Latest Resource Conversion News

GTI Energy’s recent Scoping Study for its Lo Herma Uranium Project in Wyoming highlights a promising low-cost in-situ recovery operation with strong economic metrics and a 7-year production horizon.

Medallion Metals has reported outstanding drilling results from its Kundip Mining Centre, reinforcing confidence in its resource base and growth potential. The company is also advancing exclusive talks to acquire the Forrestania Nickel Operation, a key step in its sulphide development strategy.

Vault Minerals has expanded its King of the Hills open pit Ore Reserve by 33%, underpinning an 18-year mine life and announcing a $92 million Stage 2 plant upgrade to increase processing capacity to 7.5 million tonnes per annum.

Catalyst Metals Limited has secured A$150 million in equity to fund organic growth and exploration across its flagship Plutonic Gold Belt and Bendigo Gold Belt projects. The company aims to nearly double gold production to around 200,000 ounces per annum while reducing costs through strategic acquisitions and infrastructure leverage.

Omega Oil and Gas has confirmed an extensive oil and gas system in Queensland’s Taroom Trough through high-quality logging at its Canyon-2 well, with DFIT testing now underway to further evaluate reservoir potential.

West African Resources reports exceptional high-grade gold intercepts from diamond drilling below existing reserves at its M1 South underground mine, signaling a potential boost to its resource base and long-term production outlook.

Aurora Energy Metals has received a further US$550,000 from Eagle Energy Metals, extending the option to acquire the Aurora Uranium Project and underpinning key development milestones.

Regis Resources reports a solid increase in Mineral Resources and Ore Reserves for 2024, driven by significant underground growth at Duketon and Tropicana. Exploration success at key sites underpins confidence in extending mine life and expanding underground operations.

Core Lithium has released a comprehensive Restart Study for its Finniss Lithium Project, outlining a transition to fully underground mining that extends the mine life to 20 years while slashing operating costs and boosting production capacity.

Savannah Goldfields has announced a new gold Exploration Target at its Electric Light Deposit within the Georgetown Project, potentially extending known mineralisation and supporting its processing plant feed strategy.

Santana Minerals reports promising assay results from recent drilling at its Rise and Shine deposit, revealing extensions of high-grade gold mineralisation beyond current resource boundaries. These findings hint at significant upside potential for the project’s resource base.

Kairos Minerals has kicked off its biggest-ever drilling program at the Mt York Gold Project, aiming to significantly expand its 1.4 million ounce gold resource while advancing key agreements with traditional owners and neighbouring Pilbara Minerals.