Latest Mining Resource Updates News

Minerals 260’s latest drilling results at Bullabulling reinforce the continuity of its 6.2Moz gold resource, with standout high-grade intercepts supporting resource upgrades and expansion potential across multiple deposits.

Patagonia Lithium’s Well 7 delivers strong porosity alignment between core and gamma surveys, with lithium levels near project averages. Preparations for Well 8 pump testing advance, while plans for Well 9 await regulatory approval.

Midas Minerals has pushed the boundaries of its Spaatzu Prospect at Otavi, Namibia, with consistent high-grade copper and silver intercepts now confirmed along a 1.2km strike. The discovery enhances the project’s resource potential ahead of planned updates in early 2027.

Great Southern Mining has reported significant down-dip and down-plunge extensions to its Mon Ami gold resource near Laverton, highlighted by a 16-metre intercept grading 3.37 g/t gold. The results reinforce Mon Ami’s potential as a near-term development project with further assays pending.

Prospect Resources reveals significant copper extensions at Nyungu Central, with wide intercepts outside current resource boundaries, while maiden drilling at Sharamba shows promising visual mineralisation.

Southern Hemisphere Mining has reported substantial copper sulphide mineralisation at its Llahuin project in Chile, with drill intercepts confirming a large porphyry system and prompting a resource upgrade.

Paterson Resources has boosted its Inferred Mineral Resource Estimate at the Grace Gold Project to 200,000 ounces, revealing shallow, high-grade gold mineralisation with strong open cut potential.

Nexus Minerals has completed its Branches Prospect drilling campaign with strong assay results confirming continuity of a northwest-trending gold system. These findings position Branches alongside Clement and Payns to contribute to an updated Wallbrook Mineral Resource Estimate due in September.

Turaco Gold’s latest deep drilling at Woulo Woulo Deposit confirms a substantial 250-metre vertical extension of higher-grade gold mineralisation, potentially expanding the 1.7Moz resource and underpinning a larger mining footprint.

Great Boulder Resources has reported significant high-grade gold intersections extending the Side Well resource beyond 1.02 million ounces, with standout assays including 82.8g/t Au at Eaglehawk and 18.1g/t Au at Ironbark. Drilling continues to define new zones and expand strike length.

Prospect Resources has reported thick, high-grade copper intercepts beyond the existing resource at Nyungu Central, underscoring the deposit's growth potential within the Mumbezhi Copper Project in Zambia.

Odyssey Gold has unveiled high-grade gold hits at the new Shackle target and reinforced mineralisation continuity at Bollard within its Tuckanarra Project, signalling fresh resource growth potential.