Latest Mineral Resource News

Forrestania Resources has agreed to acquire a substantial gold tenement package in Western Australia’s Eastern Goldfields, including the Karonie Gold Project with an inferred resource of 111,100 ounces. The $5 million deal combines cash and shares, reinforcing Forrestania’s regional growth strategy.

North Stawell Minerals (ASX:NSM) has reported promising high-grade gold drilling results and exploration progress at its North Stawell Gold Project, highlighting significant potential along the Stawell Mineralised Corridor in Victoria.

PhosCo Ltd has confirmed a significant phosphate mineralisation discovery at its DOH prospect within the Gasaat Project in Tunisia, highlighting the project’s potential as a world-scale phosphate source. This discovery complements pending maiden resource estimates at nearby prospects, reinforcing Gasaat’s strategic value amid global fertiliser supply pressures.

Diatreme Resources has reported promising aircore drilling outcomes from its Si2 and Casuarina silica sand deposits in Far North Queensland, underpinning resource upgrades and expansion potential. These results bolster the company’s position in the growing specialty glass and solar PV markets.

Paterson Resources has reported impressive shallow gold intercepts at its Grace Gold-Copper Project, setting the stage for a significant resource upgrade and the next phase of drilling.

Western Mines Group has signed a Memorandum of Understanding with Magnium Australia to explore supplying magnesite from the Mulga Tank Project for low-carbon magnesium metal production. This collaboration could add a new revenue stream by monetising a previously overlooked magnesite cap.

Adavale Resources is ramping up its drilling campaign at the London-Victoria Gold Mine, aiming to grow its existing 115,000oz gold resource with a second drill rig and expanded geophysical surveys.

Saturn Metals has appointed global engineering firm Ausenco to complete the Definitive Feasibility Study for its Apollo Hill Gold Project, aiming to advance the development of a major new gold operation in Western Australia.

Heavy Rare Earths Limited has confirmed the presence of valuable rare earth minerals Monazite and Xenotime at its Radium Hill Project, signalling new potential beyond historic uranium mining.

Breakthrough Minerals has completed the acquisition of the North Queensland Copper-Gold Project, gaining a substantial resource base and strategic landholding in the Mt Isa region. The company is now poised to advance exploration with multiple high-priority targets.

Barton Gold Holdings has completed a significant drilling campaign at its Challenger Gold Project, setting the stage for a pivotal feasibility study and potential production restart by mid-2026.

Felix Gold has confirmed its Treasure Creek antimony ore meets stringent US military-grade concentrate standards directly from the mine, advancing plans for domestic processing facilities. Independent testwork validates multiple efficient ore-to-metal pathways, positioning the company at the forefront of US critical minerals supply.