Latest Ore Reserve News

Carnaby Resources has reported exceptional high-grade copper-gold drill results from the Trek 1 extension at its Greater Duchess Project, revealing significant down-plunge continuity that promises to boost the project’s mineral inventory.

Manuka Resources has released an amended Pre-Feasibility Study for its Cobar Basin assets, revealing a significant uplift in project profitability and a detailed 10-year mine plan targeting production in Q2 2026.

Arcadia Minerals reports the expiry of its exclusivity period with Hongkong Xinhai Mining Services for the Swanson Tantalum Project, as Xinhai continues its review focusing on mining cost clarifications before advancing negotiations.

Ramelius Resources has withdrawn forward-looking financial statements based on a high gold price assumption, issuing a revised investor presentation that reaffirms its strong production growth and shareholder return plans through to FY30.

Sarytogan Graphite Limited has received over $2 million from key investor Dias Sarsenov, advancing its share placement strategy and preparing for a pivotal board appointment. Meanwhile, a significant top-up investment from the EBRD awaits shareholder approval.

Core Lithium has taken the final investment decision to restart its Finniss Lithium Project, backed by a $307 million diversified funding package and strategic partnerships. The project targets a 20-year mine life with low operating costs and significant growth potential.

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.

Barton Gold has commenced a critical drilling program at its Challenger Gold Project, aiming to convert resources to ore reserves and deliver a Stage 1 feasibility study by mid-2026. This marks a pivotal step towards restarting operations and expanding regional development optionality.

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.

Beacon Minerals reports multiple high-grade gold intersections from extensive drilling at the Iguana Deposit, reinforcing its resource potential. However, the company lowers its March quarter production guidance due to operational challenges.

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.

Carnaby Resources has released a compelling Pre-Feasibility Study and maiden Ore Reserve for its Greater Duchess Copper Gold Project, outlining a 12-year mine life with strong financial metrics and a near-term production target.