Latest Mining Jurisdictions News

SQX Resources has reported outstanding gold assay results from systematic channel sampling at its Red Bird Gold Project in Arizona, confirming high-grade continuity and promising bulk-tonnage potential. The company’s maiden drilling program is complete, with assay results expected soon.

Magnetic Resource NL has updated its scoping study for the Lady Julie Gold Project, significantly increasing the underground production target and extending the mine life. The revised plan also lowers underground mining costs and defers some capital expenditure by prioritising open pit operations.

Advance Metals reports outstanding silver-gold assay results from final drill holes at its Yoquivo Project, reinforcing expectations for a maiden JORC Mineral Resource Estimate. The high-grade, vertically extensive mineralisation highlights significant growth potential in the Pertenencia area.

Sheffield Resources has resumed mining and processing at its flagship Thunderbird Mineral Sands Mine following repairs to critical equipment, signalling a return to production at this major Western Australian asset.

European Resources Limited (ASX: ERE) has announced a $4.26 million renounceable entitlement offer to accelerate exploration and metallurgical work at its Korsnäs rare earth elements project in Finland. The offer is partially underwritten and includes attaching options, providing shareholders with a strategic opportunity amid significant recent resource growth.

Culpeo Minerals has restructured its payment schedule for the Lana Corina copper-molybdenum project, easing near-term cash demands while maintaining its path to majority ownership. Progress on community access agreements signals a return to drilling activities in early Q2 2026.

Nelson Resources has initiated advanced geophysical surveys at its Gold Point Project in Nevada, aiming to unlock extensions of historically rich gold and silver veins ahead of maiden drilling in Q2 2026.

OD6 Metals has significantly expanded its claim holdings around the Quinn Fluorspar Project in Nevada, securing promising new exploration targets including the large Dresser epithermal alteration zone. This move strengthens its position in a critical mineral district vital to US supply chains.

Fortuna Metals has appointed two seasoned technical consultants to fast-track resource development and metallurgical planning at its Mkanda rutile and graphite project in Malawi, signalling a move towards resource estimation and potential commercialisation.

Tungsten Mining NL is set to begin a substantial drilling campaign at its Mt Mulgine Trench deposit in May 2026, aiming to test and potentially expand its tungsten resource amid soaring global prices.

Blaze Minerals has secured a binding agreement to acquire up to 90% interest in three extensive Botswana exploration projects, targeting copper, nickel, and precious metals within world-class geological belts. Field activities are set to commence imminently, marking a significant step in the company’s growth strategy.

GreenTech Metals has completed its Phase 1 drilling program at the Munni Munni PGE-Cu-Ni Project ahead of schedule by leveraging well-preserved historical drill core, advancing towards a modern resource estimate.