Latest Groundwater News

McLaren Minerals has advanced its McLaren Titanium Project with a $1.5 million capital raise, ongoing drilling revealing promising heavy mineralisation, and key leadership changes signaling a strategic push toward development.

Pinnacle Minerals reports significant exploration progress across its Canadian and Australian projects, highlighting multiple lithium pegmatite targets and strong rare earth element assays while maintaining a disciplined cash position.

Comet Ridge Limited reports significant progress on its Mahalo Gas Hub project, with upstream and pipeline FEED studies advancing, robust pilot production at Mahalo East, and active negotiations on gas sales and funding arrangements.

Australian Mines Limited reports significant progress in its critical minerals projects during Q1 2025, capitalizing on geopolitical shifts that underscore the strategic importance of diversified supply chains. The company highlights expanded studies at Flemington and promising exploration results at Jequie and Resende, while navigating financing challenges for its Sconi nickel-cobalt asset.

BCI Minerals has marked a significant milestone with the commencement of full-scale operations at its Mardie Salt and Sulphate of Potash Project and secured initial drawdowns from a $981 million syndicated debt facility, underscoring strong progress toward first salt shipment by late 2026.

Maronan Metals reports robust assay results confirming extensive high-grade silver-lead mineralisation and promising copper-gold intercepts, alongside progress in mine development with a Mineral Development Licence application.

Australian Mines Limited reports robust assay results from its auger drilling campaign at the Jequie Rare Earth Element Project in Brazil, highlighting significant TREO concentrations and promising targets for further exploration.

Australian Rare Earths Limited confirms uranium mineralisation in initial drilling at its expansive Overland Project, validating its geological model and highlighting potential for cost-effective ISR mining.

Connected Minerals Ltd has pinpointed priority drill targets at its newly granted Swakopmund Uranium Project in Namibia following a successful HLEM geophysical survey. The company is advancing plans for an initial drilling campaign set to begin in Q2 2025.

GTI Energy Ltd reports promising uranium leach test results from its Lo Herma project in Wyoming, demonstrating approximately 75% recovery rates consistent with regional ISR operations. These findings underpin the upcoming Scoping Study expected in H1 2025.

KGL Resources Limited has released a comprehensive feasibility study update for its Jervois Copper Project, confirming its technical robustness and financial viability with plans to commence production in 2027. The project boasts a post-tax net present value of A$405 million and aims to produce around 30,000 tonnes of copper annually, positioning itself to capitalize on a tightening global copper market.

New Murchison Gold Limited (ASX:NMG) reveals a robust Feasibility Study for its Crown Prince Gold Deposit, projecting $226 million pre-tax cash flow over 30 months with a low $5.4 million capital outlay. Mining is slated to start mid-2025, positioning NMG on the cusp of production.