Latest Mineral Systems News

FMR Resources has enhanced its geological understanding of the La Lorena Project in Chile through a helicopter magnetic and radiometric survey, revealing new prospects and structural corridors that underpin a large-scale porphyry system.

Andean Silver Limited has delivered exceptional high-grade drilling results at its Cerro Bayo Silver-Gold Project in Chile, including a standout intercept of 268g/t gold and 3,045g/t silver over 1.4m at the Trinidad vein. The company is advancing resource upgrades and preparing for the first district-wide drilling campaign in two decades.

Pioneer Minerals has completed a critical airborne VTEM survey over its Springfield Tungsten-Gold-Gallium Project in Idaho, setting the stage for maiden drilling after integrating multiple datasets and securing key approvals.

Sierra Nevada Gold’s maiden drilling at As Safra in Saudi Arabia reveals a significant, continuous copper system with strong vertical and strike continuity along a 5.5km corridor. Phase 1 drilling is complete with promising assays, and a larger Phase 2 program is planned.

Daly Resources has won $150,000 in Northern Territory Government funding to conduct a major airborne electromagnetic survey at its Broughton copper-zinc project, aiming to refine exploration targets in the McArthur Basin.

Diablo Resources has secured final permits to start a maiden diamond drilling program at its high-grade North Star Prospect in Utah, targeting silver, antimony, and copper. The company also completed the second tranche of a $3.5 million placement to fund exploration and the Horn Silver acquisition.

Flynn Gold’s first modern drilling at the Silver King Trend in Tasmania confirms extensive high-grade silver-lead-zinc mineralisation, underpinning a promising district-scale exploration model.

Ballymore Resources has expanded its high-grade silver-lead-zinc-indium discovery at Torpy's through 22 drill holes and a detailed gravity survey, revealing multiple new targets across the Ruddygore Project. Assays and 3D modelling are expected soon to guide further exploration.

MRG Metals reveals strong total heavy mineral assay results from 57 auger holes at Fotinho, reinforcing a district-scale rare earth corridor across the Adriano-Fotinho area in Mozambique.

St George Mining delivers a new benchmark intercept of nearly 200 metres of continuous high-grade rare earths and niobium from surface at its Araxá project, reinforcing its scale and open-pit potential.

West Cobar Metals (ASX: WC1) has expanded the exploration potential of its Baxter Fluorspar Project after satellite spectral analysis revealed extensive alteration beyond historical mines, identifying new fluorite targets along a 3 km corridor. The acquisition, subject to due diligence, offers exposure to a critical US mineral supply chain.

Iceni Gold has secured a farm-in and joint venture agreement with Gold Fields, unlocking up to $10 million in exploration funding at the Everleigh-Tatong prospect within its 14 Mile Well Gold Project in Western Australia.