Latest Project Evaluation News

Mount Burgess Mining NL reports promising interim hydrometallurgical test results from its Nxuu Deposit, with zinc recovery exceeding 96% and strong extraction of vanadium, germanium, and gallium. These findings set the stage for a scoping study later this year.

Taruga Minerals reports progress on multiple Western Australian exploration licences, highlights promising high-grade rock chip results at Thowagee, and maintains a robust cash balance of $1.8 million as it navigates regulatory challenges in South Australia.

Brazilian Rare Earths Limited (ASX:BRE) reported exceptional exploration results in the March 2025 quarter, including record high-grade rare earth assays at Monte Alto and Pelé projects, alongside a strategic royalty agreement with Rio Tinto for its Amargosa Bauxite-Gallium Project.

Diablo Resources advances key US projects with permit progress at King Solomon and reclamation completion at Devils Canyon, while positioning for strategic growth through acquisitions.

Cosmo Metals has made significant strides in its exploration programs at the Kanowna Gold Project and Yamarna Region, supported by a recent $500,000 capital raise via convertible notes. The company is strategically evaluating project opportunities to maximise stakeholder value.

Accelerate Resources has secured a 70% stake in the Kanowna East Gold Project near Kalgoorlie and raised $1.35 million to accelerate exploration, while also identifying lithium-bearing spodumene at Mt Sholl East.

Province Resources Limited reported a stable cash position of $9.27 million in its December 2024 quarter, while continuing discussions on its HyEnergy® project and evaluating new gold and commodity opportunities.

Askari Metals reports significant exploration advances across its Australian gold and copper projects and secures a new uranium project in Tanzania, supported by fresh funding and leadership updates.

Australian Critical Minerals reports significant high-grade iron ore results from its Shaw and Cooletha Projects in the Pilbara, highlighting strong Direct Shipping Ore potential and strategic leadership additions.

Carbine Resources reports steady progress on its Muchea West silica sand mining licence application, engaging environmental consultants to support upcoming approvals. The company also continues exploration efforts at its Down South project.

Midas Minerals reports steady progress in its Western Australian gold and base metals projects alongside a $1.6 million capital raising, positioning the company for upcoming drill target definitions.

Bellavista Resources has secured nearly A$5 million in capital to fund due diligence on advanced precious and base metal projects, while maintaining a strong cash position and progressing exploration at its Brumby Deposit.