Latest Metallurgical Test Work News

Fortuna Metals has produced a premium-grade rutile concentrate exceeding 96% TiO2 from its Mkanda project in Malawi, marking a significant step toward establishing itself as a global supplier of titanium and graphite.

Terrain Minerals has reported compelling assay results from 35 air core holes at its Lort River Rare Earths Project in Western Australia, revealing a broad, shallow clay-hosted rare earth system with standout high-grade intervals and significant heavy rare earth proportions.

Mithril Silver and Gold has upgraded its Target 1 resource at the Copalquin project, delivering a 196% increase in indicated ounces and incorporating mining dilution to better reflect practical extraction scenarios.

Ore Resources has accelerated its lithium exploration and development at Coolgardie with diamond and RC drilling programs, alongside advancing economic studies and permitting efforts.

Celsius Resources has struck a binding deal to offload its 95% stake in the Opuwo cobalt-copper project in Namibia to Chinalco (Xiong’an) Mining for US$15 million, freeing capital to focus on its Philippine copper-gold assets amid ongoing arbitration.

Metals Australia’s prefeasibility study for its Lac Carheil Graphite Project in Quebec reveals a strong economic foundation with a pre-tax NPV of AUD 790.8 million and a 22% IRR, underpinning its potential as a significant future graphite supplier.

Lefroy Exploration has launched a scoping study for its Mt Martin Gold Project, following an updated resource estimate of 460,000 ounces. The study, funded by a recent $3.6 million placement, aims to assess development options by September 2026 while mining operations at Lucky Strike prepare to resume.

Lunnon Metals has reported robust assay results from a 36-hole infill drill campaign at its Hustler gold deposit, underpinning an imminent Mineral Resource update and advancing permitting and mining optimisation activities.

Sunstone Metals has raised $10 million through a discounted share placement, with strategic investor DGR Global acquiring a 10% stake and board representation. The funds will boost exploration and development at Sunstone’s high-potential gold-copper projects in Ecuador.

Sunstone Metals secures $10 million in a discounted placement led by DGR Global, which gains a 10% shareholding and board representation to accelerate exploration at high-potential Ecuador projects.

Flagship Minerals has wrapped up its metallurgical drilling and trenching at the 2.1Moz Isidora Gold Project in Chile, progressing to pilot scale heap leach test work and ongoing infill drilling targeting a resource update later this year.

Nordic Resources (ASX:NNL) has reported new drill results extending gold-copper mineralisation well beyond the 2025 resource boundary at its Kopsa project in Finland, supporting an upcoming resource upgrade.