Latest Heap Leach News

Challenger Gold has set early 2029 as the target for commercial production from a stand-alone heap leach operation at its Hualilán project in Argentina. The roadmap brings engineering, drilling and financing into sharper focus, but still depends on a US$15 million debenture refinancing and a much larger project funding package.

Great Northern Minerals (ASX: GNM) reported a $3.8 million loss for FY26 amid major US acquisitions, including the Iron Butte gold-silver project with a maiden resource of 480,000 oz gold and 11.5 million oz silver, and the Catalyst Ridge rare earths project. The company also completed a $2 million divestment of its remaining Golden Ant interest.

Anax Metals is upgrading its Whim Creek Heap Leach Scoping Study to a Feasibility Study, aiming to unlock additional value from low-grade copper and zinc ores alongside its strong concentrator project.

Austral Resources Australia Ltd has swung from a $24.2 million loss to a $25.3 million profit in the first half of 2026, boosted by strategic acquisitions, capital raises, and operational shifts. The company is advancing its Rocklands restart and has proposed acquiring Hammer Metals to expand its copper footprint.

Black Bear Minerals (ASX: BKB) has raised $12.5 million through a placement at a 16% discount to fund underground drilling and resource validation at its Shafter Silver Project in Texas, signaling strong institutional support for advancing mine restart plans.

West Cobar Metals is broadening its scandium exploration at Salazar by adding the Benriach Prospect to its Q4 2026 air-core drilling program, aiming to tap near-surface scandium enrichment and higher-grade zones within its existing resource.

Cavalier Resources has chosen SSH Group as its preferred mining contractor for the initial oxide pit at the Crawford Gold Project, aiming to kickstart mining operations within the next year.

Black Bear Minerals reports significant silver grade uplifts from historic core re-assays at its Shafter Silver Project in Texas, with grades reaching up to 2,990g/t Ag and confirmed polymetallic mineralisation including gold, lead, and zinc.

Broken Hill Gold (ASX:BH6) has identified several promising gold-copper targets near its White Dam project in South Australia, setting the stage for a significant exploration push focused on deeper sulphide mineralisation following the Icebreaker discovery.

Sun Silver’s 2026 drilling at Nevada’s Maverick Silver Project reveals broad, high-grade silver and antimony mineralisation beyond the current resource, underpinning resource expansion and development progress.

Unico Silver delays its maiden Pre-Feasibility Study to January 2027, integrating updated drilling results and advanced metallurgical testing that could expand resource scale and improve production efficiency.

OD6 Metals consolidates progress across its rare earths, copper, and fluorspar assets with strong resource bases and ongoing development activities in Nevada, Western Australia, and New South Wales.