Latest Mineral Resources News

Metal Bank Limited (MBK) has announced its first formal gold resource estimate at the Seven Leaders Starter Pit, marking a pivotal step towards production in 2026. The 6,300-ounce resource underpins a strategy to leverage existing infrastructure and minimise capital costs.

Galan Lithium advances its Hombre Muerto West project with key infrastructure in transit and construction progressing ahead of schedule, targeting lithium chloride production in the first half of 2026.

Western Yilgarn NL has secured critical access rights for its Cardea 2 Bauxite Project, enabling immediate fieldwork, while simultaneously initiating ground exploration at the Ida Holmes Junction Project targeting key critical minerals.

Westgold Resources is set to demerge its non-core Reedy and Comet gold projects into a new ASX-listed entity, Valiant Gold, aiming to unlock value and fast-track cash flow through a strategic ore purchase agreement.

Osmond Resources has reported strong assay results from its third drill hole at the Orión EU Critical Minerals Project, reinforcing the potential for a globally significant deposit of titanium, zirconium, and rare earth elements. The findings support ongoing development plans targeting EU supply chain needs.

Godolphin Resources has significantly upgraded its Lewis Ponds deposit, increasing total tonnage by 78% and gold content by 34%, setting the stage for an upcoming scoping study.

Future Metals NL has completed strategic planning that enhances its flagship Panton PGM Project’s value, driven by a 35% rise in platinum group metal prices and expanded exploration programs. The company is also advancing infrastructure options and strengthening its management team to accelerate development.

Fortescue Ltd has announced a binding agreement to acquire the remaining 64% of Alta Copper, gaining full control of the Cañariaco Copper Project in Peru. The deal values Alta Copper at C$139 million and aligns with Fortescue’s expanding copper strategy.

Strickland Metals reports new diamond drilling results confirming extensive shallow copper-gold mineralisation at its Copper Canyon Deposit, reinforcing its strategic role within the Rogozna Project. The company plans a resource update next year amid ongoing drilling and strong funding.

Far East Gold has confirmed and extended high-grade gold mineralisation at its Sua prospect in Papua, Indonesia, with recent drill results revealing new bonanza-grade zones and promising resource potential.

Green & Gold Minerals has reported compelling high-grade gold drill results from its Mt Wandoo prospect, significantly extending known mineralisation and uncovering new zones within the Chillagoe Gold Project.

Minerals 260 Limited has reported exceptional high-grade gold intercepts at its 4.5Moz Bullabulling Gold Project in Western Australia, highlighting significant resource growth potential beyond the recent estimate. The latest drilling results reinforce the project's robust mineralisation continuity and set the stage for an updated resource estimate in 2026.