Latest Definitive Feasibility Study News

Blaze Minerals has struck a binding deal to acquire a majority interest in two historically rich tungsten projects in Uganda, backed by a $2.25 million capital raise to fund exploration and acquisition costs.

Vanadium Resources (ASX: VR8) has locked in a right of first refusal and exclusivity option over a prime brownfield site in South Africa’s Highveld Industrial Park for its planned V-Iron Plant, reinforcing its path towards feasibility and financing.

Anax Metals is upgrading its Whim Creek Heap Leach Scoping Study to a Feasibility Study, aiming to unlock additional value from low-grade copper and zinc ores alongside its strong concentrator project.

Fenix Resources has announced a maiden Ore Reserve of 26.9 million tonnes at 60.0% iron for its Beebyn Hub, combining the updated Beebyn-W11 and new Beebyn-W10 Stage 1 mines. This reserve underpins the company’s plan to ramp production to 6 million tonnes per annum by FY28 and secures over five years of mine life at current rates.

Vulcan Energy has unveiled a Preliminary Feasibility Study for Project Ludwig, its second lithium and geothermal phase in Germany, projecting stronger economics and a repeatable growth model.

A2MP Investments has issued a third supplementary bidder's statement disputing the valuation and assumptions underpinning Canyon Resources' takeover response, highlighting persistent funding uncertainties and project execution risks. The bidder insists its offer remains the sole liquidity option for shareholders ahead of the September 21 deadline.

Argosy Minerals has raised $3 million through a placement at a 19% discount, with an additional $500,000 sought via a Share Purchase Plan to fund its 12ktpa Rincon Lithium Project development.

Geopacific Resources has completed a drilling campaign at its Woodlark Gold Project, delivering significant high-grade gold intercepts that reinforce and extend known mineralisation, potentially enhancing project economics.

Investigator Silver has reported extraordinary silver grades well beyond the current Paris Project pit limits, including an eye-watering 1m at 13,302g/t Ag, alongside discovery of a new silver-bearing system at Theseus. These results could significantly expand the project's resource base ahead of planned follow-up drilling.

Tungsten Mining’s Mt Mulgine Pre-Feasibility Study reveals a 21-year mine life with A$6.8 billion pre-tax NPV and production starting in 2029, positioning it as the globe’s most competitive tungsten operation.

Asara Resources has more than doubled its Kada Gold Project resource to 2.1 million ounces, including 1.3 million ounces in the indicated category, following a 73,000-metre drilling campaign. The company is fully funded to complete a Definitive Feasibility Study by mid-2027, positioning itself for rapid development in Guinea’s prolific Siguiri Basin.

QMines Limited reports strong copper and gold intersections from two recent drill holes at Mt Chalmers, reinforcing the project's potential with ongoing drilling and assays.