Latest Mineral Resources News

Canadian Phosphate (ASX: CP8) secured $5.2 million through a rights issue and follow-on placement, positioning itself to accelerate exploration and development across key projects in Canada and the US.

Everest Metals Corporation (ASX: EMC) has completed a 3,078m grade control drilling program at its Mt Dimer Taipan Gold Project, delivering multiple high-grade gold intersections and advancing mining operations ahead of a resource update targeted for Q3 2026.

Dundas Minerals has delivered high-grade gold assay results from 1m re-assays at its Rockland project near Kalgoorlie, validating a mineralised corridor extending over 2km from Capricorn through Rockland. The company is gearing up for extensive drilling to test depth extensions and linkages along this emerging gold system.

Mount Ridley Mines has confirmed that high-grade scandium mineralisation at its Grass Patch Complex extends beyond the current Block 1 resource in all directions, based on re-assays of 481 historical drill samples. This expansion supports a resource upgrade and highlights the project's strategic importance amid tightening global scandium supply.

Classic Minerals has launched Supreme Court proceedings to affirm its 80% beneficial interest in gold rights at the Forrestania Gold Project, aiming to secure legal clarity as it advances mining development.

Cauldron Energy has identified a large, previously undetected palaeochannel adjacent to its Bennet Well uranium deposit, expanding exploration potential at the Yanrey Uranium Project in WA.

Toubani Resources has delivered a fresh batch of high-grade gold intercepts from its Kobada Gold Project in Mali, reinforcing the project's potential as it gears up for a Mineral Resource Estimate update in Q3 2026.

Western Australia's State Government has backed VRX Silica's land swap proposal at Muchea, unlocking access to a significantly larger high-grade silica sand resource with lower environmental impact and paving the way for downstream glass manufacturing.

OzAurum Resources has completed its extensive grade control drilling at Mulgabbie North, delivering consistent high-grade gold intercepts at shallow depths and progressing site civil works for heap leach infrastructure.

Rimfire Pacific Mining’s initial metallurgical tests at the Murga Scandium Deposit reveal promising scandium recoveries using atmospheric leaching, a less complex method than industry norms. The company has launched longer-term tests to validate these findings, potentially reshaping the economics of its Fifield scandium resources.

PTR Minerals has unveiled a substantial maiden Mineral Resource Estimate at its Rosewood Titanium Project, boasting 463 million tonnes at 8.8% heavy minerals, positioning it among the world’s top heavy mineral sand deposits.

Orpheus Uranium (ASX: ORP) is set to kick off its inaugural drilling program at the Erudina Uranium Prospect within the Frome Project, targeting a 10 km-long palaeochannel system with the aim of refining geological models and advancing towards a potential mineral resource.