Latest Mining News

Buxton Resources has reported compelling partial leach assay results from its Centurion Project drillhole CN002DD, revealing high silver concentrations alongside elevated base metals, suggesting promising nearby mineralisation.

Stellar Resources has secured 100% ownership of the Granite Tor Project in northwest Tasmania, adding a promising tin and rare earth elements exploration asset adjacent to its Heemskirk Project. Historical sampling highlights significant tin and cerium anomalies, setting the stage for further exploration.

Tambourah Metals has raised $3 million through a strategic placement led by Tribeca Investment Partners, boosting funds for its Beatty Park South gold exploration program to $4.5 million.

Ballard Mining has achieved a critical milestone with full permitting for its Mt Ida Gold Project, including approval to build a 2.0 million tonnes per annum processing plant and tailings facility. This final green light positions the project for development and potential expansion.

Koba Resources has identified a new high-grade uranium prospect, Delord, at its Yarramba Uranium Project in South Australia, with drill results exceeding 1,000ppm eU3O8. This discovery reinforces the project's potential and sets the stage for further exploration.

Castle Minerals has launched a comprehensive soil sampling program in Côte d’Ivoire alongside accelerated auger drilling in Ghana, targeting prolific Birimian gold terranes to uncover new mineralisation.

Carnavale Resources’ updated Scoping Study for the Kookynie Gold Project reveals a doubling in project value and robust economics, supporting a five-year mine life with 93,000 ounces of gold production.

Auravelle Metals has verified very high-grade gold mineralisation at its Sheoak prospect in South Australia, with assays up to 25.4 g/t Au from detailed resampling. Follow-up drilling results are imminent, signaling a potential step-change for the Nuckulla Hill Gold Project.

Golden Deeps Ltd reports exceptional high-grade copper, silver, zinc, and germanium results from its Graceland Prospect in Namibia, setting the stage for targeted drilling of Tsumeb-style deposits.

Platina Resources Limited has addressed ASX concerns over a sharp rise in its share price and trading volume, confirming no undisclosed information is driving the activity. The company points to recent project acquisition and heritage clearance announcements as possible catalysts.

Rumble Resources has successfully completed a non-renounceable entitlement offer, raising nearly A$2 million despite a modest 39% take-up on entitlements and a significant scale-back on shortfall applications.

Audalia Resources has completed a $500,000 placement to a sophisticated investor, issuing 20 million shares to fund critical development stages at its Medcalf Project. The capital injection aims to advance mining design, permits, and approvals while bolstering working capital.