Latest Project Development News

Brockman Mining has regained full control of its Ophthalmia Project after Polaris Metals surrendered its joint venture interest, ending a loan obligation and opening new development options.

Medallion Metals has raised A$60 million through a targeted placement, boosting its liquidity to about A$175 million and enabling accelerated development of its Ravensthorpe Gold Project and drilling programs in Western Australia.

McLaren Minerals reported robust assay results from 179 drill holes at its McLaren Titanium Project, revealing a consistent heavy mineral grade averaging 4.96% over 15.8 metres from surface, underpinning resource upgrade and feasibility plans.

Viking Mines reports assay results confirming TOMRA X-ray ore sorting can upgrade tungsten grades by up to 4.1 times and recoveries nearing 93% at its Nevada Linka Project.

Botala Energy reports promising early gas observations at its Serowe-3.5B well in Botswana, signaling reservoir responsiveness as the well approaches a critical dewatering stage in its Pitse Pilot.

Western Gold Resources has lifted the Gold Duke Project’s Mineral Resource to 277,000 ounces of gold, marking a 29% increase in contained gold and a significant jump in resource confidence following extensive drilling.

Zinc of Ireland (ASX: ZMI) has fast-tracked its ARGO technology development to recover germanium, gallium, and indium, targeting early 2027 for pilot plant operations. The move aligns with EU regulatory demands for critical minerals and aims to reduce waste and emissions in zinc smelting.

Barton Gold has kicked off sterilisation drilling at its Tunkillia project while advancing a Pre-feasibility Study targeting early 2027. Recent extensive drilling aims to upgrade resources and underpin a mining lease application.

Titan Minerals has identified a significant shear-hosted gold-silver mineralisation corridor at its Cerro Verde prospect, revealing a major drill intercept outside the current resource that could boost the Dynasty Gold Project's resource base.

Lindian Resources confirms Kangankunde Rare Earths Project remains on track for first production in late 2026, with concurrent progress across construction, mining, and operational readiness. The company is expanding its operational footprint internationally and strengthening its team to support the transition from construction to production.

Encounter Resources has launched a strategic review of its copper assets across Western Australia and the Northern Territory, aiming to accelerate project development amid promising drilling results at its Yeneena Copper Project and other key sites.

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