Latest Pre Feasibility Study News

Hawsons Iron Limited has secured $2.2 million through a discounted share placement, accompanied by free attaching options, to advance key studies and optimisations for its iron project in New South Wales.

Small caps did the heavy lifting this week, led by two big discovery stories in resources. Funding raises and takeover moves kept attention on who can pay for the next step, not just promise it.

Speculative money piled into new discoveries and tight-supply metals, while a handful of small caps were sold hard on thin liquidity. The week’s biggest moves came from PGMs and tungsten on the way up, and micro-cap gas on the way down.

Brightstar Resources has completed its strategic acquisition of Aurumin Limited, consolidating its Sandstone gold assets and boosting production by 12% in the December quarter. The company also advanced key feasibility studies, underpinning a promising growth trajectory.

Hot Chili Limited has reported a significant expansion of its high-grade copper-gold discovery at La Verde, Chile, supported by robust diamond drilling results. The company is advancing its Costa Fuego Project with promising pre-feasibility outcomes and progressing strategic partnerships.

Heavy Minerals Limited has finalized a binding agreement with Hillgrove Resources to extract garnet from tailings, while advancing its Port Gregory project and targeting substantial capital raising.

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.

Pursuit Minerals has made significant strides in its Argentine lithium and gold ventures, progressing its Rio Grande Sur feasibility study and completing the Sascha Marcelina gold project acquisition. The company is poised to begin drilling and further technical work in early 2026.

Cavalier Resources has taken a significant step forward at its Crawford Gold Project by signing a Native Title Agreement and delivering promising drilling results that support resource expansion. The company is advancing towards production while exploring funding options.

American West Metals has reported a substantial expansion of its Storm Copper Project resources in Canada alongside promising critical metals discoveries at its West Desert Project in Utah, underpinning its strategic growth and US market engagement.

Manuka Resources has secured a US$22.5 million loan facility and completed a A$15 million capital raise, positioning itself for a production restart in late Q2 2026 amid soaring silver and gold prices.

DGR Global’s December quarter report highlights ongoing legal battles, a contested SolGold acquisition offer, and steady progress across its diverse resource portfolio.