Latest Development Studies News

Aldoro Resources has boosted the Kameelburg rare earth project’s Mineral Resource Estimate to 804.5 million tonnes, now hosting 1.37 million tonnes of contained NdPr oxide; exceeding key western-world deposits. The maiden Indicated Resource and robust metallurgical testwork set the stage for development.

OD6 Metals has completed its acquisition of the Quinn Fluorspar Project, consolidating 100% ownership of 226 mining claims in Nevada and positioning itself as a potential key domestic fluorspar supplier for the US.

Verity Resources has upgraded its Monument Gold Project with a maiden indicated resource and is progressing development studies, while its Botswana copper-silver and Brazil rare earth projects offer multiple growth avenues.

Encounter Resources has significantly extended the shallow, high-grade niobium mineralisation at its Emily deposit and confirmed thick, high-grade zones at Green within the Aileron Project. A 70,000m drilling campaign is underway, underpinning resource growth and development plans.

St George Mining bolsters its Araxá niobium and rare earths project with a $60 million capital raise, appoints Worley as technical adviser, and reports strong metallurgical test results underpinning its dual commodity strategy.

Lode Resources (ASX:LDR) delivered a maiden JORC Mineral Resource Estimate at Montezuma, revealing 8.2Moz AgEq of high-grade silver-antimony, alongside a new silver-zinc mineralisation system that broadens exploration potential.

Latitude 66 secures key exploration permits for its high-grade KSB gold-cobalt project in Finland and reports strong assay results from Laverton drilling in Western Australia, setting the stage for resource growth and development studies.

Sun Silver Limited is drilling to upgrade and grow resources at its Maverick Silver Project in Nevada, while expanding its landholding to 15 kilometres with a strategic acquisition and staking. The company engages Ausenco for scoping studies, holding $23.1 million cash at quarter-end.

Hot Chili Limited is accelerating development at its La Verde copper-gold deposit in Chile, reporting strong drilling results and securing an additional US$15 million via an amended royalty agreement with OR Royalties. The company is progressing environmental assessments and pre-feasibility studies for the broader Costa Fuego project while maintaining a robust cash position.

Legacy Minerals has significantly expanded its Mt Carrington Mineral Resource Estimate to 47.9 million tonnes containing 1.6 million ounces gold-equivalent, boosting the Indicated category by 69% and setting the stage for an optimised scoping study.

High-Tech Metals has completed a major drilling program at Mt Fisher with promising early assays and delivered exceptional metallurgical recoveries at Wagtail, progressing both projects toward near-term production.

Leeuwin Metals has expanded its Marda Gold Project resource to 378,600 ounces, boosting Indicated ounces by 41% and Evanston ounces by 22%. The upgrade sets the stage for development studies and ongoing exploration.