29Metals' 2025 Group Ore Reserves, Mineral Resources Increases Year-Over-Year

MT Newswires Live

Feb 26

29Metals (ASX:29M) reported group ore reserves of 37.2 million tonnes as of Dec. 31, 2025, up 1.5 million tonnes year-over-year, according to a Thursday Australian bourse filing.

The company reported group mineral resources of 131.3 million tonnes, compared to 122.4 million tonnes as at Dec. 31, 2024, the filing said.

Contained metal in the group ore reserves came in at 625,000 tonnes of copper, 723,000 tonnes of zinc, 363 thousand ounces of gold, 20.5 million ounces of silver, and 35,000 tonnes of lead.

Meanwhile, contained metal in the group mineral resources was estimated at 2.3 million tonnes of copper, 2.2 million tonnes of zinc, 1.2 million ounces of gold, 72.9 million ounces of silver, 128,000 tonnes of lead, and 25,000 tonnes of cobalt.

The company plans to increase the exploration spend in 2026 in the range of AU$15 million to AU$20 million, up from AU$11 million in 2025, the filing added.

Shares of the company fell 1% in recent Thursday trade.

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