Latest Mineral Deposits News

Highfield Resources has fully terminated its senior secured project finance facility, exiting its last lenders to focus on cash preservation and alternative funding for its Muga Potash Project in Spain.

New Frontier Minerals has appointed GeoDrill Australia to lead its inaugural drilling campaign at the Harts Range Project, targeting a suite of critical minerals vital to modern technologies and energy transition.

TechGen Metals has raised A$1.2 million through a strongly supported placement to accelerate exploration at its Blue Devil and Mt Boggola projects, setting the stage for drilling campaigns in late 2025.

Litchfield Minerals reports assays confirming up to 35% manganese with a hydrothermal signature at Lucy Creek 2, Northern Territory, signaling a potentially larger manganese system. Planned geophysical surveys and drilling in 2026 aim to unlock further resource potential.

Miramar Resources’ recent VTEM survey at Bangemall reveals multiple large electromagnetic conductors with promising Noril’sk-style nickel-copper-PGE potential, while a joint venture with Sumitomo Metal Mining moves closer to formalisation.

Havilah Resources has reported its highest-grade hard rock uranium discovery to date at the Johnson Dam prospect, revealing significant multi-metal mineralisation near its Kalkaroo deposit.

Superior Resources has expanded its Greenvale Project by over half, becoming the largest landholder in northeast Queensland’s promising mineral region. This strategic move positions the company at the forefront of multiple world-class mineral opportunities.

Cyprium Metals has completed the first tranche of a significant capital raise, securing approximately A$74 million to advance its copper development projects in Western Australia. The second tranche awaits shareholder approval, underscoring investor confidence in the company’s growth strategy.

Middle Island Resources Limited (ASX, MDI) is set to acquire Konstantin Resources Ltd, unlocking a 620 km² copper-gold exploration portfolio in Serbia’s prolific Western Tethyan Belt, supported by a $3.4 million placement to accelerate exploration.

S2 Resources has commenced RC drilling at its West Murchison Project, targeting a significant copper-platinum-palladium-gold soil anomaly. Results expected by early October could unlock new resource potential.

S2 Resources has initiated reverse circulation drilling at the Yalgamine soil anomaly within its West Murchison project, targeting a significant copper-platinum-palladium-gold zone. Assay results are expected by early October, while drilling permits progress for the Warraweena project in NSW.

Enterprise Metals is set to begin air core drilling at its Murchison Project targeting rare earth elements, following regulatory approval and a heritage agreement. The program aims to test a key magnetic anomaly adjacent to Victory Metals’ North Stanmore REE deposit.