Latest Economic Studies News

DPM Metals has extended its Brevene Porphyry South discovery with long, high-grade gold-copper-molybdenum intercepts, including 716.6 metres at 3.30 g/t gold equivalent. Mineralisation now reaches the Chelopech mine concession and remains open in several directions and at depth.

Killi Resources has intersected a 50-metre zone of visually estimated crystalline magnetite 600 metres south of Lodestone’s existing 110Mt inferred resource. The result also identified a separate 16-metre hanging-wall zone, but assays and metallurgical testing are still pending.

Anson Resources has completed environmental baseline surveys at its Yellow Cat uranium-vanadium project in Utah, clearing a stated hurdle ahead of planned drilling. The next test is whether twin holes can validate historical high-grade results and support a maiden JORC 2012 resource estimate.

Forrestania Resources has reported wide, high-grade gold intersections from 15 additional reverse circulation holes at British Hill in Western Australia. A diamond rig is now being mobilised to test below current RC drilling limits as the company works towards a larger mineral resource estimate.

Galileo Mining advanced several PGM, nickel, copper and gold targets at Norseman during FY2026, but a A$4.55 million exploration impairment pushed its annual loss to A$4.67 million. The company ended the year with A$7.48 million in cash and a growing drilling pipeline for Mission Sill and Callisto South.

Altitude Minerals has secured a $1.215 million placement and plans a further $1.487 million rights issue to fund drilling at its Nevada gold-silver projects. The raising offers free options, but shareholders who do not participate in the non-renounceable offer face dilution.

Arrow Minerals has applied for an iron ore exploration tenement adjoining Rio Tinto's Robe Valley operations in Western Australia, a move that could expand its prospective landholding by 30% to 415 square kilometres. The application remains subject to tenure award, and no resource or economic estimate has been announced.

Corazon Mining has begun a 50-hole, approximately 7,500-metre RC drilling program at its Chalice Gold Project in Western Australia. The campaign will test near-surface extensions to the existing 191,000-ounce resource, while the company cautions that its larger 830,000-ounce Exploration Target remains conceptual.

A new magnetotelluric survey has identified a large conductive anomaly beneath Strickland Metals’ Obradov Prospect in Serbia, adding another high-priority target to its 9.25Moz AuEq Rogozna project. The anomaly is supported by overlapping gravity, IP, geochemical and drilling evidence, but still requires drilling to establish whether it contains an economic mineralised system.

AuKing Mining has approved planning for an approximately 1,000-metre diamond hole at its Tundulu Rare Earths Project in Malawi. The hole will test the depth of the carbonatite system at Nathace Hill after strong initial RC results and two deep diamond intersections.

McLaren Minerals has reported broad, near-surface heavy mineralisation from 61 holes at its Western Australian titanium project, led by 24 metres at 7.54% HM. The results strengthen the dataset for a resource update, but do not yet establish an Ore Reserve or project economics.

North Stawell Minerals has used a conference presentation to position Darlington and Darlington West as its leading tests of the Stawell gold model, while outlining a broader Victorian exploration pipeline. The company stresses that the drilling results and resource figures presented have been previously reported, making follow-up work rather than a fresh discovery the key investor question.