Latest Ore Reserve Estimates News

Cavalier Resources has secured a $4 million placement at an 11.95% discount to the 15-day VWAP, funding critical pre-production activities at its Crawford Gold Project. This capital injection complements ongoing negotiations for a US$13 million gold prepayment and a A$5 million loan, advancing the project toward production.

Emerald Resources NL posted a record March quarter pre-tax operating cash flow of A$143 million from its Okvau Gold Mine, maintaining full-year gold production guidance while progressing development and exploration at its Dingo Range and Memot projects.

Ora Banda Mining’s latest drilling at Golden Pole within the Waihi Project has delivered multiple thick, high-grade gold intersections, validating the lode’s underground mining prospects and setting the stage for its debut in the upcoming June resource and reserve estimates.

AIC Mines reports significant growth in Mineral Resources and Ore Reserves at its Eloise Copper Mine and Jericho Copper Project, underpinning potential mine-life extensions and production growth.

Astron Limited has completed a Bankable Feasibility Study for Phase 1 of its Donald Rare Earth and Mineral Sands Project, confirming robust economics and advanced financing talks ahead of a targeted Q2 2026 Final Investment Decision.

Turaco Gold has expanded its Afema Project mineral resource to 4.65 million ounces of gold, marking a significant increase ahead of its Preliminary Feasibility Study due in Q2 2026. This growth is underpinned by successful drilling campaigns and the maiden resource declaration for the Herman Deposit.

McLaren Minerals has launched a major drilling campaign at its McLaren Titanium Project, aiming to upgrade resource classifications and expand the deposit ahead of a Bankable Feasibility Study.

Saturn Metals has reported compelling high-grade gold assay results from its Titan Zone at Apollo Hill, reinforcing the potential of the Iris Footwall structure. These results pave the way for a resource update and feasibility study progress.

GoldArc Resources has kicked off a comprehensive 34,000-metre grade control drilling campaign at its Mt Stirling gold deposit, aiming to sharpen resource estimates and pave the way for mining operations.

Sunrise Energy Metals has completed a feasibility study for its Syerston Scandium Project, revealing a low-cost, long-life operation poised to supply critical scandium amid tightening Chinese export controls. The project targets production by mid-2028 with strong government backing and a growing global market.

Maronan Metals has been granted a Mineral Development Licence for its Maronan Silver Project, marking a pivotal step toward mine readiness and enabling underground resource expansion.

Astron Limited has released updated Mineral Resource and Ore Reserve estimates for its Donald Project, highlighting increased production forecasts for critical heavy rare earth elements. The project remains shovel ready, backed by comprehensive feasibility studies and regulatory approvals.