Latest Mineral Resources News

Australian Vanadium Limited has received a $4.9 million milestone payment from the federal government, advancing its integrated vanadium project aimed at supporting domestic battery energy storage solutions.

Neometals Ltd has initiated an 8,300-metre drilling campaign targeting high-grade gold zones at its 100% owned Barrambie Gold Project in Western Australia, aiming to unlock new resource potential and advance towards production.

Savannah Goldfields reports promising high-grade gold assay results from its latest drilling campaign at Big Reef Extended, reinforcing the Georgetown Project’s near-term mining potential.

Ausmon Resources has completed a 23-hole aircore drilling program at its Parrakie tenement in South Australia, revealing encouraging preliminary rare earth element concentrations. The results pave the way for further exploration and resource definition in the Limestone Coast REEs Project.

Adelong Gold has initiated a diamond drilling program at its Lauriston Gold-Antimony project in Victoria, targeting historic high-grade gold and antimony mineralisation. The initial 3,000m campaign aims to test structural analogies to major Victorian gold systems with assay results expected by year-end.

Winsome Resources has resolved a regulatory hurdle to receive 17.65 million shares in Power Metals Corp, increasing its stake to 16.15% and reinforcing its position in critical minerals. Combined with a strong cash balance, this move strengthens Winsome’s liquidity and strategic outlook.

Flagship Minerals’ review of Anglo American’s dataset reveals a 5km by 1.2km gold-in-soil anomaly at the Pantanillo Gold Project in Chile, significantly larger than current drill coverage and supporting plans to upgrade the resource estimate.

Turaco Gold has confirmed a significant high-grade gold discovery at its Adiopan prospect within the Afema Project, with drilling results pointing to substantial resource growth ahead of a major update. The company’s Pre-Feasibility Study remains on track, supported by a strong cash position.

Premier1 Lithium Limited has announced a renounceable pro-rata entitlement offer to raise approximately $1.84 million, alongside plans to rebrand as Erebus Resources Limited pending shareholder approval. The capital raise is partially underwritten and aims to fund exploration at key projects and support general working capital.

Kuniko Limited has raised A$1.52 million through a rights issue shortfall and top-up placement, fully funding Stage-1 exploration at its Commonwealth Gold-Silver Project in NSW. Exploration activities, including geochemical sampling and airborne geophysics, are now underway in the prolific Lachlan Fold Belt.

Greenwing Resources has unveiled a scoping study for its Que River polymetallic project in Tasmania, outlining a low capital expenditure route to potentially generate A$63 million in cash flow within a year. The study leverages existing infrastructure and highlights significant exploration upside beneath existing pits.

Capstone Copper reports promising Phase 1 drilling outcomes at its Mantoverde mine in Chile, revealing higher-than-expected copper grades and confirming mineral continuity. The company plans an ambitious Phase 2 drill program targeting resource growth in the northern corridor.