Latest Metallurgical Testing News

Everest Metals has obtained a critical mining lease for its Revere Gold Project in WA, marking a major step from exploration to development with a 260,780-ounce maiden resource and ongoing approvals.

Podium Minerals has confirmed robust platinum group metals mineralisation extending to 500 metres depth at Parks Reef, reinforcing the project's scale and growth potential amid supportive market fundamentals.

Venari Minerals has raised an oversubscribed $6.1 million to fund key development stages at its Red Mountain Lithium and Strategic Minerals Project in Nevada, including resource upgrades and a scoping study targeted for early 2027.

Critical Minerals Group’s Pre-Feasibility Study for its Lindfield Vanadium Project delivers a robust $821 million pre-tax NPV and 26.6% IRR, setting the stage for a Definitive Feasibility Study and potential final investment decision in 2027.

Pilbara Gold is pushing ahead with a major 50,000m drilling campaign at its 2.1Moz Mt York Gold Project, targeting resource expansion at depth and along strike. Meanwhile, drilling has resumed at the Roe Hills Project after an eight-year break, aiming to define a maiden resource.

Auravelle Metals has locked in $1.5 million through a share placement, bolstering its exploration push at Nuckulla Hill and other gold projects with multiple drilling campaigns planned for the remainder of 2026.

Connected Minerals is set to acquire Frontier Group, gaining control of an 80% stake in the high-grade Bailundo carbonatite project in Angola, backed by a $4.5 million capital raise and planned drilling.

Barkly Rare Earths has kicked off a 10,000-metre drilling campaign at its flagship Barkly Project, aiming to grow its 40 million tonne inferred rare earth resource. Initial assays are imminent, setting the stage for a resource update later this year.

MGX Resources is accelerating development at its Central Tanami gold project with underground exploration and resource drilling, while monetising Koolan Island through a $20.2 million sale plus future revenue share, bolstering its cash reserves.

Gold Mountain’s latest metallurgical tests from its Capivara Prospect in Brazil reveal promising ionic adsorption clay rare earth mineralisation, with extraction rates nearing 66%. New targets at Irajuba add to the project’s expanding footprint.

European Resources Limited has boosted its Korsnäs rare earth project with a 15.4 million tonne Inferred Mineral Resource and promising metallurgical advances, while new seismic anomalies open fresh exploration avenues.

Iltani Resources has demonstrated significant grade upgrades and waste rejection in first-pass TOMRA ore sorting tests at its Orient Silver-Indium Project, advancing plans for bulk testing and potential cost savings.