Latest Resource Conversion News

BPM Minerals has agreed to sell its Claw Gold Project to Capricorn Metals for $1.5 million upfront, with potential milestone payments doubling the deal value. This transaction strengthens BPM’s cash position to fund exploration at its promising Forelands Gold Project near Kalgoorlie.

BPM Minerals has secured an exclusive option to acquire the Forelands Gold Project in Western Australia, featuring high-grade, near-surface gold mineralisation and plans to commence drilling in Q3 2025.

Emmerson Resources has initiated critical geotechnical drilling at its White Devil Gold Deposit, progressing towards a feasibility study following a comprehensive reverse circulation drill campaign. The company’s scoping study signals strong potential for a major mine designation.

Titan Minerals has successfully expanded gold and silver mineralisation at its Iguana prospect by up to 800 metres beyond existing resources, while advancing drilling and geophysical surveys at the Dynasty Gold Project.

Brightstar Resources has unveiled a definitive feasibility study for its Laverton-Menzies gold projects, outlining a clear growth trajectory targeting 70,000 ounces annually over five years and aiming for 200,000 ounces by 2029.

ACDC Metals has lodged a retention licence application for its Goschen Central project in Victoria, marking a pivotal step in developing a critical minerals supply hub with strong economic prospects.

Tolu Minerals has launched a AU$15 million exploration campaign deploying seven diamond drill rigs to expand the Tolukuma gold mineralised corridor in Papua New Guinea, aiming to boost production and extend mine life.

Magnetic Resources NL has significantly increased its Lady Julie Gold Project resource to 2.14 million ounces, underpinning robust project economics and setting the stage for a Definitive Feasibility Study due in Q2 2025.

ACDC Metals has released a comprehensive scoping study for its Goschen Central project in Victoria, revealing strong economic potential through a two-phase heavy mineral sand and rare earth element operation. The study highlights robust financial metrics and strategic importance in critical minerals supply.

Wia Gold Limited reports compelling high-grade gold intercepts from extensive drilling at its Kokoseb Gold Project in Namibia, setting the stage for an imminent Mineral Resource Estimate update.

Titan Minerals’ latest drilling at the Cerro Verde prospect within the Dynasty Gold Project reveals significant deeper and lateral extensions of high-grade gold mineralisation, setting the stage for a resource upgrade and advancing mine development plans.

Emmerson Resources reveals a promising update on its White Devil gold project, confirming a major mine development opportunity with over 60% of its 611,400oz resource convertible to an open pit. The Scoping Study is on track for completion by early July 2025, setting the stage for a Pre-Feasibility Study.