Latest Mineral Resource News

Lefroy Exploration has reported outstanding near-surface gold assay results from its Lucky Strike project, validating resource models and revealing promising high-grade zones. With diamond drilling underway to explore a potential larger Stage 2 pit, the company is advancing its development plans backed by partner funding.

Lunnon Metals reports promising high-grade gold surface samples at its Hustler and Koombana prospects, reinforcing the potential for new discoveries within the Kambalda Gold & Nickel Project. These results pave the way for follow-up drilling and resource expansion alongside the advancing Lady Herial deposit.

Solstice Minerals has reported compelling new gold intercepts from its Phase II drilling at the Bluetooth Gold Prospect, reinforcing the site's commercial potential and setting the stage for further exploration in Western Australia's Yarri Project.

Alvo Minerals has updated its entitlement offer to include free attaching options, aiming to raise $1.56 million to fund exploration and working capital. The offer targets eligible shareholders with a $0.02 share price and options exercisable at $0.05 over three years.

Cannindah Resources has confirmed two untested porphyry copper-gold-molybdenum targets outside its existing 14.5Mt Mineral Resource at Mt Cannindah, revealing promising high-grade surface samples and setting the stage for deeper drilling.

Ioneer Ltd has announced a 308% increase in the Ore Reserve for its Rhyolite Ridge Lithium-Boron Project in Nevada, extending mine life to 95 years and confirming robust economics with low-cost lithium production and a stable boric acid revenue stream.

Aura Energy announces a strategic collaboration with Neu Horizon Uranium Ltd to advance uranium mining in Sweden, aligning with the Swedish government’s plans to lift its uranium mining ban and bolster nuclear energy production.

Coolabah Metals Limited is set to raise $15-20 million through a public offer to acquire Broken Hill Mines Pty Ltd, aiming to restart operations at the Rasp and Pinnacles Mines in NSW. The move marks a strategic shift towards production, subject to shareholder and ASX approvals.

Chilwa Minerals Limited has reported strong assay results from its Mpyupyu Dune deposit in Malawi, reinforcing the potential for a significant upgrade to its mineral resource estimates. Improved assay turnaround times are accelerating progress across multiple deposits.

Perenti Limited has landed a significant five-year underground mining contract worth approximately AUD 1.1 billion with Endeavour Mining, expanding its footprint in Burkina Faso’s high-grade Mana gold complex.

Variscan Mines Limited continues to reveal promising high-grade zinc and lead mineralisation outside the existing resource boundaries at its Udías Mine in Spain, signalling significant growth potential for the Novales-Udías Project.

Sarytogan Graphite Limited has achieved flotation concentrate grades exceeding 90% Total Graphitic Carbon in its Central Graphite Zone, marking a significant improvement over previous results and enhancing its market potential.