Latest Metallurgical Test Work News

European Resources Limited (ASX: ERE) has announced a $4.26 million renounceable entitlement offer to accelerate exploration and metallurgical work at its Korsnäs rare earth elements project in Finland. The offer is partially underwritten and includes attaching options, providing shareholders with a strategic opportunity amid significant recent resource growth.

Pacgold Limited is advancing its White Dam Gold Project with 95% completion of the Vertigo drilling program, delivering strong assay results that support an imminent resource upgrade. Operational milestones include commissioning of heap leach pad crushing, setting the stage for a production ramp-up.

New Frontier Minerals has secured technical approval for its Mining Lease Application at the Big One Copper Deposit, setting the stage for potential near-term copper production amid a tightening global copper market.

Lithium Energy Limited has revealed a detailed two-year, $36 million plan to advance its battery minerals projects, supported by a robust $68 million cash position as it prepares for ASX relisting.

Fortuna Metals has appointed two seasoned technical consultants to fast-track resource development and metallurgical planning at its Mkanda rutile and graphite project in Malawi, signalling a move towards resource estimation and potential commercialisation.

Caspin Resources has raised $6 million through an oversubscribed equity placement to fast-track exploration at its Bygoo Tin Project, focusing on expanding resources at the Kelpie Deposit and regional targets.

Lunnon Metals has announced a maiden Mineral Resource Estimate for its Hustler gold deposit, adding 30,200 ounces to its portfolio and setting the stage for potential open pit mining alongside the nearby Lady Herial operation.

Albright Metals has released a second batch of high-grade gold assay results from its 2025 drilling campaign at the Vail Road Gold Deposit, reinforcing the deposit’s robust mineralisation across multiple zones. These findings pave the way for an updated JORC Mineral Resource Estimate and further mine development studies.

Gold Mountain Limited reports robust high-grade rare earth mineralisation at its Capivara Prospect in Brazil, with assay results confirming significant shallow deposits and promising magnet rare earth oxide ratios. The company is advancing towards resource definition drilling and metallurgical testing.

Nex Metals Explorations is progressing metallurgical testing at its Kookynie Tailings Project and broadening collaboration with WTAC, while navigating geopolitical challenges delaying its Egyptian exploration efforts.

Kingsland Minerals reports outstanding graphite assay results from its Leliyn project, advancing metallurgical testing with Quinbrook to assess battery anode material potential.

Neometals has upgraded the Ironclad gold deposit resource at its Barrambie Project to 15,000 ounces, with a significant portion now classified as Indicated, underpinning plans for near-term development.