Latest Mineral Resource News

Rand Mining Ltd reports strong December quarter drilling results at the Hornet deposit within the East Kundana Joint Venture, setting the stage for open pit mining in FY25. The exploration highlights high-grade gold mineralisation and outlines a clear path for resource updates and further discovery drilling.

Tribune Resources Ltd reports strong December quarter drilling results at the Hornet deposit within the East Kundana Joint Venture, setting the stage for open pit mining in FY25.

Neometals Ltd has bolstered its financial position with a A$7.1 million capital raise while progressing key projects including the commissioning of a lithium-ion battery recycling plant in Germany and preparing for maiden gold drilling at Barrambie.

Critica Limited reports a remarkable 830% upgrade in rare earth element concentration from initial metallurgical testwork at its Jupiter Project, signaling strong economic potential for this Western Australian rare earth deposit.

Prospech Limited has reported a significant milestone with a JORC-compliant Inferred Mineral Resource Estimate of 7.1 million tonnes at 1.08% TREO for its Korsnäs REE project in Finland, alongside successful EU grant funding and a rights issue raising nearly $786,000.

Cygnus Metals has reported a significant new copper-gold-silver intersection at its Chibougamau Project, revealing a potential new lode just 250 metres from the main Corner Bay deposit. This discovery underscores the project's exploration upside and resource growth potential.

Westgold Resources Limited achieved record gold production of 80,886 ounces in Q2 FY25, driving a robust net mine cash flow of $45 million and securing a $200 million corporate facility to fuel growth.

Turaco Gold's maiden drilling at the Baffia Prospect within the Afema Project reveals significant gold mineralisation, reinforcing the project's growth potential beyond its existing 2.52Moz resource.

Core Lithium reports steady progress on its Finniss lithium project restart study, backed by a solid $50 million cash position and promising lithium and gold drilling results.

Iltani Resources has reported outstanding silver equivalent grades from the first seven drill holes at its Orient West project, highlighting significant potential for both open-pit and underground mining operations. The company plans to resume drilling in March 2025, aiming to further delineate this promising silver-indium deposit.

Fenix Resources delivered a transformational December quarter, setting the stage to triple its iron ore production in 2025, backed by record shipments and a 177% increase in mineral resources at Iron Ridge.

AIC Mines reports compelling high-grade copper intersections from recent drilling at the Jericho deposit, setting the stage for a significant resource upgrade in March 2025.