Latest Mineral Resource News

Catalyst Metals reports significant drilling intercepts outside the current Trident Gold Project resource, hinting at further resource growth and supporting its ambition to double reserves on the Plutonic Gold Belt.

Burgundy Diamond Mines reported a mixed Q2-2025 with increased ore mined and carats recovered but lower revenue and earnings, prompting a strategic pivot including placing Point Lake on care and maintenance and extending Misery mine life.

Burgundy Diamond Mines has released an updated Life of Mine plan for its Ekati Diamond Mine, extending operations through 2040 with robust economics from the Fox Underground Project. The update includes revised resource and reserve estimates and a deferred Point Lake open pit mining schedule.

West Cobar Metals’ recent drilling at the Fraser Range Project reveals significant rare earth elements, titanium dioxide, and scandium, expanding the potential of its adjoining Salazar Critical Minerals Project.

Lunnon Metals has reported robust metallurgical test results for its Lady Herial gold deposit, confirming strong gold grades and recoveries that align with recent economic studies. These findings bolster the project’s development prospects amid ongoing negotiations with Gold Fields.

Orezone Gold Corporation reported robust Q2 and H1 2025 results driven by higher gold production and prices, while advancing its Bomboré mine expansion and debuting on the ASX.

G11 Resources has announced a proposed acquisition of Pacific State Metals, adding highly prospective copper and gold projects in Tasmania and New South Wales to its portfolio. The deal includes a significant share issuance and a planned share consolidation, pending shareholder approval.

Variscan Mines has successfully completed the initial phase of its $2.5 million capital raise, bolstering funds for advancing its Novales-Udias zinc-lead project in Spain.

Albion Resources has completed the sale of its Mongers Lake Project to Capricorn Metals for A$1.5 million, combining cash and shares, while positioning itself to accelerate exploration at its promising Yandal West Gold Project.

Ballymore Resources has initiated a 30-day induced polarisation survey at the historic Andromache copper-gold prospect, backed by a $150,000 government grant, aiming to reveal deeper copper sulphide mineralisation and advance its Dittmer Project exploration.

Benz Mining Corp. has raised A$30 million through a bought deal placement, enabling a significant ramp-up in drilling at its Glenburgh Gold Project in Western Australia. The company plans to deploy four rigs to explore both bulk tonnage and high-grade gold targets.

Bayan Mining and Minerals Limited reports ongoing exploration progress across its North American projects, with key assay results pending and valuable geological data shaping future plans.