Latest Ore Reserve Estimates News

Sayona Mining has significantly increased the Mineral Resource and Ore Reserves at its Moblan Lithium Project in Quebec, reinforcing the project's long-term viability amid rising lithium demand.

Challenger Gold’s Argentinian subsidiary has obtained the crucial explosives permit to begin drill and blast operations for toll milling at the Hualilan Gold Project, unlocking near-term cash flow potential. The company’s recent Pre-Feasibility Study underscores robust economics, setting the stage for accelerated development.

Burgundy Diamond Mines has released an updated Life of Mine plan for its Ekati Diamond Mine, extending operations through 2040 with robust economics from the Fox Underground Project. The update includes revised resource and reserve estimates and a deferred Point Lake open pit mining schedule.

Astral Resources has reported exceptional high-grade gold assay results within the pit shell at its Kamperman deposit, bolstering the Mandilla Pre-Feasibility Study and highlighting growth potential across its Feysville Gold Project.

Beacon Minerals has updated the Laterite Mineral Resource at its Iguana Deposit, reporting 1.2 million tonnes at 0.92 g/t gold for 36,000 ounces. This upgrade enhances confidence in the Lady Ida Project’s near-surface gold potential ahead of an ore reserve estimate expected next year.

Catalyst Metals has significantly upgraded its Trident underground gold resource, doubling indicated ounces and setting a clear path toward doubling annual production to 200,000 ounces. This milestone underscores the company’s strategic progress in the Plutonic Gold Belt.

Bellevue Gold Limited outlines a robust FY26 production outlook with potential to exceed guidance, supported by an updated 3.1 million ounce resource and 1.3 million ounce reserve. The company advances feasibility on a paste plant to enhance long-term economics.

Burgundy Diamond Mines has updated its Ekati Diamond Mine Life of Mine plan through 2040, extending Misery underground operations and advancing the Fox Underground project with strong economic prospects.

Astral Resources has released a compelling Pre-Feasibility Study for its Mandilla Gold Project, targeting 1.4 million ounces over 19 years with strong financial metrics. The company also advances exploration across its Western Australian assets and integrates Maximus Resources into its portfolio.

Rand Mining Ltd reports a solid increase in the East Kundana Joint Venture’s mineral resources and ore reserves for 2024, reflecting updated gold price assumptions and operational cost reviews.

Elementos Limited has delivered a robust Definitive Feasibility Study for its Oropesa Tin Project in Spain, secured a $5 million strategic investment from Metals X, and progressed exploration at its Cleveland Tin Project in Tasmania.

Vanadium Resources Limited has raised A$1.2 million through an oversubscribed placement to support its near-term production ambitions and convert outstanding debt into equity, strengthening its balance sheet.