Latest Mining Jurisdiction News

Wia Gold advances its Kokoseb Gold Project with strong drilling results revealing new underground targets, a $92 million capital raise, and ongoing feasibility study progress.

Nova Minerals has completed engineering and design for its Estelle antimony pilot plant in Alaska, moving swiftly into procurement and construction with equipment en route to site.

Axel REE is progressing its low-cost in situ recovery (ISR) rare earth strategy in Brazil with field trials planned at its Woolrich deposit, while confirming ongoing assay programs with no undisclosed material information.

Odyssey Gold’s Stage 1 Scoping Study for the Tuckanarra Project outlines a low-capital, high-margin open-pit mining operation producing 79,000 ounces of gold over 29 months with pre-tax cashflows of A$180 million at A$6,000/oz gold price.

Tyranna Resources has secured $1.075 million through a discounted share placement and options, aiming to fund exploration and working capital for its Angola projects, including the Chinguar Gold Project.

Kuniko Limited is set to commence an expanded Phase 2 drilling campaign at its Commonwealth Gold-Silver Project in NSW, aiming to build on high-grade discoveries from Phase 1 and explore new targets along a 4km corridor.

Midas Minerals has unveiled new high-grade copper and silver drill results at its T-13 Deposit within the Otavi Copper Project, revealing an expanded footprint of premium mineralisation and a promising upgrade to its resource base.

NewPeak Metals has confirmed a significant polymetallic discovery at its Las Opeñas project in Argentina, with the first drill hole returning 663 metres at 0.41g/t gold equivalent including notable zinc and silver credits. The results position the company to advance towards a maiden resource declaration.

Sentinel Metals has locked in a $15 million institutional placement to fund its acquisition of the 1.01Moz Big Springs Gold Project in Nevada, positioning itself as a growing North American gold player.

Mandrake Resources has secured access to produce bulk lithium brine from a key Utah well, enabling critical technical evaluations that will underpin upcoming Scoping Studies and support development of its 3.3Mt lithium resource.

Midas Minerals has extended high-grade copper and silver mineralisation at its Spaatzu prospect within the Otavi Copper Project, Namibia, with assays confirming at least 800m strike length and multiple significant intercepts. Exploration across other Namibian projects also shows promising early-stage results.

Pursuit Minerals has kicked off diamond drilling at the Mito tenement, aiming to unlock a vast lithium brine system that could significantly boost its Rio Grande Sur resource. The drill program follows advanced geophysical work and a recent resource upgrade, positioning the project for potential long-term growth.