Latest Mineral Resource News

Classic Minerals has completed a design study for a 250,000 tonnes per annum Carbon-in-Leach gold processing plant at Forrestania, appointing IPS Global as EPCM contractor and outlining a scalable growth strategy.

American West Metals reports robust high-grade copper intersections from recent drilling at its Storm Copper Project in Nunavut, Canada, highlighting significant resource expansion potential.

Marquee Resources has successfully intersected antimony mineralisation in every hole of its initial drilling campaign at the Mt Clement Project, setting the stage for a maiden resource estimate and expanded drilling.

Energy Transition Minerals Ltd (ETM) has won the bid for the Penouta mine in Spain, the EU’s sole tin-tantalum-niobium producer, raising A$10 million to support the acquisition and development amid regulatory hurdles.

Carnaby Resources reports a significant off-hole electromagnetic conductor at its Trekelano prospect alongside robust copper-gold drill results, advancing its Greater Duchess Project in Queensland towards a Pre-Feasibility Study.

Australian Gold and Copper Ltd reports strong flotation and leaching test results from its Achilles deposit, marking a key step toward a maiden Mineral Resource Estimate.

OD6 Metals reports significant metallurgical advancements at its Splinter Rock Rare Earth Project, integrating Ion Exchange technology to enhance impurity removal and increase recovery rates. These improvements promise to materially improve project economics and broaden market appeal.

Westgold Resources projects a rise in gold production to 345-385koz in FY26, backed by significant capital investment and operational improvements aimed at boosting free cash flow.

Forrestania Resources has expanded its exploration footprint near Coolgardie by acquiring three new mineral license applications, enhancing its position around the Ada Ann gold project. The company is advancing its maiden Mineral Resource Estimate amid promising geological prospects.

Far Northern Resources has updated its Inferred Mineral Resource Estimate for the Ios Gold Project, reporting 24,100 ounces of gold at 1.49 g/t grade. This strengthens its foothold in the Northern Territory’s Pine Creek Goldfields and sets the stage for further resource growth.

Argent Minerals is fast-tracking its Kempfield Polymetallic Project in NSW, launching diamond drilling and metallurgical testwork to explore early production options and support a scoping study.

G11 Resources has announced a maiden Exploration Target for its Wilandra Copper Project, estimating a potential 15.6 to 21.2 million tonnes of copper mineralisation grading between 0.8% and 1.6% copper. The target spans three key zones over a 4 km strike length and remains open for expansion.