Latest Resource Definition News

Midas Minerals has reported new high-grade copper and silver intercepts from infill drilling at its T-13 Deposit in Namibia, confirming continuity and expansion potential of the mineralisation. An updated resource estimate is anticipated later this year.

Carnaby Resources has extended its high-grade Trek 1 Footwall Lode at the Greater Duchess Project, delivering a 38m intercept at 1.9% copper equivalent and keeping the discovery wide open for further growth.

Sunstone Metals continues to deliver promising gold-copper intersections at its Bramaderos project in Ecuador, with recent Porotillo drilling reinforcing potential to expand the current 3.6Moz resource ahead of a resource update later this year.

Terrain Minerals is progressing steadily towards a maiden Mineral Resource Estimate (MRE) for its Lightning Gold Project, targeting July 2026. Key technical and regulatory milestones are being ticked off, underpinning the project’s transition from exploration to resource definition.

Stelar Metals (ASX:SLB) is accelerating exploration at its Hill of Leaders Tungsten Project in the Northern Territory, aiming to capitalise on soaring tungsten prices and critical mineral demand driven by Chinese export restrictions.

Heavy Rare Earths Limited has cleared a key cultural hurdle with the Dieri Aboriginal Corporation, paving the way for a 25-hole maiden drill campaign at its South Ridge tin project in South Australia. The program aims to convert promising historic high-grade intersections into a maiden resource estimate, pending environmental approvals and road repairs after unprecedented rainfall.

GBM Resources has reported high-grade gold intersections outside the current 309 deposit resource at its Twin Hills project, reinforcing the potential for resource growth and advancing development plans.

TG Metals is accelerating development at its Lake Johnston Lithium Project amid improved lithium prices, with mining lease applications and resource drilling approvals underway for the Burmeister deposit.

Australian Gold and Copper Ltd (ASX:AGC) has intersected a 6.5m semi-massive chalcopyrite zone at its Evergreen project, marking its broadest copper interval to date in the South Cobar Basin. The company aims to deliver an initial resource estimate for Evergreen by July while continuing to extend its 38.5Moz silver-equivalent Achilles deposit.

Legacy Iron Ore Limited has wrapped up Phase I mining at Mount Celia, pivoting to develop a heap leach processing facility while reporting a 77% surge in measured and indicated gold resources. The company also progresses its Mount Bevan iron ore joint venture amid ongoing exploration and feasibility studies.

Enova Mining has engaged renowned Brazilian rare earth specialist Alexandre da Rocha to accelerate development of its East Salinas ionic adsorption clay project, following promising high-grade drilling results.

Scorpion Minerals has secured a $2 million option agreement with Andel Resources, granting exclusive rights to mine and process gold from the Old Prospect tenements, marking a pivotal step from exploration to production.