Latest Ore Reserve News

Aeris Resources has released its comprehensive 2024 Mineral Resource and Ore Reserve Statement, detailing strategic changes and growth plans across its Tritton, Cracow, Jaguar, North Queensland, and Stockman assets.

Perseus Mining reports robust drilling results at its Nyanzaga Gold Project in Tanzania, highlighting significant high-grade gold intercepts and potential for mine life extension beyond the initial 11-year plan.

Meteoric Resources has released a robust Pre-Feasibility Study for its Caldeira rare earths project in Brazil, highlighting a low-cost, long-life deposit with strong government backing and a targeted production start in 2028.

Patriot Battery Metals has announced a maiden Mineral Resource Estimate for the Rigel and Vega caesium zones at its Shaakichiuwaanaan Project, defining the world’s largest pollucite-hosted caesium deposit. This discovery positions the company as a potential key supplier of caesium, a critical mineral with rising demand in emerging solar technologies.

Meteoric Resources’ Pre-Feasibility Study confirms the Caldeira Project in Brazil as a globally significant rare earths deposit, boasting robust economics, low operating costs, and strong sustainability credentials. The study underpins a 20-year mine life with substantial growth potential amid rising global demand for critical minerals.

Lunnon Metals has completed a detailed Scoping Study on its Baker and Foster nickel sulphide deposits, highlighting potential economic viability despite ongoing uncertainty over processing arrangements. The study recommends sequential mining starting with the fully permitted Baker deposit, which remains profitable even at current nickel prices.

Pantoro Gold capped FY2025 with robust production and cashflow, eliminating debt and setting ambitious growth targets for FY2026 at its Norseman Gold Project.

Great Southern Mining has sold the Southern Star gold prospect licence to Regis Resources for up to A$9 million, including a strategic alliance to accelerate exploration in the Duketon Belt.

Ausgold Limited’s Definitive Feasibility Study for the Katanning Gold Project confirms a decade of strong gold production and robust financial returns, while regional exploration efforts continue to expand the growth pipeline.

Metals Australia Ltd has significantly expanded its Lac Carheil graphite project resource with a 595% increase in graphitic carbon intercepts, setting the stage for an updated Mineral Resource Estimate and advanced mine planning.

Saturn Metals has announced a substantial 10% increase in the Apollo Hill Gold Project resource, now totaling 2.24 million ounces with a strong majority classified as Measured and Indicated. This upgrade underpins upcoming feasibility studies and highlights ongoing exploration potential in Western Australia.

Santana Minerals reports significant high-grade assay results from drilling at the northern extensions of its Rise and Shine gold deposit, bolstering prospects for resource upgrades and mine life extensions.