Latest Economic Evaluation News

Cygnus Metals reports a substantial 78% increase in Measured and Indicated resources at its Chibougamau Copper-Gold Project, highlighted by the initial resource estimate for the new Golden Eye deposit. This milestone underpins an updated economic study amid rising commodity prices.

Golden Horse Minerals has completed the acquisition of the Sorrel Copper Project, gaining a significant inferred resource of 88,600 tonnes of copper and setting the stage for exploration and development in a Tier-1 jurisdiction.

Argent Minerals is fast-tracking its Kempfield Polymetallic Project in NSW, launching diamond drilling and metallurgical testwork to explore early production options and support a scoping study.

Larvotto Resources delivers a robust Definitive Feasibility Study for its Hillgrove Antimony-Gold Project, backed by $165 million in fresh funding and regulatory approvals, targeting production in Q2 2026.

Rand Mining Ltd reports a solid increase in the East Kundana Joint Venture’s mineral resources and ore reserves for 2024, reflecting updated gold price assumptions and operational cost reviews.

Earth’s Energy Limited is deepening its assessment of key geothermal assets in South Australia and Queensland, balancing cautious expenditure with strategic evaluations that will shape its future development path.

WIN Metals Ltd has significantly expanded its Butchers Creek gold resource, boosting indicated ounces by 86% and advancing the project towards economic evaluation. Concurrent exploration successes and strategic asset sales underpin the company’s focused growth strategy.

Lunnon Metals has completed a detailed Scoping Study on its Baker and Foster nickel sulphide deposits, highlighting potential economic viability despite ongoing uncertainty over processing arrangements. The study recommends sequential mining starting with the fully permitted Baker deposit, which remains profitable even at current nickel prices.

CuFe Ltd has enhanced the confidence level of its Orlando deposit resource at Tennant Creek, increasing the Indicated classification from 42% to 56% following a rigorous QAQC review. This upgrade supports the imminent release of the Orlando Scoping Study.

FireFly Metals reports exceptional infill drilling results at its Green Bay Copper-Gold Project, confirming strong mineral continuity and setting the stage for a resource upgrade and mining feasibility studies.

Wia Gold Limited has announced a 38% increase in the Kokoseb Gold Project's mineral resource estimate to 2.93 million ounces, with a majority now classified as Indicated resources. This milestone underpins advancing feasibility studies and highlights promising high-grade zones in Namibia.

Verity Resources is set to begin a 3,600m drilling campaign aimed at upgrading and expanding its Monument Gold Project resource in Western Australia. The program targets the Korong deposit with the goal of moving from inferred to indicated resource status.