Latest Prefeasibility Studies News

Many Peaks Minerals has reported strong reverse circulation drilling results at its Ouarigue prospect in Côte d’Ivoire, confirming continuity and extensions of gold mineralisation over 800 metres of strike. The results bolster prospects for upgrading the resource and expanding its footprint ahead of a planned fourth-quarter Mineral Resource Estimate update.

Pilbara Gold (ASX: PGL) has formalised control over mineral rights at the Mt York Gold Project, unlocking exploration over an additional 367 square kilometres of prospective ground adjacent to its 2.1Moz resource in Western Australia.

Brightstar Resources reports steady July progress at its Goldfields Project, maintaining schedule and budget for first gold production in mid-2027 with key infrastructure milestones reached.

Latitude 66 secures key exploration permits for its high-grade KSB gold-cobalt project in Finland and reports strong assay results from Laverton drilling in Western Australia, setting the stage for resource growth and development studies.

Metals Australia has reported maiden ore reserves and strong economic studies for its Lac Carheil Graphite Project in Quebec, with a combined after-tax NPV of AUD 2.56 billion, positioning the company for a strategic revaluation as it advances feasibility studies.

American West Metals is progressing its Storm Copper Project towards near-term production while expanding critical metals resources at West Desert, supported by a US$40 million financing and offtake deal.

Latitude 66 has locked in critical exploration permits for its high-grade KSB Project in Finland, enabling an accelerated development phase including drilling and advanced studies.

Pilbara Gold has reported significant new gold intersections below the current pit shell at its Mt York Project, suggesting potential for resource growth ahead of a prefeasibility study update.

Stellar Resources has boosted its Heemskirk Tin Project resource by 64% at Severn, pushing total contained tin to over 129,000 tonnes, while advancing prefeasibility studies and securing a $22.1 million capital raise.

Havilah Resources has kicked off reverse circulation drilling at its Brooks Dam prospect near Kalkaroo, aiming to penetrate a stubborn gossan-chert horizon and better define underlying copper-gold mineralisation. The drilling is part of a strategic alliance with Sandfire Resources, which is also advancing its own large-scale drilling and prefeasibility work at Kalkaroo.

Aurelia Metals (ASX: AMI) exceeded its FY26 gold production guidance, delivering 50.4koz of gold and reporting its highest quarterly operating cash flow since 2018. The company also secured a new $150 million financing facility, bolstering liquidity as it advances key growth projects.

True North Copper is advancing its Mt Oxide Project with a strategic focus on expanding the Aquila copper-cobalt-silver discovery and developing the high-grade Vero resource, aiming to emulate the scale of the nearby Capricorn Copper mine.