Latest Mineral Resource Development News

Aureka Limited has reported a significant 19% increase in its global gold inventory following a maiden JORC resource at St Arnaud and a new gold discovery at Irvine’s western flank, supported by a $3 million capital raise.

Kairos Minerals reports strong diamond drilling results at its Mt York Gold Project, revealing wide gold intercepts and extending high-grade mineralisation. These findings support a resource upgrade expected later this year.

Prospect Resources has released compelling metallurgical test results from its Mumbezhi Copper Project in Zambia, demonstrating robust, high-grade copper concentrates and strong recoveries that support plans for a central processing hub.

GBM Resources has received the initial $400,000 payment from Lithium Energy as part of a staged $3.2 million sale of its Mt Morgan Gold-Copper Project, marking a key step in its strategic asset divestment.

Tesoro Gold reveals a large new gold mineralised zone at its El Zorro Project in Chile, with surface sampling returning high-grade assays up to 22.10 g/t Au. The discovery sets the stage for upcoming drilling campaigns.

Stavely Minerals has completed new drilling at its Fairview North and South gold prospects in Western Victoria, unveiling a +10km mineralised structure linked to the Cayley Lode. The company plans to intensify exploration efforts in the second half of 2025.

Golden Cross Resources has completed an extensive surface geochemistry sampling program at its Copper Hill project in NSW, revealing isolated copper and gold anomalies that refine exploration targets.

Advance Metals has intersected multiple zones of visible gold in its latest diamond drilling at the Happy Valley Prospect, hinting at an expansion of high-grade mineralisation at the Myrtleford Project. Assay results are eagerly awaited to confirm the potential of this promising discovery.

Anson Resources has partnered with POSCO Holdings to develop a demonstration plant for Direct Lithium Extraction at the Green River Lithium Project, aiming to validate new technology and boost US lithium supply.

North Stawell Minerals reports promising high-grade gold intercepts at its Darlington target within the Stawell Mineralised Corridor, backed by a $3.6 million capital raise to accelerate exploration.

Koonenberry Gold Limited has revealed a significant 1.6km strike extension to its Sunnyside gold system at the Enmore Gold Project, highlighted by strong surface assay results including high-grade rock chips. The discovery expands the potential strike length to over 2km, setting the stage for an extensive drilling campaign.

iTech Minerals reports significant historical gold and antimony mineralisation at its Falchion Prospect in the Northern Territory, revealing expanded targets along an 18km prospective structural corridor. Planned geophysical surveys and drilling aim to unlock further value in the Reynolds Range Project.