Latest Mineral Resources News

Eastern Resources Limited has secured a farm-in agreement to earn up to 80% interest in Queensland’s Marengo Gold Project, a historically rich goldfield with promising high-grade assays and multiple exploration targets.

Broken Hill Mines has completed underground access to the high-grade Main Lode ore body at its Rasp Mine, delivering exceptional drilling results and targeting first ore extraction by November 2025.

Terrain Minerals has reported robust high-grade gold intersections from its latest drilling at the Lightning prospect within the Smokebush Project, reinforcing the potential for a significant new gold system in Western Australia.

Venari Minerals has completed a $4.1 million placement, bolstering its efforts to advance key lithium and gold projects, including a maiden resource estimate at Red Mountain.

Advance Metals Limited has responded to an ASX query clarifying its compliance with disclosure rules and marketing practices, while updating on its funding status and capital raise plans.

Encounter Resources has announced an initial inferred copper resource of 2.9 million tonnes at 0.8% copper at its Yeneena Project in Western Australia, highlighting the potential of the extensive Parbo copper system and setting the stage for further drilling in 2026.

iTech Minerals has raised $1.4 million through a Share Purchase Plan, exceeding its $1 million target, to fund key drilling projects in the Northern Territory alongside a recent $2 million placement.

Aldoro Resources has announced a significant 85% increase in the inferred mineral resource at its Kameelburg Rare Earth Element-Niobium project in Namibia, now totalling 520.61 million tonnes at 2.49% TREO equivalent. This positions Kameelburg as a globally strategic deposit with substantial high-grade zones and excellent infrastructure access.

Savannah Goldfields completes drilling at Big Reef and advances exploration at Electric Light, targeting resource expansion and imminent mining at Georgetown.

Advance Metals Limited has reported significant upgrades to gold grades at its Happy Valley Prospect in Victoria, Australia, following a re-assay program using the more precise screen fire method. Ongoing drilling aims to extend mineralisation deeper and along a broader regional trend.

Paterson Resources has announced a $2 million capital raising via a placement and a non-renounceable entitlement offer, aimed at advancing its Grace Project in Western Australia. The offer includes new shares priced at $0.018 each and free attaching options, with proceeds earmarked for drilling, studies, and working capital.

Resolution Minerals has secured US Forest Service approval to extend and expand its drilling program at the Horse Heaven project in Idaho, doubling planned holes and increasing land holdings by 600 acres.