Latest Jorc Code News

Historical work has identified widespread near-surface columbo-tantalite mineralisation at Australasian Metals’ Atex project in Côte d’Ivoire, adding a potential tantalum stream to its lithium strategy. The results are encouraging, but the underlying estimate is non-JORC, unverified and based on incomplete historical records.

Advance Metals has recorded its strongest silver assay yet at the Gavilanes Project in Mexico, with drilling also returning the project’s highest-grade zinc-lead interval. The mineralised system remains open at depth and to the southwest, while metallurgical work and further drilling target a maiden JORC resource in the December quarter of 2026.

OD6 Metals has transformed its portfolio with the completed acquisition of Nevada’s Quinn Fluorspar Project, but the strategic expansion comes alongside a larger loss, ongoing funding needs and substantial permitting risk. The company is now targeting drilling and a maiden resource at Quinn while advancing laboratory-scale rare earth processing work at Splinter Rock.

Agrimin has completed its withdrawal from the Mackay Potash Project and repositioned itself around exploration at the 480-square-kilometre Mount Squires Project. The pivot reduced the company’s annual loss, but left it with $1.08 million in cash, net current liabilities and no JORC mineral resources or ore reserves.

Olympio Metals has started a roughly 1,500-metre maiden diamond drilling program at its Jacknife silver project in Idaho, targeting mineralisation linked to more than 3.2 million ounces of historical silver production. The campaign is significant, but the company must still verify old data before it can establish a JORC-compliant resource.

Legacy Minerals has appointed WSP to assess scandium at its 100%-owned NiCo Young project, potentially adding a third critical mineral to a 167.8Mt inferred nickel-cobalt resource. The combined JORC update is expected in October, but no scandium resource has yet been established.

Dart Mining has confirmed high-grade tin in four selective rock-chip samples from its Walwa project in Northeast Victoria, including 3.96% tin with elevated tantalum and niobium. The results strengthen the case for maiden diamond drilling planned for October, but do not establish representative grades or a mineral resource.

Orezone Gold has outlined a 14-year plan for its newly acquired Casa Berardi mine, targeting 1.63 million ounces of production and an after-tax NPV of US$1.05 billion. The economics are substantial, but the plan remains a preliminary assessment built partly on Inferred Resources and requires significant capital and permitting work.

True North Copper has lifted the contained copper inventory across its Cloncurry Copper Project by approximately 18% through a larger Mongoose-Taipan resource. The update gives the late-2026 pre-feasibility study a bigger technical base, but it remains a mineral resource rather than an economic reserve.

Manhattan Gold has secured commitments for an A$4.5 million placement to fund more than 4,000 metres of drilling and related exploration at its Hook Lake project in Nunavut. The full raising remains partly conditional, with A$1.14 million requiring shareholder approval in November.

Evolution Energy Minerals has moved its Chikundo Copper Project from surface exploration to subsurface testing, with a 3,350-metre reverse circulation campaign now underway in southern Tanzania. The programme will first target the Malachite Pit and main Chikundo anomaly before optional holes assess three additional prospects.

Cazaly Resources has refined two magnetic targets at its Abenab North project in Namibia, clearing the way for planned maiden drilling of potential rare earth, copper and base-metal mineralisation. A third target, Cadix, has been downgraded after historic mapping errors were identified.