Latest Ore Reserve Estimates News

Sunrise Energy Metals advances its Syerston Scandium Project with a robust updated Ore Reserve supporting a 32-year mine life, alongside significant financing commitments and a strategic offtake option with Lockheed Martin.

Capricorn Metals reported solid December quarter gold production at Karlawinda, advanced its Mt Gibson exploration and development, and completed the Warriedar acquisition, positioning itself for growth in FY26.

Brightstar Resources is progressing its Sandstone Gold Project with a maiden Ore Reserve and Pre-Feasibility Study on schedule, aiming to establish a district-scale, long-life gold production centre in Western Australia.

Hillgrove Resources met its 2025 copper production and cost guidance, boosted ore reserves by 43%, and outlined ambitious growth plans for 2026 including expanded mining at Nugent and Emily Star.

Core Lithium has unveiled an optimised mine plan for its Grants deposit that promises earlier ore production and a $35-45 million reduction in pre-production capital. The company also reported a significant increase in its Finniss Project Ore Reserve and is advancing towards a Final Investment Decision amid improved lithium market conditions.

Emerald Resources has announced a 27% increase in the Mineral Resource Estimate for its Memot Gold Project in Cambodia, now totaling 1.7 million ounces of gold, with full permitting in place to begin development this year.

VHM Limited has made significant strides in developing its Goschen Rare Earths and Mineral Sands Project, securing substantial funding and critical regulatory approvals while expanding its resource base.

29Metals Limited reports promising high-grade copper and zinc intercepts from its 2025 drilling program at Golden Grove, signalling potential mine life extensions and enhanced operational flexibility.

Western Gold Resources Limited has released an updated Mineral Resource Estimate for its Gold Duke Project, reporting 277,000 ounces of gold and setting the stage for near-term production.

Cavalier Resources has signed a landmark Native Title Agreement with the Wangkatja Aboriginal Corporation, clearing a major hurdle for the Crawford Gold Project. Alongside this, an updated Pre-Feasibility Study confirms robust economics underpinning near-term production.

Hawsons Iron Ltd has declared a JORC-compliant Probable Ore Reserve of 2.3 billion tonnes and completed a positive Pre-Feasibility Study supporting a 26-year, 12Mtpa magnetite concentrate project in New South Wales.

Prospech Limited advances its Korsnäs rare earth project by transitioning from flotation upgrades to a targeted hydrometallurgical program with ANSTO Minerals, aiming to unlock value from a significant historical concentrate stockpile in Finland.