Mining & Resources
Latest news, analysis, and insights from ASX mining & resources companies

Lefroy Exploration Enhances High-Grade Gold Growth Case for Mt Martin Deposit
Lefroy Exploration extends Mt Martin's high-grade gold project beyond 460,000oz MRE with 8m at 3.93g/t and 6m at 5.48g/t; scoping study due Sept quarter.
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Utah Backs Anson Resources’ Green River Lithium Development with Proposed US$357.7m Incentive
Anson Resources climbs on Utah's US$357.7m incentives for Anson's Green River lithium project; boosts after-tax cash flow and IRR, with final terms due Sept.

True North Copper Maps Low-Capital Wynberg Gold-Copper Development Pathways
True North Copper unveils three low-capital Wynberg pathways, with up to $87m pre-tax cash flow and $23m-$38m funding (ASX:TNC).

Forrestania Resources Lifts MRE at Historical British Hill Gold Deposit by 131%
Forrestania Resources lifts British Hill MRE 131% to 2.62 Mt at 1.50 g/t for ~126 koz; drilling continues with three rigs.

Alma Metals Reports Consistent Copper Mineralisation in First Three Infill Holes at Briggs
Alma Metals infill holes at Briggs yield copper 0.15-0.25% across three holes, aligning with a resource upgrade to Indicated for the pre-feasibility study.

Mont Royal Resources Moves to De-Risk Canada’s Premier Rare Earth Asset
Mont Royal Resources updates PEA for Ashram in Quebec, posting CAD$2.03B post-tax NPV, 30-year mine life and 22% IRR as de-risking begins.

Greenvale Energy Defines Three Prospects with Mapping and Sampling at Thunderball Uranium Project
Greenvale Energy hits three uranium prospects at Thunderball, confirming Powers North, Wildcard South and Spectre anomaly; drill targets expand.

Lake Resources Enters Public Consultation Phase for Kachi Lithium Brine Project
Lake Resources enters final public consultation for Kachi lithium project, a key milestone toward the environmental impact declaration and 2027 production.

Austral Resources Australia Submits Binding Hammer Metals Bid after Superior Proposal Finding
Austral Resources submits binding $80.7m proposal to acquire Hammer Metals via a scheme, offering 1.2903 AR1 per HMX and ~31.1% of the merged group.

Resolution Minerals Rapidly Progressing its US Antimony and Critical Minerals Strategy
Resolution Minerals advances US antimony strategy: Phase 2 drilling at Golden Gate, FAST-41 coverage, and a $20m raise backing Horse Heaven.

Critical Minerals Group Reaches Pre-Feasibility Milestone at Lindfield Vanadium Project
Critical Minerals Group hits PFS milestone for Lindfield vanadium project; pre-tax NPV $821m, IRR 26.6% with 3Mtpa mine and vanadium electrolyte plant; FID eyed 2027, first revenue 2028.

Redstone Resources Ready to Advance New Diversified WA Portfolio
Redstone Resources acquires a WA greenfields portfolio with gold, lithium and copper exposure, targeting Mt Cauden and Twin Hills; West Musgrave RC underway.