Latest Mineral Resource News

Savannah Goldfields has updated its Agate Creek Mineral Resource to 422,000 ounces of gold, reflecting improved confidence and a shift to a more robust estimation method. The combined Agate Creek and Georgetown Projects now hold over half a million ounces of gold.

Redcastle Resources is progressing its Queen Alexandra gold project from scoping to pre-feasibility study preparation, focusing on closing critical data gaps and exploring funding options to accelerate development.

Evolution Mining has delivered a landmark FY25 with record profits and cash flow, tripling its final dividend, while setting a stable production and cost outlook for FY26 amid ongoing project developments and sustainability commitments.

Kingsland Minerals has revealed breakthrough metallurgical test results at its Leliyn Graphite Project, identifying muscovite mica as the primary host of high-grade gallium mineralisation. This discovery opens the door to producing a valuable gallium by-product, potentially enhancing the project's economics amid soaring global demand.

Great Boulder Resources has identified multiple new gold targets at its Side Well project in Western Australia through a recent geophysical survey, setting the stage for accelerated drilling activity with a second rig arriving soon.

Hawthorn Resources corrects its ASX announcement to include detailed Mineral Resource Estimates and confirms the Competent Person for its Anglo Saxon Gold Project. The company has also initiated an 8,000m drilling program aimed at expanding and de-risking the resource.

Nagambie Resources has completed a $1.2 million capital raise to fund diamond drilling at its Nagambie Mine, targeting a recent high-grade gold-antimony discovery and updating its mineral resource estimate.

DMC Mining Limited has withdrawn its August 2024 prospectus due to delays in securing exploration licences in Guinea, but remains committed to its critical minerals projects and plans a replacement prospectus once licences are granted.

Titan Minerals reports robust drilling results at its Dynasty Gold Project in Ecuador, revealing wide, high-grade gold and silver intercepts that promise resource expansion and improved mine economics.

Resouro Strategic Metals announces the immediate resignation of CEO Alistair Stephens, with Executive Chairman Christopher Eager stepping in as interim CEO. The company also plans to appoint a new Chairman to strengthen its leadership team.

Godolphin Resources has announced a substantial upgrade to its Lewis Ponds mineral resource, boosting contained gold to 470,000 ounces and silver to 21 million ounces, marking a significant step towards project development.

Resouro Strategic Metals reports a significant update to its Tiros project resource alongside a reduced quarterly loss, highlighting progress in its Brazilian exploration assets.