Latest Ore Reserves News

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.

Revolver Resources has unveiled a compelling recommencement study for its Dianne Copper Mine in Queensland, forecasting over $125 million in pre-tax free cashflow from a four-year operation producing 14,330 tonnes of high-grade copper cathode.

Aeris Resources has received critical development consent from NSW authorities for its Constellation Project, paving the way for near-term production growth. The project boasts a substantial ore reserve with promising copper, gold, and silver grades.

Western Gold Resources Limited has released an updated Mineral Resource Estimate for its Gold Duke Project, reporting 277,000 ounces of gold and setting the stage for near-term production.

Caravel Minerals reports substantial progress on its Definitive Feasibility Study for the Caravel Copper Project, advancing engineering, environmental approvals, and strategic partnerships toward development.

Cavalier Resources has signed a landmark Native Title Agreement with the Wangkatja Aboriginal Corporation, clearing a major hurdle for the Crawford Gold Project. Alongside this, an updated Pre-Feasibility Study confirms robust economics underpinning near-term production.