Latest Mineral Resources News

AuMEGA Metals has revealed a robust gold resource at its Cape Ray Project and identified promising new exploration targets, signalling significant growth potential in Newfoundland's gold sector.

Patagonia Lithium has advanced drilling at its Formentera lithium project in Argentina to 308 metres, revealing encouraging porosity and brine characteristics that suggest strong lithium potential. Six successful packer tests indicate increasing brine concentration and flow rates, with further drilling planned to deepen the resource understanding.

Orbminco Limited reports promising interim infill drilling results at its Majestic North Gold Project, confirming high-grade shallow gold zones and potential southern extensions. The company also secures $5 million in a two-tranche placement to accelerate resource delineation and development.

Hot Chili Limited has raised A$40 million through a heavily oversubscribed private placement to accelerate the development of its La Verde copper-gold discovery within the Costa Fuego project in Chile. The funding will support expanded feasibility studies, environmental approvals, and further drilling aimed at defining a higher-grade starter pit.

Cauldron Energy’s latest groundwater analysis at the Yanrey Uranium Project reveals low chloride and sulphate levels, affirming the site’s suitability for environmentally friendly in situ recovery uranium mining. This milestone supports the company’s plans to expand resources and advance towards production.

Livium Ltd announces a further A$335,000 distribution from its 50% stake in the LieNA joint venture, following receipt of a substantial R&D tax incentive rebate for FY25. The joint venture remains well-funded through FY27, supporting ongoing lithium extraction technology development.

West Coast Silver’s latest diamond drilling at Elizabeth Hill reveals extraordinary silver grades and expands the known mineralised footprint, highlighting significant exploration upside in Western Australia’s Pilbara region.

TG Metals Limited has reported strong new drilling results from its Van Uden Gold Project, confirming increased gold continuity and extensions to its existing resource. Diamond core drilling has commenced, aiming to further expand the mineral resource estimate.

Kairos Minerals has confirmed a significant extension to its Mt York gold mineralisation, with new drilling results revealing strong near-surface and deeper gold zones over an additional 1.2km strike. An updated resource estimate is expected in the first half of 2026.

Patagonia Lithium Ltd has successfully raised A$2.9 million through a private placement, aiming to fast-track drilling and feasibility studies at its flagship Formentera Project in Argentina.

Sunstone Metals has uncovered extensive high-grade gold-copper mineralisation at surface within its Bramaderos Project in Ecuador, setting the stage for a significant resource expansion. Drilling is imminent to convert a large exploration target into a defined resource, underpinning the company’s growth ambitions.

PMET Resources has reported its widest and highest-grade caesium intercepts to date at the Vega Zone within its Shaakichiuwaanaan Property, alongside confirming high-grade mineralisation at the newly discovered Helios Zone.