Latest Mineral Resource Development News

Caprice Resources has initiated the air core drilling phase of its fully funded 20,000m Phase 4 campaign at the Island Gold Project, targeting extensions of the Vadrians deposit and new gold-bearing formations. This multi-rig effort aims to advance the project towards a maiden Mineral Resource Estimate amid strong regional gold prospects.

Falcon Metals has reported compelling high-grade gold assay results from its Blue Moon drilling program near the historic Bendigo Goldfield, revealing wide mineralised quartz zones and visible gold that underscore the project's potential.

Hammer Metals has secured an option to acquire the Mt Sefton Gold Project in Western Australia, expanding its portfolio into a largely unexplored greenstone belt near the Gruyere deposit. Historic soil sampling shows promising gold and arsenic anomalies, setting the stage for upcoming exploration.

TG Metals Limited has reported encouraging results from its maiden drilling program at the Gold City Prospect in Western Australia, revealing multiple gold intercepts including standout high-grade zones. The company plans further drilling to expand on these promising findings.

Duketon Mining’s second drill program at the Killarney Gold Project confirms continuous gold mineralisation across multiple holes, revealing a structurally complex and nuggety system. PhotonAssay analysis is underway to refine understanding of gold distribution.

Aura Energy has secured a new exploration permit in Sweden, adjacent to its existing Häggån project, positioning the company to deepen its stake in a globally significant polymetallic resource area.

Infini Resources has expanded its drilling program at the Portland Creek Uranium Project, revealing multiple uranium-bearing zones across a broad corridor. Early results suggest a large, district-scale uranium system with promising polymetallic potential.

Koonenberry Gold’s latest drilling at the Enmore Gold Project reveals visible gold in the first two Phase II holes, extending the mineralised system to 425 metres vertically. The discovery highlights ongoing potential with assays pending and further drilling underway.

SQX Resources has reported exceptional high-grade gold and silver assays from underground sampling at the Williams Project in Montana, validating historical data and advancing its acquisition of AM6 Pty Ltd.

AusQuest Limited has identified three additional high-grade magnetite prospects at its Morrisey Project in Western Australia, with premium iron grades exceeding 70% Fe and promising recovery rates. These findings enhance the project's commercial appeal as it advances under a strategic alliance with South32.

Right Resources has completed early works and secured permits to launch a 4,800m diamond drilling program at its high-grade Pilot Project in Tumbarumba, NSW, following a successful $10 million IPO.

Ordell Minerals has launched a significant 10,000-metre drilling campaign at its Barimaia Gold Project in Western Australia, revealing promising new gold mineralisation at McNabs East and targeting extensive strike extensions.