major development during the quarter was the submission of the revised Ewoyaa Mining Lease to Ghana’s Parliament which represents the final permitting step before project financing and development can move ahead.

Exploration activity also continued in Cote d’Ivoire where lithium-in-soil programs at the Rubino and Agboville licences identified large-scale anomalies extending several kilometres which supports future growth optionality beyond Ewoyaa.

The company ended the quarter with $5.4 million in cash, no debt, and access to undrawn equity facilities which provides flexibility to fund ongoing work programs.

After the update, investor sentiment improved and stock rose more than 17% on Tuesday and at the time of writing, the company had a market capitalisation of around $202.16 million.

Tungsten Mining NL (ASX: TGN) 

released its December 2025 quarterly activities report which highlighted momentum at its flagship Mt Mulgine Project alongside a sharp rally in tungsten prices.

During the quarter, the company completed an Integrated Scoping Study for Mt Mulgine which confirmed the potential for a long-life multi-commodity development with attractive economics including a pre-tax NPV of $1.0 to $1.4 billion and an IRR of 30% to 45% under conservative assumptions.

The outlook was further strengthened by a sharp rise in tungsten APT prices which have increased by around 300% over the past 12 months and this reinforces the strategic value of Tungsten Mining’s large resource base.

The company secured firm commitments for a $53 million placement from institutional investors and Investor sentiment improved as the stock rose around 6% on Tuesday which lifted Tungsten Mining’s market capitalisation to approximately $391.09 million at the time of writing.

(Source: Company Reports)