Latest Mineral Resource News

Superior Resources advances its Steam Engine Gold Project with a pending updated Mineral Resource Estimate incorporating 2024 drilling results and plans for a 2025 drilling campaign targeting new gold lodes.

Cavalier Resources appoints Colin Bald as General Manager Operations and releases an updated Pre-Feasibility Study for its Crawford Gold Project, highlighting robust financial metrics and a clear path to production.

Green Critical Minerals’ McIntosh Graphite Project Pre-Feasibility Study confirms robust economics with a post-tax NPV of A$235 million and a 32.5-year mine life, underpinning plans for staged development and market entry.

Benz Mining reports significant high-grade gold intercepts at its Glenburgh Gold Project, confirming continuity and expanding resource potential. The company advances its maiden resource estimate with a fully funded 30,000m drill program underway.

Rox Resources has completed its two-tranche placement, raising a total of $40 million to advance its Youanmi Gold Project development. The final tranche involved issuing 13.5 million shares to key institutional investors.

Torque Metals is initiating a targeted 6,500-metre drilling program at its Paris Gold Project, leveraging advanced electromagnetic surveying to unlock new high-grade gold zones and potentially grow its resource base.

Redcastle Resources has significantly boosted its gold Mineral Resource Estimates to 42,000 ounces across its Queen Alexandra and Redcastle Reef deposits, marking a 280% increase from its maiden resource. The company is advancing towards near-term production with a strategic partnership and ongoing scoping study.

Western Mines Group is set to restart exploration drilling at its Mulga Tank nickel project in Western Australia, leveraging recent capital raises and government grants to target high-grade nickel sulphide mineralisation and expand its resource base.

Tesoro Gold’s latest drilling results reveal significant extensions of high-grade gold mineralisation at the Ternera deposit in Chile, promising a larger resource base ahead of an updated estimate.

Barton Gold Holdings has updated its Challenger Gold Project resources near the Central Gawler Mill to 223,000 ounces of gold, setting the stage for a potential low-cost production start by late 2026. The company’s total gold resources now stand at 1.9 million ounces, supported by extensive drilling and metallurgical testwork.

Brightstar Resources has unveiled a definitive feasibility study for its Laverton-Menzies gold projects, outlining a clear growth trajectory targeting 70,000 ounces annually over five years and aiming for 200,000 ounces by 2029.

Brightstar Resources has completed a Definitive Feasibility Study for its Menzies and Laverton Gold Projects, outlining a robust staged development plan with strong financial returns and a targeted final investment decision in 2025.