Latest Jorc Mineral Resource News

Lithium Energy nears completion of a major drilling campaign that reveals a substantial Exploration Target between its Burke and Mt Dromedary graphite deposits, while concurrently advancing the $20 million sale of its graphite assets.

Lithium Energy is selling its Queensland graphite projects for $20 million to M Battery Materials, which plans an ASX listing focused on battery minerals. Shareholders may receive MBM shares in-specie, gaining direct exposure to a growing battery materials platform.

Great Northern Minerals has significantly enlarged its Iron Butte Gold-Silver Project in Nevada by staking 46 additional lode claims covering around 950 acres. The new ground shows promising geological and geochemical signatures, setting the stage for imminent resource estimation and drilling.

Haranga Resources has delivered a maiden JORC Mineral Resource Estimate of 402,000 ounces at 5.1 g/t gold from its Lincoln Gold Project in California, underpinning rapid restart plans backed by $90 million in existing infrastructure.

Nickel Industries has boosted the Sampala Project’s nickel resource to over 1 billion tonnes, reinforcing its position among the world’s largest nickel laterite holders and advancing development with a $144 million acquisition payment due next year.

Asara Resources continues to unlock substantial high-grade extensions at its Kada Gold Project in Guinea, with recent drilling confirming broad, consistent gold mineralisation beyond existing resources.

Hillgrove Resources has secured the right to earn an 80% stake in the Mutooroo Copper Project through a farm-in deal with Havilah Resources, leveraging its Kanmantoo processing plant to potentially boost copper output with lower capital risk.

Strata Minerals’ Phase 2 drilling at Zelica confirms consistent shallow high-grade gold over a 1km strike, revealing new plunging shoots and a hanging-wall lode that could expand the system across a 9.5km corridor.

Barton Gold’s recent drilling at the Challenger Gold Project confirms new open-pittable mineralisation at Challenger South-Southwest and Challenger 3, underpinning potential resource upgrades and a low-risk mill restart.

Haranga Resources has wrapped up its underground drilling at the Lincoln Gold Project, delivering standout high-grade assays and setting the stage for a maiden JORC Mineral Resource Estimate next week.

GoldArc Resources has locked in A$7.2 million through a placement to fast-track exploration along the largely untested 9km Ursus Fault corridor at Leonora North, aiming to expand its 152,000-ounce resource and advance production plans.

Forrestania Resources has upgraded its Johnson Range gold resource to 130,730 ounces, marking a 26% increase supported by recent drilling and independent estimation.