Latest Mineral Resources News

IRIS Metals Limited has made substantial progress in its South Dakota lithium projects, completing critical drilling phases and expanding its land holdings through strategic acquisitions, supported by a recent $4.27 million capital raise.

Nico Resources has progressed its Wingellina nickel-cobalt project through updated resource estimates, detailed metallurgical testwork, and a strategic review of scandium extraction, even as nickel market conditions remain subdued.

Athena Resources reports strong assay results from Byro South and produces a premium 70.55% iron concentrate, advancing its green iron ambitions through a strategic partnership to develop the Mid West Green Iron Project.

Canyon Resources confirms the Minim Martap Bauxite Project as a world-class asset with robust economics and begins construction ahead of first shipment in mid-2026.

Empire Resources has completed a 42-hole air core drilling campaign at its Yuinmery Project, targeting copper-gold mineralisation, with assay results pending. Recent reverse circulation drilling has already revealed encouraging copper-gold intercepts, underpinning the company’s exploration momentum.

Savannah Goldfields Limited has reported promising high-grade gold intercepts from recent drilling at its Electric Light Prospect in North Queensland, with plans for further exploration and metallurgical testing underway.

Early drilling results from the Llahuin Project’s Southern Porphyry target reveal encouraging copper-gold mineralisation and key geological indicators, validating the prospect’s potential for a major discovery.

Kaiser Reef Limited has announced a significant 29% increase in Ore Reserves at its Henty Gold Mine in Tasmania, extending mine life beyond six years and targeting annual production above 30,000 ounces of gold.

Leeuwin Metals has raised A$5.8 million to fund an aggressive 10,000m drilling campaign targeting extensions of high-grade gold mineralisation at its Marda Gold Project, with assays pending from 31 holes and ongoing geophysical surveys.

Black Canyon Limited reports robust September quarter progress at its Wandanya manganese and iron project, revealing extensive high-grade mineralisation and securing $10 million to accelerate development.

Accelerate Resources has secured an earn-in agreement to acquire up to 80% of the Iron Bound prospect, expanding its Balagundi Gold Project near Kalgoorlie with granted mining tenure and historic gold workings.

Alicanto Minerals has raised approximately $3 million through a share placement to fund exploration at its Falun and Sala projects in Sweden and to pursue potential acquisitions.