Latest Jorc Mineral Resource News

Union Star Metals has locked in a binding option agreement with Lionex Metals Group for its Kalgoorlie Gold Project, potentially netting up to A$890,000. The deal aligns with Union Star’s strategy to streamline Australian assets and refocus on its Nevada gold and silver ventures.

Pursuit Minerals has kicked off diamond drilling at the Mito tenement, aiming to unlock a vast lithium brine system that could significantly boost its Rio Grande Sur resource. The drill program follows advanced geophysical work and a recent resource upgrade, positioning the project for potential long-term growth.

Black Bear Minerals has extended high-grade silver intercepts outside its existing Shafter Mineral Resource Estimate, with assays up to 1,333g/t Ag and promising polymetallic potential, advancing resource validation and mine restart plans.

Many Peaks Minerals has exercised its option to acquire 100% of the Baga Gold Project in Côte d'Ivoire after a comprehensive soil sampling campaign revealed extensive gold anomalies. A 14,000m auger drilling program is now testing multiple targets along a 16km gold corridor.

Albright Metals has completed its second staged payment milestone for the Golden Pike Gold and Antimony Project, issuing shares and cash to Globex Mining Enterprises as exploration and development progress.

Resouro Strategic Metals has unveiled a robust Preliminary Economic Assessment for its Tiros Titanium and Rare Earths Project, signalling a post-tax NPV of US$715 million and a 44.2% IRR over 20 years. Meanwhile, binding agreements for mining and processing at the Novo Mundo Gold Project promise to unlock additional value.

EV Resources has verified continuous high-grade antimony mineralisation reaching 25.2% Sb at its Los Lirios Antimony Project through systematic underground channel sampling, underpinning plans for a maiden JORC Resource by year-end.

Core Energy Minerals (ASX:CR3) has validated significant recoverable rare earth mineralisation at its Tunas Project in Brazil, with leach testwork showing strong recoveries of TREO and MREO. The company plans diamond drilling to explore mineralisation beyond auger limits.

Forrestania Resources is set to acquire Ramelius Resources’ Edna May Gold Hub for A$300 million, aiming to restart the 2.9Mtpa Edna May mill by mid-2027 and expand its processing capacity.

West Wits Mining has fully repaid its USD 12.5 million Nebari loan facility, unlocking the path to financial close and imminent drawdown of a ZAR 875 million (~USD 53 million) senior loan. This milestone underpins the Qala Shallows Project’s ramp-up to steady-state gold production.

Krakatoa Resources has kicked off its 2026 drilling campaign at the Zopkhito Project in Georgia, aiming to convert a significant foreign resource estimate into a JORC-compliant Mineral Resource Estimate while advancing early mine development studies.

Everest Metals Corporation (ASX: EMC) has completed a 3,078m grade control drilling program at its Mt Dimer Taipan Gold Project, delivering multiple high-grade gold intersections and advancing mining operations ahead of a resource update targeted for Q3 2026.