Latest Jorc Mineral Resource News

Australian Mines has moved its Flemington scandium project into a larger pre-feasibility study while Boa Vista drilling adds a second growth track. But the FY2026 annual report also records a A$7.1 million loss, A$5.0 million in impairments and a material uncertainty over continued funding.

Viking Mines has confirmed significant tungsten mineralisation in all five assayed Linka Main holes, while advancing ore sorting, bulk sampling and processing plans in Nevada. The progress comes with no JORC resource yet defined and approximately 1.8 quarters of funding at current cash outflows.

Mount Hope Mining has completed 2,919 metres of Phase 3 drilling at Mt Solitary, with assays due early in the December quarter. The explorer also reported 98.4% indicative gold recovery from maiden metallurgy and ended September with $3.487 million in cash after a Ronin Metals-led placement.

Canadian Phosphate has completed 18 Wapiti drill holes and visually traced its phosphate Main Zone across approximately 9km, although laboratory assays are still pending. The company has also completed its Utah acquisition, reported stronger rock phosphate orders and ended September with $3.144 million in cash.

Strike Resources swung to an $8.58 million FY2026 profit, largely through its stake in LE Minerals rather than iron ore operations. The company is also relying on a conditional Apurimac sale for cash while withdrawing its previously reported mineral resource estimate.

Power Minerals has extended rare earth oxide mineralisation to 242 metres downhole at Morro do Ferro, including a 2-metre zone grading 6.88% TREO. The result adds two deeper high-grade targets to the Brazilian project’s resource-definition campaign, although their true geometry and economic significance remain unproven.

Rokeby Resources has defined a maiden 6,100-ounce Inferred JORC resource at the Maude tailings stockpile in Victoria, adding to a broader 17,497-ounce surface stockpile inventory. The opportunity is shallow and potentially low-capital, but the estimate still rests on historical data, assumed density and incomplete metallurgical evidence.

Apollo Minerals has completed a detailed airborne survey and identified the Véronique-Upper Zone as the first target for planned underground drilling at its Couflens tungsten-gold project in France. The company ended September with $6.4 million in cash and $0.4 million in listed investments, while its reinstated exploration permit remains subject to a five-year work plan.

Silver Mines has begun its first modern drilling program at the Kramer Hills gold project in California, targeting shallow oxide mineralisation and possible deeper sulphide zones. The 22-hole campaign will test a conceptual exploration target of up to 445,000 ounces, but the project remains well short of a JORC Mineral Resource.

Cobre has secured 150,000 tonnes of low-cost ENAMI oxide material while testing two ways to recover copper from Sierra Atacama’s old leach infrastructure. The initiatives could lift SX-EW utilisation, although the historical pad opportunity remains early-stage and non-JORC.

Sinclair Gold has extended gold mineralisation up to 230 metres beyond the northern Mt Henry resource boundary, including a 0.4-metre interval grading 122.7g/t. Drilling has also identified mineralisation 250 metres south of the main resource, with assays pending from 30 holes.

BPM Minerals has completed 9,060 metres of a record Forelands drilling campaign, with post-quarter assays returning its best Beachcomber result to date. The company is now advancing maiden drilling at Bonnie & Clyde while working towards a maiden resource estimate targeted for the first half of 2027.