Latest Ore Reserve Estimates News

McLaren Minerals reported robust assay results from 179 drill holes at its McLaren Titanium Project, revealing a consistent heavy mineral grade averaging 4.96% over 15.8 metres from surface, underpinning resource upgrade and feasibility plans.

Maritana Minerals (ASX:MRT) has reported a 6.3% rise in gold Mineral Resources to 1.86 million ounces and a striking 148% increase in Ore Reserves to 204,100 ounces for FY2026, driven by maiden Ore Reserves at Crake and Kalpini and updates at Boorara.

Westgold Resources reports a 41% jump in gold Ore Reserves to 4.1 million ounces with a 15% grade uplift, achieved at a notably low reserve addition cost of $27 per ounce. The company plans to invest up to $75 million in exploration drilling in FY27 to sustain this growth trajectory.

Toubani Resources reports robust high-grade gold intersections from pre-production drilling at its Kobada Gold Project, triggering a Mineral Resource Estimate update and advancing development plans toward mining in early 2027.

WA Gold's latest assays from seven diamond drill holes at Abercromby reinforce the continuity of a high-grade gold system over 500m, underpinning a promising resource development phase.

McLaren Minerals delivered strong drilling results at its McLaren Titanium Project, hitting bonanza heavy mineral grades up to 34.6% HM and completing the first stage of its Bankable Feasibility Study on time and budget.

American Rare Earths has ramped up feasibility drilling and pilot plant development at its Halleck Creek Rare Earths Project, while bolstering leadership and progressing preparations for a NASDAQ listing.

Emerald Resources NL sustained steady gold output at its Okvau Mine with 27.1Koz produced in June quarter while progressing the Dingo Range Gold Project towards production, supported by a robust cash position of A$481 million.

McLaren Minerals’ 2026 drilling at its Western Australia titanium project delivers broad, repeatable heavy mineral grades averaging 3.76% over 21 metres from surface, reinforcing resource continuity and advancing feasibility plans.

Horizon Gold's Definitive Feasibility Study for the Gum Creek Project outlines a 10-year open pit mine with robust production targets, strong financial metrics, and significant exploration progress, backed by a $30 million capital raise.

Astron Limited is progressing a $220 million senior debt facility for its Donald Rare Earth and Mineral Sands Project, targeting a Final Investment Decision in Q3 2026. The company’s joint venture partner Energy Fuels Inc. is expanding its rare earth supply chain with a $1.9 billion acquisition, while a revised Phase 2 study boosts the project’s combined NPV to $2.3 billion.

Cavalier Resources has lifted the net present value of its Crawford Gold Project by 50%, securing a $23 million financing package and advancing pre-production activities as it moves closer to development.