Latest Economic Assessment News

MinRex Resources Limited and Electrum Discovery Corp. have agreed to merge, creating a well-capitalised gold-copper exploration company with advanced projects in Serbia and Australia. The combined entity aims to accelerate resource growth and exploration across two Tier-1 jurisdictions.

Asian Battery Metals has confirmed expanded high-grade copper and gold mineralisation at its Maikhan Uul project in Mongolia, with new surface and drilling results revealing a larger and more complex system than previously known.

Pursuit Minerals has identified promising gold and silver targets at its Sascha Marcelina project in Argentina, planning a 4,050-metre drilling campaign to test these high-potential zones. The project’s geological similarities to the world-class Cerro Negro system bolster hopes for a significant discovery.

Middle Island Resources’ maiden drilling at Serbia’s Bobija Project reveals a broad, continuous polymetallic mineralised zone with significant gold and silver grades, expanding the known deposit footprint.

Investigator Resources reveals promising updates to the Paris Silver Project DFS, including improved silver recovery and a revised pit optimisation that could expand mineable inventory and enhance project economics.

Fortescue Ltd has announced a binding agreement to acquire the remaining 64% of Alta Copper, gaining full control of the Cañariaco Copper Project in Peru. The deal values Alta Copper at C$139 million and aligns with Fortescue’s expanding copper strategy.

Hot Chili Limited's latest drilling at La Verde confirms a growing higher-grade copper-gold core near surface, promising to enhance the Costa Fuego project's economics and scale.

Kingston Resources has reported strong underground drilling results at its Mineral Hill mine, confirming and expanding the high-grade Southern Ore Zone with significant gold and copper assays.

FireFly Metals has launched a dual capital raising initiative, combining a $5 million Share Purchase Plan for eligible shareholders and a C$15 million Canadian flow-through share offer, aimed at funding key development and exploration activities at its Green Bay Copper-Gold Project.

Dateline Resources reaffirms the robustness of its Colosseum Gold-REE Project while denying legal claims over rare earth tenements, signaling confidence in its growth strategy.

Power Minerals Limited has amended its Rincon Lithium Project Joint Venture announcement to clarify mineral resource categories and assumptions, retracting financial forecasts to avoid investor confusion. The Rincon JV incorporation is imminent, unlocking a $4 million investment to advance lithium brine development.

Godolphin Resources has announced superior metallurgical flotation test results from its Lewis Ponds project, producing high-grade zinc and lead-gold-silver concentrates that promise to enhance the project’s economic outlook.