Latest Ore Reserve News

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Ora Banda Mining’s latest drilling at Golden Pole within the Waihi Project has delivered multiple thick, high-grade gold intersections, validating the lode’s underground mining prospects and setting the stage for its debut in the upcoming June resource and reserve estimates.
Maxwell Dee
Maxwell Dee
21 Apr 2026
Barton Gold's recent drilling at the Challenger Gold Project has revealed previously unmodelled high-grade gold mineralisation up to 170.7 g/t Au adjacent to historical open pits, boosting prospects for a low-risk operational restart.
Maxwell Dee
Maxwell Dee
20 Apr 2026
BMC Minerals has kicked off its 2026 drilling campaign at the Kudz Ze Kayah Project with a standout massive sulphide intercept at the Krakatoa Zone, pointing to potential extensions beyond current reserves and a longer mine life.
Maxwell Dee
Maxwell Dee
20 Apr 2026
29Metals Limited (ASX:29M) swung to a $24 million net profit in 2025, powered by steady copper output at Golden Grove despite seismic disruptions, cost efficiencies, and key progress on growth projects including Gossan Valley and Capricorn Copper restart.
Maxwell Dee
Maxwell Dee
20 Apr 2026
Astral Resources has reported strong drilling results across its Western Australian gold projects, progressing the Mandilla Definitive Feasibility Study (DFS) and securing $1.76 million in a recent placement tranche. The company maintains a healthy cash position of $73 million as it targets first gold production in early 2028.
Maxwell Dee
Maxwell Dee
20 Apr 2026
Aeris Resources aims to extend the life of its Tritton copper operations through the proposed acquisition of Peel Mining’s South Cobar assets, while reporting strong H1 FY26 financial performance and advancing multiple development projects.
Maxwell Dee
Maxwell Dee
16 Apr 2026
Barton Gold has wrapped up diamond and reverse circulation drilling at its Challenger Gold Project, advancing a Definitive Feasibility Study targeting a low-risk Stage 1 open pit operation by the second half of 2026.
Maxwell Dee
Maxwell Dee
16 Apr 2026
Audalia Resources is set to raise $450,000 through a share placement aimed at funding critical mining design and permit work for its Medcalf Project, supporting its path toward development.
Maxwell Dee
Maxwell Dee
16 Apr 2026
AIC Mines reported a strong March quarter with Eloise copper production exceeding guidance at lower costs amid steady progress on its processing plant expansion and Jericho underground development.
Maxwell Dee
Maxwell Dee
16 Apr 2026
Genesis Minerals is set to acquire Magnetic Resources for approximately A$639 million, offering Magnetic shareholders a 25-35% premium. The deal unlocks synergies at the Lady Julie Gold Project, where an updated underground production target extends mine life to 14-19 years with improved economics.
Maxwell Dee
Maxwell Dee
16 Apr 2026
Cavalier Resources’ 2026 Pre-Feasibility Study update boosts the Stage 1 NPV of its Crawford Gold Project to A$77.2 million at A$6,500/oz gold, reflecting resilience amid supply chain pressures. The project maintains its ore reserve and pit design, with financing negotiations advancing.
Maxwell Dee
Maxwell Dee
15 Apr 2026
Kingston Resources has delivered a fresh batch of high-grade polymetallic assay results from underground drilling at its Southern Ore Zone, Mineral Hill, reinforcing the geological model and underpinning near-term underground mining plans.
Maxwell Dee
Maxwell Dee
15 Apr 2026