Latest Mineral Resource News

Medallion Metals reports standout gold and copper assays from Harbour View infill drilling, reinforcing resource confidence ahead of a July update and advancing its strategic Forrestania acquisition.

South Harz Potash Limited has launched a two-tranche placement and a rights issue to raise over A$3 million, aiming to accelerate development of its German potash assets amid mixed funding prospects.

Prospect Resources reports promising Phase 2 drilling results at its Mumbezhi Copper Project in Zambia, highlighting significant copper intersections and expanded exploration initiatives. The company’s collaboration with First Quantum Minerals and structural experts underpins its ambition to substantially grow the project’s resource base.

Koonenberry Gold Limited (ASX – KNB) has revealed compelling surface geochemical results at its Prince of Wales Project in NSW, highlighting significant gold and copper anomalies that suggest untapped large-scale mineralisation potential.

AIC Mines has reported significant high-grade copper and gold intercepts from recent drilling at its Jericho copper deposit in North Queensland, boosting confidence in the resource and its development potential.

Equinox Resources Limited has launched a prospectus offering up to 21.8 million quoted options, including free-attaching options to placement participants and options to the lead manager as part of a strategic capital move. The offer aims to support key project developments across Brazil, Canada, and Australia, while navigating a complex risk landscape.

Askari Metals has acquired full ownership of the advanced Nejo Gold Project in Ethiopia, positioning itself in a prolific gold-copper region with significant exploration upside. The company plans systematic drilling to validate historical high-grade results and fast-track a maiden JORC resource estimate.

Rox Resources reports ahead-of-schedule dewatering and compelling high-grade drilling results at Youanmi, alongside strong interest in project debt financing, signaling a clear path toward production.

Mithril Silver and Gold Limited has expanded its flagship Copalquin Project in Mexico, revealing an 8-kilometre-long, high-grade gold-silver system and ramping up drilling activities across multiple targets.

Macarthur Minerals has extended the timetable for its A$2 million renounceable rights issue, providing shareholders more time to participate amid ongoing regulatory scrutiny by ASIC.

QMines Limited has completed its acquisition of the Mt Mackenzie Gold and Silver Project, significantly boosting its resource portfolio and positioning itself as a leading copper-gold developer in Central Queensland.

BMG Resources has signed a key Memorandum of Understanding to process ore from its Abercromby Gold Project at the nearby Matilda Processing Plant, marking a pivotal step toward production. This agreement supports BMG’s transition from developer to gold producer amid a strong gold price environment.