Latest Mineral Resources News

Rimfire Pacific Mining has confirmed the Currajong Prospect as a promising new high-grade scandium opportunity, supported by historic drill data. The company plans an extensive drilling campaign in early 2025 to further define this resource within its Fifield project portfolio.

Predictive Discovery Limited has raised A$69.2 million through a strategic placement with the Lundin Family and Zijin Mining, bolstering its financial position to advance the Bankan Gold Project in Guinea.

Santana Minerals has reported promising diamond drilling results at its Rise and Shine deposit in New Zealand, revealing minor pit extensions and high-grade intercepts that could refine mine planning and resource estimates.

Black Canyon Limited’s recent infill drilling at the KR2 Prospect confirms thick, high-grade manganese zones, underpinning a potential upgrade from Inferred to Indicated Mineral Resource status and promising improved project economics.

WIN Metals has reported significant exploration success at its Butchers Creek Gold Project, with step-out drilling confirming the resource remains open at depth and extending mineralisation 260 metres beyond previous limits.

Aeris Resources reported steady copper equivalent production and improved cost management in Q2 FY25, overcoming operational challenges at Tritton. The company advances resource development and feasibility studies, positioning for growth.

Savannah Goldfields Limited has announced a $9.91 million equity raising to fund the restart of mining operations and regional expansion in Far North Queensland. The company targets resuming production in H1 2025 with a focus on optimising costs amid a strong gold price environment.

Flynn Gold Limited has unveiled a maiden exploration target of approximately 0.5 million ounces of gold at its Golden Ridge Project in Tasmania, alongside ongoing drilling programs aimed at expanding its high-grade gold and silver resource base.

OzAurum Resources has announced a significant new high-grade gold discovery at its Mulgabbie North Gold Project in Western Australia, revealing multiple shallow intercepts that could expand its existing resource base.

Medallion Metals Limited has secured $6.5 million through a placement to support its strategic acquisition of Forrestania Nickel Operation assets and advance the Ravensthorpe Gold Project, positioning the company for a final investment decision by late 2025.

Nova Minerals' 2024 exploration at the RPM Regional area reveals high-grade gold samples, including a standout 52.3 g/t Au, highlighting significant resource potential at the Estelle Project in Alaska.

Astral Resources NL has initiated an off-market takeover offer for Maximus Resources Limited, proposing one Astral share for every two Maximus shares. The Maximus Board unanimously recommends acceptance, highlighting a significant premium and strategic consolidation benefits.