Latest Mineral Resource News

Morella Corporation’s latest drilling at Mt Edon delivers broad and continuous rubidium mineralisation with high-grade pockets, setting the stage for its first JORC Mineral Resource Estimate.

Forrestania Resources has updated its MacPhersons deposit resource to 73,800 ounces, pushing its global JORC-compliant gold resource past the one million ounce mark. This milestone underscores the company’s growing footprint in Western Australia’s Eastern Goldfields.

Magnum Mining has advanced its auger drilling campaign at the Piracanjuba North Target, completing 161 holes over 7.4 km² and preparing for key Exploration Target and JORC Resource milestones later this year.

ASF Group has divested its non-core coking coal subsidiary for A$3.08 million, aiming to refocus capital towards growth and working capital enhancement.

European Resources has identified six fresh passive seismic anomalies outside prior survey bounds at its Korsnäs rare earth project, prompting an exploration area increase and ongoing survey phases.

Coda Minerals has secured $6.7 million through an oversubscribed placement to fast-track its Pre-Feasibility Study at Elizabeth Creek, underpinning key technical and environmental programs.

Barton Gold has raised $25.5 million through an institutional placement, fully funding critical feasibility studies and resource upgrades across its Challenger, Tunkillia, and Tolmer projects in South Australia.

Flynn Gold has ramped up its diamond drilling program at the Firetower Gold-Tungsten Project in northern Tasmania, expanding from three to ten holes totalling 1,600 metres. The move aims to test high-grade extensions and support a maiden Mineral Resource Estimate amid critical mineral supply pressures.

Killi Resources has significantly extended the King Louie Breccia gold-copper-molybdenum anomaly at its Mt Rawdon West Project, setting the stage for imminent drill testing backed by government funding.

Haranga Resources has wrapped up its Phase 3 Reverse Circulation drilling at Senegal’s Ibel South, revealing pervasive hydrothermal alteration and pyrite mineralisation consistent with a Birimian-style gold system. Assay results expected by end June will determine the next exploration steps.

Gorilla Gold Mines has reported a fresh wave of high-grade gold intercepts at its Sovereign Deposit, significantly extending the mineralised zone within its North Kalgoorlie Hub portfolio.

American Uranium Limited has pushed back the closing date of its entitlement offer to 15 July 2026, giving shareholders more time amid volatile market conditions and pending drilling results from its Lo Herma uranium project.