Latest Feasibility Study News

Perseus Mining outlines a robust five-year gold production plan targeting up to 2.7 million ounces with stable costs and strong cash margins, backed by major projects in Africa.

Emmerson Resources updates its White Devil scoping study, revealing strong open pit potential with over 60% of its 611,400oz gold resource convertible at a conservative A$4,000/oz price. The study advances mine design, underground evaluation, and permitting, setting the stage for development.

Northern Minerals Limited has responded to ASX inquiries about recent unusual trading activity, confirming no undisclosed information but highlighting ongoing project developments and market factors influencing its share price.

FireFly Metals has successfully raised approximately A$95 million through a multi-part equity offering to fund an aggressive exploration and development program at its Green Bay Copper-Gold Project in Canada.

Sunrise Energy Metals Limited has announced a $1.5 million Share Purchase Plan (SPP) offering eligible shareholders the chance to invest at 30 cents per share, accompanied by options exercisable at 40 cents until May 2027. The capital raise aims to fast-track the feasibility study and development of its Syerston Scandium Project in New South Wales.

Theta Gold Mines has landed a US$35 million loan from South Africa’s Industrial Development Corporation, marking a key funding milestone for its TGME Underground Gold Mine Project.

Caravel Minerals has locked in a $15 million loan facility to fund the critical Definitive Feasibility Study for its flagship Caravel Copper Project, advancing the path to development without diluting shareholder equity.

Meeka Metals reports significant new shallow high-grade oxide gold drill results at Turnberry Central, extending the Stage 1 open pit and promising to boost production beyond initial plans.

Hot Chili Limited has released a robust Preliminary Feasibility Study for its Huasco Water project in Chile, outlining a multi-stage water supply network to support mining, agriculture, and communities in the water-stressed Huasco Valley. The project boasts strong financial metrics and key MOUs with major mining and industrial clients.

Emmerson Resources reveals a promising update on its White Devil gold project, confirming a major mine development opportunity with over 60% of its 611,400oz resource convertible to an open pit. The Scoping Study is on track for completion by early July 2025, setting the stage for a Pre-Feasibility Study.

Maronan Metals has significantly expanded its Maronan project resource, boosting the indicated silver-lead resource 2.5 times and reporting a maiden indicated copper-gold resource, setting the stage for advancing mine development.

Victory Metals Limited has launched a $3.75 million placement and options offer aimed at advancing its North Stanmore Heavy Rare Earth Elements project in Western Australia. The capital raise targets sophisticated investors and includes detailed risk disclosures.