Latest Mining And Exploration News

Tolu Minerals has completed a new access road to its Tolukuma Gold Mine, enabling vehicle access from Port Moresby and slashing operational costs by over 75%. This infrastructure milestone also opens vast new exploration opportunities and benefits local communities.

Lake Resources N.L. has had its trading suspension lifted following the release of a capital raising announcement, signaling renewed market activity for the lithium explorer.

Resolution Minerals has explained its decision to disclose an unsolicited $225 million offer from Snow Lake Resources for its Horse Heaven Project, despite the offer being non-binding and Snow Lake’s market cap being significantly lower. The company also detailed its recent advisor change amid NASDAQ listing plans.

Torque Metals has reported a significant high-grade gold intercept extending mineralisation beyond the current Paris Gold Project resource boundary, supported by advanced geophysical surveys.

Diablo Resources has commenced its first-ever drilling campaign at the Phoenix Copper Project in Utah, targeting two promising prospects with strong surface copper indications. The fully funded program aims to unlock new copper resources near a major producing mine.

Litchfield Minerals Limited has launched a $1.5 million capital raising to fast-track exploration at its Northern Territory copper-zinc projects, including the advanced Oonagalabi asset. Recent drilling and geophysical surveys highlight promising mineralisation and near-term growth potential.

Magnetite Mines Limited has updated its Razorback Iron Ore Project, revealing a 6.6 billion tonne mineral resource and progressing key strategic partnerships and approvals to support green steelmaking ambitions.

Key Petroleum Limited has appointed Yan Zhao as Managing Director, bringing over two decades of mining and exploration expertise to the helm. The move signals potential strategic shifts amid a modest remuneration package.

Gibb River Diamonds reports strong Phase 1 grade control drilling results at the Neta Gold Prospect, confirming high-grade gold mineralisation from surface and setting the stage for imminent mining activities.

Black Canyon Limited reports compelling assay results from its Wandanya manganese discovery, confirming shallow, thick, and high-grade mineralisation over a 2km strike. The company plans to launch Phase 3 drilling to further define this promising resource.

Great Boulder Resources has reported significant high-grade gold intersections extending the Ironbark deposit 180 metres south, with assays up to 39.5g/t Au, suggesting a substantial resource expansion potential.

Golden Deeps Ltd reports outstanding high-grade copper, zinc, silver, lead, and germanium results from its Central Otavi Project in Namibia, revealing two mineralised corridors analogous to the historic Tsumeb deposit.