Latest Mineral Resources News

Minrex Resources has kicked off a fully funded 7,000-metre drilling program at its high-grade Barje Deposit in Serbia, aiming to convert inferred resources to indicated and update project economics by year-end.

Sunstone Metals continues to expand its Bramaderos gold-copper resource in Ecuador, with recent drilling at Porotillo delivering long, consistent mineralised intersections outside the existing 3.6Moz resource. The company aims to upgrade a significant exploration target to a JORC resource later this year.

WIN Metals has boosted its Radio Gold Project resource by 21% to 49,600 ounces at 4.2 g/t, underpinning plans for a near-term development decision backed by increased resource confidence and ongoing mining studies.

Lachlan Star has delivered further high-grade gold hits from its maiden diamond drilling at New Waverley, confirming a shallow, continuous quartz vein system with strike potential beyond 800 metres. A substantial reverse circulation drilling campaign is poised to expand the discovery.

Revolver Resources has completed the detailed 3D earthworks and facilities design for its Dianne Copper Mine Project, advancing procurement for key processing equipment and edging closer to a Final Investment Decision.

Morella Corporation’s latest drilling at Mt Edon delivers broad and continuous rubidium mineralisation with high-grade pockets, setting the stage for its first JORC Mineral Resource Estimate.

Forrestania Resources has updated its MacPhersons deposit resource to 73,800 ounces, pushing its global JORC-compliant gold resource past the one million ounce mark. This milestone underscores the company’s growing footprint in Western Australia’s Eastern Goldfields.

Magnum Mining has advanced its auger drilling campaign at the Piracanjuba North Target, completing 161 holes over 7.4 km² and preparing for key Exploration Target and JORC Resource milestones later this year.

ASF Group has divested its non-core coking coal subsidiary for A$3.08 million, aiming to refocus capital towards growth and working capital enhancement.

European Resources has identified six fresh passive seismic anomalies outside prior survey bounds at its Korsnäs rare earth project, prompting an exploration area increase and ongoing survey phases.

Coda Minerals has secured $6.7 million through an oversubscribed placement to fast-track its Pre-Feasibility Study at Elizabeth Creek, underpinning key technical and environmental programs.

Barton Gold has raised $25.5 million through an institutional placement, fully funding critical feasibility studies and resource upgrades across its Challenger, Tunkillia, and Tolmer projects in South Australia.