Latest Metallurgical Testing News

Minrex Resources is set to ramp up its flagship Tlamino Gold Project in Serbia with a fully funded 7,000m drilling program aimed at upgrading its resource classification and refreshing project economics in a dramatically improved metals price environment.

Lithium Energy is selling its Queensland graphite projects for $20 million to M Battery Materials, which plans an ASX listing focused on battery minerals. Shareholders may receive MBM shares in-specie, gaining direct exposure to a growing battery materials platform.

Beacon Minerals has wrapped up its FY2026 drilling at the Iguana Deposit, delivering high-grade gold assays that suggest the deposit is larger and richer than previously estimated.

Metal Bank has taken a significant step toward production at its Seven Leaders gold deposit by signing a non-binding MOU with Terra Mining for contract mining and crushing services, targeting a Q4 2026 start.

Pacific Resources (ASX: PXR) has secured 100% ownership of the Snowstorm Project, a high-grade gold asset in Victoria’s Eastern Goldfields, for $400,000. The acquisition complements its existing foothold in the region and sets the stage for underground bulk sampling and deeper exploration.

Fulcrum Lithium’s Phase 3 drilling at Alkali Flats in Nevada reveals extensive, thick lithium mineralisation with grades exceeding 300ppm across a large area, setting the stage for a maiden Mineral Resource Estimate.

Nickel Industries has boosted the Sampala Project’s nickel resource to over 1 billion tonnes, reinforcing its position among the world’s largest nickel laterite holders and advancing development with a $144 million acquisition payment due next year.

Red Mountain Mining has produced a high-grade 51.8% antimony concentrate from Oaky Creek with excellent 85% recovery, setting the stage for upcoming drilling to define the resource along a 3km mineralised strike in NSW.

White Cliff Minerals has landed a CAD$250,000 exploration grant from Nunavut’s government to fund a 6,000m drilling campaign at the Danvers deposit, reinforcing the Rae Copper Project’s potential in a Tier-1 mining jurisdiction.

Legacy Minerals has delivered a robust Scoping Study for its Mt Carrington gold-silver-copper project, confirming a high-margin 12-year operation with significant growth potential and manageable capital requirements.

Brightstar Resources is poised to hit a major milestone with a Final Investment Decision expected in June 2026, paving the way for first gold production by mid-2027 at its Goldfields Project in Western Australia.

Nex Metals Explorations and the Wangkatja Tjungula Aboriginal Corporation have formalised a joint venture to combine WTAC’s capital and cultural knowledge with Nex Metals’ technical expertise to pursue gold projects in Western Australia.