Latest Processing Options News

American Uranium Limited (ASX:AMU) has secured A$2.64 million through a placement after upgrading its Lo Herma uranium resource to 9.45 million pounds eU3O8 with improved grade. The company also plans a non-renounceable rights entitlement offer to raise up to A$2.58 million, supporting further drilling and technical studies ahead of a Q3 2026 Scoping Study.

Reach Resources Limited (ASX: RR1) has announced a 30% increase in the Mineral Resource Estimate for its Blue Heaven deposit at the Murchison South Gold Project, now totaling 80,000 ounces of gold at an improved grade of 3.0 g/t Au. The near-surface resource supports potential open pit mining with high metallurgical recovery and favourable infrastructure access.

Kingsland Minerals has announced breakthrough metallurgical test results from its Leliyn Graphite Project, revealing gallium recoveries up to 94%. The critical metal’s extraction potential could enhance project economics, with plans to establish a maiden gallium JORC Resource in 2026.

Greenwing Resources has initiated a scoping study at its 100%-owned San Jorge Lithium Brine Project in Argentina, appointing lithium brine specialist Zelandez to lead the work. The study aims to define development pathways and an economic framework for the project, which hosts a maiden Mineral Resource Estimate of 1.07Mt LCE.

Black Canyon Limited has reported encouraging beneficiation testwork results from its Wandanya manganese project, achieving manganese oxide concentrate grades exceeding 40% using simple density-based methods. The company has also commenced a 15,000m drilling program alongside environmental surveys, progressing the project towards scoping-level economic evaluation.

BMG Resources has commenced diamond drilling as part of a 10,000m program at its Abercromby Gold Project in WA, aiming to expand its 518,000oz gold resource. Results are expected within weeks, alongside a near-complete scoping study that could pave the way for near-term production.

Viking Mines has achieved a remarkable upgrade to a 63.6% tungsten concentrate at its Linka Project in Nevada, signalling a rapid, low-capital pathway to production amid soaring global tungsten prices.

American Uranium Ltd has increased its Lo Herma uranium resource to 9.45 million pounds with 43% now Indicated, marking a 10% growth and advancing the project toward a pivotal Scoping Study in Q3 2026.

Stavely Minerals has issued an amended 2026 Mineral Resource Estimate and Scoping Study, correcting key data omissions and confirming significant growth in its copper, gold, and silver resources. The updated study highlights promising open pit and underground mining potential in Western Victoria.

Felix Gold has secured a bulk sampling permit to extract 1,600 tons of high-grade antimony ore from its Treasure Creek project in Alaska, marking a pivotal step towards near-term production. The permit supports multiple production pathways, including toll treatment in 2026 and a dedicated smelter by 2027.

ABx Group has announced a breakthrough with its second mixed rare earth carbonate sample from Tasmania’s Deep Leads deposit, boasting higher heavy rare earth content and fewer impurities. This advancement enhances project flexibility and strengthens ABx’s position in the competitive rare earths market.

PTR Minerals reports promising initial metallurgical test outcomes and consistent high-grade drilling at its Rosewood Titanium Project, setting the stage for a maiden resource estimate in Q2 2026.