Latest Processing Options News

Accelerate Resources (ASX: AX8) has doubled its Balagundi Gold Project landholding through a strategic deal with Maritana Minerals (ASX: MRT), acquiring key tenure and receiving $200,000 in shares while divesting non-core Kanowna East assets.

Legacy Iron Ore Limited has wrapped up Phase I mining at Mount Celia, pivoting to develop a heap leach processing facility while reporting a 77% surge in measured and indicated gold resources. The company also progresses its Mount Bevan iron ore joint venture amid ongoing exploration and feasibility studies.

GoldArc Resources has locked in A$7.2 million through a placement to fast-track exploration along the largely untested 9km Ursus Fault corridor at Leonora North, aiming to expand its 152,000-ounce resource and advance production plans.

Classic Minerals has restated its 80% beneficial interest in the Forrestania Gold Project, emphasizing that recent acquisitions by Forrestania Resources do not affect its rights, which remain protected amid ongoing Supreme Court litigation.

Kingsgate Consolidated has secured royalty and water rights for its Nueva Esperanza silver-gold project in Chile, removing significant financial burdens and unlocking development potential.

TG Metals Limited has achieved over 90% gold recovery in heap leach testwork on its Laterite resource at the Van Uden Gold Project, advancing preparations for a final investment decision in Q3 2026.

Medallion Metals has unveiled multiple high-grade gold-copper-silver intercepts from its Kundip Mining Centre drilling, boosting confidence in early mine plan stages before underground development begins in August 2026.

Forrestania Resources has upgraded its Johnson Range gold resource to 130,730 ounces, marking a 26% increase supported by recent drilling and independent estimation.

Freehill Mining has secured and reviewed the Mineral Resource Estimate block model for its Blanco y Negro copper-gold project in Chile, enabling accelerated underground mine planning and highlighting growth potential amid a strengthening copper market.

Resolution Minerals has achieved 99.5% recovery of stibnite from lower grade Antimony Ridge samples, reinforcing the project's potential as a key US antimony source. Further flotation and hydrometallurgical test work is underway alongside a major drilling campaign at Golden Gate.

Gorilla Gold Mines has uncovered a new high-grade gold lode at the Sovereign Deposit within its Comet Vale Gold Project, intersecting 9.3m at 20.6g/t Au in a previously untested footwall position. This discovery adds a fresh dimension to the North Kalgoorlie Hub’s 1.2Moz resource base and accelerates the company’s exploration momentum.

WIN Metals has uncovered exceptional gold grades up to 334 g/t at its Radio Gold Project, extending mineralisation beyond current mine designs and strengthening the case for a near-term development decision.