Latest Geological Modelling News

Bowen Coking Coal maintained steady production and sales in Q3 2025 while slashing costs by a third through a new mining model, despite ongoing administration and receivership. The company generated positive operating cash flow and advanced key development projects.

Citigold Corporation continues its efforts to restart the high-grade Charters Towers Gold Project, focusing on exploration, mine design, and securing funding despite a significant annual loss.

Terra Critical Minerals (ASX, T92) broadens its critical minerals portfolio with new US initiatives and promising exploration in New South Wales and Canada. The company also pursues a US OTC listing to tap North American capital.

Western Mines Group has reported significant nickel sulphide mineralisation in its ongoing Phase 4 drilling at the Mulga Tank Project, alongside securing $3.72 million in fresh capital to accelerate exploration efforts.

Mithril Silver and Gold Limited reports robust exploration progress in Mexico’s Copalquin District, extending high-grade gold and silver mineralisation while maintaining a healthy cash balance to fund ongoing drilling.

Verity Resources reports robust Phase 1 drilling results at its Monument Gold Project, secures full ownership of Botswana copper-silver assets, and confirms significant rare earth mineralisation in Brazil, underpinning its growth strategy.

Austral Gold’s Q3 report reveals a sharp production drop at Guanaco following a fatal accident, prompting a downward revision of 2025 output and cost hikes, while Casposo’s refurbishment signals a new growth phase.

ACDC Metals reports promising mineralogy results from its Goschen Central Project, highlighting valuable rare earth elements and heavy minerals. The company maintains a solid cash balance and advances its retention licence application, positioning itself well in the evolving rare earth sector.

Recharge Metals Limited has progressed its uranium exploration efforts in North America, completing a detailed geophysical survey in Canada and advancing permitting in the US, while maintaining disciplined capital management.

Berkeley Energia reports promising lithium and rubidium recoveries from its Conchas Project in Spain, while its subsidiary pursues a $1 billion arbitration claim against Spain over regulatory hurdles at the Salamanca uranium project.

Core Energy Minerals reports promising exploration results with significant rare earth element grades in Brazil and uranium intercepts in South Australia, alongside strategic management appointments and asset divestment.

Korab Resources has completed key geophysical surveys at its Rum Jungle Project and progressed pre-feasibility studies for magnesium products, while navigating ASX suspension and pursuing asset divestments.