Latest Economic Evaluation News

Tungsten Mining has kicked off a comprehensive 20,700-metre drilling campaign at its Watershed Tungsten Project, aiming to boost geological confidence and gather critical engineering data following strong economic results.

Stavely Minerals has released a comprehensive Scoping Study for its Thursday’s Gossan and Cayley Lode deposits in western Victoria, outlining a 13-year open pit copper-gold-silver operation with strong financial metrics and a 4Mtpa processing plant.

Nex Metals has advanced its Kookynie Tailings Project metallurgical testing, lifting gold recovery significantly and uncovering a promising tungsten by-product opportunity.

QMines Limited has boosted the Mount Mackenzie gold and silver resource by 32% in gold ounces, with 70% now classified as Indicated, following a comprehensive 73-hole drilling campaign that enhanced geological confidence and resource scale.

Terrain Minerals has released a maiden inferred mineral resource estimate at its Lightning Gold Project alongside advancing multiple critical and precious metals projects across Western Australia and Queensland.

Infinity Mining has reported standout exploration results with rock chips grading up to 48.7% antimony and 1.35g/t gold at its Victorian Tanjil Dome project, alongside high-grade copper and silver assays at its Hillside project in the Pilbara.

Tungsten Mining has locked in a robust economic case for its Watershed project with a pre-tax NPV of A$1.31 billion and IRR near 200%, while launching its largest-ever drilling campaign at Mt Mulgine to underpin long-term growth.

High-Tech Metals has released an updated Mineral Resource Estimate for its Wagtail Gold Deposit, boosting geological confidence and underpinning ongoing development work.

GWR Group Limited has progressed its Prospect Ridge Magnesite Project with a detailed technical review and fieldwork, while maintaining a solid cash reserve of $37 million and a $41 million stake in Tungsten Mining NL. The company continues to manage the transfer of Wiluna tenements to Gold Valley amid outstanding state royalties and a payment plan agreement.

Canadian Phosphate (ASX: CP8) has kicked off a 3,000-metre drilling campaign at its Wapiti Phosphate Project in British Columbia, aiming for a Mineral Resource Estimate by late 2026 that will support both traditional fertilizer and advanced battery material markets.

Terrain Minerals has delivered a maiden Inferred Mineral Resource Estimate of 54,000 ounces of gold and 156,500 ounces of silver at its Lightning Gold Project in Western Australia, setting a foundation for resource expansion and development.

West Coast Silver (ASX:WCE) has delivered a maiden 2.8 million ounce silver resource at Elizabeth Hill, with recent drilling revealing new high-grade zones and potential nickel-copper-palladium mineralisation, underpinning a clear growth and development plan.