Latest Mineral Resources And Exploration News

Rimfire Pacific Mining has completed 54 air core holes at its Murga Exploration Target, with assays due mid-January and a maiden mineral resource estimate expected in March 2026. The program aims to expand Rimfire’s scandium inventory in Australia’s Fifield district.

Galileo Mining secures a $1 million payment as its lithium joint venture with Mineral Resources enters a two-year earn-in suspension, reshaping the Norseman project's exploration timeline.

Skylark Minerals has acquired a high-grade gold portfolio in Côte d'Ivoire, including a flagship project with a 364,600-ounce inferred resource, marking a significant step in its West African growth strategy. The company is fully funded to accelerate exploration in early 2026, targeting resource expansion and new discoveries.

Atomic Eagle Limited has begun trading on the ASX following a transformative merger, backed by a strong $20 million cash position to advance uranium exploration in Zambia. The company’s renewed strategy targets resource expansion at its flagship Muntanga Uranium Project.

Mammoth Minerals has delivered promising initial diamond drilling results at its Excelsior Gold Project in Nevada, confirming extensive high-grade gold mineralisation and validating its geological targeting model.

Sunstone Metals has announced a significant 33% increase in the Bramaderos Gold-Copper Project resource to 3.6 million ounces gold equivalent, alongside expanded exploration targets that hint at further growth potential.

Alvo Minerals has intercepted a 13-meter zone of massive sulphide mineralisation including copper in its first diamond drillhole at the Touro Prospect, part of its Palma Project in Brazil. This promising discovery extends over a 1km strike and sets the stage for further exploration.

Encounter Resources has uncovered a new high-grade niobium and rare earth element zone 500 metres east of its Crean resource, highlighting the expanding potential of the Elephant Island Fault corridor in Western Australia.

Skylark Minerals has agreed to acquire a portfolio of gold projects in Côte d’Ivoire, including the flagship Zaranou Project with a JORC-compliant inferred resource of 364,600 ounces. This deal positions Skylark as a significant emerging player in West Africa’s gold sector.

Gorilla Gold reports robust drilling results from its Comet Vale Gold Project, setting the stage for a significant December 2025 resource update. The company’s exploration success at Cheer, Lakeview, and Sovereign prospects highlights promising high-grade gold intercepts.

Ballard Mining Limited has released a comprehensive investor update following its July 2025 IPO, highlighting a robust 1.1 million ounce gold resource at Mt Ida and a strong cash position of $40 million. The company outlines ambitious exploration targets and development plans aiming to extend mine life beyond a decade.

Everest Metals has initiated a 2,500m drilling campaign at its Mt Dimer Taipan Gold Project to upgrade and extend its mineral resource ahead of mining operations scheduled for late 2025.