Latest Assay Results News

Lodestar Minerals’ first drill hole at the Three Saints IOCG Project in Chile has confirmed a large, multi-element mineralised system with copper, gold, cobalt, and molybdenum over 600 metres of vertical extent and a footprint wider than 1.6 kilometres.

Xingye Gold (Hong Kong) Mining Company Limited has opened an off-market takeover bid for Far East Gold Limited at $0.13 per share, offering a significant premium amid stalled projects and funding concerns.

Killi Resources has agreed to acquire an 80% interest in the Lodestone Iron Ore Project, boasting a 110Mt inferred resource with premium 69% Fe concentrate, backed by a $15 million capital raise.

MRG Metals has reported strong initial assay results from 32 auger holes at its Fotinho Rare Earth Project in Mozambique, confirming a significant alluvial heavy mineral presence that complements prior findings at the adjacent Adriano project.

Ballymore Resources has significantly extended its Torpy’s silver-lead-zinc-indium discovery in North Queensland, identifying four new mineralised shoots beyond the historic mine area through recent drilling. With assays pending and multiple targets open, the Ruddygore Project’s potential continues to grow.

Legacy Minerals has kicked off an 8-hole, 4,000m diamond drilling program at its Emu Copper-Gold Prospect, marking the first modern exploration of this historically significant target within the Mt Carrington Project in northern NSW.

Iltani Resources has reported robust assay results from the first seven holes of its 110-hole drill program at the Orient Silver-Indium Project, confirming broad, high-grade mineralisation that underpins Australia’s largest known silver-indium deposit.

Sierra Nevada Gold (ASX: SNX) has appointed Adam Oehlman as CEO to lead its next growth phase, focusing on advancing a three-rig drilling campaign in Saudi Arabia and trial mining in Nevada.

Barton Gold has completed a 3,677m drilling program at its Tolmer Silver discovery, confirming high-grade silver mineralisation with assays exceeding 2,000 gram-metres and producing a concentrate grading over 100,000 g/t Ag without complex processing.

Adavale Resources has agreed to sell its Marree Embayment uranium licences to Orpheus Uranium for $650,000 cash and 5 million shares, sharpening its focus on a 166,000-ounce gold resource in New South Wales.

Ore Resources’ Phase 4 diamond drilling at the Forrest prospect reveals significant strike and depth extensions, expanding the gold system to over 1km strike and 250m depth, with further growth potential identified by geophysical surveys.

Critical Resources Limited’s initial sampling at the Croesus Project in New Zealand has verified a high-grade gold-antimony system with assays up to 13.3 g/t gold and 6,990 ppm antimony, underpinning its exploration model and setting the stage for follow-up work.