Latest Mineral Resource News

Lithium Energy Limited has confirmed lithium brine mineralisation in shallow aquifers at its White Plains Project in Utah, with assays up to 100 mg/L. The discovery supports plans for drilling deeper aquifers that may host higher-grade lithium.

Moab Minerals is set to acquire full ownership of Imbas Mining, unlocking rights to earn up to 80% of the Sasare Gold and Copper Project in Zambia, a site with notable historic gold production and promising copper targets. The acquisition paves the way for an initial exploration campaign targeting both gold and copper mineralisation.

Bindi Metals Limited has agreed to acquire up to an 80% interest in the Ravni gold project in Serbia’s prolific Raska mining district, accompanied by a $2.5 million capital raising to fund exploration activities.

Mithril Silver and Gold Limited has expanded its high-grade silver-rich Target 5 at the Copalquin district in Mexico, with surface samples hitting up to 3,300 g/t silver and 2.0 g/t gold. Drilling programs at multiple targets are progressing, promising significant resource growth.

GBM Resources has raised nearly A$40 million through a major institutional placement led by its largest shareholder, Wise Walkers Limited, to fund exploration and development in Queensland’s Drummond Basin gold projects.

Gorilla Gold announces strategic leadership hires and an employee incentive scheme tied to ambitious resource growth targets, alongside significant high-grade gold discoveries extending the Lakeview deposit at Comet Vale.

PMET Resources has successfully produced commercial-grade pollucite concentrate from its Shaakichiuwaanaan Project, revealing a promising pathway to valuable caesium co-products alongside lithium and tantalum.

Tolu Minerals has raised A$60.5 million through a well-supported institutional placement to fund exploration and refurbishment at its Tolukuma Gold Mine, signaling confidence in its growth strategy.

Andean Silver’s initial drilling at the Temer lode within Chile’s Cerro Bayo project reveals thick, high-grade silver-gold mineralisation, underpinning a 340% resource increase since acquisition. New vein discoveries promise further growth.

FireFly Metals reports exceptional high-grade copper and gold drill results from its Green Bay Project in Canada, setting the stage for a significant Mineral Resource Estimate update this quarter.

Mammoth Minerals has intensified its exploration at the Excelsior Gold-Silver Project with a second drill rig, aiming to deliver its first resource estimate by Q4 2025. A comprehensive magnetics survey further sharpens targeting across multiple mineralised trends.

Astral Resources reports strong assay results confirming gold mineralisation extensions at its Spargoville Gold Project, while advancing drilling at Mandilla and completing lithium exploration under a joint venture.