Latest Mineral Systems News

DeSoto Resources has identified two priority soil anomaly zones at its Timbakouna Project in Guinea’s Siguiri Basin, setting the stage for targeted drilling after airborne magnetics surveys and infill sampling.

DPM Metals has reported robust high-grade gold-copper-silver intercepts from its Wedge Zone Deep prospect beneath the Chelopech mine, aiming for a resource estimate by year-end 2026.

West Cobar Metals (ASX: WC1) has secured a district-scale copper position in the Cobar Basin by adding EL9915, home to the Blind Freddie prospect featuring a >2.5km copper-gold anomaly. The company plans extensive drilling in 2026 to test multiple concealed copper targets including Lilyvale and Bulla Park.

Mount Ridley Mines has launched its first major metallurgical testwork program at the Grass Patch Heavy Rare Earth Element Project, targeting processing pathways for its regolith-hosted rare earth, scandium, and gallium mineralisation.

Dalaroo Metals has secured government approval for two key exploration licences, significantly enlarging its Blue Lagoon Project in Greenland and reinforcing its position in a critical minerals hotspot.

Neometals’ latest geophysical survey at Barrambie reveals several high-priority copper drill targets near historic workings, setting up a June drilling campaign.

Encounter Resources has identified a new copper zone at its Elsa prospect in Western Australia's Paterson Province, prompting an expansion of its drilling program to better delineate the breccia system.

Golden Horse Minerals has uncovered numerous high priority copper, cobalt, and uranium targets at its Sorrel Copper Project in the Northern Territory, setting the stage for an active dry season exploration campaign alongside a strategic review to maximise project value.

West Cobar Metals (ASX: WC1) has bolstered its Cobar Basin footprint with the granting of EL9912, unveiling a gravity anomaly at Lilyvale that outstrips its Bulla Park deposit and signals potential for a new concealed copper district.

Aldoro Resources has reported its longest continuous mineralised intercept at the Kameelburg project in Namibia, delivering 503.98 metres at 1.30% TREO and confirming robust multi-commodity mineralisation on the eastern flank of the carbonatite.

Critical Resources has lodged an application to extend its Croesus gold-tungsten permit in New Zealand, targeting a broader tungsten system with historic grades up to 42.6% WO3. This move comes as tungsten prices surge over eightfold due to global supply constraints.

Middle Island Resources has significantly extended the polymetallic soil anomaly at its Bobija Project in Serbia, uncovering a major silver-lead-zinc-antimony system consistent with a carbonate replacement deposit. High-grade assays and visible stibnite mineralisation highlight the project's growing potential near an operating mine.