Latest Mineral Resource News

Magnum Mining has reported compelling assay and desorption results from its Piracanjuba North rare earth element project in Brazil, expanding the geophysical target footprint and advancing drilling towards an Exploration Target and JORC Resource.

Australian Rare Earths (ASX: AR3) has discovered a promising niobium-rare earth carbonatite system at its Overland Project, marked by significant mineralisation in a single drill hole and linked to a large magnetic anomaly.

Minerals 260 has completed a Pre-Feasibility Study and declared a maiden Ore Reserve for its Bullabulling Gold Project, revealing robust economics and a pathway to production by late 2028.

ANSTO Minerals has demonstrated high extraction rates of key magnet rare earths from Korsnäs historical concentrate, advancing confidence in the project’s downstream processing flowsheet.

Great Southern Mining (ASX:GSN) has launched an aggressive 20,000m drilling campaign targeting multiple gold discoveries across Western Australia and Queensland, including expansions at Golden Boulder and Amy Clarke, and diamond drilling at the Edinburgh Park joint venture with Gold Fields.

Savannah Goldfields has obtained a critical Environmental Authority for its Agate Creek project, enabling mining to resume this quarter and targeting 36,800 ounces from Ore Reserves over two years.

Alara Resources (ASX:AUQ) is seeking to raise $3.84 million through a pro-rata non-renounceable entitlement offer, partially underwritten by major shareholder ATI. The funds will primarily support exploration and working capital amid ongoing operational progress at its Oman copper projects.

WA Gold has completed seven diamond drill holes at Abercromby, advancing its resource definition and feasibility study toward a potential gold mining operation with assay results due this month.

Patriot Resources’ maiden drilling at the Tonic prospect in Zambia has unveiled a new high-grade copper-silver-zinc-cobalt discovery, validating its exploration model and opening avenues for further resource growth near key infrastructure.

Breakthrough Minerals has launched a significant diamond drilling program at its Turpentine copper-gold deposit in North West Queensland, aiming to expand its largest resource within the Hazel Creek Copper-Gold Project.

Nexus Minerals has acquired Northern Star’s remaining 10% stake in the Pinnacles Gold Project, boosting its ownership to 100% and ending the joint venture. The deal includes a 1.5% net smelter return royalty payable to Northern Star, with an option to buy back part of it.

Kuniko Limited is set to commence an expanded Phase 2 drilling campaign at its Commonwealth Gold-Silver Project in NSW, aiming to build on high-grade discoveries from Phase 1 and explore new targets along a 4km corridor.