Latest Resource Definition News

Andean Silver Limited has delivered exceptional high-grade drilling results at its Cerro Bayo Silver-Gold Project in Chile, including a standout intercept of 268g/t gold and 3,045g/t silver over 1.4m at the Trinidad vein. The company is advancing resource upgrades and preparing for the first district-wide drilling campaign in two decades.

Black Canyon Limited reports strong assay results confirming shallow, high-grade manganese and iron mineralisation at its Wandanya Project, with expansion drilling extending the manganese horizon 400m south and revealing further targets to the north and east.

Nelson Resources appoints Nicholas Ong to its board while progressing underground drilling at its Gold Point project in Nevada, with assay results pending and a second drilling phase imminent.

Krakatoa Resources (ASX: KTA) has raised $1.6 million through a placement to fund its 2026 drilling and development program at the Zopkhito Antimony-Gold Project. The capital will support efforts to convert a foreign resource estimate into a JORC-compliant Mineral Resource Estimate, alongside metallurgical and environmental studies.

Advance Metals delivers standout gold assays at Happy Valley and unveils a detailed 3D geological model, enhancing exploration precision across its Victorian gold projects.

Union Star Metals has locked in a binding option agreement with Lionex Metals Group for its Kalgoorlie Gold Project, potentially netting up to A$890,000. The deal aligns with Union Star’s strategy to streamline Australian assets and refocus on its Nevada gold and silver ventures.

AuMEGA Metals appoints Rafael Gradim as President, replacing Michael Skead, to spearhead exploration across its significant Newfoundland gold portfolio.

Tarrina Resources has extended gold mineralisation beyond historic workings at Christmas Gift, revealing high-grade intersections including 0.5m at 42.26 g/t Au and validating historic data with modern drilling.

Gold Hydrogen gears up for critical Ramsay Project flow testing of Natural Hydrogen and Helium, while advancing a green methanol feasibility study with Mitsubishi Gas Chemical.

Lion Rock Minerals (ASX: LRM) has expanded its high-grade rutile footprint at the Minta Project in Cameroon, revealing a 130km² residual rutile corridor with peak rutile grades up to 72.7% heavy mineral and natural rutile nuggets exceeding 98% TiO2 purity.

Fortuna Metals has produced a premium-grade rutile concentrate exceeding 96% TiO2 from its Mkanda project in Malawi, marking a significant step toward establishing itself as a global supplier of titanium and graphite.

AuKing Mining has confirmed widespread carbonatite intersections across 21 reverse circulation drillholes at its Tundulu Rare Earth Project in Malawi, setting the stage for diamond drilling to begin in July.