Latest Antimony And Gold News

Krakatoa Resources advanced drilling at its flagship Zopkhito antimony-gold project in Georgia, but the exploration push more than doubled its annual loss and reduced cash to $739,459. The company subsequently raised $4 million, highlighting the funding needed to keep moving towards a maiden JORC-compliant resource.

Krakatoa Resources has reported a second batch of strong antimony and gold assays from drilling at its Zopkhito project in Georgia, led by a 5.61-metre interval grading 3.31g/t gold and 4.28% antimony. The results add support to mineralisation continuity, but the project remains at the exploration stage ahead of drilling, metallurgical work and a planned JORC resource estimate.

QEM Limited (ASX:QEM) has suspended non-essential work at its Julia Creek vanadium project after metallurgical results undermined the 2024 Scoping Study. The loss-making explorer is now relying on newly acquired Idaho projects, fresh capital and further exploration to justify its next chapter.

Larvotto Resources has produced its first gold and antimony concentrate at the Hillgrove Mine in New South Wales, moving the project from plant commissioning towards a production ramp-up. The milestone comes with binding offtake agreements already in place with Wogen Resources and Glencore International AG.

Resolution Minerals has finished its largest-ever exploration program at the Horse Heaven project in Idaho, drilling 42 diamond holes across 12,236 metres. The work sets up a substantial run of gold, tungsten and multi-element assay results, but the completed program has not yet produced new assay data in this announcement.

Taruga Minerals has unveiled exceptional gold and silver assays from rock chip sampling at its East Normanby Gold Project, confirming extensive high-grade epithermal mineralisation across an 8km corridor. The company is set to kick off its maiden diamond drilling program at the Weioko Gold Deposit, with multiple new targets identified for follow-up.

Nova Minerals has kicked off geotechnical drilling for the West Susitna Access Road after AIDEA approved up to US$25 million in additional funding, aiming to unlock critical mineral development and improve logistics for its Estelle Project and antimony refinery.

QEM Limited’s review of the Big It Tungsten Project in Idaho reveals significant untapped high-grade tungsten, antimony, and gold mineralisation with extensive underground workings, setting the stage for a modern exploration campaign amid strategic supply concerns.

Cosmo Metals has initiated a systematic soil sampling campaign at its Plunkett & Cassidy antimony prospect within the extensive Antimony Gully Trend at Bingara, NSW, following rock chip assays up to 10.3% antimony. The program aims to delineate mineralised strike extensions and prioritise drill targets in a region hosting Larvotto Resources’ Hillgrove deposit.

Novo Resources Corp bolsters its Australian gold and copper exploration pipeline with a maiden inferred resource at Belltopper and strategic gains at Egina following Northern Star’s JV exit.

Infinity Mining has reported standout exploration results with rock chips grading up to 48.7% antimony and 1.35g/t gold at its Victorian Tanjil Dome project, alongside high-grade copper and silver assays at its Hillside project in the Pilbara.

Infinity Mining's exploration at Tanjil Dome in Victoria has revealed high-grade antimony up to 48.7% and associated gold up to 1.35 g/t, supported by a coherent soil anomaly extending over 500 metres. The findings outline a structurally controlled gold-antimony hydrothermal system with significant follow-up work planned.