Latest Resource Confidence News

GTI Energy’s updated scoping study for its Lo Herma Uranium Project in Wyoming highlights a promising low-cost in-situ recovery operation with robust economics and a 7-year mine life. The study outlines a central processing plant scenario delivering strong returns amid a supportive regulatory and infrastructure environment.

Sunshine Metals has reported exceptional high-grade gold intersections from shallow drilling at its Liontown prospect, reinforcing its strategy to target near-surface oxide gold resources. The company plans to fast-track resource upgrades and mining studies following metallurgical testing.

Horizon Gold reports significant shallow and high-grade gold intercepts from recent drilling at its Gum Creek Project, setting the stage for resource upgrades and a pivotal feasibility study.

Maronan Metals has significantly expanded its resource confidence at the Maronan Project, reporting a 2.5-fold increase in the Indicated Silver-Lead resource and introducing a maiden Indicated Copper-Gold resource. This update underscores the project’s growing potential as it advances towards development.

Chilwa Minerals Limited has reported strong assay results from its Mpyupyu Dune deposit in Malawi, reinforcing the potential for a significant upgrade to its mineral resource estimates. Improved assay turnaround times are accelerating progress across multiple deposits.

Ballard Mining Limited is launching an IPO to raise up to $30 million, aiming to accelerate exploration and development of its Mt Ida Gold Project in Western Australia, which hosts over 1.1 million ounces of gold.

European Lithium has announced a significant addendum to its Tanbreez Project Mineral Resource Estimate, adding 180 million tonnes of feldspar and arfvedsonite to the existing rare earth elements resource base. This broadens the project's economic scope and underlines its potential as a world-class rare earth development.

Aurumin Limited has reported impressive high-grade gold assay results from its recent drilling at the Gwendolyn deposit, setting the stage for a resource upgrade and advancing development plans at the Johnson Range Gold Project.

Orbminco Limited has entered a binding agreement to acquire the Majestic North Gold Project in Western Australia, boasting a JORC-compliant resource of nearly 40,000 ounces of gold. The company is raising A$0.88 million to support due diligence and exploration activities.

Golden Horse Minerals reports outstanding initial metallurgical test results from its Hopes Hill gold project, with average gold recoveries nearing 97%, signaling strong processing potential.

Chilwa Minerals has reported impressive high-grade heavy mineral sand assay results from its Mpyupyu Dune deposit in Malawi, confirming thicker and richer mineralisation than previously estimated. These findings pave the way for an upcoming scoping study and resource upgrades.

Brightstar Resources has reported impressive high-grade gold intercepts from its recent drilling at the Yunndaga deposit, reinforcing underground mining prospects and setting the stage for further resource growth.