Latest Australian Mining Sector News

Manuka Resources is set to kick off a significant gold exploration drilling campaign in the Cobar Basin this December, targeting deep extensions at Mt Boppy and shallow deposits at Pipeline Ridge. The results, expected early next year, could reshape the company’s production outlook.

Verity Resources has completed seven diamond drill holes at its Monument Gold Project, intersecting key mineralised formations beyond the current resource boundary and advancing its Phase 2 drilling program aimed at expanding gold resources.

Patronus Resources has confirmed significant high-grade gold mineralisation extensions at its Mertondale Project in Western Australia, highlighting strong growth potential along the Mertondale Shear Zone.

Black Cat Syndicate’s ongoing underground drilling at Paulsens continues to reveal high-grade gold zones beyond current resources, supporting their More Gold, Sooner strategy. With 36 assay results pending and development advancing, the mine’s growth potential is increasingly evident.

Bellavista Resources has appointed former De Grey Mining executives Glenn Jardine and Peter Canterbury as Managing Director and Finance Director, aiming to leverage their proven track records to accelerate exploration and development.

Alkane Resources has announced significant new gold mineralisation discoveries at its Tomingley Gold Operations in NSW, revealing promising expansions at the McLeans and Roswell underground deposits.

GoldArc Resources has kicked off a significant 3,000m drilling campaign at its Leonora South Gold Project, aiming to expand high-grade gold zones and unlock new discoveries across multiple prospects.

APC Minerals reported encouraging gold intersections from its Laverton Downs drilling program while navigating a tight cash position and ongoing asset acquisition efforts.

Redstone Resources reports promising copper and cobalt assay results from deep drilling at its West Musgrave project, supported by multiple government grants and a recent $650,000 capital raise to advance exploration.

Paterson Resources has completed a $1.7 million capital raise, positioning itself to launch an 8,500-meter drilling campaign at its Grace Gold-Copper Project in Western Australia’s Paterson Province. This program aims to upgrade the project’s resource classification and support a mining lease application.

Sabre Resources reports significant exploration advances with anomalous rare earth, uranium, and critical metals results across multiple Northern Territory projects, underpinning plans for imminent drill testing.

Cadoux Limited has made significant progress in its High Purity Alumina (HPA) front-end engineering design and advanced the Minhub rare earths feasibility study, positioning itself strongly in the evolving critical minerals market.