Latest Technical Studies News

Cooper Metals is pursuing an 85% interest in the Colet Copper Project in the Philippines, anchored by a large but unvalidated historical copper estimate. The acquisition would more than double the company’s share count and requires shareholder approval alongside a A$4.85 million capital raising.

Cavalier Resources has secured all primary approvals needed to advance Stage 1 mining at its Crawford Gold Project near Leonora. The regulatory milestone shifts attention to funding, site preparation and the finalisation of mining arrangements with SSH Mining.

Noxopharm says the FDA has supported its proposed Phase II design and chemical manufacturing strategy for SOF-SKN, its topical treatment candidate for cutaneous lupus erythematosus. The feedback improves regulatory clarity, but the trial remains targeted for the first half of calendar 2028 and is subject to further studies and regulatory requirements.

OD6 Metals has secured A$6.92 million from institutional and sophisticated investors to advance drilling, bulk sampling and resource definition at its Quinn Fluorspar Project in Nevada. The funding also sets up a proposed rebrand to Adaven, but brings dilution and a substantial package of shareholder approvals.

West Coast Silver has crossed from explorer to resource-stage company after defining 2.795 million ounces of contained silver at Elizabeth Hill. The project has generated strong drilling results and fresh funding, but the company remains loss-making and yet to establish an economic development case.

Adavale Resources is presenting its 610-square-kilometre Parkes Gold Project as a belt-scale opportunity with 383,300 ounces of reported gold resources and existing processing infrastructure. The next test is whether metallurgical work, a scoping study and funding can turn that inventory into a credible development plan.

Apollo Minerals ended 2026 with A$7.74 million in cash and no debt after raising A$9.3 million, but remains a loss-making explorer with no JORC Mineral Resources or production. The company is now concentrating its exploration story on the reinstated Couflens tungsten-gold project in France, while carrying a conceptual zinc-lead target in Gabon.

Venari Minerals has moved Red Mountain from grassroots discovery to a 3.03Mt lithium carbonate equivalent inferred resource, backed by 99.5% battery-grade lithium carbonate test work. The next test is commercial rather than geological, with drilling, permitting and a planned Scoping Study now competing against a large loss and ongoing funding needs.

Brazilian Rare Earths has identified a new high-grade rare earth system at Sulista South, with mineralisation traced across about 500 metres and grades reaching 13.3% TREO. Step-out and infill drilling at Sulista East has also extended the known footprint and strengthened the case for a larger year-end resource estimate.

Athena Resources has expanded its Byro Magnetite Project resource to 76.3 million tonnes and begun drilling at Narryer, the prospect earmarked for potential early development. The progress came with a $1.11 million FY2026 loss, a non-binding joint venture and fresh funding still supporting an exploration-stage business.

PhosCo has expanded its Gasaat phosphate project with a 166.6Mt resource and new processing results, but its auditor has flagged material uncertainty over the company’s ability to continue as a going concern. The ASX-listed explorer ended FY2026 with $5.86 million in cash, a $4.48 million consolidated loss and a $2.71 million working capital deficit.

Altamin has completed the core technical work for its Lazio geothermal brine Scoping Study, but auditors have flagged material uncertainty over the company’s ability to continue as a going concern. The ASX-listed developer ended FY2026 with A$2.39 million in cash after raising A$5.39 million during the year.