Latest Refining News

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.

Stavely Minerals has initiated an updated 2026 Scoping Study for its copper-gold project in Western Victoria, driven by significantly higher metal prices and improved economic prospects since 2022.

Terra Metals has confirmed a new platinum group metal-copper-nickel sulfide discovery at the SW5 target within its Dante Project, revealing a significant expansion of mineralisation beyond existing resources. This second discovery complements the earlier SW6 find and underscores the potential scale of the magmatic sulfide system in Western Australia.

Pioneer Minerals has raised A$1 million through a share placement to accelerate exploration of its US critical minerals projects, focusing on tungsten, gold, and uranium assets.