Latest Metallurgical Recovery News

Larvotto Resources has unveiled a substantial initial Exploration Target for the Midas Lode at its Hillgrove project, outlining a preferred 3.95 million tonnes at 5.16 g/t gold equivalent, accessible from surface and underground for near-term development.

Catalyst Metals has nearly doubled the Trident underground gold resource to 1.1 million ounces at a robust 5.4g/t grade, underpinning a 10-year mine plan targeting 60,000 ounces annually from 2027.

Norfolk Metals has released a JORC 2012 Mineral Resource Estimate for its Chilean Ciclón Copper Project, revealing a substantial 11.8 million tonnes at 2.88% copper equivalent, with significant exploration upside and a transaction closing targeted for August 2026.

Lunnon Metals reported its best month yet at Lady Herial with 2,865 ounces of gold produced in May 2026, generating $10.8 million in revenue and enabling early repayment of a $6 million working capital loan. Mining remains on schedule to complete by September, with strong cash reserves set to fund further exploration.

Argent Minerals appoints mining veteran Mike McKevitt as CEO to spearhead advancement of its flagship Kempfield Silver Project and evaluate growth across gold and copper assets.

AIC Mines has returned strong drilling results from the Jolly shoot at its Jericho copper deposit, reinforcing the deposit’s potential as the first mining target and underpinning the ramp-up of production at nearby Eloise.

Lodestar Minerals’ first drill hole at the Three Saints IOCG Project in Chile has confirmed a large, multi-element mineralised system with copper, gold, cobalt, and molybdenum over 600 metres of vertical extent and a footprint wider than 1.6 kilometres.

Kingston Resources stops mining at Pearse South after a second geotechnical failure, pivoting to a major underground drilling program and launching a $11.6 million capital raise to underpin a long-term expansion at Mineral Hill.

Forrestania Resources has boosted its Lady Lyla gold deposit resource to 41,700 ounces at a higher grade, unveiling a maiden Indicated category that now constitutes the majority of the resource. The update follows a substantial drilling campaign and sets the stage for further development work at the Forrestania Gold Hub in Western Australia.

Southern Hemisphere Mining has pushed visible copper sulphide mineralisation deeper at its Llahuin project in Chile, with diamond drilling confirming continuity down to 256 metres. Assay results are pending, setting the stage for a clearer picture of the system’s scale and grade.

Magnum Mining’s initial 24 auger holes at Piracanjuba North all intersected near-surface rare earth mineralisation, showing promising grades and high desorption rates that suggest efficient extraction potential under mild conditions.

Southern Cross Gold has reported standout drill results from its Sunday Creek project, including a 36.6m intercept at 6.5 g/t AuEq and assays up to 493 g/t gold, while expanding mineralization eastward and near surface. The company’s aggressive 200,000m drilling campaign continues to chart new territory in this critical metals-rich system.