Latest Mineral Resource News

Prospect Resources is set to increase its ownership in the Mumbezhi Copper Project to 90%, following a US$4.25 million acquisition. The company plans to kick off an ambitious Phase 3 drilling program in early Q2 2026, backed by a recent A$45 million equity raise.

Patriot Resources has confirmed strong silver recoveries averaging 85% from historical testwork at its Tassa project in Peru, underpinning a maiden JORC Inferred Resource of 31.4 million ounces silver equivalent. An independent metallurgical review is underway to refine recovery assumptions and support future resource upgrades.

Stellar Resources has uncovered a new high-grade tin lode 60 meters beneath its existing Severn deposit, setting the stage for a resource upgrade and advancing its Heemskirk Tin Project development.

Reach Resources has announced promising assay results from its latest drilling at the Blue Heaven deposit, revealing multiple high-grade gold lodes extending beyond historic workings and current resource boundaries. These findings bolster the potential for resource expansion and underpin plans for updated mining studies.

Rimfire Pacific Mining’s latest drilling confirms significant scandium mineralisation at the Malamute Prospect within the Rabbit Trap Project, underpinning a strategic acquisition decision.

Aurum Resources reports multiple broad, shallow, high-grade gold intercepts from its 30,000m drilling program at the Napié Gold Project in Côte d’Ivoire, underpinning an imminent resource update and growth strategy. The company’s dual-asset approach and strong balance sheet position it for a pivotal transition from explorer to developer in 2026.

Resolute Mining has reported a substantial 60% increase in its gold Mineral Resources and a 55% rise in Ore Reserves, driven by strategic acquisitions and exploration success across West Africa. The Doropo project in Côte d’Ivoire now anchors over a third of the company’s reserves, signaling a new growth phase.

Advance Metals has reported significant broad, high-grade silver and gold intersections at its Yoquivo Project in Mexico, setting the stage for a major resource upgrade and a potential shift to scalable mining methods.

Sun Silver Limited reports exceptional metallurgical test results from its Maverick Springs project in Nevada, highlighting strong silver and gold recoveries that support a low-cost heap leach development pathway.

Kalamazoo Resources has appointed mining veteran Andrew McDougall as CEO to lead its flagship Ashburton Gold Project through critical feasibility stages and drive broader portfolio growth.

Terra Metals’ latest drilling results at the Dante Project confirm one of Australia’s largest titanium-vanadium-copper-platinum group metal systems, showcasing thick, continuous mineralisation and promising metallurgical potential.

Horizon Gold Limited has raised A$30 million through a placement and entitlement offer to accelerate exploration and advance the feasibility study at its Gum Creek Gold Project in Western Australia.