Latest Mineral Resource News

Advance Metals has drilled four consecutive holes hitting high-grade silver at its Gavilanes Project in Mexico, extending the mineralised system 55 metres south and confirming significant exploration upside ahead of a maiden JORC resource due in Q4 2026.

Elk Range Mining (ASX: ELK) has kicked off its first-ever 2,850-metre diamond drilling campaign at the Friday Gold Mine in Idaho, aiming to confirm historical high-grade gold and expand resource potential using existing infrastructure.

Kuniko Limited has fast-tracked its acquisition of a 51% stake in the Commonwealth-Silica Hill gold-silver-copper project, achieving the earn-in milestone over a year early and setting the stage for resource expansion and district-scale exploration.

Legacy Minerals has pinpointed multiple strong, blind chargeability anomalies at its Mascotte Prospect, signalling fresh gold-silver opportunities outside its existing 1.6 million ounce resource. Drilling is now active to test these high-priority sulphide targets.

Tungsten Mining has kicked off a comprehensive 20,700-metre drilling campaign at its Watershed Tungsten Project, aiming to boost geological confidence and gather critical engineering data following strong economic results.

MRG Metals has secured $800,000 through a placement and board commitment to accelerate development at its ultra high-grade Garies Rare Earth Project in South Africa and advance exploration in Mozambique.

Wia Gold’s Kokoseb Gold Project in Namibia jumps to 3.78 million ounces in updated resource estimate, unveiling a maiden underground inferred resource and reinforcing its development potential.

Sky Metals releases a Pre-Feasibility Study confirming Tallebung's robust economics with a 7.3-year mine life, strong cashflows, and rapid capital payback, targeting mid-2028 production.

Altair Minerals has kicked off Phase I diamond drilling at North Peters, part of a fully funded 75,000m exploration program across its Greater Oko gold project in Guyana. The initial 22,600m drilling phase targets high-grade gold mineralisation with plans to expand following assay results.

Sentinel Metals’ first diamond drill hole at Montana’s Columbia Project reveals a robust 46.8m intercept averaging 5.5 g/t gold, including a standout 13.5m at 16.6 g/t, confirming mineralisation extends into fresh rock below historical drilling depths.

Flynn Gold is kicking off a 2,500m drilling campaign at its Brilliant Prospect in northeast Tasmania, aiming to convert promising trench assay results into a formal Mineral Resource and fast-track project development.

Iltani Resources has intercepted significant lead, zinc, and copper sulphides over a 1,230m strike at its Union Jack Prospect in Northern Queensland, validating geophysical VTEM targets and setting the stage for expanded exploration within the Herberton Project.