Latest Resource Definition News

Advance Metals has drilled four consecutive holes hitting high-grade silver at its Gavilanes Project in Mexico, extending the mineralised system 55 metres south and confirming significant exploration upside ahead of a maiden JORC resource due in Q4 2026.

Elk Range Mining (ASX: ELK) has kicked off its first-ever 2,850-metre diamond drilling campaign at the Friday Gold Mine in Idaho, aiming to confirm historical high-grade gold and expand resource potential using existing infrastructure.

Flynn Gold is kicking off a 2,500m drilling campaign at its Brilliant Prospect in northeast Tasmania, aiming to convert promising trench assay results into a formal Mineral Resource and fast-track project development.

Toubani Resources reports robust high-grade gold intersections from pre-production drilling at its Kobada Gold Project, triggering a Mineral Resource Estimate update and advancing development plans toward mining in early 2027.

Midas Minerals has reported robust assay results from its first diamond drill hole at the Deblin deposit within Namibia’s Otavi Copper Project, revealing two substantial zones of high-grade copper sulphide mineralisation. The company is ramping up drilling efforts with plans to expand its rig fleet and expects further assay results later this year.

BPM Minerals has kicked off a record 20,000m reverse circulation drilling campaign at its Forelands Gold Project in Western Australia, targeting a maiden JORC-compliant resource at Beachcomber and preparing for maiden drilling at Bonnie & Clyde.

Coppermoly Limited's Managing Director and CEO Dickson Leah has resigned for personal reasons but will oversee a handover as the board searches for a successor. The company continues to focus on its expanding copper, gold, and critical minerals portfolio across Queensland and Western Australia.

Rimfire Pacific Mining has appointed Bronwyn Barnes as Executive Chair and secured $2.3 million in a placement to advance its scandium exploration and development strategy.

Krakatoa Resources has locked in $2.4 million through a strategic placement anchored by a $1.8 million investment from a Hong Kong private investor, funding the first 10% acquisition of the Zopkhito Antimony-Gold Project and accelerating its 2026 exploration program.

Connected Minerals (ASX:CML) is mobilising a ~6,000m reverse circulation and diamond drilling program at its Bailundo Carbonatite Project in Angola, aiming to define a maiden JORC Mineral Resource for niobium and rare earth elements.

eMetals Limited has secured all necessary approvals to begin a 17-hole diamond core drilling program at its Mineral Range Tungsten Project in Utah, targeting high-grade tungsten mineralisation within a historically productive mining district.

Trek Metals’ maiden drilling at Kuro returns multiple high-grade manganese intercepts including a standout 10m at 42.3% Mn, validating an extensive near-surface system with promising low penalty elements.