Latest Mineral Resource News

Arika Resources has identified a previously unrecognised gold lode at its Kookynie project after drilling returned 19 metres at 7.99g/t gold, including 6 metres at 15.87g/t. The early-stage discovery sits above the historic Champion Main Reef and opens several follow-up targets along a 3km mineralised trend.

Zeotech has begun an approximately 800-tonne commercial-scale AusPozz production trial while reporting independently replicated mining test results and a 92% average methane reduction in treated landfill cells. The September quarter also brought a non-binding VINCI Construction MOU, further Toondoon resource work and A$6.609 million in cash.

Stellar Resources has lifted its Heemskirk tin inventory to 115.3kt of contained tin, while post-quarter drilling has identified mineralisation outside the Severn resource that could connect with the high-grade Montana deposit. The company is now folding those possibilities into a prefeasibility study targeted for the first half of 2027.

Western Mines Group has increased the Mulga Tank resource to 2.647 billion tonnes at 0.27% nickel, containing 7.2 million tonnes of nickel. The major exploration milestone now faces its more consequential test: whether a large, low-grade and unconstrained resource can support an economic mine.

Accelerate Resources has begun maiden drilling at Gingarrigan, an untested prospect outside its existing Woodie Woodie North resource base, while securing A$1.1 million for exploration. The results will test whether surface manganese outcrops extend into a potentially broader mineralised system.

Pinnacle Minerals has agreed to acquire an option over five early-stage Utah tungsten projects and plans to raise up to A$1.3 million to fund the move. The deal would reshape the company’s US exposure, board and capital structure, but remains subject to shareholder approval and several title, access and funding conditions.

Anax Metals has moved its Whim Creek copper-zinc project deeper into engineering and financing work, while Mons Cupri’s Mineral Resource rises 24% to 6.32 million tonnes. The company is still targeting a fourth-quarter Final Investment Decision, but funding remains non-binding and the larger resource has yet to enter the project’s Ore Reserve or financial forecasts.

Elementos has secured approval for the 8.1km access corridor at its Oropesa tin project in Spain and made its Robledollano smelter option unconditional. The company ended September with A$38.6 million in cash, but still needs primary permits, financing and offtake agreements before a final investment decision.

Manhattan Gold has completed its largest-ever Hook Lake drilling campaign, with strong gold results at Jaws and polymetallic sulphide intercepts at Spectre widening the project’s exploration case. But five assays remain outstanding, the next funding tranche still needs shareholder approval, and the company reports only 1.54 quarters of cash coverage on its current spending basis.

Avira Resources has completed its 4,234-metre Mt Cattlin drilling campaign, with assays still pending from first-pass holes at the historically high-grade Sirdar and Ellendale prospects. The exploration momentum comes alongside $860,000 in cash and an estimated 1.45 quarters of funding.

Turaco Gold has reported high-grade gold extensions at Begnopan and Asupiri-Adiopan, including a 6-metre hit at 18.52g/t, as it prepares to update Afema’s 4.65Moz Mineral Resource. The results remain exploration data rather than a new resource or reserve, but several intersections sit beyond existing models and Ore Reserve boundaries.

GreenTech Metals has extended the tested Ayshia mineralised trend at Whundo by about 65 metres beyond its existing resource envelope, with drilling returning 4.76 metres at 7.13% copper plus zinc, gold and silver. The ASX-listed explorer enters the December quarter with more Whundo assays, a resource update and Munni Munni target testing still ahead.