Latest Mineral Systems News

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.

New Age Exploration (ASX: NAE) has revealed a significant new shear-hosted gold discovery at its Lammerlaw Project in New Zealand, with drill hole LAMRC015 intersecting 24 metres at 1.66 g/t Au. This breakthrough expands the potential of the Lammerlaw Mineral Trend, a 5-kilometre prospective zone hosting multiple metals.

Hillgrove Resources has uncovered significant copper-gold mineralisation extending more than 100 metres below previous depths at the Kanmantoo Copper Mine, marking the deepest recorded intersection to date and reinforcing resource growth potential.

Ballymore Resources has expanded its gravity survey at the Ruddygore Project, revealing several high-priority targets beyond its flagship Torpy’s discovery. The results validate prior drilling and set the stage for a busy exploration campaign backed by government funding.