Latest Refining News

Alvo Minerals has confirmed significant copper, zinc, silver, and gold mineralisation at its Touro Prospect within the Palma Project in Brazil, with drilling underway to test deeper targets. This discovery bolsters the potential of Palma as a major VMS district.

Kalamazoo Resources has launched the Pre-Feasibility Study for its Mt Olympus gold project amid a fresh drilling campaign, while CEO Luke Mortimer announces his departure to take a senior overseas role.

Boab Metals is set to accelerate construction at its fully funded Sorby Hills Silver-Lead Project in 2026, capitalising on silver prices currently three times higher than previous assumptions. The company aims for first concentrate production by mid-2027, supported by strategic drilling and corporate milestones.

Patagonia Lithium’s latest drilling at Formentera reached 401m, revealing promising lithium concentrations at shallower depths but encountering low-porosity clays that limited further progress. The findings refine the company’s geological understanding and set the stage for upcoming drilling.

Red Mountain Mining has reported exceptional antimony assay results up to 34.3% from rock chip samples at its Oaky Creek prospect in New South Wales, confirming a large-scale orogenic antimony-gold system. The company plans drilling and further surveys in 2026 to advance exploration.

AuMEGA Metals has identified strong multi-element geochemical anomalies at the Isle aux Morts Granite, transforming this previously overlooked intrusion into a key focus for its 2026 exploration program.

Catalina Resources has initiated formal heritage engagement at its Beasley Creek gold project, setting the stage for future exploration in a proven Western Australian gold district.

Yandal Resources has reported strong continuity of high-grade gold mineralisation at its Arrakis Prospect, with recent drilling results confirming a predictable mineralised system and plans to accelerate exploration in 2026.

MetalsTech Limited is progressing its Pre-Feasibility Study for the Sturec Gold Mine in Slovakia, targeting completion in the first half of 2026, alongside key board appointments aimed at driving the project forward.

Ballymore Resources has reported its richest drill intersection yet at the Torpy’s prospect near Chillagoe, Queensland, revealing exceptionally high-grade silver, lead, zinc, and indium mineralisation. This breakthrough highlights the growing potential of the Torpy’s area and sets the stage for further exploration in 2026.

Norfolk Metals has completed Phase #1 of its maiden drilling campaign at the Carmen Copper Project in Chile, confirming significant higher-grade copper sulphide mineralisation open at depth. The company also secured firm commitments for a $2.1 million placement to fund ongoing exploration.

Polymetals Resources has resumed operations at its Endeavor Mine following a tragic incident, completing first concentrate shipments and securing $34.4 million in new capital to support exploration and ramp-up.