Latest Mineral Systems News

Ballymore Resources has significantly extended its Torpy’s silver-lead-zinc-indium discovery in North Queensland, identifying four new mineralised shoots beyond the historic mine area through recent drilling. With assays pending and multiple targets open, the Ruddygore Project’s potential continues to grow.

Axel REE has appointed Dr Patience Mpofu as Managing Director, positioning the company to advance its rare earths portfolio from exploration into commercial development with planned in-situ recovery trials.

DeSoto Resources has kicked off a substantial 10,000-metre power auger drilling program at its Timbakouna Gold Project in Guinea, aiming to test beneath lateritic cover and build on historic high-grade gold intercepts.

Kuniko Limited, Impact Minerals’ JV partner, is set to begin Phase 2 diamond drilling in early July 2026 at the Commonwealth-Silica Hill Gold-Silver Project in NSW, targeting extensions to recently discovered high-grade mineralisation.

TechGen Metals has cleared the final regulatory hurdle to begin maiden diamond drilling at its Blue Devil Project in WA, targeting large-scale copper-gold systems with government co-funding easing exploration costs.

American West Metals has struck a significant continuous 108.4m interval of high-grade indium mineralisation at its West Desert Project, expanding the known resource and confirming a large-scale skarn system with zinc, gold, silver, and copper by-products.

Constellation Resources has reported encouraging shallow copper-gold mineralisation from its maiden drilling at the Ularring project in Western Australia, with further exploration slated for the next field season.

Chalice Mining has outlined a compelling 2.5km copper-molybdenum-silver soil anomaly near Goomalling, WA, featuring rock chips with over 15% total rare earth oxides and strategic magnet rare earths. An initial drilling program is imminent.

Litchfield Minerals' latest drilling at Oonagalabi reveals broad copper-zinc mineralisation and an unusual nickel-molybdenum-bearing quartz vein, prompting refined geological models and planned advanced geophysical surveys.

Cosmo Metals has reported robust rock chip assays from its Everest-Mona-Victory Trend in NSW, revealing significant copper, gold, and silver mineralisation and advancing towards its first drill program.

FMR Resources has identified several large-scale magnetic intrusive centres beneath known copper-gold mineralisation at its La Lorena Project in Chile, setting the stage for drill testing in late 2026.

Hamelin Gold has kicked off a 3,000-metre reverse circulation drilling program at its Day Dawn project in Western Australia's Paterson Province, aiming to validate and extend the high-grade Aurora Lode. The company plans follow-up drilling phases and deeper diamond drilling to explore a potential Telfer-style gold system.