Latest Ore Reserves News

Saturn Metals Limited has announced exceptional high-grade gold assay results from its Apollo Hill Gold Project in Western Australia, including a record 1m intercept grading 277g/t Au. These findings highlight significant untapped northern extensions beyond the existing 2.24Moz Mineral Resource and support ongoing exploration and resource growth.

Regis Resources reported a strong cash and bullion increase of $198 million in the March 2026 quarter, lifting its balance to $1.128 billion despite gold production trailing FY26 guidance. The company continues to monitor fuel supply risks amid national uncertainties.

Core Lithium Ltd (ASX: CXO) has awarded a $50 million surface mining contract to NRW Pty Ltd to restart open pit mining at the Grants deposit within its Finniss Lithium Operation, targeting ore production from May 2026 and spodumene concentrate shipments by December.

Wildcat Resources Limited (ASX: WC8) has announced a 300m northerly extension of spodumene mineralisation at its Bolt Cutter Central lithium discovery in Western Australia, expanding the known footprint to over 2.3km northwest and up to 800m northeast. Metallurgical drilling has intercepted spodumene in all holes, with further drilling and metallurgical testing planned.

St Barbara has completed a major strategic transaction with Lingbao Gold Group, receiving A$389 million in cash and approving a US$333 million investment to expand the New Simberi Gold Project, setting the stage for a significant production boost.

Grange Resources has released its 2025 Annual Mineral Resource and Ore Reserve Statement for its Savage River operation, reporting only minor declines due to mining depletion and ongoing refinement of underground plans.

Felix Gold’s 2025 drilling at the NW Array prospect confirms extensive near-surface gold mineralisation alongside high-grade antimony, reinforcing its dual-commodity potential at Treasure Creek.

Savannah Goldfields has resumed gold processing at its Georgetown plant following maintenance, with ongoing production and plans to restart mining at Agate Creek pending environmental approval.

Larvotto Resources has reported robust diamond drilling results at its Metz Mining Centre, revealing wide zones of gold, antimony, and tungsten mineralisation that promise to boost the Hillgrove project’s resource base.

Lotus Resources has achieved a key milestone with Orano Chimie-Enrichissement accepting its Kayelekera uranium concentrate, paving the way for first uranium exports in the second quarter of 2026.

Ballard Mining reports promising drilling results at its Mt Ida Gold Project, extending mineralisation and targeting new open pit resources to supplement the Baldock deposit. The company advances towards a maiden ore reserve and feasibility study in 2026.

Macarthur Minerals has successfully raised A$1.25 million through an oversubscribed placement, positioning the company to advance exploration and maintain tenements at its Lake Giles Iron Project.