Latest Mineral Resources News

Savannah Goldfields reports metallurgical test results showing over 70% gold recovery from sulphide ores at Electric Light and Red Dam, processed through the existing Georgetown plant. Historic data suggests flotation could boost recoveries above 94%, with further test work planned.

Benz Mining reports strong metallurgical test results from the Icon deposit, showing up to 95.5% gold extraction within 24 hours and potential for broader mineralised halo to contribute to mill feed.

Kingfisher Mining has completed significant drilling at its Broken Hill projects, confirming promising copper-gold and silver-lead-zinc mineralisation, with assay results due soon and further exploration planned.

Sweden's Parliament has amended legislation to remove uranium mining from nuclear facility regulations, simplifying permits and strengthening Aura Energy's prospects for its Häggån uranium deposit.

Kingston Resources is embarking on a 25,000m drilling campaign at its Mineral Hill polymetallic mine, aiming to extend mine life and boost production with a plant expansion from 350ktpa to 700ktpa.

Atomic Eagle's drilling at the Muntanga Uranium Project in Zambia has expanded key uranium mineralisation zones at Chisebuka, confirming continuity between deposits and setting the stage for upcoming drilling programs.

European Resources has significantly expanded the exploration potential at its Korsnäs rare earth project in Finland, increasing the Exploration Target by up to 190% to between 18 and 32 million tonnes at 0.8% to 1.0% TREO. This growth follows new passive seismic survey results and geological modelling extending mineralisation down to -400 m RL.

Caprice Resources reports metallurgical testwork on its Vadrians deposit achieving up to 94% gold recovery via conventional gravity and CIL processing, supporting a low-cost extraction pathway at its Island Gold Project.

Legacy Minerals has confirmed a new gold-silver epithermal mineralised system at its Mascotte Prospect, with assays showing gold grades up to 9.7g/t Au and significant base metals. The discovery lies entirely outside the current 1.2Moz AuEq Mt Carrington resource, opening the door for resource expansion.

Alice Queen’s Project Definition Study for Horn Island reveals robust economics, including a pre-tax NPV of A$706 million and an IRR of 109%, underpinning plans to advance to feasibility stages.

Solstice Minerals has broadened its exploration horizons at the Nanadie Copper-Gold Project in Western Australia, unveiling multiple new targets including the Stark prospect. Ongoing Phase 2 drilling aims to build on the existing 40.4Mt resource, while a strategic review of Eastern Goldfields projects is underway.

Barton Gold has increased its Phase 2 drilling at the Tunkillia Gold Project, with interim assays pointing to extensions and higher-grade zones that could boost resource size and project economics.