Latest Technical Studies News

Parabellum Resources has reported an initial 4.8 million tonne nickel-cobalt resource at its Redlands Project in New South Wales. The exploration-stage milestone comes with recommendations for more drilling and technical work, while the company held $689,000 in cash at quarter-end.

Evergold Minerals has completed a busy exploration quarter at Mt Monger, where drilling confirmed broad and high-grade gold mineralisation and identified the new Vanguard zone. The progress comes with a lower cash balance of $2.765 million and an estimated 2.28 quarters of funding at the latest spending rate.

Strike Resources swung to an $8.58 million FY2026 profit, largely through its stake in LE Minerals rather than iron ore operations. The company is also relying on a conditional Apurimac sale for cash while withdrawing its previously reported mineral resource estimate.

Wiluna Mining is asking investors to fund an $180 million relisting and mine-restart plan after a processing-tank rupture halted its revenue-generating operations. The company delivered a $59.5 million FY26 profit, but its prospectus warns that near-term gold sales are not expected and the restart remains unproven.

Beetaloo Energy is approaching a pivotal Q4 milestone, with its Carpentaria Gas Plant moving into final instrumentation and electrical works after Carpentaria-5H sustained an average 6.9 TJ/day flow. The company also ended September with $113.2 million in liquidity and unveiled a longer-term gas-to-power and data centre opportunity near Darwin.

Aeris Resources finished FY26 with $178.5 million in net profit, $290.2 million of EBITDA and no material debt, while Tritton’s copper reserves expanded sharply. The challenge now shifts from rebuilding the balance sheet to converting a larger resource base into sustained production.

Elevate Uranium has reported strong early performance from its Namibia pilot plant while expanding its uranium resource base to 172.8 million pounds attributable to the company. The next test is whether the final flotation stage and technical studies can convert processing gains into a credible development case.

Alara Resources’ independently audited reserve statement supports about eight more years of production at its Oman copper mine, with 7.70 million tonnes classified as Probable Ore Reserves. The update also reveals the limits of the mine plan: the licence expires before the scheduled mine life ends, while several technical studies remain unfinished.

Azzuro Resources will raise A$3.06 million from Kerry Resources Logistics at a premium to market, giving the Mongolian explorer funding for resource definition and technical studies. The deal would make Kerry a 19.9% shareholder, although completion is still expected on 19 October.

Wia Gold has extended several underground targets at Kokoseb after 18,476 metres of diamond drilling returned broad and high-grade gold intercepts. The results strengthen the geological case for growth beyond the project’s maiden 0.56 million ounce underground inferred resource, although the larger exploration target remains conceptual.

Cobre has outlined a three-stage plan to lift Sierra Atacama’s copper cathode capacity from its existing configuration to 18,000 tonnes per annum, then 25,000 tonnes, with a larger 50,000-tonne case under consideration. The targets depend on refurbishment, permitting, further drilling and resource modelling.

Venari Minerals has exercised its option to acquire a Nevada property and private water entitlement near its Red Mountain Lithium Project for total consideration of US$400,000. The deal addresses a stated development constraint, although completion and the project’s broader economics remain ahead.