Latest Project Economics News

Turaco Gold has confirmed a new gold discovery at its Baffia prospect and is poised to release an updated Mineral Resource Estimate for its flagship Afema Project, signaling significant resource growth potential.

Antilles Gold progresses its Cuban joint venture projects, unveiling updated resource estimates and feasibility studies for Nueva Sabana, while expanding La Demajagua’s scope and pursuing financing options.

McLaren Minerals has advanced its McLaren Titanium Project with a $1.5 million capital raise, ongoing drilling revealing promising heavy mineralisation, and key leadership changes signaling a strategic push toward development.

Voltaic Strategic Resources advances exploration at Meekatharra and Kooline gold projects while securing a strategic 4.2% stake in Geopacific Resources, owner of the Woodlark Island gold project.

Redcastle Resources advances its Eastern Goldfields exploration with significant high-grade gold intercepts across three key prospects, setting the stage for upcoming resource estimates and development studies.

Strategic Elements Ltd (ASX: SOR) reported meaningful progress in its Energy Ink™ technology and underground mining platform during Q1 2025, while maintaining a robust cash balance and preparing for international collaborations.

Carnavale Resources advances its high-grade gold exploration at the Kookynie Gold Project with ongoing drilling targeting extensions at Swiftsure and the newly discovered Tiptoe deposit. Assay results due in June will be pivotal for resource expansion and project development.

Paterson Resources has reported promising geochemical test results from its Grace Gold Project, indicating high gold recoveries using conventional cyanide leach methods. These findings support the project's potential for efficient gold extraction and resource upgrading.

West Cobar Metals has identified five high-priority copper-gold targets in Western Australia’s Fraser Range and secured a farm-in deal with Minrex Resources to fund upcoming drilling. Positive metallurgical results at its Bulla Park copper-antimony project and a $450,000 placement underpin its exploration momentum.

Norwest Minerals Limited has launched a $4.85 million entitlement offer to fund an aggressive drilling campaign and mining option review at its Bulgera Gold project, aiming to significantly expand its gold resource amid soaring gold prices.

QMines Limited reports a 42% increase in Indicated resources at Develin Creek following maiden drilling, completes a $4 million capital raise, and moves to acquire the Mount Mackenzie gold-silver project, signaling a strategic expansion in Queensland.

Global Lithium Resources has resumed its Definitive Feasibility Study at the Manna Lithium Project, focusing on cost optimization and project economics, while advancing heritage and native title agreements. The company also reported significant board changes and a robust cash position heading into 2025.