Latest Mineral Resources News

Capricorn Metals Ltd has reported a substantial 41% increase in the Ore Reserve Estimate at its Mt Gibson Gold Project, driven by ongoing drilling that continues to deliver exceptional high-grade results and promising underground potential.

Many Peaks Minerals has revealed promising auger drilling results at its Ferké Gold Project in Côte d'Ivoire, identifying extensive new drill-ready gold anomalies and advancing diamond drilling to expand high-grade zones.

Brightstar Resources has initiated ore haulage from its Laverton Hub under a key Ore Purchase Agreement, setting the stage for its first gold pour in March 2025 and positioning the company for growth amid record gold prices.

New World Resources has identified a significant gold-rich alteration zone at its Antler Deposit, promising to boost the project's resource base and economic outlook ahead of a planned resource update and DFS in late 2025.

Warriedar Resources has reported promising assay results from its maiden aircore drilling program at the Golden Range Project, successfully delineating major shear zones and revealing high-grade gold mineralisation that could signal new regional discoveries.

29Metals delivered a solid December 2024 quarter, meeting production and cost targets while strengthening its balance sheet through a $180 million equity raising and senior debt refinancing. The company is poised to extend its Golden Grove mine life with the Gossan Valley investment.

Burley Minerals has reported robust iron assay results from its Cane Bore Iron Project, significantly enlarging prospective drilling areas and advancing towards a maiden drilling program pending heritage and regulatory approvals.

Asara Resources has resumed exploration activities at its flagship Kada Gold Project in Guinea, appointing key technical consultants and preparing for a targeted drilling program to upgrade its mineral resource estimate.

Antipa Minerals Ltd reports multiple high-grade gold and copper intersections from its Minyari Dome Project, reinforcing the potential for significant resource expansion. The latest drilling results highlight near-surface mineralisation and set the stage for an advanced economic study.

Metals Australia Ltd reported robust progress in its December 2024 quarter, including a drilling permit award and a threefold land increase at its Lac Carheil Graphite Project, alongside advancing prefeasibility and metallurgical studies. Exploration success at Corvette River and Warrego East further underscores the company’s diversified critical minerals and gold portfolio.

Castle Minerals Limited reports robust gold intercepts from recent drilling at its Kandia Prospect in Ghana, confirming mineralisation continuity and depth extension with promising implications for resource growth.

Tungsten Mining NL has reported significant high-grade tungsten and copper mineralisation from its recent drilling campaign at the Hatches Creek Project, setting the stage for a maiden Mineral Resource estimate in the March quarter.