Latest Metallurgical Studies News

Yandal Resources has commissioned a new exploration camp enabling a large-scale drilling campaign at its Ironstone Well-Barwidgee Gold Project. Recent results confirm a continuous mineralised system at Arrakis and high-grade gold at New England Granite, underpinning an ambitious 30,000m program for H1 2026.

American Uranium Limited has kicked off a $2.59 million entitlement offer with free attaching options, aiming to accelerate drilling and studies at its flagship Lo Herma ISR Uranium Project. The updated timetable extends the offer period, while resource estimates remain stable.

Encounter Resources has boosted its Aileron project’s inferred niobium resource by 54%, lifting the total to 120 million tonnes at 0.77% Nb2O5. The 2025 drilling campaign notably grew the Green deposit’s contained niobium by 83%, underpinning plans for a potential long-life mining operation in Western Australia’s West Arunta region.

SSH Group Ltd reported a 44% reduction in hire purchase debt alongside $48.4 million in rolling 12-month cash receipts, while progressing high-grade drilling and mining operations at Wagtail and Gold Duke projects.

Krakatoa Resources has restructured its acquisition of the Zopkhito Antimony-Gold Project in Georgia, adopting a staged earn-in model that reduces upfront payments and prioritises capital deployment into exploration and development activities for 2026.

American Uranium (ASX:AMU) has kicked off a $2.58 million pro rata rights issue at a 3.1% discount to fund expansion drilling and technical studies at its flagship Lo Herma ISR Uranium Project ahead of a Q3 scoping study.

European Resources Limited has more than doubled the inferred resource at its Korsnäs rare earth elements project in Finland to 15.4 million tonnes at 1.00% total rare earth oxides, driven by new drilling, re-assaying of historical core, and a refined geological model.

Terrain Minerals’ latest drilling at its Lightning Gold Prospect reveals continuous high-grade gold mineralisation, expanding the system’s footprint and complexity. With a mining lease granted and a maiden JORC resource estimate due mid-year, the project is poised for a pivotal phase.

OD6 Metals has revealed exceptional channel sampling results from its Horseshoe Prospect within the Quinn Fluorspar Project, confirming extensive ultra-high-grade fluorspar mineralisation with grades peaking at 82% CaF2. These findings underscore the project's potential for direct shipping ore and acid-grade fluorspar production.

Tennant Minerals has intersected a thick zone of intense copper-gold-bismuth mineralisation at its Bluebird discovery, extending the high-grade resource footprint and underpinning plans for further exploration and metallurgical testing.

European Resources Limited (ASX: ERE) has repriced and relaunched a renounceable rights issue to raise up to $3.4 million, partially underwritten by Mahe Capital for $1.5 million, to fund metallurgical and exploration work at its Korsnäs rare earth project in Finland and Slovakian tenements.

Dreadnought Resources has reported new drilling results from its Stinger critical metals deposit, expanding high-grade niobium, rare earth, and scandium mineralisation. Metallurgical studies suggest commercial potential, with an updated JORC Exploration Target due in May 2026.