Latest Mining Resource Updates News

Horizon Minerals reports outstanding high-grade gold intersections from its ongoing drilling program at the Burbanks project, reinforcing resource confidence and paving the way for future mine development.

Verity Resources reports robust Phase 1 drilling results at its Monument Gold Project, validating historical data and supporting a resource upgrade. Phase 2 drilling is underway to expand high-grade zones along a largely untested 20km trend.

Adavale Resources has reported its strongest gold intercept in three decades at the London Victoria Gold Mine, revealing significant potential to expand its resource base well beyond current estimates. The company is gearing up for a second phase of drilling to further explore these promising findings.

Santana Minerals has reported a significant high-grade gold intercept extending the Rise and Shine deposit 250 metres down plunge, suggesting a potentially much larger orebody and longer mine life.

Prospect Resources has reported significant new copper assay results from its Phase 2 drilling at the Kabikupa deposit, extending mineralisation beyond 1km and confirming zones closer to surface and at depth. These findings bolster the Mumbezhi Copper Project’s resource potential ahead of an updated estimate due in Q4 2025.

Savannah Goldfields has reported highly anomalous gold assays from rock chip samples at its Big Reef prospects in North Queensland, prompting the start of a targeted drilling campaign to explore resource expansion.

Forrestania Resources has confirmed high-grade gold mineralisation at its Lady Lila prospect, upgrading the JORC-compliant resource to over 40,000 ounces. A third drilling campaign is planned to further expand the deposit.

Brightstar Resources has reported exceptional high-grade gold intercepts from recent drilling at its Lord Byron deposit, significantly exceeding expectations and prompting plans for further exploration.

TG Metals Limited has revealed new soil assay results that extend the gold mineralisation strike at its Van Uden project from 2.5 to 6.5 kilometres, setting the stage for imminent drilling. Historical shallow drilling had left much of this potential untested, offering a promising opportunity to expand the resource.

Adavale Resources has reported promising shallow, high-grade gold intercepts from its maiden drilling program at the London Victoria Gold Mine, reinforcing the potential to expand its current resource base. The company is advancing with a magnetic survey and planning a second drilling phase to further delineate the deposit.

Astral Resources has reported robust gold intercepts from its recent drilling at the Spargoville Gold Project, highlighting potential to expand existing resources beneath the 8500N palaeochannel deposit. Concurrent exploration at Mandilla and lithium targets at KOMIR JV further underpin the company’s multi-asset growth strategy.

Dreadnought Resources has reported exceptional high-grade gold intercepts from infill drilling at its Star of Mangaroon project, signaling a significant resource upgrade and improved project economics.