Latest Project Economics News

Western Gold Resources Limited has released an updated Scoping Study for its Gold Duke Project, revealing a 47% increase in estimated cash surplus to A$56.1 million at a conservative gold price. The study outlines a 14-month mine life with enhanced production targets and secured processing agreements, positioning the project for near-term development.

PhosCo Ltd reports outstanding phosphate assay results from its maiden drilling at the KM Prospect within the Gasaat Project, revealing some of Tunisia's highest grades and promising strong project economics.

Caspin Resources’ initial ore sorting tests at the Kelpie Tin Deposit reveal significant grade upgrades, promising enhanced project economics and development flexibility at the Bygoo Project in NSW.

Dreadnought Resources announces a significant 36% increase in the high-grade Measured and Indicated gold resource at its Star of Mangaroon project, underpinning an updated open pit study and advancing commercial discussions.

Maronan Metals has released a Preliminary Economic Assessment for its Starter Zone project, revealing strong financial metrics and two viable development options – an onsite processing plant and a toll-treatment alternative.

Unico Silver has announced a substantial 73% increase in its Cerro Leon silver equivalent resource to 162 million ounces, surpassing prior exploration targets and setting the stage for a major scoping study.

Iltani Resources has reported strong assay results from recent drilling at its Orient East project in Queensland, revealing wide zones of high-grade silver-indium mineralisation. A maiden mineral resource estimate is anticipated by mid-October, potentially reshaping the project's development outlook.

Loyal Metals reveals a strategic pivot to copper with its Highway Reward mine, tapping into remnant resources and AI-driven exploration to capitalize on soaring commodity prices.

Kincora Copper Limited has regained 100% ownership of its Mongolian copper-gold assets after Orbminco Limited's withdrawal, positioning itself to advance exploration and development at the promising Bronze Fox project.

Zenith Minerals has completed its 2025 deep diamond drilling program at the Red Mountain Gold Project in Queensland, with priority assay results pending that could redefine the project's potential. Meanwhile, the company expands its exploration footprint and prepares for a major drilling campaign at its Consolidated Dulcie Gold Project in Western Australia.

Ardea Resources has completed a major infill drilling campaign at its Goongarrie South deposit, confirming premium nickel-cobalt-scandium mineralisation that underpins its Definitive Feasibility Study. The results reinforce the project’s position as Australia’s largest nickel-cobalt resource.

Western Gold Resources has voluntarily suspended trading of its shares pending critical assay results from its Gold Duke drilling program and to address an ASX price and volume query.