Latest Preliminary Economic Assessment News

FireFly Metals has delivered exceptional high-grade copper-gold drilling results from its Green Bay project, prompting an updated resource estimate and pushing its economic study completion to August 2026. The company also simplified its portfolio by selling Ontario gold assets and gained entry into the S&P/ASX 200 Index.

Maronan Metals bolsters its financial and technical position with a $22 million strategic investment from Kinterra Capital, accelerating infill drilling that confirms high-grade silver-lead and copper-gold mineralisation at the Maronan Project.

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.

Magnum Mining has secured Jack Lifton, a globally recognised rare earth expert, to steer business development as it advances its Piracanjuba North drilling campaign in Brazil.

PMET Resources has achieved over 97% caesium extraction from pollucite concentrate using sulphuric acid leaching at SGS Canada, while parallel proprietary testwork with Koch Technology Solutions advances value-added caesium chemical pathways.

Cygnus Metals is set for a transformative acquisition by Central Asia Metals valued at about A$232 million, while its Golden Eye deposit delivers high-grade drilling results that bolster resource confidence.

Euro Manganese has restructured its $23.5 million convertible loan with Orion into a royalty on its Chvaletice Manganese Project, enhancing financial flexibility and streamlining its capital structure ahead of project development.

Resouro Strategic Metals is set to raise up to C$2 million through a non-brokered private placement to fund pre-feasibility studies and metallurgical work at its flagship Tiros project in Brazil, building on a recent robust preliminary economic assessment.

Hot Chili Limited has locked in an additional US$15 million in non-dilutive funding from OR Royalties via an expanded net smelter return royalty agreement, adding the pre-resource La Verde project to the Costa Fuego copper-gold portfolio. This deal doubles OR’s commitment to US$30 million and underpins ongoing exploration and development.

FireFly Metals has delivered exceptional drilling results at its Green Bay Copper-Gold Project, reinforcing the continuity and scale of its high-grade core zone. These assays will feed into updated resource models and economic studies due mid-year.

Resouro Strategic Metals has unveiled a robust Preliminary Economic Assessment for its Tiros Titanium and Rare Earths Project, signalling a post-tax NPV of US$715 million and a 44.2% IRR over 20 years. Meanwhile, binding agreements for mining and processing at the Novo Mundo Gold Project promise to unlock additional value.

Euro Manganese has filed comprehensive NI 43-101 and JORC reports for its Chvaletice Manganese Project, confirming robust economics with a base case post-tax NPV of US$492 million and an upside scenario pushing NPV to US$798 million, driven by higher manganese prices.