Latest Mining Feasibility News

Small caps did the heavy lifting this week, led by two big discovery stories in resources. Funding raises and takeover moves kept attention on who can pay for the next step, not just promise it.

Speculative money piled into new discoveries and tight-supply metals, while a handful of small caps were sold hard on thin liquidity. The week’s biggest moves came from PGMs and tungsten on the way up, and micro-cap gas on the way down.

Chalice Mining has completed a pivotal Pre-Feasibility Study for its Gonneville Palladium-Nickel-Copper Project, defining a maiden Ore Reserve and setting sights on a Final Investment Decision by mid-2028 amid robust metal prices.

American Uranium Limited has reported significant progress at its Lo Herma ISR uranium project, completing extensive drilling and validating aquifer conditions that support in-situ recovery mining. The company is poised to update its resource estimates and advance development plans in 2026.

Mithril Silver and Gold Limited reports significant high-grade gold and silver drill results at Target 1 in Mexico’s Copalquin district, setting the stage for an imminent resource estimate update and an aggressive 2026 exploration campaign.

Falcon Metals has confirmed a significant 200-metre extension of high-grade gold mineralisation at its Blue Moon Project, with assays revealing up to 41.9g/t gold over 2.75 metres. This breakthrough validates the company’s geological model linking the Garden Gully line of reef to the prolific Bendigo Goldfield.

Green Technology Metals has appointed Altris Engineering to complete the Definitive Feasibility Study for its Seymour Lithium Project in Ontario, advancing towards a mid-2026 Final Investment Decision amid a disciplined cash strategy.

American Uranium Limited has initiated hydrogeological testing alongside Phase 1 drilling at its Lo Herma ISR uranium project, aiming to expand its resource and validate aquifer conditions critical for in-situ recovery mining.

Lunnon Metals has updated its Lady Herial gold resource to 36,300 ounces at 2.0 g/t, securing Gold Fields’ approval and nearing regulatory green light for mining.

Breakthrough Minerals has entered a conditional agreement to acquire a substantial North Queensland Copper-Gold Project near Mt Isa, boasting an 18.8 million tonne resource and backed by an $8.15 million capital raise. The acquisition positions the company for aggressive exploration and development in a prolific copper district.

Critical Minerals Group (ASX – CMG) reports significant progress in vanadium flow battery technology deployment, international supply chain engagements, and mine feasibility studies, positioning itself at the forefront of Australia’s renewable energy storage future.

Central Iron Ore Limited has finalized assay results from its 2025 Phase 1 drilling campaign at the British King Project, revealing multiple significant high-grade gold intercepts and confirming down dip extensions of mineralisation.