Latest Mineral Resource Update News

Lunnon Metals has reported robust assay results from a 36-hole infill drill campaign at its Hustler gold deposit, underpinning an imminent Mineral Resource update and advancing permitting and mining optimisation activities.

Adavale Resources has reported assay results from 13 additional drillholes at its London-Victoria gold mine, confirming and expanding gold mineralisation beneath the historic open pit. The ongoing drilling program supports a larger mineralised system along the Parkes Thrust corridor, with promising metallurgical testwork and a planned resource update.

Caravel Minerals has lifted the confidence in its Caravel Copper Project with a 48% increase in Proved Ore Reserve tonnage, maintaining stable total contained copper while adding new metal grades to the reserve estimate.

Hillgrove Resources has delivered consistent high-grade copper-gold drill results from its Emily Star underground project, underpinning a pivotal Stage 2 investment decision later this year.

Ausgold Limited is ramping up its drilling efforts at the Katanning Gold Project with an imminent 25,000m infill program aimed at tightening drill spacing and underpinning early mine life. Recent results confirm robust resource growth potential and support advancing underground mining studies at Datatine.

Alicanto Minerals (ASX:AQI) has secured A$30 million through an institutional placement to fund an aggressive drilling campaign at its Mt Henry Gold Project in Western Australia, boosting its cash reserves to about A$41 million ahead of a resource update later this year.

Barton Gold has secured $25.9 million through an institutional placement, fully funding critical resource upgrades, feasibility studies, and drilling at its key South Australian gold and silver projects.

Saturn Metals has delivered robust new drilling results at the Titan Lode within its Apollo Hill gold project, expanding the mineralised footprint and confirming Titan as a key shallow mineralised centre. The results set the stage for a resource update later this year.

Barton Gold has raised $25.5 million through an institutional placement, fully funding critical feasibility studies and resource upgrades across its Challenger, Tunkillia, and Tolmer projects in South Australia.

Savannah Goldfields updates the Electric Light Mineral Resource at Georgetown, reporting 46,000 oz gold at 3.9 g/t including an Indicated category for the first time, underpinning future mining plans.

Stellar Resources has returned strong high-grade tin results at its Montana deposit, complementing near-complete drilling at Severn and reinforcing the Heemskirk Tin Project's status as Australia's highest-grade undeveloped tin resource.

Strickland Metals (ASX:STK) has confirmed no hidden material information explains recent share price swings, attributing volatility to regulatory delays in Serbia and broader gold sector weakness.