Latest Mineral Systems News

True North Copper (ASX:TNC) has expanded its Mt Oxide copper-cobalt-silver system to a 2.3km strike length, unveiling a new ~300m wide mineralised zone at Chidna alongside multiple high-grade shoots at Aquila.

Lion Rock Minerals has revealed high-grade rare earth element mineralisation starting at surface at its Minta Project in Cameroon, with assays showing up to 21.15% TREO in saprolite and a magnet-rich rare earth basket. A large-scale drilling campaign is underway to further define this significant discovery.

Kalgoorlie Gold Mining’s recent RC drilling at Lighthorse has delivered its highest-grade intercept yet, alongside broad mineralised zones that hint at a significant concealed gold system in the Pinjin Project.

Kantra Copper has successfully expanded the Spitfire lode at its Kanmantoo mine, intersecting significant high-grade copper-gold mineralisation beyond previous resource boundaries. This underground drilling breakthrough sets the stage for a substantial resource update later this year.

Azzuro Resources has locked in high-grade copper-gold zones at its Red Hill project in Mongolia, extending mineralisation over 550 metres of strike and 150 metres depth with new zones identified and Phase 2 drilling underway.

Flynn Gold’s 2026 drilling at Firetower in northern Tasmania confirms multiple high-grade gold-tungsten-copper-cobalt zones, extending mineralisation depth and strike. Assays from two further holes are pending, with metallurgical testwork and resource modelling underway.

Cosmo Metals has initiated a systematic soil sampling campaign at its Plunkett & Cassidy antimony prospect within the extensive Antimony Gully Trend at Bingara, NSW, following rock chip assays up to 10.3% antimony. The program aims to delineate mineralised strike extensions and prioritise drill targets in a region hosting Larvotto Resources’ Hillgrove deposit.

Waratah Minerals has pushed the boundaries of its Consols Gold Zone in New South Wales, revealing a fresh shallow high-grade gold zone alongside substantial deeper mineralisation. Meanwhile, drilling at the Spur Project continues to expand the mineralised footprint northwards.

Brightstar Resources’ latest deep diamond drilling at Two Mile Hill within its Sandstone Gold Project has revealed a substantial mineralised tonalite unit with over 50 visible gold occurrences, suggesting significant potential for resource expansion.

Lightning Minerals has reinforced the Warby Tungsten Project's potential with Phase 2 rock chip assays showing five of six samples above 1% tungsten, peaking at 5.46%, and revealing polymetallic mineralisation including gold and tin. The company awaits further soil and drainage assay results to shape Phase 3 exploration.

Sierra Nevada Gold’s initial drilling at As Safra in Saudi Arabia reveals a substantial copper mineralised system over 800m strike, with multiple mineralisation styles and a vast district-scale potential. A major Phase 2 drilling campaign is set to commence within six weeks.

Western Mines Group has reported strong Phase 5 assay results from its Mulga Tank Project, revealing broad nickel sulphide intersections with promising grades of nickel, cobalt, copper, and platinum group elements that support a hybrid mineral system.