Latest Mineral Resource News

Magmatic Resources has launched a 3,000m diamond drilling campaign at its Myall Project alongside encouraging soil sampling results at its Wellington North and Parkes projects, signaling advancing exploration momentum.

Prospect Resources reports strong initial drilling results at the Kabikupa Prospect within the Mumbezhi Copper Project, confirming significant copper mineralisation and validating historical data. The company targets a maiden Mineral Resource estimate by Q1 2025.

Sovereign Metals has delivered an Optimised Prefeasibility Study reaffirming Kasiya’s status as a globally significant rutile and graphite project, alongside advancing rehabilitation efforts and positive graphite test results.

Galileo Mining's latest quarterly report reveals significant platinum group element mineralisation at its Mission Sill prospect, supported by strong cash reserves and planned follow-up drilling in 2025.

Capricorn Metals delivered a robust December quarter with rising gold production, record cash flow, and strategic expansions, positioning itself strongly for FY25 targets.

Canterbury Resources has unveiled compelling drilling results at its Briggs Copper Project in Queensland, confirming a new Southern porphyry discovery and extending higher-grade mineralisation zones. These findings feed into an updated resource estimate and a scoping study due mid-2025.

Elementos Limited has pinpointed a significant shallow copper, gold, silver, and zinc target at its Cleveland Tin Project, leveraging advanced downhole electromagnetic survey data. The discovery lies just 70 metres below surface and is adjacent to previously reported high-grade mineralisation, prompting imminent drilling plans.

MinRex Resources reports encouraging rock chip sampling results from its Sunny Corner Au-Ag project, alongside strategic plans for expanded exploration activities. The company maintains a strong cash position of $9.46 million, underpinning its ongoing development efforts.

Castle Minerals Limited reports promising drilling results at its Wa Gold Project and secures a transformative $3 million investment from Ghana's Minerals Income Investment Fund for its Kambale Graphite Project.

Rumble Resources has unveiled a significant resource upgrade at its Western Queen Project alongside a strategic joint venture to fast-track gold production, while advancing metallurgical progress at its Earaheedy zinc project.

Anson Resources secured key approvals to expand drilling at its Utah lithium projects, reported a maiden resource at its Western Australia base metals deposit, and raised $2.3 million in an oversubscribed share purchase plan.

Rincon Resources has identified a promising new copper target at its West Arunta project and is progressing mineral resource estimations at South Telfer, underpinning a busy exploration quarter with $3.342 million cash in hand.