Latest Mineral Resource Development News

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.

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.