Latest Preliminary Economic Assessment News

Sun Silver has engaged global engineering firm Ausenco to lead critical concept and scoping studies for its Maverick Silver Project in Nevada, aiming to underpin a maiden Scoping Study by late 2026. The move leverages Ausenco’s North American precious metals expertise and comes as silver prices hover near US$77 an ounce, bolstering project economics.

Southern Cross Gold Consolidated Ltd. has transitioned its Sunday Creek project into execution, commencing surface works and targeting a maiden inferred resource in early 2027, supported by a robust $123.2 million cash position.

FireFly Metals Ltd reports strong drilling results at its Green Bay Copper-Gold Project in Canada, reinforcing the continuity of high-grade mineralisation in the Core Zone and adjacent VMS zones. These results support an upcoming resource upgrade and economic studies scheduled for mid-2026.

Red Metal Limited is set to distribute the majority of its 35.2% stake in Maronan Metals to shareholders, aiming to boost liquidity and allow investors to directly engage with Maronan’s promising silver project.

PMET Resources has reported its final 2025 drilling results from the Shaakichiuwaanaan Property, revealing the widest caesium intercept to date at the newly discovered Helios Zone and identifying a new mineralized lens north of the Vega Zone.

Cygnus Metals has successfully raised A$25 million through a well-supported placement to fund resource expansion and technical studies at its Chibougamau Copper-Gold Project in Canada.

Sun Silver Limited reports exceptional metallurgical test results from its Maverick Springs project in Nevada, highlighting strong silver and gold recoveries that support a low-cost heap leach development pathway.

Maronan Metals has been granted a Mineral Development Licence for its Maronan Silver Project, marking a pivotal step toward mine readiness and enabling underground resource expansion.

Resouro Strategic Metals reports encouraging metallurgical testwork results and progress on the Preliminary Economic Assessment for its Tiros Titanium and Rare Earths Project in Brazil, highlighting potential for a globally significant operation.

MinRex Resources Limited (ASX: MRR) has announced a definitive agreement to acquire 100% of Electrum Discovery Corp. (TSX-V: ELY) via a statutory Plan of Arrangement, creating a combined ASX-listed gold-copper exploration company with significant assets in Serbia and Australia.

PMET Resources has launched a C$137.7 million capital raising via a private flow-through share offer and concurrent placements to fund exploration and development of its Shaakichiuwaanaan lithium project in Quebec.

PMET Resources has announced a significant capital raise of up to C$130 million through a public offering and a flow-through private placement to advance its Shaakichiuwaanaan critical minerals project in Quebec. The funds will support updated feasibility studies and exploration, aiming to de-risk the path to a Final Investment Decision.