Latest Mineral Resource News

Native Mineral Resources (ASX:NMR) has cleared a key regulatory hurdle by submitting a Progressive Rehabilitation and Closure Plan for its Far Fanning Gold Project, while maintaining steady gold production at its Blackjack Gold Mine.

Tesoro Gold has accelerated its Definitive Feasibility Study and development readiness for the 1.82Moz Ternera deposit, forming strategic alliances and advancing financing plans.

Legacy Minerals has engaged WSP Global to update its Mt Carrington Mineral Resource Estimate, aiming to boost silver ounces, copper tonnes, and resource confidence ahead of a scoping study optimisation.

Many Peaks Minerals has exercised its option to acquire 100% of the Baga Gold Project in Côte d'Ivoire after a comprehensive soil sampling campaign revealed extensive gold anomalies. A 14,000m auger drilling program is now testing multiple targets along a 16km gold corridor.

Aureka Limited has completed a Concept Level Study for its Comstock Gold & Silver Project, selecting the Walkers Pit as the preferred site for a low capital, fast-start mining operation. The company has lodged a Prospecting Licence application and is advancing an infill drilling program to upgrade its 56,000-ounce inferred resource.

Nexus Minerals has completed assay reporting for 33 reverse circulation drill holes at its Clement Prospect, delivering strong high-grade gold results and confirming the system remains open at depth. The findings underpin plans for a maiden Mineral Resource Estimate within the broader Wallbrook project update targeted for September.

Great Boulder Resources has kicked off a major drilling campaign at its newly acquired Peak Hill Gold Project, aiming to rapidly expand a 481,000oz resource and fast-track capital-light production alongside its flagship Side Well project.

Terrain Minerals has reported compelling assay results from 35 air core holes at its Lort River Rare Earths Project in Western Australia, revealing a broad, shallow clay-hosted rare earth system with standout high-grade intervals and significant heavy rare earth proportions.

Black Canyon has won a $264,800 WA government grant to fund a detailed gravity survey and deep RC drilling at its Wandanya manganese project, accelerating its path to a maiden resource estimate.

Sheffield Resources has negotiated further waivers and deferrals on key loan repayments for its Thunderbird Mineral Sands Mine, extending relief on obligations due through mid-2026. However, the outcome of ongoing debt restructuring talks remains uncertain.

Albright Metals has completed its second staged payment milestone for the Golden Pike Gold and Antimony Project, issuing shares and cash to Globex Mining Enterprises as exploration and development progress.

Resouro Strategic Metals has unveiled a robust Preliminary Economic Assessment for its Tiros Titanium and Rare Earths Project, signalling a post-tax NPV of US$715 million and a 44.2% IRR over 20 years. Meanwhile, binding agreements for mining and processing at the Novo Mundo Gold Project promise to unlock additional value.