Latest Mineral Resource News

Patronus Resources has announced a maiden JORC 2012 Exploration Target for its Merlin Prospect within the Cardinia Gold Project, estimating up to 500,000 ounces of gold. Recent drilling results highlight broad, shallow gold mineralisation, with further work planned to expand this promising discovery.

Westgold Resources has unveiled a maiden Mineral Resource Estimate of 2.3 million ounces of gold at its Fletcher Zone, effectively doubling the Beta Hunt mine’s resource base and setting the stage for expanded production.

EV Resources has appointed Miguel Barahona as President of its Mexican subsidiary to lead the restart of the Los Lirios open pit antimony mine, signalling a strategic push to advance its operations in Oaxaca.

FireFly Metals has successfully completed a C$28.4 million Canadian bought deal as part of a broader A$70.1 million equity raising, positioning the company to advance its high-grade copper-gold projects in Canada.

North Stawell Minerals Ltd (ASX – NSM) has opened a $2.1 million non-renounceable entitlement offer to fund key gold exploration projects in Victoria. This follows a $1.5 million placement, together raising $3.6 million to advance drilling and development.

AIC Mines Limited has launched a A$55 million equity raise alongside a A$10 million share purchase plan to fund a significant expansion of its Eloise Copper Mine processing capacity and advance the Jericho Copper Mine development.

Saturn Metals reports strong high-grade gold drilling results at Apollo Hill, reinforcing its 2.03 million ounce resource and setting the stage for a resource upgrade and feasibility studies later this year.

Osmond Resources has reported strong assay results from Zone 2 of its Orion EU Critical Minerals Project in Southern Spain, revealing high-grade rutile and zircon mineralisation. The company is now prioritising a maiden drilling program to validate these findings and advance project development.

Unico Silver Limited reports compelling assay results from infill drilling at its La Negra prospect, confirming thick, shallow, high-grade silver mineralisation that supports its PLUS 150 development strategy and upcoming JORC resource upgrade.

Lode Resources has announced a maiden Mineral Resource Estimate for its Webbs Consol project in New South Wales, revealing a high-grade silver equivalent resource of 32 million ounces. The estimate confirms the project's potential with strong grades and promising metallurgical recoveries.

Black Cat Syndicate has fast-tracked its Lakewood processing tolling program and appointed Tim Mason as COO to streamline operations and support its More Gold Sooner strategy.

Australian Silica Quartz Group's flagship Quartz Hill MGSi Project faces a setback after Quinbrook Infrastructure Partners terminates their development and offtake agreement. ASQ pivots to explore other high-grade quartz targets in Queensland.