Latest Mineral Resources News

Livium Ltd has secured a A$663,000 R&D tax rebate for its subsidiary VSPC, pushing total FY25 rebates to A$1.4 million and reinforcing its push into advanced battery materials and recycling.

Askari Metals has raised $1.15 million to fund its first drilling campaign at the Nejo Gold and Copper Project in Ethiopia and to advance exploration at its Uis Project in Namibia. The placement, supported by new and existing sophisticated investors including company directors, positions Askari to accelerate its African exploration strategy.

Caprice Resources has initiated the air core drilling phase of its fully funded 20,000m Phase 4 campaign at the Island Gold Project, targeting extensions of the Vadrians deposit and new gold-bearing formations. This multi-rig effort aims to advance the project towards a maiden Mineral Resource Estimate amid strong regional gold prospects.

Savannah Goldfields reports promising assay results from its Georgetown Gold Project, highlighting a significant gold intercept at the Electric Light Prospect and completion of a key drilling program.

Prospech Limited has launched a 1,600-metre diamond drilling campaign at its Korsnäs rare earth element project in Finland, supported by promising passive seismic survey results that highlight potential new mineralised zones.

Austin Metals has identified promising new banded iron formation (BIF)-hosted gold targets at its Brunswick Hill Prospect, showing striking geological parallels to Caprice Resources’ high-grade Vadrians Deposit. The company plans targeted drilling in early 2026 to test these high-priority zones within its extensive Austin Gold Project tenure.

Northern Star Resources commits A$225 million to its FY26 exploration program, revealing promising drilling results and new prospects across key assets including Kalgoorlie, Yandal, Pogo, and the newly acquired Hemi Development Project.

Ardiden Ltd has completed its merger with Lac Gold, combining two premier Canadian gold projects and raising $10 million to fund upcoming drilling programs. The merger creates a stronger, cash-rich entity poised for growth in Quebec and Ontario.

Terra Metals’ latest drilling results at the Dante Project’s Reef 2 reveal thick, continuous high-grade mineralisation from surface, reinforcing the potential for significant resource growth beyond the current 148 million tonne estimate.

Broken Hill Mines is ramping up mining and processing at its high-grade Blackwoods Main Lode ore body, unveiling exceptional drilling results that hint at substantial resource growth beyond current estimates.

Global Lithium Resources has released a Definitive Feasibility Study for its Manna Lithium Project, confirming robust financials and a long mine life in Western Australia. The study sets the stage for a Final Investment Decision in 2026 amid improving lithium market conditions.

VBX Limited has received all assay results from its 2025 infill drilling program at the Wuudagu B bauxite deposit, confirming consistency with previous resource estimates and setting the stage for updated resource modeling and potential inclusion in the definitive feasibility study.