Latest Pre Feasibility Study News

Australian Rare Earths Limited (ASX, AR3) reports breakthrough metallurgical testwork at its Koppamurra project, doubling heap leach irrigation rates and achieving around 70% recovery of key magnet rare earth elements. These advances promise faster production timelines and lower costs ahead of the Pre-Feasibility Study.

Minerals 260 Limited reports robust drilling results from its 4.5 million ounce Bullabulling Gold Project, highlighting significant high-grade gold intercepts across multiple deposits. A new 30,000 metre drilling program has commenced to underpin an updated Mineral Resource Estimate due mid-2026.

Hot Chili Limited has reported further strong near-surface copper-gold drill results at its La Verde porphyry discovery in Chile, reinforcing the potential for a higher-grade starter pit within the Costa Fuego project. Visual mineralisation from deeper drilling suggests significant expansion of the high-grade core, with assays pending.

Aurum Resources has reported significant strike and depth extensions at its Boundiali Gold Project in Côte d'Ivoire, reinforcing its resource growth potential ahead of a key resource update and feasibility study.

Sarytogan Graphite Limited has upgraded its Mineral Resource Estimate to include 5.4 million tonnes of Measured graphite, underpinning a multi-decade mine life in Kazakhstan. This milestone supports the ongoing Definitive Feasibility Study due mid-2026.

Carnaby Resources has reported significant shallow, high-grade copper and gold drill results at its Trek 1 prospect, reinforcing the potential for an open pit development within the Greater Duchess Copper Gold Project.

St Barbara Limited has expanded its Nova Scotia exploration portfolio with 44 new targets near its 15-Mile Processing Hub, aiming to extend the mine life beyond 11 years. The company has acquired 174 exploration licences and plans extensive drilling and sampling in 2026.

True North Copper has increased its Cloncurry Copper Project mineral resources by 7% in copper and 9% in gold, underpinning ongoing feasibility studies and future drilling plans.

Tungsten Mining has completed a $53 million placement, oversubscribed by institutional investors, positioning the company to accelerate development of its key tungsten projects. The funds will support exploration and feasibility studies with results expected later this year.

Kairos Minerals has received the final $10 million payment from Pilbara Minerals under a key tenement sale, lifting its cash reserves to $35 million and setting the stage for expanded exploration and feasibility studies at the Mt York Gold Project.

Kalamazoo Resources has successfully closed an oversubscribed Share Purchase Plan, raising $4.1 million to fast-track drilling and development at its Ashburton Gold Project. Combined with a recent placement, the company secures $12.1 million to advance exploration and pre-feasibility studies.

Lotus Resources has launched a A$81 million equity raising to support the ramp-up of its Kayelekera uranium mine to steady state production targeted in Q2 2026, while advancing development of its Letlhakane project.