Latest Jorc Mineral Resources News

Alice Queen Limited’s Project Definition Study for the Horn Island Gold Project reveals robust economics with a pre-tax NPV of A$706 million and an IRR of 109%, underpinning plans for an 11-year mine life and a rapid 1.1-year capital payback.

LE Minerals has received further assay results from its Burke-Mt Dromedary drilling program, confirming thick, high-grade graphite mineralisation between deposits and supporting an expanded resource estimate. The company is advancing a $20 million sale of these assets to M Battery Materials, which plans an ASX IPO.

Canadian Phosphate has secured a five-year exploration permit for its Wapiti Phosphate Project and commenced a 3,000m drilling campaign, while progressing the pending acquisition of the Diamond Mountain Project in Utah. A $5.2 million capital raise positions the company to accelerate its North American phosphate ambitions.

First Au Limited has significantly boosted its Western Australian gold portfolio with the acquisition of the Riverina East Gold Project and an upgraded resource classification at its Gimlet Gold Project, positioning itself for potential near-term development.

Barton Gold’s June quarter report highlights exceptional high-grade gold and silver assay results across its South Australian projects, backed by a $26 million institutional placement that strengthens its cash position and development outlook.

WA Gold has delivered a robust scoping study for its Abercromby Gold Project, forecasting strong cashflows and low capital costs, while ramping up drilling at both Abercromby and Bullabulling projects with assay results imminent.

Javelin Minerals is set to drill two major gold-copper targets at its Coogee Gold Project in WA, leveraging WA Government funding to test large, previously untested magnetic anomalies that may host significant mineralisation.

West Wits Mining has achieved a major underground breakthrough at Qala Shallows, unlocking higher-grade ore zones, while completing a comprehensive ZAR 1.115 billion finance package that underpins its production ramp-up.

Advance Metals has delivered promising maiden drilling results at its Gavilanes Silver Project in Mexico and moved toward full ownership of its Victorian gold projects, supported by strong gold recoveries and high-grade assays.

Vita Resources reports promising initial auger drilling results at Ninnis Gold Project, prompting an expanded program targeting key fault zones. The company also secured $2.9 million in a two-tranche placement to fund exploration across its diverse portfolio.

BOA Resources is poised to launch a 7,500m drilling campaign at its Neds Creek Copper Project in WA, targeting the Ricci Lee prospect to define a maiden resource and build on recent asset acquisitions.

EV Resources has successfully commissioned the flotation circuit at its Tecomatlán plant, setting the stage for processing bulk ore and producing its first marketable antimony concentrate as it advances toward commercial production.