Latest Quartz News

Iceni Gold’s initial RC drilling at Goose Well confirms historic gold mineralisation and reveals a major fault structure that could unlock broader potential. Diamond drilling is set to refine the geological picture and target high-grade shoots.

Strickland Metals has unveiled an updated Mineral Resource Estimate for its Shanac Deposit in Serbia, now totalling 5.35 million ounces gold equivalent, including a maiden indicated resource of 1.25 million ounces. The resource shows strong grade continuity and remains open for expansion.

Tennant Minerals has intersected a thick zone of intense copper-gold-bismuth mineralisation at its Bluebird discovery, extending the high-grade resource footprint and underpinning plans for further exploration and metallurgical testing.

Accelerate Resources (ASX: AX8) has kicked off a 1,500m aircore drilling program at its high-priority Fluffy Prospect within the Balagundi Gold Project, marking the first drilling at this target in over three decades. The program targets extensions of historic gold mineralisation and fresh zones identified through recent geophysical and geochemical surveys.

Legend Mining has identified significant chargeable-resistive features at its Pinnacle Well Project, enhancing gold prospectivity at Alpha North and Pyrophyllite Hill. The company is progressing drill approvals aiming for a July start, supported by a solid $10.2 million cash balance.

New Murchison Gold Limited (ASX:NMG) has reported compelling high-grade gold intercepts from a recent drilling campaign at its Crown Prince East Pit, boosting prospects for reserve expansion near its operating Crown Prince Gold Mine in Western Australia.

Southern Hemisphere Mining and partner FMR Resources have reported broad gold-copper-molybdenum mineralisation at the Southern Porphyry target in Chile, confirming a large porphyry system. Despite fertile intrusive phases intersected, the mineralised core remains elusive, setting the stage for targeted Phase II drilling.

EV Resources (ASX: EVR) pushes forward its Mexico Antimony Hub with 11 diamond drill holes completed at Los Lirios, a new near-surface vein discovered, and Tecomatlán plant refurbishment progressing toward a 2H 2026 start.

BMC Minerals has cleared a key regulatory hurdle for its Kudz Ze Kayah polymetallic project in Yukon, receiving a positive Decision Document that enables progression to final permitting and targets a 2027 Final Investment Decision.

Infinity Mining (ASX:IMI) has pinpointed significant gold and copper anomalies in the Pilbara, with historic samples hitting 240 g/t gold and 7.8% copper. The company plans surface sampling and drilling this winter, while appointing geologist Steven Wood to its board.

FMR Resources has reported assay results from three diamond drillholes at the Southern Porphyry target within its Chilean Llahuin Project, confirming a large, vertically extensive porphyry-related hydrothermal system. While the causative porphyry core remains untested, elevated gold and molybdenum values suggest proximity, prompting plans for a focused Phase II drill program.

SQX Resources continues to impress with thick, high-grade gold intercepts near surface at its Red Bird project in Arizona, reinforcing open-pit potential ahead of further assays and geophysical work.