Latest Project Economics News

TG Metals Limited has reported significant new drilling results from its Van Uden Gold Project, revealing thick, high-grade gold intercepts that extend mineralisation beyond current resource boundaries. These findings underpin an upcoming resource update and signal promising development prospects.

Australian Rare Earths Limited (ASX, AR3) reports breakthrough metallurgical testwork at its Koppamurra project, doubling heap leach irrigation rates and achieving around 70% recovery of key magnet rare earth elements. These advances promise faster production timelines and lower costs ahead of the Pre-Feasibility Study.

Hot Chili Limited has reported further strong near-surface copper-gold drill results at its La Verde porphyry discovery in Chile, reinforcing the potential for a higher-grade starter pit within the Costa Fuego project. Visual mineralisation from deeper drilling suggests significant expansion of the high-grade core, with assays pending.

Lunnon Metals has locked in a $6 million secured loan to fund critical pre-production activities at its Lady Herial gold project, marking a key step toward mining commencement.

PhosCo Ltd has reported outstanding final assay results from its Gasaat Phosphate Project in Tunisia, setting the stage for maiden resource estimates at the KM and SAB prospects. These high-grade intercepts promise to enhance early project economics and underpin an optimised scoping study.

New Frontier Minerals has executed a binding option to acquire a 90% interest in the Pomme Rare Earth Element and Niobium project in Quebec, partnering with Metallium to leverage advanced processing technology and expand its critical minerals footprint.

American Uranium has launched its 2026 drilling campaign at the Lo Herma ISR uranium project in Wyoming, aiming to expand and upgrade its mineral resource ahead of key updates this year.

Dateline Resources reports strong diamond drilling results at its Colosseum Gold-REE Project, confirming high-grade gold mineralisation beyond current resource boundaries and advancing plans for mine life extension.

Lefroy Exploration has launched its inaugural toll milling campaign at the Lucky Strike Gold Mine, with first gold production expected by mid-February amid strong gold prices. The company is also advancing drilling to expand the mine’s footprint.

Rumble Resources has reported significant high-grade gold intercepts extending mineralisation at Western Queen South to over 500 metres down plunge, alongside strong early drilling results at Western Queen Central. These findings underpin an updated gold resource estimate planned for later this year.

Tartana Minerals has made significant strides in expanding its silver exploration footprint with uncontested progress on EPM 27220, covering historic high-grade silver mines. The company also restates a robust Nightflower Exploration Target and plans extensive drilling in 2026.

Evolution Mining has secured a significant capital injection and reduced streaming rates in a revamped agreement with Triple Flag, paving the way for development of the gold-rich E44 deposit at Northparkes.