Latest Mineral Resources News

Iltani Resources has reported compelling assay results from its recent drilling at the Orient Silver-Indium Project, revealing significant silver-equivalent mineralisation that may connect the previously separate Orient West and East resources. The company is advancing with further geophysical surveys and drilling to expand and define this promising zone.

Winsome Resources has reported strong assay results from its 2025 drilling campaign at the Adina Lithium Project in Quebec, confirming thick, high-grade near-surface lithium mineralisation and advancing resource confidence ahead of a Feasibility Study.

Prospect Resources has completed the sale of its Step Aside Lithium Project in Zimbabwe for up to US$2.2 million, marking a strategic shift towards its larger copper venture in Zambia.

Alvo Minerals’ latest drilling at the Touro Prospect within its Palma Copper-Zinc Project confirms extended copper and zinc mineralisation, hinting at a potentially large volcanogenic massive sulphide system. Assay results are pending, with further drilling planned to test deeper targets.

Magnetic Resources NL reports significant thick, high-grade gold intersections at its Lady Julie North 4 deposit, boosting the Laverton Project resource to 2.14 million ounces. New drilling reveals a rapidly expanding fourth high-grade core zone with strong underground potential.

Venus Metals Corporation has acknowledged an on-market takeover bid from QGold at $0.17 per share, matching the last closing price. The Venus Board advises shareholders to take no immediate action as they assess the offer’s value against the company’s substantial asset base.

Venari Minerals has reported strong lithium assay results from its October drilling campaign at the Red Mountain Project in Nevada, completing the central zone dataset ahead of a maiden Mineral Resource Estimate expected next month.

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.

Magnetite Mines has cleared a crucial regulatory hurdle as its Razorback Iron Ore Project’s Mining Lease Proposal passes the South Australian Government’s validity assessment, paving the way for detailed technical review and public consultation.

Brightstar Resources outlines a bold growth strategy targeting over 200,000 ounces of annual gold production by 2029, leveraging its Western Australian assets and aggressive drilling programs. The company’s recent feasibility studies and acquisitions position it as a rising gold producer in the region.

Cauldron Energy’s latest drilling campaign at Manyingee South significantly extends uranium mineralisation, revealing a more complex palaeochannel system and setting the stage for a resource update in early 2026.

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.