Latest Prefeasibility Study News

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.

Maronan Metals has reported strong infill drilling results at its Maronan Project, intersecting shallow, high-grade silver-lead mineralisation just 250 metres north of the Starter Zone. This progress supports an accelerated 40,000-metre drilling campaign feeding into prefeasibility work.

Southern Palladium’s latest DFS metallurgical tests reveal a dramatic jump in chromite recovery to 85.6%, alongside improved platinum group metal grades and recoveries, potentially reshaping project economics.

Stellar Resources has secured the Ringville Exploration Licence adjacent to the Renison Tin Mine, significantly boosting its East Renison Project. The licence covers key geological structures linked to tin mineralisation and sets the stage for drilling in 2027.

Audalia Resources has secured $450,000 through a placement of 15 million shares at 3 cents each, aiming to push its Medcalf project closer to production while maintaining working capital.