Latest Ore Reserves News

West African Resources has reported significant diamond drilling results extending high-grade gold mineralisation well below its current resource at Sanbrado, Burkina Faso, setting the stage for a major resource update in Q2 2026.

Audalia Resources has released supplementary details to its January 2026 Prefeasibility Study update, confirming a maiden ore reserve and outlining plans for construction to begin in late 2026, contingent on funding and approvals.

Lachlan Star Limited has secured a 90% stake in the historically rich New Waverley Gold Project in Western Australia’s Norseman region, setting the stage for a focused drilling campaign to unlock its untapped potential.

Tivan Limited has upgraded its Speewah Fluorite Project resource, confirming it as one of the world’s largest high-grade fluorite deposits with significant growth potential. The update supports imminent feasibility study milestones and further drilling plans.

Barton Gold Holdings has kicked off its 2026 drilling campaign at the Tunkillia Gold Project, aiming to secure Ore Reserves, complete a pre-feasibility study, and lodge a Mining Lease application by the end of the year.

Pursuit Minerals has delivered a compelling Pre-Feasibility Study for its Rio Grande Sur lithium project in Argentina, confirming strong economics and a maiden Ore Reserve. The company also secured a A$7 million capital raise to advance development.

Brightstar Resources has successfully raised $180 million through a $175 million institutional placement and a $5 million share purchase plan, fully funding its Goldfields development and advancing the Sandstone project towards a final investment decision.

Fortuna Metals has confirmed significant high-grade rutile mineralisation across broad areas of its Mkanda project in Malawi, with 675 drill holes completed and assays pending for the majority. The discovery positions the company alongside a world-class deposit and taps into surging demand for titanium in robotics.

Barton Gold Holdings has initiated an 8,000m drilling campaign at its Challenger Gold Project, aiming to upgrade resources and deliver a Definitive Feasibility Study by mid-2026. This move sets the stage for restarting the Central Gawler Mill and advancing multiple regional assets.

Ballard Mining reports strong early 2026 drilling results at its Baldock deposit within the Mt Ida Gold Project, underpinning a major resource expansion and a maiden Ore Reserve due mid-year.

AIC Mines has successfully accessed the Jericho copper deposit underground, confirming key geological models and reducing technical risks. This milestone accelerates plans to expand copper production at the Eloise mine in Queensland.

Audalia Resources has announced a maiden Ore Reserve for its Medcalf Titanium-Vanadium-Iron Project, supported by a robust January 2026 Pre-Feasibility Study update that highlights strong economic returns and a 9-year mine life.