Latest Ore Reserve News

Ballard Mining Limited has launched a A$50 million placement to fund extensive drilling and early works at its fully permitted Baldock gold project in Western Australia, aiming for a maiden ore reserve and a final investment decision in 2026.

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.

Astral Resources reports strong high-grade gold assay results from recent drilling at its Feysville and Mandilla projects in Western Australia, highlighting significant extensions beyond current resource models and advancing development prospects.

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.

Vault Minerals delivered a robust December quarter with 76,520 ounces of gold produced and significant progress on its King of the Hills processing plant expansion, positioning the company for higher throughput and full exposure to gold prices after closing its hedge book.

Australian Gold and Copper has reported outstanding new drill results at its Achilles deposit, revealing multiple broad, high-grade silver and gold intervals that extend mineralisation beyond the initial resource estimate. The company aims to more than double its South Cobar Project resource by year-end with ongoing drilling.

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.

Lunnon Metals has completed a detailed Feasibility Study for its Lady Herial gold deposit, outlining a robust, short-life open pit mine with strong pre-tax cash flows exceeding $40 million. The project is fully permitted and poised for imminent development.

Stavely Minerals has initiated an updated 2026 Scoping Study for its copper-gold project in Western Victoria, driven by significantly higher metal prices and improved economic prospects since 2022.

Brightstar Resources has secured key regulatory approvals for the Lady Shenton open pit mine in Menzies, positioning the company to accelerate production within its Goldfields Hub. The deposit is now 'mine ready' and will feed into Brightstar’s planned Laverton processing plant.

Pantoro Gold’s latest drilling at Daisy South confirms high-grade gold extensions, underpinning updated open pit mining strategies at the Norseman Gold Project. The company is advancing mine design to develop Daisy South alongside Gladstone Everlasting, aiming to enhance operational efficiency and extend mine life.

Ballard Mining has resumed drilling at its Mt Ida Gold Project, aiming to expand its resource base and advance development milestones throughout 2026. The company targets a significant increase in gold resources while progressing towards a maiden ore reserve.