Latest Metallurgical Studies News

Ballard Mining has raised $20.6 million through a premium share placement led by new strategic investor Aurenne Group Holdings, aiming to accelerate exploration and resource growth at its Mt Ida Gold Project. A new, substantial October 2025 Exploration Target highlights significant upside beyond the existing mineral resources.

Perpetual Resources has reported exceptional maiden drilling results at its Igrejinha Project in Brazil’s Lithium Valley, confirming a polymetallic system rich in lithium, caesium, tin, tungsten, and tantalum. A recent $1.6 million capital raise bolsters its exploration momentum.

Lincoln Minerals has identified promising new drill targets at its Minbrie Copper-Base Metals Project in South Australia and secured $2.25 million in funding to advance exploration activities.

RareX Limited has reported new high-grade gallium re-assay results from 15 drill holes at its Cummins Range Project, confirming broad and consistent mineralisation alongside rare earths and scandium. These findings reinforce gallium’s potential as a valuable co-product in this multi-element critical minerals deposit.

Riedel Resources has finalized drilling plans for its high-grade Kingman Gold Project in Arizona and secured $1.4 million through equity raises to fund upcoming exploration and development activities.

Coda Minerals has raised $12.33 million to fully fund the Pre-Feasibility Study for its Elizabeth Creek Copper-Silver Project, with drilling now underway and a robust work program planned through 2026.

Lefroy Exploration has advanced its Lucky Strike Gold Deposit through robust drilling results and a $1.25 million cash advance from partner BML Ventures, positioning the company for imminent mining and further exploration.

Caspin Resources has announced a maiden inferred tin resource at its Kelpie Deposit within the Bygoo Tin Project, alongside securing an option to earn 80% of the promising Weethalle Gold Project. A recent $4.6 million capital raise positions the company well for upcoming exploration.

Sunshine Metals has completed a pivotal diamond drilling program at its Sybil gold project, revealing multiple high-grade gold intersections that bolster the prospect’s potential. The latest results highlight the presence of rich gold shoots within the A Vein and introduce a newly identified Splay Vein structure.

Stellar Resources advances its Heemskirk Tin Project with expanded drilling revealing high-grade tin zones and ore sorting trials confirming cost-saving potential. Strategic MOUs and a strong cash position underpin the company’s push towards becoming a top global tin producer.

Prospech Limited reports steady progress on rare earth element metallurgy at its Korsnäs project and promising gold-silver drill results in Slovakia, backed by a fully subscribed $2.1 million capital raising.

Asian Battery Metals has reinforced the potential of its Maikhan Uul copper-gold project in Mongolia with new drilling confirming a substantial massive sulphide zone. Pending assays and geophysical data suggest a promising extension of the mineralised system.