Latest Mineral Resource And Ore Reserve News

Kingston Resources launches a $8.47 million rights issue at a 12.5% discount, backed by a $4.4 million placement, to finance a major drilling campaign and plant expansion at Mineral Hill following the closure of its Pearse South open pit.

Barton Gold has kicked off a Pre-Feasibility Study for its Tunkillia Gold Project, aiming to incorporate resource upgrades from expanded drilling and deliver a detailed development plan by early 2027.

Aurelia Metals has completed a Pre-Feasibility Study for its New Occidental Tailings Retreatment Project, declaring a maiden Ore Reserve and outlining strong economics and a clear path to production at its Peak Operation in NSW.

Kingston Resources stops mining at Pearse South after a second geotechnical failure, pivoting to a major underground drilling program and launching a $11.6 million capital raise to underpin a long-term expansion at Mineral Hill.

Meteoric Resources has reported exceptional pilot plant performance at its Caldeira Rare Earth Project in Brazil, achieving magnet rare earth oxide recoveries of 80% in May and exceeding pre-feasibility study targets.

Barton Gold has raised $25.5 million through an institutional placement, fully funding critical feasibility studies and resource upgrades across its Challenger, Tunkillia, and Tolmer projects in South Australia.

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.

Felix Gold’s 2025 drilling at NW Array within the Treasure Creek Project reveals multiple broad zones of near-surface high-grade gold and exceptional antimony mineralisation, reinforcing its dual-commodity strategy amid advancing US critical minerals supply.

Saturn Metals has reported robust drilling results at its Apollo Hill Gold Project, reinforcing a near-term upgrade to its 2.24 million ounce Mineral Resource. The new data will underpin the upcoming Definitive Feasibility Study and updated Ore Reserve.

Lunnon Metals delivered over 2,200 ounces of gold in April 2026 from Lady Herial, generating $9 million in revenue and maintaining its schedule to complete mining by September.

Viridis Mining has delivered strong infill drilling results at its Colossus Rare Earth Project, boosting resource confidence and underpinning an imminent resource and reserve upgrade ahead of a Final Investment Decision in Q3 2026.

GreenX Metals has leveraged a 2000 airborne hyperspectral survey to identify fresh high-priority tungsten, antimony, and gold targets at its Eleonore North Project in East Greenland. The discoveries sit adjacent to historical high-grade estimates, setting the stage for 2026 fieldwork aimed at advancing drill-ready targets.