Latest Ore Reserve News

Element 25 has raised $10 million through a share placement to accelerate the expansion of its Butcherbird Manganese Project in Western Australia and support its planned battery materials facility in Louisiana, USA.

Ora Banda Mining Limited reports a 24% increase in Ore Reserves and a Mineral Resource growth to 2.11 million ounces at its Davyhurst Gold Project, setting the stage for an ambitious $73 million exploration program in FY26.

Flagship Minerals’ review of Anglo American’s drill data at the Pantanillo Gold Project in Chile reveals robust down dip gold mineralisation and many drill holes ending in mineralisation, supporting a fast-tracked JORC resource upgrade and significant growth potential.

Brightstar Resources has reported exceptional high-grade gold intercepts from recent drilling at its Lord Byron deposit, significantly exceeding expectations and prompting plans for further exploration.

QMines Limited reports a significant increase in optimised open pit material at its Develin Creek project, confirming 930,000 tonnes at 1.73% copper equivalent from the Scorpion-Window deposit. Combined with Mt Chalmers and Mt Mackenzie, total optimised material rises to 13.6 million tonnes, advancing the company’s central Queensland copper-gold strategy.

Core Lithium has significantly increased its Ore Reserve Estimate at the Finniss Lithium Project, with the Carlton deposit upgrade driving a 42% rise in total reserves. This milestone strengthens the project's restart schedule and expansion potential.

Catalyst Metals Limited has doubled its gold reserves to 1.5 million ounces as of June 2025, setting the stage to ramp up production to 200,000 ounces per year over the next decade.

Catalyst Metals has doubled its gold Reserves at the Plutonic Belt to 1.5 million ounces, underpinning a bold plan to double annual production to 200,000 ounces over the next decade.

Catalyst Metals Limited will enter the S&P/ASX 200 Index on 16 September 2025, marking a significant milestone as it replaces Brickworks Limited. The move highlights Catalyst’s growing gold resource base and production plans in Western Australia.

Astral Resources reports strong initial assay results from its Theia Deposit in-fill drilling, confirming broad gold mineralisation and exceptional high-grade zones that align closely with existing resource models.

Black Cat Syndicate has integrated strong grade-control drilling results from its Fingals deposit into mine plans, with mining set to begin late September 2025. Concurrently, the Lakewood processing plant is undergoing key upgrades to support ongoing production.

Sunrise Energy Metals has nearly doubled the scandium content at its Syerston Project, confirming it as the world’s largest and highest-grade scandium deposit. This comes as global supply tightens due to new Chinese export restrictions.