Latest Feasibility Study News

Jindalee Lithium is set to list its McDermitt lithium project on NASDAQ through a US SPAC deal valuing the assets at US$571 million, while securing key US federal approvals and advancing magnesium by-product potential.

Kalamazoo Resources reported a robust cash balance of AUD 8.8 million at quarter end, underpinned by a significant equity raise that offsets ongoing exploration and administrative outflows. The company’s funding runway extends beyond three quarters, positioning it to advance its Ashburton Gold Project drilling activities.

Australian Silica Quartz Group (ASQ) is set to acquire Australian Kaolin, adding a 47Mt inferred kaolin resource at White Swan and launching a $750,000 placement to fund development. The deal hinges on shareholder approval and an Independent Expert’s fairness opinion.

Sunrise Energy Metals has confirmed strong economics for its Syerston Scandium Project with a US$120 million feasibility study, targeting 60 tonnes per year of scandium oxide and potential expansion to 180 tonnes. The project benefits from US government financing interest and rising global demand amid Chinese export restrictions.

Saturn Metals has divested its West Wyalong Gold Project interests to Xpedra Resources, receiving cash and shares, as it concentrates on advancing its flagship Apollo Hill Gold Project in Western Australia.

Manuka Resources has begun crushing and screening at its Mt Boppy gold project, moving closer to restarting production at Wonawinta by June 2026. Initial gold processing will precede silver production, with key milestones largely complete.

Sunstone Metals has delivered a robust Scoping Study for its Bramaderos Gold-Copper Project in Ecuador, outlining a 23-year mine life, strong production rates, and a post-tax NPV of US$0.9 billion at a conservative gold price. The study highlights low operating costs and substantial exploration upside, setting the stage for a pre-feasibility study and funding pursuits.

NoviqTech's subsidiary Coralia has inked a strategic MOU with A Healthier Earth, the climate-tech arm of Pure Data Centres Group, aiming to secure a long-term offtake of at least 70% of biochar carbon removal credits from its Great Barrier Reef project. The deal explores joint venture possibilities for a biochar production facility amid soaring demand driven by data centres and AI expansion.

Aurora Energy Metals has completed the sale of its Aurora Uranium Project to Eagle Nuclear Energy, receiving US$17.1 million in equity and holding rights to up to US$10 million in milestone payments plus a 1% royalty. The transaction strengthens Aurora's balance sheet and ushers in a new leadership phase.

Aurum Resources has unveiled robust assay results from 40 diamond drill holes at the BDT2 deposit, confirming substantial gold mineralisation beyond current resource boundaries and underpinning its 4.2Moz group resource growth strategy in Côte d'Ivoire.

Astral Resources has boosted its Mandilla Gold Project Mineral Resource Estimate by 22% to 1.74 million ounces, introducing a maiden Measured Resource for the flagship Theia deposit. Including Feysville and Spargoville, the Group’s total resource now stands at 2.07 million ounces.

Anson Resources has lodged an updated Small Mining Operations notice for its 10,000tpa Green River lithium carbonate plant in Utah, marking the last significant regulatory hurdle before construction. The revised plant layout, backed by a near-complete Pre-feasibility Study, leverages existing infrastructure and private land ownership to enhance project bankability.