Latest Mineral Resource Development News

Alara Resources has been awarded a mining license for the Daris 3A5 prospect in Oman, marking a key step in developing its second copper operation in the country. Historical drilling confirms high-grade copper mineralisation, with further exploration and planning underway.

Barton Gold Holdings has reported exceptional new assay results from its Tolmer discovery in South Australia, revealing high-grade silver up to 2,240 g/t and gold up to 51.2 g/t. These findings extend the mineralised footprint and highlight multiple promising mineralisation horizons.

Many Peaks Minerals reports encouraging initial reverse circulation drilling results from its Odienné gold project in Côte d’Ivoire, confirming extensive mineralisation along a major shear corridor. Concurrently, exploration accelerates at the Ferké project with a second diamond rig added to expand core drilling.

Advance Metals has reported compelling new assay results from its Myrtleford Project, revealing a significant expansion of high-grade gold mineralisation at the Happy Valley Prospect. The latest drilling highlights the prospect’s growing potential along a 13-kilometre gold trend in Victoria.

Falcon Metals reports multiple visible gold zones and upgraded high-grade gold intercepts at its Blue Moon Prospect near Bendigo, with ongoing drilling promising further discoveries.

Albion Resources has reported impressive shallow high-grade gold intercepts at its Collavilla Prospect within the Yandal West Gold Project, reinforcing the potential of this emerging gold system. The results support a geological model linking gold mineralisation to mafic rafts in granite, with further drilling and surveys underway.

Koonenberry Gold has expanded the mineralised zone at its Enmore Gold Project in NSW to approximately 260 metres strike, revealing promising bulk tonnage and high-grade gold potential. The company is set to launch a fully funded +10,000-metre Phase II drilling campaign in late August to explore extensions and new targets along a 2km prospective corridor.

Heavy Rare Earths Limited (ASX – HRE) has struck a binding agreement to acquire an 80% interest in the Prospect Hill tin project, South Australia’s largest and most advanced tin deposit, expanding its footprint in critical minerals.

Antipa Minerals reports significant assay results from its CY2025 Phase 1 drilling at the Minyari Gold-Copper Project, revealing substantial resource extensions and new discoveries. With Phase 2 drilling and a Pre-feasibility Study underway, the company is advancing towards a potential standalone gold development.

Dome Gold Mines reports delays in its Sigatoka desilting project due to local activist opposition, while progressing its feasibility study and securing key license renewals in Fiji.

Pursuit Minerals has achieved a key milestone with its first high-purity lithium carbonate production at its pilot plant in Argentina, setting the stage for commercial development of its Rio Grande Sur project. The company is streamlining its focus on Argentina, advancing feasibility studies and strategic acquisitions amid a supportive mining environment.

Torque Metals has confirmed an 8-metre extension of high-grade pyrrhotite-associated gold mineralisation at its Paris Gold Project, with a continuous zone now reaching approximately 52 metres. Down-hole electromagnetics suggest further mineralisation potential beyond current drilling.