Latest Borates News

Recharge Metals ended FY2026 with $5.61 million in cash after a $5.97 million capital raise and the acquisition of the Sunset Well gold project. The explorer now faces a sharper test: whether drilling can turn Prospero’s 94,500-ounce inferred resource and its broader exploration portfolio into something more substantial.

eMetals has shifted its exploration focus from Uganda to a larger Utah tungsten project, where high-grade re-assays have set up a 17-hole drilling campaign. But the ASX-listed explorer ended the year with $1.79 million in cash, $1.40 million of deferred consideration and an auditor-highlighted material uncertainty over its ability to continue as a going concern.

Kaili Resources has reported a peak one-metre assay of 1,125.51 ppm total rare earth oxides from shallow aircore drilling at its Coodalya tenement in South Australia. The result adds to an emerging zone of elevated values, but the early-stage program has not yet established continuity, scale or economic significance.

Recharge Metals has identified materially higher tungsten grades in selected re-assayed pulps from its Brandy Hill South copper project in Western Australia. The results strengthen the case for a broad Cu-W-Mo system, but the most important evidence still sits in more than 1,000 samples awaiting testing.

Omnia Metals has delivered its first geochemical results from Montana projects, highlighting a standout 209 ppm niobium rock sample at Radix and antimony up to 16 ppm at Stibnite Ridge amid a reduced tenure position.

Sky Metals has reported fresh high-grade tin, tungsten, and silver intercepts beyond its latest Mineral Resource Estimate at the Tallebung project, reinforcing the deposit's expansion potential as the Pre-Feasibility Study nears completion.

Gold Mountain Limited has reported robust assay results from thirteen diamond drill holes at its Irajuba IR-1 Prospect, expanding the rare earth mineralised footprint beyond initial targets to over 1.2 kilometres.

Metals X has increased the Renison Tin Operation's mineral resource tonnage and contained tin, offsetting a slight decline in grade, reflecting ongoing drilling success and resource replenishment.

Basin Energy's maiden drilling at Newmans Prospect outlines a 3.3 km corridor of magnet rare earth mineralisation, validating a preserved-weathering exploration model and identifying two priority target zones for follow-up.

Benz Mining has verified extensive tungsten mineralisation across its 12km Glenburgh Gold System, closely linked with high-grade gold zones. The discovery adds a potential by-product revenue stream as drilling intensifies.

Sky Metals accelerates development of its Tallebung tin-tungsten-silver project with NSW State Significant Development approval process initiated and over 500 drill holes underpinning an updated resource and feasibility study.

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.