Latest Mineral Resource Development News

Ordell Minerals has significantly expanded gold mineralisation at its Barimaia Gold Project, doubling the strike length to over 7km and confirming promising shallow gold zones at McNabs East. A recent $3.85 million capital raise will fund ongoing exploration efforts.

AusQuest Limited has reported significant new coarse-grained magnetite intersections across multiple prospects at its Morrisey Project in Western Australia, signaling promising potential for premium iron product development.

Australasian Metals Limited has reported encouraging progress at its Queensland gold and bauxite projects, highlighted by promising gold assays and elevated gallium grades, while maintaining a solid cash position of $3 million with no debt.

Unico Silver has confirmed a significant new silver-gold mineralised zone at La Morocha SE within its Joaquin Project, highlighting strong growth potential ahead of a revised resource estimate.

Nelson Resources reports promising high-grade gold assay results from rock chip samples at its Yarri tenements, revealing new exploration targets and confirming mineralisation beyond known zones.

Centaurus Metals has reported significant new high-grade copper-gold mineralisation at its Boi Novo Project in Brazil, including a newly discovered shallow zone at Nelore East with assays up to 11.5m at 2.84% copper and 0.90g/t gold. Drilling at Nelore West confirms continuity of mineralised breccia pipes, expanding the project's potential.

Canadian Phosphate Limited advances its Canadian operations with new bulk sampling permits and a promising exploration target, while steady sales and customer upgrades signal growth ahead.

Golden Horse Minerals has reported promising initial assay results from its first diamond drill hole at Hopes Hill, revealing high-grade gold mineralisation at unprecedented depths and expanding the project's underground potential.

Midas Minerals has revealed widespread copper mineralisation extending over a 2km strike at its South Otavi Project in Namibia, setting the stage for imminent drilling campaigns. The discovery complements ongoing exploration and the pending acquisition of the larger Otavi Project, promising significant growth potential.

Strata Minerals reports promising maiden drilling results at its Penny South Gold Project and high-grade sampling at Biranup, backed by a government co-funded drilling grant and fresh capital raise.

Augustus Minerals has revealed a striking new high-grade gold quartz vein at its Music Well project near Leonora, Western Australia, with assays reaching 62.2g/t gold. This discovery, alongside multiple other promising prospects, significantly expands the project's exploration potential.

S2 Resources reports a notable gold-arsenic-antimony anomaly from reconnaissance drilling at Fosterville, setting the stage for targeted follow-up exploration. Meanwhile, drilling at Glenlogan advances with assays pending, and Warraweena prepares for initial drill testing.