Latest Refining News

Gold Mountain Limited reports highly encouraging rare earth and gold assay results from its Varzedo Prospect in Brazil, confirming significant mineral potential and outlining plans for targeted follow-up exploration.

Mandrake Resources has received a US$1 million grant from the US Department of Energy to advance lithium exploration in Utah’s Paradox Basin, validating its Utah Lithium Project and strengthening partnerships with leading US research institutions.

Right Resources Limited’s maiden diamond drilling at the Pilot Project in NSW confirms a large-scale gold-copper mineralisation system, with multiple stockwork zones intersected and plans for deeper drilling underway.

Elevate Uranium has announced a significant upgrade to its Marenica Uranium Project in Namibia, doubling the resource grade and increasing contained uranium. This milestone enhances the project's development prospects and underpins the company's growth strategy.

Antipa Minerals has reported multiple new gold and copper discoveries at its Minyari Project in Western Australia, including a high-grade gold lode at Fiama and a significant copper trend at Yolanda. These findings bolster the project's resource base ahead of an updated Mineral Resource Estimate due in February 2026.

Brightstar Resources has reported impressive high-grade gold assay results from its 2025 drilling campaign at the Sandstone Hub, setting the stage for a significant Mineral Resource upgrade and Pre-Feasibility Study later this year.

Koonenberry Gold has reported promising Phase II drilling results at its Sunnyside Prospect, extending gold mineralisation to 415 metres vertical depth and revealing high-grade zones at depth. The company’s ongoing exploration efforts continue to highlight the potential for a significant gold system in New South Wales.

Tungsten Mining NL has launched a Project Economic Evaluation to explore accelerated development of its Watershed Project, leveraging existing approvals to potentially fast-track production in a tightening tungsten market.

Australian Critical Minerals Ltd has updated its Flint Gold-Silver Project presentation, confirming drill readiness with permits and funding secured for an initial diamond drilling program in Peru’s prolific epithermal belt.

AuMEGA Metals has revealed a robust gold resource at its Cape Ray Project and identified promising new exploration targets, signalling significant growth potential in Newfoundland's gold sector.

Patagonia Lithium has advanced drilling at its Formentera lithium project in Argentina to 308 metres, revealing encouraging porosity and brine characteristics that suggest strong lithium potential. Six successful packer tests indicate increasing brine concentration and flow rates, with further drilling planned to deepen the resource understanding.

Orbminco Limited reports promising interim infill drilling results at its Majestic North Gold Project, confirming high-grade shallow gold zones and potential southern extensions. The company also secures $5 million in a two-tranche placement to accelerate resource delineation and development.