Latest Metallurgical Testwork News

Pacgold Limited reports strong initial results from its 2025 drilling campaign at the Alice River Gold Project, revealing significant shallow high-grade gold intersections that reinforce the project’s bulk tonnage and high-grade potential.

Chilwa Minerals has reported strong assay results from its Mpyupyu Dune deposit in Malawi, revealing high Total Heavy Mineral grades that underpin an upcoming resource update. The company is advancing multiple resource estimates and rare earth exploration with improved assay turnaround.

Tempest Minerals Ltd (TEM) has reported further metallurgical test results from its Remorse iron ore discovery in Western Australia, confirming high-grade iron concentrate with low impurities. These findings reinforce the project’s potential as a significant iron ore development within the Yalgoo region.

VBX Limited is set to raise $10 million through an initial public offering to fund the development of its Wuudagu Bauxite Project in Western Australia, supported by a positive pre-feasibility study and strong market fundamentals driven by China’s growing aluminium demand.

Terra Metals has raised $4 million through a strategic placement, attracting heavyweight investors to accelerate exploration at its Dante Project in Western Australia.

ACDC Metals has released a comprehensive scoping study for its Goschen Central project in Victoria, revealing strong economic potential through a two-phase heavy mineral sand and rare earth element operation. The study highlights robust financial metrics and strategic importance in critical minerals supply.

Astute Metals has reported a significant upgrade in lithium concentration at its Red Mountain Project in Nevada, achieving a 38% increase in lithium grade and over 50% mass reduction through Falcon beneficiation testwork. This advancement points to lower processing costs and enhanced commercial viability for the project.

Breakthrough Minerals has completed the acquisition of the Errolls Gold Project in Western Australia and raised $1.2 million to fund an upcoming drilling program targeting high-grade gold mineralisation.

Titan Minerals’ latest drilling at the Cerro Verde prospect within the Dynasty Gold Project reveals significant deeper and lateral extensions of high-grade gold mineralisation, setting the stage for a resource upgrade and advancing mine development plans.

Prodigy Gold NL has announced a non-renounceable entitlement offer aiming to raise approximately $6.35 million to fund exploration and development across its key gold projects in the Tanami region. The offer is partially underwritten, providing a degree of funding certainty amid ongoing market and operational risks.

Caravel Minerals has locked in a $15 million loan facility to fund the critical Definitive Feasibility Study for its flagship Caravel Copper Project, advancing the path to development without diluting shareholder equity.

Prodigy Gold NL has launched a partially underwritten entitlement offer to raise up to $6.35 million, aiming to accelerate exploration and development across its key Tanami gold projects. Major shareholders APAC Resources and Plutus Prospecting are backing the raise, with potential board changes on the horizon.