Latest Resource And Feasibility Studies News

Celsius Resources has reported significant high-grade copper and gold drilling results at its MCB Project in the Philippines, alongside securing a conditional water permit crucial for advancing project development.

Emmerson Resources and Tennant Mining have formalised the White Devil Gold Project as a Major Mine JV, with Emmerson retaining a 40% contributing interest. Meanwhile, the Golden Forty deposit shifts to a Small Mines JV, providing Emmerson with a royalty stream.

Geopacific Resources has won a crucial extension on its Woodlark Mining Lease in Papua New Guinea, providing vital flexibility to progress its 1.67 million ounce gold project ahead of a definitive feasibility study due later this year.

Horizon Gold has initiated a 4,400m drilling campaign at its Gum Creek Gold Project to expand its 2.14 million ounce gold resource, targeting multiple prospects near the historic Gidgee Mill. A follow-up diamond drilling program will explore high-grade underground targets, aiming to extend the mine life and enhance project economics.

Canyon Resources’ Definitive Feasibility Study confirms Minim Martap as a major bauxite project with a 33% ore reserve increase and robust economics, targeting production start in early 2026.

Global Lithium Resources has been granted a 21-year mining lease for its Manna Lithium Project, significantly de-risking the venture and accelerating its path to a final investment decision.

Aurum Resources reports strong high-grade drilling results at its Boundiali and Napié gold projects, backed by a $35.6 million strategic placement to fund resource expansion and feasibility studies.

Rox Resources has made significant strides in advancing its Youanmi Gold Project, backed by a $40 million capital raise and promising drilling results that underpin an imminent resource update and feasibility study.

Brightstar Resources has launched its second phase of drilling at the Yunndaga deposit, aiming to expand and refine its gold resource as part of a fast-tracked development plan at the Menzies Hub.

Mont Royal Resources has announced the appointment of Nicholas Holthouse as President and CEO of Commerce Resources, setting the stage for their upcoming merger. Holthouse's extensive rare earths expertise is expected to drive the merged entity's growth in critical minerals.

Coolabah Metals Limited is set to transform into a producing miner with its $15-20 million capital raise, conditional on acquiring Broken Hill Mines Pty Ltd and resuming ASX trading.

Pure Resources Limited has entered a strategic alliance with SSH Group Ltd to accelerate the development of the Reedy Creek Garnet Project, aiming to enhance operational capacity and expedite project milestones.