Explorer · Junior / Minor · Australia · Europe
Last updated 21 June 2026
Data compiled from public filings — information only, not investment advice. AI‑assisted; see methodology.
Exploration · 6 projects
Andover South
Asset · Exploration
Project information
Description
Lithium exploration project in the Pilbara region of Western Australia (tenements E47/4061 and E47/4062), within the Andover Complex and adjacent to the Andover lithium discovery made with Azure Minerals. During the year the company completed a maiden drilling program over the lithium-bearing pegmatite targets, including Target Area 7, with a State Deed secured for E47/4062 and an initial 5,000 m program with an election to expand to 10,000 m. The pegmatites are interpreted to be hosted within the same north-east structural trend as defined regional lithium mineralisation. No mineral resource is defined.
Mining metrics
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Arrow
Asset · Exploration
Project information
Description
Gold exploration project (the Arrow Gold Project, tenement E47/3476) in the Pilbara region of Western Australia, prospective for Hemi-style gold mineralisation. Joint-venture partner Mallina Co Pty Ltd committed to a minimum exploration expenditure of $600,000 including at least 3,000 m of air-core drilling and commenced an AC drilling campaign to test gold targets. The company considers the project to have potential to host significant gold mineralisation. No mineral resource is defined.
Mining metrics
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
BG1
Asset · Exploration
Project information
Description
Copper-gold exploration project in northwestern Bulgaria, located approximately 60 km northeast of Sofia within the world-class Panagurishte copper-gold mining district. No field exploration activities were undertaken during the period, though preparatory work was advanced. No mineral resource is defined.
Mining metrics
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Mt Sholl
Asset · Exploration
Project information
Description
Copper-nickel-cobalt-PGE exploration project in the Pilbara region of Western Australia. Under a memorandum of understanding, First Quantum Minerals is sole-funding all base-metal-related activities on the project and completed a 2,466 m reverse-circulation drilling program during the year. A heritage survey was completed with the Ngarluma Aboriginal Corporation over the priority copper-nickel-PGE targets. No mineral resource is defined.
Mining metrics
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Zlatusha
Asset · Exploration
Project information
Description
Copper-gold exploration project in the mineral-endowed Cretaceous Western Tethyan orogenic belt of Bulgaria. The Zlatusha licence is held 100% by Raiden through its wholly-owned subsidiary Zelenrok EOOD. No field exploration activities were undertaken during the period and no mineral resource is defined.
Mining metrics
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Vuzel
Asset · Exploration · Ownership 51%
Project information
Description
Gold exploration project in Bulgaria, within the Western Tethyan metallogenic belt. The company commenced Phase 2 diamond drilling during the period, supporting an interpretation that Vuzel hosts a potentially extensive, near-surface gold system with a high-grade component. The company is increasing its ownership from 51% to 75% (pending administrative procedures) under an earn-in. No mineral resource is defined.
Mining metrics
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
Assumptions
- The projects listed here reflect the information captured in this workspace and are not necessarily a complete picture of the company's portfolio. For authoritative figures, refer to the company's official filings.
Premium access required
This content is available on a paid plan.
Upgrade to Premium to unlock this content.
How to read this tab
- MetalPilot stores contained metal or product in the codes below; grade and tonnage use separate fields. In side-by-side comparison views (stock page Portfolio tab, watchlist By sector), heterogeneous source units are converted to each commodity's preferred display unit (for example Moz Au, kt Cu, MMbbl oil) before summing; the same canonical codes appear in project data.
What the Portfolio tab shows
- The Portfolio tab presents a project-level view of the company's reported assets, built from publicly disclosed information (technical reports, annual filings, MD&A, investor presentations, MRMR / R&R statements, NI 43-101 / NI 51-101 / SEC S-K 1300 / SEC S-K 1200 / JORC / SAMREC / PERC / PRMS / COGEH filings, and similar primary sources).
- Figures are grouped by project type (mining, oil & gas, royalty, stream, processing facility, development, portfolio aggregate) and are shown alongside the headline reserve base, headline production, headline grade / quality, cost benchmarks, estimated lifetime, commercial terms (for royalties / streams), operational capacity (for processing) and a single-figure rating where the underlying data supports one.
- Each data table on the Portfolio tab is followed by ONE Assumptions footnote describing the modelling choices for that table; KPI stat-card assumptions appear in the bottom block instead. All legal and section disclaimers are merged into a single disclaimer list at the bottom of the Portfolio tab.
Concepts in your sector — Diversified
- Diversified miners report under several codes (NI 43-101 + JORC + SEC, or mining + O&G). Portfolio presents each project under its native standard; this tab shows the full unit enum.
- Cross-standard comparability caveats apply — see the categories detail sections below.
Portfolio tab — table guide
- Portfolio KPIs — company-level headline numbers aggregated from the featured projects (project counts, attributable annual production by commodity, attributable resource base by commodity, last filing date, operator share). USD value lines multiply attributable volumes by the resolved snapshot price.
- Portfolio snapshot — one-screen summary of the portfolio: counts by type and status, country mix, reporting standards used, operator share, primary commodity, attributable annual production summary and attributable resource base summary.
- Mining — one row per mining project, with columns for project name, location, status, primary commodities, production (with rating), reserves & resources (with rating), grade (with rating), costs and estimated lifetime. Multi-commodity projects emit one summary row per commodity.
- Oil & Gas — one row per O&G project (typically a field, licence, play or basin asset), with columns for location, status, primary hydrocarbons, production (with rating), reserves & resources (with rating), costs and estimated lifetime.
- Royalty — one row per royalty interest held by the company. Columns cover the underlying project, operator, commodity, commercial terms (rate, type, cap, area-of-interest), attributable production, attributable reserves and estimated lifetime.
- Stream — one row per metal stream held by the company. Each row shows the underlying project, the streamed commodity, the headline stream percentage, the ongoing per-ounce / per-tonne payment, and attributable production / reserves.
- Processing facilities — one row per midstream / processing facility (pipeline, fractionator, LNG train, storage cavern, refinery, smelter, mill, heap-leach pad, CPP, etc.). Columns include nameplate capacity, contracted capacity, feedstock commodities and operational footprint.
- Development — projects in development status or in a pre-production lifecycle phase. The production column is re-labelled 'Targeted production (rating)' to highlight that the figures are plans, not actuals.
- Portfolio Aggregate — a single company-level row used when the company itself publishes a portfolio rollup (e.g. company-wide 2P barrels across all properties).
- Reserves & resources — detail — a leaf-category pivot showing every reserve and resource category disclosed across the projects.
- Reserves walk — gross (disclosed) — year-by-year reconciliation of the opening balance to the closing balance, broken into Extensions & discoveries, Revisions, Improved recovery, Purchases, Divestitures, Production and Conversion to developed.
- Reserves walk — net change by year — per-year summary of net additions and net deductions across the portfolio.
- NPV (grouped) — all NPV rows captured from the filings, grouped by commodity, resource category, development status and pricing case. Each NPV figure is shown with its discount rate, basis (before-tax / after-tax), currency and value scale.
Ownership / Working interest
- Ownership percentage means the company's working-interest share of the asset: its slice of the project before royalties and before government take. It is shown on a 0–100 scale.
- Mines, oil and gas fields, and processing facilities — this is how much of the asset belongs to the company under that working-interest idea. One hundred percent is fully owned; a lower number usually means partners share the rest.
- Royalties and streaming agreements — the percentage is often not the story; what matters economically is usually the royalty or stream rate, shown elsewhere alongside these figures.
- Oil and gas — read this as gross working interest only. Do not treat it as net production or net wells after royalties; when filings distinguish gross from net, that shows up in how the resource numbers themselves are labelled.
- Below 100% — the short summary for each project names other owners and their stakes when the source says who they are.
- NRI vs WI (O&G). Working interest (WI) is the obligation to pay a share of costs; net revenue interest (NRI) is the share of revenue after royalties and overriding-royalty interests. A 100% WI well rarely produces 100% NRI; typical onshore U.S. NRI is 75–87.5% of WI depending on the lease royalty.
- Operator vs non-operator. The operator runs day-to-day operations; non-operating partners pay their WI share of costs but do not run the asset. Some Portfolio rows show operator share where disclosed.
Unit codes, conversion cheat sheets, cost benchmarks (AISC, C1–C3), reporting standards (NI 43-101, JORC, SEC S-K 1300) and resource/reserve category definitions live in the full terminology & units reference.
Assumptions
- Presented values are denominated in currency of the country where the company is headquartered. Values like market capitalization might differ from the values visible in other parts of the page, where the currency is always USD.
Copyright © 2026, Metal Pilot
We use strictly necessary cookies for authentication and site functionality. Optional analytics (Google Analytics) load only after you accept; we do not use advertising, remarketing, or Google Signals. We honour Global Privacy Control (GPC) and other recognised opt-out signals by keeping analytics off for that browser.