Latest Mining Jurisdiction News

Godolphin Resources has released a Scoping Study for its Lewis Ponds project in NSW, revealing strong economics with a 12-year mine life and a pre-tax NPV of AUD$481 million under conservative metal prices.

Golden Mile Resources has validated the Aurora Prospect within its Pearl Copper Project as a significant new gold target, with follow-up rock chip sampling revealing multiple high-grade gold assays. The extensive mineralised footprint and geological indications suggest promising potential for a large-scale deposit.

AusQuest Limited has significantly expanded the copper mineralisation at its Cangallo Project in Peru, extending the porphyry system to over 1,500 metres with promising assay results. Further drilling is planned to explore depth and lateral extensions, highlighting the project's growing potential.

Podium Minerals has appointed mining heavyweight Neal Froneman as Non-Executive Chairman, alongside key executive promotions, setting the stage for accelerated development of its Parks Reef PGM Project in Western Australia.

Alice Queen Limited has successfully raised an additional $280,000 from unrelated investors, increasing the size of its tranche two placement to fund key exploration projects and working capital.

FIN Resources has raised A$3.75 million to fund a maiden diamond drilling program targeting shallow, high-grade gold at its newly acquired Cabin Lake Gold Project in Canada’s Northwest Territories. Drilling is set to begin in early March 2026, aiming to validate historic results and explore new targets along a 15km mineralised corridor.

Ordell Minerals has reported compelling shallow gold mineralisation results from its recent drilling at the Barimaia Gold Project, with high-grade intercepts confirming the prospect’s open-pit potential. Drilling will recommence shortly to expand these zones and explore new targets along a significant strike length.

Resolution Minerals has announced a significant new gold discovery at its Golden Gate South prospect in Idaho, extending the known mineralised strike length beyond the established Golden Gate North deposit. Early drilling results reveal broad, near-surface gold mineralisation with promising multi-commodity potential.

Altair Minerals has revealed major untested geophysical anomalies at its North Peters gold project in Guyana, highlighting significant potential to expand its high-grade mineralisation footprint. Historic surveys and drilling data point to compelling targets ahead of planned drilling in Q1 2026.

Mandrake Resources has received a US$1 million grant from the US Department of Energy to advance lithium exploration in Utah’s Paradox Basin, validating its Utah Lithium Project and strengthening partnerships with leading US research institutions.

FIN Resources Limited has upgraded and confirmed the reliability of historical gold assays at its Cabin Lake project in Canada, setting the stage for a maiden drilling program. The re-sampling results reveal stronger and more continuous mineralisation than previously understood.

West Coast Silver’s latest diamond drilling at Elizabeth Hill reveals extraordinary silver grades and expands the known mineralised footprint, highlighting significant exploration upside in Western Australia’s Pilbara region.