Latest Refining News

Manhattan Gold Corporation has significantly expanded its Hook Lake Project in Nunavut, securing new claims with historic high-grade gold anomalies and preparing for maiden drilling and advanced geophysical surveys.

Sun Silver Limited has launched an ambitious 2026 drilling campaign at its Maverick Silver Project in Nevada, deploying four diamond core rigs to upgrade and expand its mineral resource while advancing metallurgical studies.

Victory Metals has announced a significant metallurgical breakthrough at its North Stanmore project, achieving over 70% extraction of critical heavy rare earths using a low-cost, low-complexity process. This advancement promises a faster, simpler path to market, setting the company apart in the competitive rare earths sector.

Everest Metals Corporation has reported promising metallurgical test results for its Mt Edon Critical Mineral Project, alongside submitting a key Mining Proposal to regulators, signalling progress toward commercial development.

Tungsten Mining NL is set to begin a 15,000-metre drilling campaign at its Watershed tungsten deposit in June 2026, aiming to better define near-surface high-grade mineralisation amid record tungsten prices.

Hammer Metals has identified multiple drill-ready copper-gold and lead-zinc targets at Mount Isa, including a high-priority SEDEX-style prospect at Kalman West backed by a $176,000 grant, and a newly defined gold anomaly at Keyser. A 3,000m drilling campaign is planned to kick off in April 2026.

Ardea Resources reports steady progress on the Kalgoorlie Nickel Project’s Definitive Feasibility Study, with the Japanese-Australian Consortium increasing its stake to 35%. The project moves closer to a potential 50% joint venture ownership upon a positive investment decision.

AVADA Group Limited has successfully refinanced its debt facilities with Commonwealth Bank of Australia, replacing a $40 million term loan with improved and more flexible financing arrangements.

Sarama Resources has progressed exploration at its Australian Cosmo and Mt Venn gold projects while pursuing a $242 million arbitration claim against Burkina Faso over a disputed permit withdrawal.

Kairos Minerals has secured shareholder approval to rebrand as Pilbara Gold Limited and consolidate its shares on a 1-for-15 basis, signalling a new chapter for the company’s gold exploration ambitions.

FMR Resources has reported extensive mineralised intersections in drillhole 26LHDD073 at Target L within the Llahuin Project JV, highlighting promising porphyry copper-gold-molybdenum potential. Assay results are anticipated in June 2026, setting the stage for a focused Phase II drilling campaign.

Viking Mines has achieved a remarkable upgrade to a 63.6% tungsten concentrate at its Linka Project in Nevada, signalling a rapid, low-capital pathway to production amid soaring global tungsten prices.