Latest Resource Modelling News

Tolu Minerals Limited reports steady progress at its Tolukuma Gold Mine, advancing a major mine expansion project targeting 500 tonnes per day production by the first quarter of 2027. Key infrastructure developments, drilling expansion, and processing plant refurbishments underpin the company’s growth strategy.

Reach Resources has completed a significant drilling program at its Murchison South Gold Project and secured two new mining leases, setting the stage for enhanced resource confidence and potential open-pit development.

Golden Horse Minerals reports multiple shallow, high-grade gold intersections at Golden Valley and significant deep drilling success at Southern Cross, backed by a $35 million capital raise to fuel 2026 growth.

Carnaby Resources has reported a 10% increase in its Greater Duchess Copper Gold Project resource, completed full ownership of the JV, and is advancing its pre-feasibility study with strong cash backing and promising drill results.

PC Gold has reported robust drilling results at its Spring Hill Gold Project, revealing multiple visible gold occurrences and new mineralised zones. An updated Mineral Resource Estimate is targeted for Q1 2026, supported by a photon re-assay program and advancing pre-feasibility studies.

Ark Mines has made significant strides in advancing its Sandy Mitchell Rare Earths Project, initiating a full-scale processing trial and securing critical environmental approvals, setting the stage for production by late 2027.

Savannah Goldfields has reported promising high-grade gold intercepts from recent drilling at its Electric Light prospect, part of the Georgetown Gold Project in Queensland. The company plans to update its mineral resource estimate and explore mining options.

Strata Minerals Limited’s inaugural drilling at the Zelica Gold Project confirms consistent, shallow, high-grade gold mineralisation over a 1km strike, with promising extensions open at depth and along strike. Follow-up drilling is set to further define this emerging gold corridor in Western Australia’s Laverton Province.

Ora Banda Mining has approved a $63.2 million investment to advance its growth projects, including a new 3Mtpa processing plant and the Waihi open pit mine, marking a significant step in expanding its Western Australian operations.

Berkeley Energia reports promising metallurgical results from its Conchas critical minerals project in Spain while pursuing a US$1 billion arbitration over permitting delays at its Salamanca uranium project.

Mt Malcolm Mines NL has taken a major step forward with the acquisition of a 500,000 tonnes per annum gold processing plant and an oversubscribed $3.05 million capital raise, while drilling at Picnic South confirms consistent near-surface gold mineralisation.

Sunshine Metals has reported outstanding near-surface gold and silver intercepts from its ongoing drilling at the Liontown deposit, signalling a potential upgrade to its resource and mining plans.