Latest Mineral Resources And Exploration News

Rapid Critical Metals has initiated a 2,000m diamond drilling campaign at its Webbs Silver Project in NSW, aiming to upgrade its resource to 2025 JORC standards and explore new high-potential silver targets.

Critical Resources Limited has significantly expanded its Mavis Lake Lithium Project in Ontario through strategic acquisitions, enhancing its position in North America's lithium supply chain. Recent drilling results and multi-commodity prospects underscore the project's growth potential.

Gorilla Gold has announced a significant shallow high-grade gold discovery at its Happy Jack Prospect within the Comet Vale Project in Western Australia, revealing new parallel mineralised structures and expanding the project's exploration potential.

Perseus Mining has formalised key agreements with Tanzania to advance its Nyanzaga Gold Project, targeting first gold production in early 2027. The project promises low-cost output and robust returns amid ongoing resource expansion efforts.

Metal Bank Limited is fast-tracking gold production at its Livingstone project in Western Australia, leveraging near-surface resources and existing processing infrastructure, while advancing copper and critical minerals exploration in Saudi Arabia.

Pacgold Limited advances its Northern Queensland footprint with a maiden 900,000-ounce gold resource at Alice River and a new high-grade antimony acquisition at St George, positioning itself amid critical mineral supply challenges.

Variscan Mines has successfully completed the initial phase of its $2.5 million capital raise, bolstering funds for advancing its Novales-Udias zinc-lead project in Spain.

Benz Mining Corp. has raised A$30 million through a bought deal placement, enabling a significant ramp-up in drilling at its Glenburgh Gold Project in Western Australia. The company plans to deploy four rigs to explore both bulk tonnage and high-grade gold targets.

Great Boulder Resources has identified multiple new gold targets at its Side Well project in Western Australia through a recent geophysical survey, setting the stage for accelerated drilling activity with a second rig arriving soon.

Peak Minerals confirms a vast, high-grade rutile system at its Minta Rutile Project in Cameroon, with every drill hole intersecting heavy minerals and plans underway for a maiden resource estimate.

Rumble Resources has announced a maiden tungsten resource of 13,200 tonnes of WO3 at its Western Queen Project, complementing its existing high-grade gold assets and highlighting significant growth potential.

Cobre Limited has released its first Mineral Resource Estimate for the Comet Deposit within Botswana’s Ngami Copper Project, revealing significant copper and silver resources with promising economic extraction potential.