Latest Ore Reserve News

New Murchison Gold Limited has officially commenced production at its Crown Prince Gold Mine ahead of schedule, marking its transition from explorer to gold producer. The company aims to ramp up to a 40,000 tonne monthly ore run rate by October 2025.

Astral Resources has reported robust gold intercepts from its recent drilling at the Spargoville Gold Project, highlighting potential to expand existing resources beneath the 8500N palaeochannel deposit. Concurrent exploration at Mandilla and lithium targets at KOMIR JV further underpin the company’s multi-asset growth strategy.

Resolute Mining has announced a significant 28% increase in the gold resource at its Doropo project in Côte d’Ivoire, boosting the total to 4.4 million ounces and setting the stage for an extended mine life beyond the initial plan.

Ardea Resources updates on the Kalgoorlie Nickel Project’s Goongarrie Hub, announcing a delay in the Definitive Feasibility Study completion to early 2026 while highlighting ongoing technical advances and strong JV collaboration.

Cavalier Resources has raised $2.14 million through a discounted placement to fast-track drilling at its Crawford Gold Project, while continuing negotiations for a $11 million pre-payment deal.

VRX Silica Limited has obtained crucial works approval for its Arrowsmith North Silica Sand Project, paving the way for construction and operation ahead of targeted production in late 2026.

Lotus Resources has completed a A$65 million placement to bolster its uranium projects in Malawi and Botswana, positioning itself for steady production and future expansion.

Austral Resources Australia Ltd has launched a $40 million placement at 5 cents per share to fund the acquisition and recommissioning of the Rocklands copper project in Queensland. The offer includes share and option issues tied to debt conversions and is conditional on shareholder approval and ASX reinstatement.

Brightstar Resources has reported significant high-grade gold intercepts and visible gold in diamond drilling at its Yunndaga deposit, reinforcing the potential of the Menzies Gold Project ahead of a resource upgrade and maiden underground reserve declaration.

Astral Resources reports strong assay results from in-fill drilling at the Iris Deposit within its Mandilla Gold Project, revealing high-grade gold intercepts that support an upcoming resource upgrade and ongoing feasibility studies.

New Murchison Gold Limited reports a series of high-grade gold intersections from regional drilling across multiple prospects in Western Australia's Abbotts Greenstone Belt, signaling promising growth beyond its flagship Crown Prince Gold Mine.

Ioneer Ltd announces a significant upgrade to the economics of its Rhyolite Ridge Lithium-Boron Project in Nevada, driven by a process optimization that increases annual ore throughput by 25% without extra capital costs.