Latest Project Economics News

Black Canyon’s latest drilling at Wandanya extends high-grade manganese and iron mineralisation 300m north and expands cross-strike widths to 800m, reinforcing the project’s potential for low-cost direct shipping ore.

Western Yilgarn has revealed high-grade, shallow gallium mineralisation from re-assayed drill pulps at its Cardea 1 Project, highlighting potential for a large-scale critical minerals resource in Western Australia’s Darling Range.

Revolver Resources has secured critical contracts and completed infrastructure upgrades at its Dianne Copper Mine Project, moving closer to a Final Investment Decision and first copper output within a year.

Hammer Metals reports strong initial drilling results at its Kalman Critical Metals Project, confirming broad zones of copper, gold, molybdenum, and rhenium mineralisation and supporting a resource upgrade ahead of a Scoping Study.

White Cliff Minerals has landed a CAD$250,000 exploration grant from Nunavut’s government to fund a 6,000m drilling campaign at the Danvers deposit, reinforcing the Rae Copper Project’s potential in a Tier-1 mining jurisdiction.

Legacy Minerals has delivered a robust Scoping Study for its Mt Carrington gold-silver-copper project, confirming a high-margin 12-year operation with significant growth potential and manageable capital requirements.

Wia Gold has raised A$92 million through a heavily supported placement to accelerate development of its Kokoseb Gold Project in Namibia, underpinning progress towards a Definitive Feasibility Study due later this year.

Saturn Metals has reported robust drilling results at its Apollo Hill Gold Project, reinforcing a near-term upgrade to its 2.24 million ounce Mineral Resource. The new data will underpin the upcoming Definitive Feasibility Study and updated Ore Reserve.

Prospect Resources has updated its Mumbezhi Copper Project Mineral Resource Estimate, boosting tonnage by 20% to 208.1 million tonnes and doubling gold resources to 262,100 ounces. The project now boasts tier-1 copper grades comparable to Zambia’s top mines, with Phase 3 drilling underway to expand resources further.

Geopacific Resources' updated 2026 DFS for the Woodlark Gold Project reveals a 19% rise in Mineral Resources to 1.98 million ounces and a new Ore Reserve of 1.2 million ounces, underpinning robust economics and a rapid 18-month payback.

Variscan Mines (ASX:VAR) has secured $690,000 in the first tranche of a $5 million placement, issuing 174 million shares at $0.004 each to new sophisticated investors. The capital raise supports ongoing development at the Novales-Udias zinc-lead project in Spain, which recently reported a JORC resource.

Benz Mining has verified extensive tungsten mineralisation across its 12km Glenburgh Gold System, closely linked with high-grade gold zones. The discovery adds a potential by-product revenue stream as drilling intensifies.