Latest Mineral Resources News

Kuniko Limited has extended the high-grade mineralised system at its Silica Hill prospect by approximately 100 metres through Phase 2 diamond drilling, highlighting significant resource growth potential ahead of a planned update.

Osmond Resources has reinforced the continuity of high-grade critical minerals at its Orión project in Spain, with drill hole SOR-07A delivering promising assay results. The company is on track to release its maiden Mineral Resource Estimate and Scoping Study by Q3 2026, supported by robust mineral processing testwork and a new Frankfurt listing.

Latitude 66 Limited has agreed to sell its non-core Piastri Project to Capricorn Metals for A$1.5 million in shares, enabling a sharper focus on its core Finnish and Western Australian assets.

Capricorn Metals has secured the Piastri Project adjacent to its Golden Range tenure for $1.5 million in shares, opening up a largely untested 15.2 km² area near the Ricciardo deposit for gold and antimony exploration.

Challenger Gold has raised A$85 million and revamped its leadership to accelerate development of the Hualilán Gold Project, shifting from toll treatment to an integrated mining and processing operation backed by a new 35,000-metre drilling campaign.

GBM Resources has validated a major extension of the gold-bearing Milled Matrix Breccia horizon well beyond the existing 309 deposit at Twin Hills, Queensland, reshaping the project’s exploration potential.

Accelerate Resources has identified over 200 manganese outcrops spanning nearly 10 hectares at its Woodie Woodie North Project, with rock-chip assays hitting up to 58.4% manganese. The company is gearing up for its maiden reverse circulation drilling campaign in September 2026.

Carnaby Resources has released final drill results from the Greater Duchess Project, confirming two key discoveries with significant copper-gold mineralisation. The company is advancing development plans ahead of a proposed Evolution Mining acquisition.

AIC Mines has confirmed a high-grade copper-gold shoot at its Brumby prospect near the Cannington mine, with drilling intersecting up to 14.4% copper over 10.5 metres within a broader mineralised zone.

Adavale Resources' latest assays from five drill holes reveal consistent, wide gold mineralisation beneath the London-Victoria open pit, reinforcing expectations for a resource upgrade this quarter.

West Coast Silver (ASX:WCE) has revealed substantial extensions to its Elizabeth Hill silver deposit, with diamond drilling intersecting wide, near-surface zones of silver mineralisation beyond the current resource estimate. These results underpin plans for a resource update and scoping study later this year.

Corazon Mining (ASX:CZN) has kicked off a 2,000m reverse circulation drilling program at its Wembley gold prospect within the Feather Cap Project, aiming to test the continuity of historically high-grade, shallow gold mineralisation and explore a broader structural corridor in Western Australia’s Bryah-Padbury Basin.