Latest Project Economics News

Canterbury Resources and Alma Metals have completed a positive Scoping Study for the Briggs Copper Project, confirming a 2Mt copper resource and strong metallurgy. Prefeasibility studies are now underway to refine resource confidence and project economics.

Rox Resources has released a Definitive Feasibility Study for its Youanmi Gold Project, revealing a high-grade reserve and strong financial metrics underpinning a planned 7-year mine life with significant growth potential.

Pioneer Lithium has identified promising exploration targets at its North Pine Project in Idaho, focusing on critical minerals like tungsten and antimony. The company plans advanced geophysical surveys to refine drill targets and leverage strategic processing opportunities nearby.

Horseshoe Metals reports strong drilling results confirming extensive shallow copper mineralisation at its Horseshoe Lights Project, with Direct Shipping Ore operations set to begin this quarter amid active offtake and funding talks.

Resources & Energy Group Limited (ASX, REZ) has announced a substantial JORC-compliant exploration target at its Gigante Grande Central Domain, estimating up to 500,000 ounces of gold. An extensive 8,750m drilling program is planned to commence in early 2026 to test and expand this promising resource.

Greenvale Energy’s latest drilling and trenching at the Oasis Uranium Project confirm high-grade uranium continuity and reveal a potential second mineralised structure, expanding exploration horizons.

Capricorn Metals has expanded its Orion South Underground Mineral Resource Estimate at Mt Gibson to 895,000 ounces, marking a 31% increase since July 2025. This growth, driven by extensive diamond drilling, underscores the project's underground potential alongside ongoing open pit operations.

Novo Resources reports impressive high-grade gold assays from the Teichman area and significant gold-antimony intercepts at Sherlock Crossing, setting the stage for expanded drilling in 2026.

PMET Resources reports a positive feasibility study for its flagship Shaakichiuwaanaan lithium project, revealing a maiden mineral reserve and advancing environmental and exploration milestones.

Horseshoe Metals has reported strong shallow copper mineralisation at its Motters Zone, boosting confidence in resource upgrades and paving the way for imminent Direct Shipping Ore operations.

James Bay Minerals has reported promising drilling results at its Independence Project in Nevada, extending gold-silver mineralisation beyond the current resource estimate at South Hill and initiating new drilling at Rebel Peak targeting high-grade zones.

Magnetic Resources NL has discovered a fourth high-grade core zone at its Lady Julie North 4 deposit, signaling significant underground potential and resource expansion within the Laverton Project. Ongoing drilling and a recent $35 million capital raise underpin an aggressive push to grow the gold resource beyond 1.94 million ounces.