Latest Metallurgical Test Work News

Prospech Limited has successfully raised $1 million through a 50 million share placement, aiming to accelerate exploration efforts in Finland and Slovakia, with a particular focus on expanding the Korsnäs resource.

Nimy Resources has successfully completed Phase 2 drilling at its Block 3 Gallium prospect in Western Australia, intercepting key host rock in 9 of 11 holes. Phase 3 drilling has now commenced to explore extensions beyond the original target.

Podium Minerals launches a $2.61 million rights issue to advance its Parks Reef PGM project, capitalising on strong market fundamentals and significant resource growth potential.

Podium Minerals Limited has launched a fully underwritten $2.6 million entitlement offer to fund advanced metallurgical testing at its flagship Parks Reef Project, aiming to enhance platinum group metals recovery and concentrate grades.

Victory Metals Limited has raised $4 million in a placement supported by top shareholders and company leadership, aiming to fast-track the Pre-Feasibility Study and development of its flagship North Stanmore Heavy Rare Earth Project in Western Australia.

Southern Cross Gold Consolidated Ltd has reported extraordinary drill results from its Sunday Creek project in Victoria, revealing ultra-high-grade gold and antimony mineralization that significantly expands the discovery footprint.

Rox Resources has completed a 35,000m drilling campaign at its Youanmi Gold Project, delivering multiple high-grade gold intercepts that confirm mineralisation continuity and underpin an upcoming resource upgrade.

Terrain Minerals is progressing metallurgical studies on its Larin’s Lane Gallium and Rare Earth Elements project, aiming to develop sustainable extraction methods and expand resource potential. Concurrently, the company has launched a $1.8 million rights issue to fund ongoing exploration and development.

Indiana Resources is making steady progress at its Minos gold deposit in South Australia, with over half of its planned drilling completed and a scoping study underway to support a maiden resource estimate.

Western Mines Group has raised $1.287 million through a strategic placement to fast-track exploration at its flagship Mulga Tank project, signalling renewed momentum in its nickel and precious metals ambitions.

Strickland Metals reports robust diamond drilling results at its Gradina Prospect, extending high-grade gold mineralisation and setting the stage for a maiden resource estimate in late 2025.

Genesis Minerals has secured the Laverton Gold Project from Focus Minerals for A$250 million, significantly expanding its resource base near its Laverton mill and advancing its ASPIRE 400 growth strategy.