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OzAurum Resources has added a maiden 34,000-ounce resource at Cross Fault, lifting the Mulgabbie North inventory to approximately 294,000 ounces. The deposit will enter a heap leach scoping study, but metallurgy, mining assumptions and funding remain important tests.

PhosCo’s updated scoping study gives its 100%-owned Gasaat phosphate project in Tunisia a US$732 million post-tax NPV, 52% IRR and 49-year mine life. The economics are substantial, but the project still needs a mining concession, water supply, offtake agreements and about US$220 million in funding.

Gorilla Gold has reported a fresh set of high-grade intersections at Sovereign, including 9 metres at 7.9g/t gold, while drilling at Happy Jack confirmed a shallow lateritic zone above bedrock mineralisation. The results feed into planned 2026 resource updates across the company’s Western Australian projects, although true widths and economic significance remain unestablished.

FireFly Metals has extended high-grade copper-gold mineralisation laterally and closer to surface at its Green Bay project in Canada, with results feeding into a revised resource estimate and feasibility study. The strongest intersections include 16.4 metres at 9.2% CuEq and 15.5 metres at 12.4% CuEq.

Native Mineral Resources has secured exclusive exploration and potential mining rights across 40 Citigold tenements surrounding Charters Towers, within trucking distance of its Blackjack plant. The opportunity carries no upfront payment, but nearly all reported ounces remain Inferred and must first survive a new drilling program.

Zeotech has more than doubled the JORC-compliant Mineral Resource at its Toondoon Kaolin Project to 45.6 million tonnes, with Measured and Indicated material now accounting for about 80% of the estimate. The headline expansion strengthens the case for further AusPozz evaluation, but remains a resource upgrade rather than a mine plan or production forecast.

Aldoro Resources has independently validated a direct rock-to-MREC processing route at its Kameelburg project in Namibia, producing laboratory samples of mixed rare earth carbonate and strontium carbonate. The results improve the project’s technical proposition, but commercial scale-up, optimisation and funding arrangements remain ahead.

Karoon Energy has advanced a revised, phased development plan for its Neon offshore Brazil project into Front-End Engineering Design, with Phase 1 capital costs reduced to US$800-950 million. The project targets first oil in 2030, but a farm-down partner and further technical work remain prerequisites for a final investment decision.

Broken Hill Mines has outlined a conceptual Exploration Target at its Centenary Zone ranging from 13.2Mt to 17.1Mt, with grades of up to 12.5% zinc equivalent. The target sits outside the existing resource and close to the operating Rasp Mine, but remains untested as a Mineral Resource.

Lode Resources has produced antimony cathode grading up to 99.5% in laboratory testing at its Montezuma project in Tasmania, with recoveries reaching 95%. The results support a conventional processing route, while a potential 100-tonne direct shipping ore shipment and an updated resource remain ahead.

Forrestania Resources has increased the British Hill mineral resource to 286,300 ounces after further drilling returned several high-grade gold intersections. The company has also secured access to up to 750,000 tonnes of third-party ore as it prepares to restart processing at Edna May.

Pursuit Minerals has increased Rio Grande Sur’s probable ore reserve by about 250% to 438,000 tonnes of lithium carbonate equivalent and outlined a staged path to 17,500 tonnes per year. The headline economics are substantial, but depend on a lithium price assumption almost twice the cited spot market and financing that has not yet been secured.