Latest Assay Results News

Prospect Resources has delivered further gold assay results from its Nyungu Central deposit, reinforcing the potential for valuable by-product credits at the Mumbezhi Copper Project and setting the stage for an aggressive Phase 3 drilling campaign.

FMR Resources wraps up Phase I drilling at its Chilean Llahuin Project, revealing extensive mineralised porphyry zones, while initial assays from Canada’s Goshen Prospect affirm a copper system. The company holds $3.1 million in cash and plans Phase II drilling.

Middle Island Resources has completed its Phase 2 drilling at the Bobija polymetallic project in Serbia, reinforcing continuity of gold-silver-base metal mineralisation. Extensive soil sampling across Tisovik, Priboj, and Ober projects has identified multiple promising targets, with RC drilling planned pending land access approvals.

West Coast Silver has confirmed a substantial high-grade silver resource at Elizabeth Hill, supported by exceptional drill results and a maiden Mineral Resource Estimate, setting the stage for accelerated development.

Xpedra Resources has reported promising initial drilling results at its Springfield Gold Deposit and secured a high-grade historical goldfield at Neeld, backed by a $3.2 million placement and new leadership.

Antares Metals is poised to drill its Conglomerate Creek prospect in Queensland, targeting seven geophysical anomalies linked to a buried intrusion with a 1,000m RC program starting late May 2026.

Enegex Limited has defined a large, shallow gold system at its Kalama Bave prospect in Côte d’Ivoire, with high-grade intercepts from aircore drilling and a new gold zone identified nearby. A $10.2 million capital raise supports ongoing exploration including a planned 3,000m RC program at Gogo.

Cosmo Metals has kicked off a targeted RC drilling campaign at its Kanowna Gold Project in WA, aiming to unlock significant gold deposits along the Kanowna Shear Zone with government co-funding support.

St Barbara Limited has closed a A$389 million investment deal with Lingbao Gold Group, greenlighting a US$333 million expansion of the New Simberi Gold Project and securing key environmental approvals for its Nova Scotia operations.

Bellevue Gold Limited surged to record underlying free cash flow of A$158 million in the March 2026 quarter, driven by a 28% jump in ore grades and increased production. The company also advanced exploration with a new high-grade discovery and progressed its $35-40 million paste plant project while maintaining a strong sustainability profile.

Cannindah Resources has broadened its drilling campaign at the Cannindah Breccia deposit following promising signs of resource expansion, including newly identified mineralised zones extending over 550m beyond the current resource boundary.

Belararox has ramped up drilling at its TMT Project in Argentina, unveiling a significant high-grade silver zone at Toro Central and expanding its landholding with the El Faro acquisition. Meanwhile, exploration in Botswana gears up with a major airborne electromagnetic survey, and the company contemplates divesting its Australian Belara Project to sharpen focus on core assets.