Latest Mining Studies News

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.

Metal Bank has secured $1.2 million through a placement at a 30% premium, aiming to fast-track production at its Seven Leaders deposit and advance the Homestead and Winja gold projects at Livingstone.

Barton Gold’s recent drilling at the Challenger Gold Project confirms new open-pittable mineralisation at Challenger South-Southwest and Challenger 3, underpinning potential resource upgrades and a low-risk mill restart.

Scorpion Minerals has secured a $2 million option agreement with Andel Resources, granting exclusive rights to mine and process gold from the Old Prospect tenements, marking a pivotal step from exploration to production.

Coda Minerals has launched critical drilling and environmental programmes at its Elizabeth Creek Copper-Silver Project, underpinning its Pre-Feasibility Study and potential resource expansion.

WA1 Resources has boosted the Indicated Mineral Resource at its Luni Niobium Project by 20 Mt, lifting the high-grade subset and reinforcing its global significance in critical metals.

Maritana Minerals has launched a Phase 2 drilling campaign at its Burbanks Gold Project, aiming to deepen and expand its high-grade resource to support future mining and ore delivery to Black Swan.

Forrestania Resources has upgraded its Johnson Range gold resource to 130,730 ounces, marking a 26% increase supported by recent drilling and independent estimation.

Sunshine Metals has reported standout drilling results from its Liontown Gold Panel, including 22 metres at 20.25 grams per tonne gold, underpinning a resource update and revised mining study planned for mid-2026.

Black Bear Minerals has boosted its Independence Project resource in Nevada to 2.2 million ounces gold equivalent, including a standout 1Moz high-grade skarn at 6.3g/t gold, achieved at a mineral growth cost of just AU$4.71 per ounce.

Orbminco is set to begin a 2,500m drilling program at Majestic North aimed at upgrading inferred resources, testing structural controls on high-grade gold, and probing for primary mineralisation beneath the deposit.

Verity Resources has upgraded its Monument Gold Project with a maiden Indicated Mineral Resource of 66,200 ounces, lifting the total resource to 137,700 ounces and adding a new underground component.