Latest Mineral Resource News

Metro Mining’s latest update reveals a decline in Ore Reserves and Resources at Bauxite Hills Mine due to 2024 mining activity, with no new exploration additions. The company plans a significant capital expansion to boost production capacity.

Terrain Minerals has kicked off a 3,350-meter drilling campaign at its Lightning and Monza prospects, aiming to expand on recent high-grade gold and silver discoveries. Concurrently, the company has opened a $1.8 million rights issue to fund ongoing exploration and development.

Riversgold Limited reports metallurgical tests confirming over 90% gold recovery at its Northern Zone project near Kalgoorlie, alongside promising drilling results that pave the way for a maiden resource estimate.

Many Peaks Minerals reports promising diamond drilling results at its Ferké Gold Project, revealing expanding high-grade gold mineralisation and prompting accelerated exploration efforts.

Sayona Mining reports solid FY25 operational gains and outlines strategic merger progress with Piedmont Lithium, positioning itself as a leading North American lithium producer amid a recovering market.

American West Metals is launching a comprehensive 2025 exploration campaign at its Storm Copper Project in Nunavut, targeting resource expansion and new discoveries along a 110km copper belt.

North Stawell Minerals (ASX:NSM) reports promising drilling results and strategic advances at its North Stawell Gold Project in Victoria, highlighting potential repeats of the prolific Stawell gold system and a robust exploration pipeline.

Sky Metals reports promising high-grade tin results from the first three holes of its expanded drilling program at the Tallebung Tin Project, prompting a significant increase in drilling activity to further grow the resource.

Power Minerals Limited has entered a strategic partnership with Brazilian miner EDEM to advance the high-grade Santa Anna Niobium Carbonatite Project in Goiás, Brazil, aiming to accelerate exploration and development through shared expertise and cost efficiencies.

Brightstar Resources has reported impressive high-grade gold intercepts from its recent drilling at the Yunndaga deposit, reinforcing underground mining prospects and setting the stage for further resource growth.

Regis Resources reports a solid increase in Mineral Resources and Ore Reserves for 2024, driven by significant underground growth at Duketon and Tropicana. Exploration success at key sites underpins confidence in extending mine life and expanding underground operations.

Newfield Resources has taken a significant step forward with a new management partnership for its Tongo Diamond Mine, while facing legal challenges over the termination of its Tonguma Mine agreement.