Latest Reserves News

Orezone Gold has put a US$1.05 billion after-tax valuation on a 14-year Casa Berardi mine plan, with a planned East Mine restart and 1.63 million ounces of production. The economic case remains preliminary, includes Inferred Resources and reports no Mineral Reserves.

Neurizon Therapeutics has secured A$4.3 million through a discounted placement and is seeking another A$2.0 million from eligible shareholders, while redeeming its remaining Obsidian convertible notes. The move removes current note-conversion dilution, but shifts funding risk towards equity holders ahead of a pivotal NUZ-001 trial readout.

Vintage Energy’s FY26 annual report has laid bare the financing challenge behind its Cooper Basin growth plans, with production and revenue falling, reserves reclassified and the auditor flagging material uncertainty over the company’s ability to continue as a going concern. A $2.5 million net government grant contribution provides a start, but Vintage still needs matching capital to drill and work over its core gas assets.

St Barbara has stacked three material updates into one day: Touquoy is cleared to restart processing, Nova Scotia resources have risen to 3.02 million ounces, and the board has approved a buyback of up to 100 million shares. The catch is a new federal impact assessment for the proposed 15-Mile processing hub, adding uncertainty to the company’s mid-2028 construction target.

Emperor Energy has converted its rig arrangement into a binding full form contract, securing Valaris 107 for the Judith-2 appraisal well offshore Victoria in April 2027. The milestone reduces one immediate execution risk, but leaves further payments and the drilling outcome ahead.

Evion Group has secured an option to earn up to 75% of non-reserved minerals across the Blue Nose property in Nevada, expanding its potential fluorspar footprint around Carp. The opportunity comes with 63 historical drill holes whose stored samples have never been assayed for fluorine, but the transaction remains subject to due diligence and other conditions.

Solstice Minerals has returned its strongest shallow copper-gold result yet at Nanadie, led by 10 metres at 9.40% copper, 2.13g/t gold and 23.4g/t silver. The result sits within a broader mineralised zone that could influence the next resource estimate, although metallurgy, continuity and true widths remain unresolved.

Regis Resources has extended gold mineralisation beyond existing reserves at Garden Well and identified fresh-rock mineralisation beneath the largely regolith-hosted Moolart Well deposit. Strong intersections at Beamish South are now feeding a Mineral Resource update and potential Ore Reserve assessment.

Manuka Resources has restarted gold production at Wonawinta and reached full processing capacity after quarter end, marking the first operating revenues from the plant. The stronger production narrative is tempered by A$581,000 in cash, A$60.1 million of borrowings and a reported funding runway of just 0.37 quarters on the September cash burn.

Lodestar Minerals has established a maiden 221,000oz gold resource at Ned’s Creek, while expanding its heavy rare earth and Chilean copper portfolios. The milestone comes with only A$2.027 million in cash and an estimated 1.15 quarters of funding at the reported quarterly spend rate.

Macarthur Minerals has secured a second Programme of Work approval for proposed bulk sampling at its Lake Giles Ularring Hematite Project. The milestone advances planning with Gold Valley and Destec, but the company stresses that it does not authorise mining, prove economic viability or amount to a final investment decision.

Far East Gold’s cash position has tightened sharply, with only A$593,000 remaining after a September quarter of takeover costs and exploration spending. The company says it needs new funding while a board-control fight threatens to add further uncertainty.