Latest Mineral Resource Development News

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.

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.