Latest Mineral Resource Drilling News

Raiden Resources retains 100% ownership of the Mt Sholl Ni-Cu-PGE Project following First Quantum Minerals' withdrawal, gaining valuable exploration data and cash compensation. The company is now exploring development options to unlock the project's potential.

Sunshine Metals has initiated an 840 line-kilometre helicopter-borne VTEM Max geophysics survey over the Coronation–Highway area, backed by a $231,000 Queensland Government grant. The survey aims to uncover massive sulphide deposits analogous to Sunshine’s Liontown and the historic Highway-Reward mines.

PVW Resources has reported strong desorption test results from its Capão Bonito project in Brazil, confirming the presence of Ionic Adsorption Clay (IAC) style rare earth mineralisation with high recoveries of magnet rare earth oxides near surface.

Savannah Goldfields has announced a new gold Exploration Target at its Phily’s Deposit within the Georgetown Project, adding to its growing portfolio of promising near-surface resources.

Westgold Resources has unveiled a maiden Mineral Resource Estimate of 2.3 million ounces of gold at its Fletcher Zone, effectively doubling the Beta Hunt mine’s resource base and setting the stage for expanded production.

Saturn Metals reports strong high-grade gold drilling results at Apollo Hill, reinforcing its 2.03 million ounce resource and setting the stage for a resource upgrade and feasibility studies later this year.

Cygnus Metals has reported impressive high-grade assay results from its Golden Eye prospect in Quebec, confirming multiple mineralised zones and setting the stage for an initial resource estimate.

Barton Gold Holdings has raised $3 million through a premium-priced placement to fast-track resource upgrade drilling at its Tunkillia Gold Project, boosting its cash reserves to $9 million with minimal dilution.

Bryah Resources has secured an option to acquire the Golden Pike high-grade gold project in New Brunswick, Canada, featuring a historical inferred resource of over 66,000 ounces of gold. The move positions Bryah to capitalize on strong gold prices with plans for extensive exploration and resource upgrade.

Sayona Mining reports solid FY25 operational gains and outlines strategic merger progress with Piedmont Lithium, positioning itself as a leading North American lithium producer amid a recovering market.

North Stawell Minerals (ASX:NSM) reports promising drilling results and strategic advances at its North Stawell Gold Project in Victoria, highlighting potential repeats of the prolific Stawell gold system and a robust exploration pipeline.

Aurumin Limited has entered binding agreements with Newcam Minerals for a $4 million joint venture on key gold projects, alongside a $1 million sale of non-gold mineral rights at Sandstone, positioning the company for near-term gold production.