Latest Mineral Resource Development News

Western Mines Group (ASX:WMG) has wrapped up its Phase 5 drilling at Mulga Tank, delivering standout nickel-cobalt-copper assays and securing a $250,000 government grant for a seismic survey. Post-quarter, a $2.74 million capital raise led by Lowell Resources Fund boosts its exploration firepower.

CZR Resources has reported new drilling results from its Croydon Gold Project, revealing high-grade gold intercepts and extending mineralisation to over 700m strike and 220m depth.

White Cliff Minerals has delivered a standout 50.9m intercept at 2.81% copper in its first diamond drill hole at Danvers 1, validating its geological model and setting the stage for targeted step-out drilling to expand the Rae Copper Project’s footprint.

Nelson Resources has pushed the envelope on its Gold Point Project, unveiling a spectacular 113.5g/t gold assay from underground sampling at the Orleans Mine’s 400-foot level, confirming a structurally controlled high-grade vein system and setting the stage for imminent diamond drilling.

Desert Minerals reported strong gold soil anomalies at Mt Monger and completed drilling at Scotty Lithium, pending assays. A $1 million placement boosts cash to A$4.05 million, underpinning upcoming drilling and resource estimation.

Everest Metals has kicked off a 2,000m reverse circulation drilling program at its Mt Dimer Exploration Project in Western Australia, supported by a $145,000 co-funding grant from the WA Government’s Exploration Incentive Scheme. The campaign targets three high-priority gold anomalies adjacent to existing mining operations, aiming to extend known mineralisation.

Flagship Minerals has received full payment of US$4 million for its RK Lithium Project sale, advancing its strategic pivot towards gold and copper assets in Chile and Canada.

Minerals Exploration Limited (ASX: MEX) is progressing diamond drilling at its Waitekauri Gold Project in New Zealand, focusing on shallow, high-grade gold systems historically mined at Jubilee and Sovereign prospects. Assay results from initial holes are pending, while planning continues for a significant follow-up campaign at Sovereign.

Rumble Resources has uncovered high-grade gold and copper mineralisation at its Munarra Gully project after revisiting historical data, with a standout 13m intercept averaging 21.64 g/t gold including a blistering 1m at 221 g/t.

True North Copper is advancing its Mt Oxide Project with a strategic focus on expanding the Aquila copper-cobalt-silver discovery and developing the high-grade Vero resource, aiming to emulate the scale of the nearby Capricorn Copper mine.

Brazilian Rare Earths (ASX: BRE) reports standout drill results with 1.3m at 10.9% TREO including 5.8% Y2O3, expanding its Monte Alto District rare earth footprint in Bahia, Brazil.

Evergold Minerals wraps up its maiden RC drilling at Mt Monger with record gold grades at Duchess of York and confirms mineralisation at Gladiator, setting the stage for a 10,000m+ aircore campaign.