Latest Mineral Resource News

Peel Mining Limited reveals a robust high-grade resource base and ongoing exploration in the Cobar Basin, positioning itself for growth amid a dynamic regional mining landscape.

Austral Resources Australia Ltd has successfully completed a $40 million capital raise and is reinstated to ASX trading, positioning itself as a mid-tier copper producer with a dual-hub operation in Queensland.

Olympio Metals has raised $1.25 million to fund further exploration at its promising Bousquet Gold Project, following a maiden drilling program that intersected significant gold mineralisation in over 85% of holes.

Ballymore Resources has initiated a 1,000m diamond drilling program at the Seventy Mile Mount breccia pipe within its Ravenswood Project, aiming to unlock bulk-tonnage gold mineralisation at depth. This follows promising historic and recent drill results indicating improving gold grades below shallow intersections.

Kingsland Minerals has successfully closed an oversubscribed Share Purchase Plan, raising A$543,000 to advance its Leliyn Graphite Project and exploration efforts.

Prospect Resources has agreed to sell its Step Aside Lithium Project in Zimbabwe for up to US$2.2 million, marking a strategic shift to focus on its larger Mumbezhi Copper Project in Zambia. The deal includes upfront and milestone payments tied to the buyer's development progress.

Galan Lithium has completed a $20 million strategic placement with Clean Elements, fully funding Phase 1 construction of its Hombre Muerto West lithium project in Argentina, with production on track for mid-2026.

Mont Royal Resources has re-listed on the ASX following a merger with Commerce Resources, bringing the Ashram Rare Earth and Fluorspar Deposit in Québec to the forefront of North American critical minerals development.

Sky Metals has launched a major drilling campaign at its Tallebung Tin Project in NSW, aiming to expand newly discovered high-grade tin, silver, and tungsten zones and update its resource estimate by early 2026.

Tivan Limited has secured six new exploration licenses in Timor-Leste, boosting its critical minerals portfolio with copper, cobalt, and gold prospects. The $500,000 deal complements its existing Turiscai Project and positions the company for accelerated exploration in a largely untapped region.

Temas Resources has launched an accelerated 2,500-metre drilling campaign at its La Blache titanium-vanadium project in Quebec, aiming to refine resource estimates and advance proprietary processing technology.

Mithril Silver and Gold Limited reports impressive high-grade silver and gold intercepts from initial drilling at Target 5 within the Copalquin District, Mexico, confirming a new silver-rich zone with ongoing exploration underway.