Latest Mineral Resource News

Ballard Mining’s latest drilling at the Baldock deposit pushes high-grade gold mineralisation well beyond its current resource, hinting at a major resource uplift at Mt Ida.

Godolphin Resources has hit a significant new polymetallic sulphide system named Cousin Jack at its Lewis Ponds project, with maiden drilling revealing broad zones of high-grade zinc, copper, lead, silver, and gold mineralisation.

Far East Gold has increased its ownership of the high-grade Idenburg Gold Project in Indonesia to 51%, issuing $6.5 million in shares to vendors and setting sights on an 80% stake after feasibility study approval.

Lindian Resources reports strong construction and mining readiness progress at Kangankunde, maintaining its timeline for first production in late 2026 while advancing a major expansion study.

Tāiko Critical Minerals has locked in a key 304-hectare land parcel for its Barrytown project with an $18 million conditional purchase, clearing a major hurdle towards mining and production targets.

Norfolk Metals has released a JORC 2012 Mineral Resource Estimate for its Chilean Ciclón Copper Project, revealing a substantial 11.8 million tonnes at 2.88% copper equivalent, with significant exploration upside and a transaction closing targeted for August 2026.

West Wits Mining has locked in a comprehensive ZAR 1.115 billion project finance package with Absa Bank and Nedbank CIB, clearing a critical hurdle toward steady-state gold production at Qala Shallows by late 2028.

Aeris Resources has received Supreme Court approval to acquire Peel Mining, adding significant copper resources to its Tritton operations and setting the stage for long-life production growth.

Alligator Energy has secured a crucial option to acquire a lease enabling expanded exploration at its Samphire Project while addressing ASX concerns over recent trading linked to a Mineral Resource Estimate update.

Charger Metals has struck a deal to sell its Bynoe Lithium Project to Core Lithium’s subsidiary for up to $14.75 million, including upfront cash, a resource milestone payment, and a capped royalty. The sale lets Charger focus on its Lake Johnston lithium ambitions.

Chilwa Minerals has more than doubled the Mineral Resource at its Mpyupyu heavy mineral sands deposit to 109.6 million tonnes, with nearly 90% now in Measured and Indicated categories, setting the stage for potential development within its Chilwa Critical Minerals Project in Malawi.

Caravel Minerals has lifted the confidence in its Caravel Copper Project with a 48% increase in Proved Ore Reserve tonnage, maintaining stable total contained copper while adding new metal grades to the reserve estimate.