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Showing posts from April, 2026

Burbanks Mill Leadership Hire Marks Strategic Milestone for Auric Mining

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  Auric Mining  continues to push forward with its Western Australian expansion strategy through the appointment of Scott Bailey  as processing lead for the Burbanks Mill project. The leadership addition is seen as a critical step as the company advances toward owning and operating its own gold processing infrastructure. The Burbanks gold plant, located near Coolgardie, offers Auric  an opportunity to gain full control over its processing pathway. With Bailey overseeing development, the company is better positioned to accelerate refurbishment timelines and optimise plant performance. Industry observers believe this move could materially improve Auric’s long-term  economics by lowering processing costs and opening potential third-party toll treatment revenue streams. The project also aligns with the company’s broader vision of maximising value from its regional gold assets. As development momentum builds, the Burbanks Mill may emerge as one of Auric’s  most ...

FAST-41 Approval Positions Resolution Minerals for Faster Growth at Antimony Ridge

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  Resolution Minerals  has strengthened its U.S. critical minerals ambitions after securing FAST-41 status for the Antimony Ridge Project in Idaho , a significant federal recognition that can streamline permitting and accelerate project advancement. The inclusion places the project among nationally important infrastructure and resource developments, reflecting the growing urgency around securing domestic supplies of antimony and tungsten. The Antimony Ridge asset is strategically important due to its near-surface high-grade mineralisation , which supports Resolution’s immediate plan for bulk sampling and a large-scale 250-hole drilling campaign . With federal agencies now aligned under a transparent timeline framework, the company may be able to reduce approval bottlenecks and move faster toward resource expansion and development activities. This progress comes at a time when the U.S. is prioritising local critical mineral production to reduce reliance on foreign supply chains...

Cannindah’s Deep Diamond Drilling Could Unlock Transformational Copper-Gold Upside

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  Cannindah Resources  has intensified exploration at Mt Cannindah  with a large-scale diamond drilling campaign targeting depths beyond 1,200 metres  at its Southern Porphyry zone. The program is designed to validate the presence of a large copper-gold porphyry system suggested by earlier drilling and surface data. The Southern Target spans nearly 2 kilometres in strike length , supported by strong chargeability anomalies and multi-element soil signatures. These characteristics are commonly associated with major porphyry systems, increasing investor interest in the ongoing drill program. The company’s CEO  has described the campaign as pivotal for long-term shareholder growth, with the possibility that deeper drilling could confirm a mineralised body  comparable in scale to leading Australian porphyry operations. If successful, the drilling results may significantly re-rate Cannindah’s  market valuation and strengthen its position as one of the ASX’s ...

Eloro Resources Eyes One of the World’s Largest Silver Discoveries

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  Eloro Resources Ltd  is rapidly emerging as a key player in the global silver market, driven by its massive Iska Iska project in southern Bolivia. The company’s ongoing exploration is revealing what could become one of the most significant silver discoveries in recent decades. At the heart of this excitement is the Iska Iska Project, a large-scale silver-tin polymetallic system located in Bolivia’s prolific mining region . Extensive drilling—over 109,000 metres across more than 160 holes—has confirmed a vast mineralised footprint, highlighting the project’s potential to rank among the world’s largest silver deposits. What makes Iska  Iska particularly compelling is its geological structure. The deposit spans several kilometres and remains open in multiple directions, indicating strong potential for further resource expansion. The system is believed to be part of a collapse caldera complex, a formation often associated with large, high-value mineral deposits. Eloro ...

Burbanks Mill Leadership Hire Marks Strategic Milestone for Auric Mining

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Auric Mining  continues to push forward with its Western Australian expansion strategy through the appointment of Scott Bailey  as processing lead for the Burbanks Mill project. The leadership addition is seen as a critical step as the company advances toward owning and operating its own gold processing infrastructure. The Burbanks gold plant, located near Coolgardie, offers Auric  an opportunity to gain full control over its processing pathway. With Bailey overseeing development, the company is better positioned to accelerate refurbishment timelines and optimise plant performance. Industry observers believe this move could materially improve Auric’s long-term  economics by lowering processing costs and opening potential third-party toll treatment revenue streams. The project also aligns with the company’s broader vision of maximising value from its regional gold assets. As development momentum builds, the Burbanks Mill may emerge as one of Auric’s  most importa...

Resolution Minerals Secures FAST-41 Status to Accelerate Antimony Ridge Development

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Resolution Minerals  has achieved a major regulatory milestone after its Antimony Ridge Project in Idaho  was granted inclusion in the U.S. Federal FAST-41 Permitting Transparency Program , a move expected to significantly speed up development timelines. The designation strengthens the project’s strategic role within America’s growing push for domestic critical minerals supply, especially antimony and tungsten used in defence, energy, and industrial sectors. The FAST-41 status provides enhanced inter-agency coordination, transparent approval milestones, and dedicated federal oversight, giving Resolution a clearer pathway to begin bulk sampling of near-surface  high-grade antimony mineralisation  and advance a planned 250-hole drilling campaign . This improved permitting visibility could materially reduce project execution risks while boosting investor confidence. Antimony Ridge is a cornerstone of Resolution’s broader Horse Heaven critical minerals strategy , which a...

Eloro Resources Eyes One of the World’s Largest Silver Discoveries

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  Eloro Resources Ltd  is rapidly emerging as a key player in the global silver market, driven by its massive Iska Iska project in southern Bolivia. The company’s ongoing exploration is revealing what could become one of the most significant silver discoveries in recent decades. At the heart of this excitement is the Iska Iska Project, a large-scale silver-tin polymetallic system located in Bolivia’s prolific mining region . Extensive drilling—over 109,000 metres across more than 160 holes—has confirmed a vast mineralised footprint, highlighting the project’s potential to rank among the world’s largest silver deposits. What makes Iska  Iska particularly compelling is its geological structure. The deposit spans several kilometres and remains open in multiple directions, indicating strong potential for further resource expansion. The system is believed to be part of a collapse caldera complex, a formation often associated with large, high-value mineral deposits. Eloro ...

St George Mining Expands Araxá Rare Earths Resource to Strengthen Critical Minerals Position

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  St George Mining  has delivered a major milestone at its Araxá Rare Earths and Niobium Project in Brazil , reporting a substantial 75% increase in the mineral resource estimate to 70.91 million tonnes at 4.06% TREO , alongside a total niobium inventory of 95.47 million tonnes . The upgrade reinforces Araxá’s growing status as one of South America’s most significant hard-rock critical minerals projects. The updated estimate significantly lifted the project’s measured and indicated resources, providing a much stronger foundation for future economic studies and potential development planning. With mineralisation beginning from surface and strong open-pit mining potential, Araxá is increasingly viewed as a strategically important asset in the global race to diversify rare earth supply chains beyond China. Located in Brazil’s well-established Minas Gerais mining region , the project benefits from existing infrastructure, access to skilled labour, and proximity to world-leading ni...

Auric Mining Appoints Scott Bailey to Accelerate Burbanks Mill Development

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  Auric Mining  has taken a major step in its growth journey by appointing experienced processing specialist Scott Bailey  as the lead for its Burbanks Processing Facility  development in Western Australia. The move highlights the company’s strong focus on becoming a fully integrated gold producer with greater control over its operations. Bailey brings decades of gold processing experience, particularly across Western Australia’s mining  sector. His expertise is expected to play a key role in fast-tracking the construction and operational readiness of the Burbanks Mill, a strategically important asset for Auric’s  long-term production plans. The Burbanks facility is central to Auric’s  strategy of reducing reliance on third-party toll milling and improving margins through in-house processing. Once operational,  the mill could significantly strengthen cash flow visibility and support sustained gold output growth from nearby projects. With gold pric...

Cannindah Launches Major Diamond Drilling Program at Southern Porphyry Target

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  Cannindah Resources  has officially commenced a 10,000-metre Phase 1 diamond drilling campaign  at its highly prospective Southern Porphyry Target   within the Mt Cannindah  Project in Queensland. The drilling program is focused on testing the scale and depth potential of what could become a significant copper-gold porphyry system. The first hole is extending a previously successful RC drill hole that intersected strong copper-equivalent  mineralisation. Management believes the earlier drilling may have only touched the upper portions of a much larger mineralised body, making the current campaign a potentially transformational  event for the company. The target area already shows strong geophysical and geochemical signatures , including copper, gold, and molybdenum anomalies, supporting the potential for a world-class discovery. With approximately $17 million in cash reserves , Cannindah  remains well funded to aggressively pursue exploration wh...

Cannindah Resources Accelerates Diamond Drilling at Mt Cannindah Copper-Gold Target

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  The company has committed to a minimum 10,000-metre drilling programme , initially focusing on the eastern 700 metres of the broader 2,000-metre-long Southern Target . Each hole is designed to reach depths beyond 1,200 metres , giving Cannindah the ability to properly test the deeper core of the porphyry system where higher-grade zones often develop. Geological indicators such as increasing copper-gold grades with depth, intrusive dykes, and strong gold association continue to support the exploration thesis. What makes this campaign especially exciting is the scale potential. The Southern Target remains open to the west and south , while soil anomalies, IP chargeability zones, and skarn alteration all point toward a much larger mineralised footprint. Management has compared the target’s geological signature with major Australian porphyry systems, raising hopes that Mt Cannindah could evolve into a long-life copper-gold asset. Alongside the porphyry drilling, Cannindah is also con...

St George Mining Hits Record 178.7m Rare Earth Intercept at Araxá, Strengthening Global Critical Minerals Position

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  St George Mining  has delivered its strongest drilling result yet  from the Araxá Rare Earths and Niobium Project in Brazil, highlighting the project’s rising strategic importance in the global critical minerals supply chain. The latest diamond drilling results confirm 178.7 metres at 4.34% TREO and 0.75% Nb₂O₅  from surface , making it the thickest and one of the highest-grade intercepts recorded at the project so far. This standout result came from drill hole AXDD086 , which also included multiple rich sub-zones such as 55.7m at 6.16% TREO  and 3.15m at 12.27% TREO , reinforcing the scale and grade consistency of the mineralisation. Several nearby holes also returned strong rare earth and niobium values, proving that the system remains open and continues to expand across strike and depth. A major advantage for St George is that the mineralisation begins directly from surface , which significantly improves the commercial appeal of the project. Near-surface or...