Latest Direct Shipping Ore News

Black Canyon Limited has reported encouraging beneficiation testwork results from its Wandanya manganese project, achieving manganese oxide concentrate grades exceeding 40% using simple density-based methods. The company has also commenced a 15,000m drilling program alongside environmental surveys, progressing the project towards scoping-level economic evaluation.

Felix Gold has exercised its option to acquire 100% ownership of the Treasure Creek mining claims in Alaska, securing a strategic foothold in a project hosting high-grade antimony ore that meets U.S. military specifications alongside significant gold resources.

Felix Gold has confirmed its Treasure Creek antimony ore meets stringent US military-grade concentrate standards directly from the mine, advancing plans for domestic processing facilities. Independent testwork validates multiple efficient ore-to-metal pathways, positioning the company at the forefront of US critical minerals supply.

Strike Resources has agreed to sell a further 28.52% indirect stake in its Apurimac Iron Ore Project to JE United Ltd for A$5.5 million, while securing a US$5 million credit facility to accelerate project development and iron ore marketing.

Black Canyon Limited reports promising metallurgical results from its Wandanya Project, confirming high-quality direct shipping ore potential for manganese and iron. The company is gearing up for a significant 15,000m drilling campaign to expand and infill its resource.

Polymetals Resources has begun mining high-grade silver ore at its Endeavor mine, revealing silver grades significantly above expectations and initiating a direct shipping ore trial to capitalise on newfound value.

AKORA Resources has secured a 25-year mining permit for its high-grade Bekisopa iron ore project in Madagascar, marking a pivotal step from exploration to development and unlocking new financing and partnership opportunities.

Great Divide Mining and Dart Mining report record high-grade gold, silver, and antimony assays from ongoing drilling at the Banshee prospect, advancing the Coonambula project towards a maiden resource estimate.

Accelerate Resources has revealed multiple high-grade manganese discoveries grading up to 59.4% Mn along a newly defined 4km corridor at its Woodie Woodie North Project in Western Australia. The company plans maiden drilling after heritage clearances to test these promising targets.

IRIS Metals has raised $5.5 million through a strongly supported placement to accelerate development of its critical minerals portfolio in the United States, including early sales from its Beecher Project.

Horseshoe Metals has reported strong drilling results at its Horseshoe Lights project, confirming extensive copper oxide mineralisation and advancing funding talks. The company is gearing up for a Direct Shipping Ore operation to generate early revenue.

Chariot Resources reports promising high-grade lithium assays in Nigeria and advances US exploration with 32 new drilling targets, while securing strategic MOUs for financing and offtake.