Latest Mineral Resource News

Hawk Resources has launched an options offer following a $3 million placement, aiming to fund exploration at its scandium and copper projects in Australia and the US.

Lodestar Minerals’ recent RC drilling at Ned’s Creek delivers strong high-grade gold results that support its 250,000-300,000 oz Exploration Target and reinforce plans for a maiden resource estimate in 2026.

Cygnus Metals is set for a transformative acquisition by Central Asia Metals valued at about A$232 million, while its Golden Eye deposit delivers high-grade drilling results that bolster resource confidence.

Krakatoa Resources has verified significant visual antimony mineralisation in early 2026 drilling at its Zopkhito project, advancing efforts to formalise a JORC-compliant resource estimate. Assays remain pending as the company prepares for underground sampling and metallurgical testing.

Norwest Minerals is raising $1.89 million through a partly underwritten 1-for-4 entitlement offer priced at $0.007 per share to fund key stages of its Bulgera Heap Leach Scoping Study and secure solvency for FY2026. The offer is supported by director and major shareholder commitments and opens to eligible shareholders on 21 July 2026.

Great Northern Minerals has uncovered four undrilled chargeability anomalies at its Iron Butte Gold-Silver Project in Nevada, setting the stage for a maiden drilling campaign aimed at expanding the existing resource.

Great Divide Mining and Dart Mining have completed a 4,100m drilling campaign at the Banshee Prospect, confirming gold mineralisation over a 730m strike that remains open. The results advance the project toward a maiden JORC Mineral Resource Estimate.

American Uranium has wrapped up a 50-hole, 12,757-metre drilling campaign at its Lo Herma uranium project, confirming strong mineralisation continuity and expanding resource potential ahead of a Q3 2026 resource update and scoping study.

Pantoro Gold's FY2026 gold output fell below expectations due to contractor and labour shortages, prompting a strategic operational review. The company targets 90,000 to 105,000 ounces in FY2027 with a stabilisation-first approach and significant investments in new ore sources and infrastructure.

Impact Minerals’ JV partner Kuniko has kicked off Phase 2 diamond drilling at the Commonwealth-Silica Hill Project in NSW, aiming to expand newly discovered high-grade gold-silver zones. The initial 1,300m program follows a 100% success rate in Phase 1 and sets the stage for a resource upgrade in late 2026.

Meteoric Resources has surged its Measured Resources by 246% to 128 million tonnes at its Caldeira Rare Earth Element Project in Brazil, significantly de-risking the upcoming Definitive Feasibility Study and underpinning future development plans.

Great Southern Mining (ASX:GSN) is pushing forward with aggressive drilling campaigns across its Western Australian and Queensland gold projects, supported by a recent $4.6 million equity placement. Early results hint at promising extensions of known mineralisation, setting the stage for further resource growth.