Latest Jorc Mineral Resources News

Turaco Gold has secured firm commitments for a A$120 million placement to fund its proposed acquisition of Afema’s remaining 20% interest and push the Côte d’Ivoire project towards a definitive feasibility study. The transaction would simplify ownership, but still depends on shareholder approval and further development funding.

Anson Resources has secured the final major approval for its planned 10,000 tpa Green River lithium plant, while reporting independently confirmed battery-grade product and approximately US$406.5 million of conditional Utah incentives. The project has moved closer to financing, but the incentives are post-performance and Anson says further funding is still required.

Connected Minerals has moved its Bailundo niobium and rare earths project from acquisition into active drilling, backed by A$4.5 million in fresh capital and A$5.15 million in quarter-end cash. Historical results are striking, but the company has yet to report an assay from its current programme or establish a mineral resource.

Black Bear Minerals has completed its first Shafter check-assay program, with re-tested historic intervals generally returning higher silver grades and previously overlooked gold mineralisation. The company is targeting a maiden JORC Mineral Resource Estimate in the fourth quarter while preparing underground drilling and carrying A$7.819 million in cash.

Aurum Resources has expanded its Boundiali Mineral Resource by 19% to 3.84Moz, with Indicated Resources rising 37% to 2.33Moz after infill drilling. The Ore Reserve remains unchanged for now, leaving the late-2026 DFS and mining licence approvals as the next major tests.

Perpetual Resources has expanded its Nevada Scheelite tungsten project more than 15-fold and reported selective underground samples grading up to 12.03% WO₃. The exploration momentum comes with a sharper funding question, with A$1.639 million in cash and an estimated 2.37 quarters of funding at 30 September.

Ore Resources has converted its Miriam drilling campaign into a 153,200-ounce JORC Mineral Resource, with most ounces shallow and Forrest still open along strike and at depth. A separate conceptual Exploration Target points to a further 200,000 to 400,000 ounces, but remains unconverted exploration potential.

West Wits Mining has nearly tripled monthly underground development at Qala Shallows and says the project remains funded through to steady-state production. Stoping is scheduled to begin in February 2027, while surface infrastructure has reached 61% completion.

Barton Gold has delivered more high-grade Tunkillia drilling, cleared an environmental approvals milestone and advanced feasibility work across its South Australian portfolio. The trade-off is a quarterly cash outflow of A$8.5 million, leaving 2.73 quarters of funding on the Appendix 5B calculation.

Argosy Minerals has upgraded the JORC mineral resource at its Rincon Lithium Project to 790,000 tonnes of lithium carbonate equivalent, with 600,000 tonnes classified as Indicated. A separate conceptual Exploration Target of up to 1.03 million tonnes has been identified below the resource, adding potential upside ahead of further drilling and the project’s Definitive Feasibility Study.

Jacaranda Natural Resources has lodged a replacement prospectus for an $8 million ASX float targeting copper, gold and copper-nickel exploration in Queensland and Botswana. The offer remains conditional, ununderwritten and highly speculative, with the company warning that its ability to continue as a going concern depends heavily on a successful raise.

Aureka shareholders have backed the proposed acquisition of the Fiddlers Creek Gold Mine and Wedderburn Gold Processing Mill with 51.6 million votes in favour and just five against. Completion is expected around 30 October, subject to remaining transaction conditions.