Latest Als News

Rimfire Pacific Mining has boosted its Murga Scandium Deposit resource by 300%, lifting the inferred mineral resource to 56.1 million tonnes at 138ppm scandium. The deposit’s low iron content hints at potential cost savings via atmospheric leaching, with follow-up drilling and metallurgical tests slated for mid-2026.

OD6 Metals has announced continuous and high-grade fluorspar mineralisation at its Quinn Fluorspar Project in Nevada, with channel sampling returning 12 metres at an average grade of 40.8% CaF2, including a peak of 54.0% CaF2. These results validate historic data and indicate a large-scale breccia replacement system with significant untested potential.

Orora has lowered its FY26 EBIT forecast for its Saverglass business due to direct operational impacts and indirect market shifts stemming from the ongoing Middle East conflict, while maintaining stable guidance for other segments.

Magnum Mining and Exploration has verified exceptionally high-grade gold assays up to 178 g/t Au at its Red Breccia target within the Parker Project, Arizona, reinforcing it as a priority drill target alongside Eagle Nest and NSW Detachment. The company is progressing drill permitting with first-pass drilling planned upon approval.

Gold Mountain Limited (ASX: GMN) has announced assay results from 41 diamond drill holes at its Irajuba IR-1 prospect in Brazil, doubling the drilled resource area and confirming thick zones of high-grade rare earth mineralisation with a strong magnet rare earth oxide content.

Bayan Mining and Minerals Limited has verified key rare earth element minerals at its Desert Star project in California, confirming a phosphate-rich hard-rock system dominated by light rare earth elements. The company is advancing towards its maiden drill program following regulatory approvals.

Lithium Energy Limited has completed its initial drilling campaign at the Sandy Creek Prospect within Queensland’s Capricorn Gold-Copper Belt, with assay results expected in late May 2026. The company’s next steps hinge on these findings amid a region rich in historic mineralisation.

Unity Metals has reported promising high-grade gold intersections from initial drilling at its Ngot Gold Project, with assays confirming mineralisation similar to the nearby Okvau Mine. The ongoing 8,000m drilling program is progressing well, with further results eagerly awaited.

Norwest Minerals has announced a substantial 74% increase in its Bulgera Gold Project resource, now totaling 501,000 ounces, driven by deeper drilling and a strategic cut-off grade revision aligned with heap leach economics.

Rumble Resources has reported promising metallurgical testwork from its Western Queen Gold and Tungsten Project, confirming the potential for high-grade tungsten concentrate production alongside gold. The company is advancing a scoping study to fast-track tungsten mining and processing amid soaring global prices.

Golden Dragon Mining has identified multiple high-priority gold targets across its expansive Cue Gold Project in Western Australia, following an independent review. Recent drilling campaigns at key prospects have concluded, with assay results eagerly awaited.

SQX Resources has reported outstanding gold assay results from systematic channel sampling at its Red Bird Gold Project in Arizona, confirming high-grade continuity and promising bulk-tonnage potential. The company’s maiden drilling program is complete, with assay results expected soon.