Latest Ore Reserve News

Pantoro Gold's FY2026 gold output fell below expectations due to contractor and labour shortages, prompting a strategic operational review. The company targets 90,000 to 105,000 ounces in FY2027 with a stabilisation-first approach and significant investments in new ore sources and infrastructure.

Astral Resources reports strong assay results from infill drilling at Theia, underpinning resource upgrades and de-risking early Mandilla mine development near Kalgoorlie.

Victory Metals advances its North Stanmore project by sending heavy rare earth concentrate to potential offtake partners and expanding its ore reserve through updated geological classification.

Viridis Mining has boosted the Colossus Project's high-confidence rare earth resource, underpinning debt financing and advancing toward production.

Kingston Resources has extended the high-grade upper A Lode at its Southern Ore Zone, Mineral Hill, with drilling confirming mineralisation continuity east and south, supporting resource growth and a longer mine life.

Alkane Resources has reported strong high-grade gold intercepts and the deepest mineralisation to date at its Björkdal Gold Mine in Sweden, underpinning potential resource growth and mine-life extension.

Australian Rare Earths (ASX: AR3) has discovered a promising niobium-rare earth carbonatite system at its Overland Project, marked by significant mineralisation in a single drill hole and linked to a large magnetic anomaly.

Minerals 260 has completed a Pre-Feasibility Study and declared a maiden Ore Reserve for its Bullabulling Gold Project, revealing robust economics and a pathway to production by late 2028.

Savannah Goldfields has obtained a critical Environmental Authority for its Agate Creek project, enabling mining to resume this quarter and targeting 36,800 ounces from Ore Reserves over two years.

Nexus Minerals has acquired Northern Star’s remaining 10% stake in the Pinnacles Gold Project, boosting its ownership to 100% and ending the joint venture. The deal includes a 1.5% net smelter return royalty payable to Northern Star, with an option to buy back part of it.

Antipa Minerals’ updated Pre-Feasibility Study test-work validates a conventional gold-copper processing route with strong recoveries and reveals geotechnical improvements that could reduce underground mining at Minyari Dome.

Anax Metals (ASX: ANX) is launching a high-impact 18-hole diamond drilling campaign at its Whim Creek Project, aiming to extend the Mons Cupri VHMS deposit and uncover new mineralisation with modern techniques.