Latest Resource Scoping Studies News

PolarX Limited has obtained a US$2 million unsecured loan from its largest shareholder Northern Star Resources to accelerate exploration at its Alaska Range Copper-Gold Project. The funding will support an extensive 2025 drilling and geophysics program targeting resource expansion at the Caribou Dome site.

Australian Silica Quartz Group's flagship Quartz Hill MGSi Project faces a setback after Quinbrook Infrastructure Partners terminates their development and offtake agreement. ASQ pivots to explore other high-grade quartz targets in Queensland.

Western Gold Resources has signed a binding toll milling agreement with Wiluna Mining Corporation, fast-tracking the Gold Duke Project towards near-term production amid record gold prices.

GTI Energy has withdrawn its previous production targets and financial forecasts for the Lo Herma uranium project, citing insufficient confidence in inferred mineral resources. The company plans further drilling to bolster resource reliability and expand the deposit.

Estrella Resources has entered a landmark Master Agreement with Indonesian firm PT Raka Energi Mandiri, granting exclusive rights to market and purchase limestone from Timor-Leste, targeting sales of up to 500 million tonnes over five years.

Black Dragon Gold Corp. reported a Q1 2025 net loss of CAD 377,262 while advancing its Salave Gold Project in Spain, navigating permitting challenges and legal disputes over land re-zoning. The company also progressed exploration and asset sales in Australia, maintaining a cautious outlook on financing.

CuFe Ltd has announced a substantial upgrade to its Orlando deposit within the Tennant Creek JV, with contained copper and gold soaring by 120% and 89% respectively, while progressing a key scoping study and appointing a seasoned geologist to its board.

Mount Burgess Mining NL reports promising interim hydrometallurgical test results from its Nxuu Deposit, with zinc recovery exceeding 96% and strong extraction of vanadium, germanium, and gallium. These findings set the stage for a scoping study later this year.

Brazilian Rare Earths Limited (ASX:BRE) reported exceptional exploration results in the March 2025 quarter, including record high-grade rare earth assays at Monte Alto and Pelé projects, alongside a strategic royalty agreement with Rio Tinto for its Amargosa Bauxite-Gallium Project.

Superior Resources Limited reports significant progress in its Steam Engine Gold Project and Bottletree Cu-Au-Mo Porphyry Prospect, while addressing assay errors that have delayed some results.

Kairos Minerals has unveiled a robust scoping study for its Mt York Gold Project, projecting strong financial returns and gearing up for a major drilling campaign to expand its 1.4 million ounce resource.

Kingsland Minerals has reported robust infill drilling outcomes at its Leliyn Graphite Project, setting the stage for an upgrade to Indicated Mineral Resources and a forthcoming Scoping Study. The recent strategic investment by Quinbrook Infrastructure Partners bolsters the project's development trajectory, particularly for downstream processing.