Latest Mineral Resources News

Ora Banda Mining Limited reports a 24% increase in Ore Reserves and a Mineral Resource growth to 2.11 million ounces at its Davyhurst Gold Project, setting the stage for an ambitious $73 million exploration program in FY26.

DeSoto Resources has revealed promising soil sampling results from its Tole and Dadjan projects in Guinea’s Siguiri Basin, identifying new gold anomaly zones that set the stage for upcoming maiden drilling campaigns.

Askari Metals has agreed to sell its Australian gold assets to Forrestania Resources for A$700,000, enabling a strategic pivot towards its promising African exploration projects.

Golden Deeps Ltd has identified further high-grade copper mineralisation at its Graceland Critical Metals Prospect in Namibia, with new channel sampling revealing extensive mineralised zones. An upcoming Induced Polarisation survey aims to pinpoint drilling targets for critical metals including copper, silver, and germanium.

Hamelin Gold reports encouraging shallow gold mineralisation at its Fremlins South prospect in Western Australia’s West Tanami, with ongoing drilling programs expanding exploration across multiple targets.

Fortuna Metals has secured two key exploration licences in Malawi’s emerging rutile province, positioning itself next to Sovereign Metals’ world-class Kasiya deposit. The company also appoints Tom Langley as CEO to spearhead exploration efforts.

Hillgrove Resources has completed its Nugent Acceleration Project ahead of schedule, boosting underground development and early ore processing. However, the company has lowered its 2025 copper production guidance and raised cost estimates due to geological challenges.

Tesoro Gold’s updated Scoping Study for the El Zorro Gold Project in Chile highlights a technically straightforward open pit operation with strong economics, projecting 1.26 million ounces of gold production over 13.5 years.

Pacgold’s latest drilling at the Alice River Gold Project reveals high-grade gold intersections, including visible gold up to 42.3 g/t, supporting a potential Mineral Resource Estimate upgrade. Regional drilling continues with promising targets ahead.

Benz Mining reports robust drilling results at Zone 126 within its Glenburgh Gold Project, confirming a multi-lens, kilometre-scale high-grade gold system with significant growth potential.

Forrestania Resources has confirmed high-grade gold mineralisation at its Lady Lila prospect, upgrading the JORC-compliant resource to over 40,000 ounces. A third drilling campaign is planned to further expand the deposit.

Resouro Strategic Metals updates the timing for its non-brokered private placement, aiming to close in the week of 15 September 2025. The funds will accelerate engineering work for the Tiros Titanium-Rare Earths Project’s Preliminary Economic Assessment.