Latest Ore Reserves News

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.

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.

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.

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.

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.

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.

Ausgold Limited's latest drilling at the Katanning Gold Project reveals exceptional high-grade gold intercepts, supporting resource growth and mine life extension prospects in Western Australia.

Pursuit Minerals has significantly extended the depth of its lithium brine exploration at the Mito tenement, Rio Grande Sur project, following advanced CSAMT data reprocessing. The company plans a three-hole drilling program to test these high-confidence targets, aiming to expand its resource base beyond the initial 5,000 tpa lithium carbonate production.

Element 25 has secured $18 million through a share placement to fund the expansion of its Butcherbird Manganese Project, aiming to increase output to 1.1 million tonnes annually and support its US battery-grade manganese facility.

Magnum Mining and Exploration has verified exceptionally high-grade gold assays up to 178 g/t Au at its Red Breccia target within the Parker Project, Arizona, reinforcing it as a priority drill target alongside Eagle Nest and NSW Detachment. The company is progressing drill permitting with first-pass drilling planned upon approval.

FireFly Metals Ltd reports strong drilling results at its Green Bay Copper-Gold Project in Canada, reinforcing the continuity of high-grade mineralisation in the Core Zone and adjacent VMS zones. These results support an upcoming resource upgrade and economic studies scheduled for mid-2026.

GreenTech Metals has uncovered material upside potential at its Munni Munni PGE-Cu-Ni project through a detailed review of historical drilling data, with maiden drilling assay results expected in mid-April 2026.