Latest Resource Definition News

Krakatoa Resources has launched its second underground drilling season at the Zopkhito Antimony-Gold Project, aiming to convert a foreign resource estimate into a JORC-compliant Mineral Resource Estimate while pushing early mine development.

WA Gold has kicked off a 3,680m reconnaissance drilling program at its Bullabulling Project, aiming to test the northern continuation of the Bullabulling Shear Zone adjacent to a 4.5 million ounce gold mine.

St George Mining delivers a new benchmark intercept of nearly 200 metres of continuous high-grade rare earths and niobium from surface at its Araxá project, reinforcing its scale and open-pit potential.

Koba Resources’ recent IP survey at the Stannex Prospect reveals robust chargeability anomalies aligned with high-grade tin mineralisation, setting the stage for an imminent 3,000m drilling campaign.

Rincon Resources has struck a $1.1 million joint venture deal with Maverick Minerals, divesting 90% of its West Arunta interest while retaining a 10% free-carried stake, freeing capital for its core Telfer South and Crackerbox projects.

Beacon Minerals has completed its largest drilling campaign to date at the Iguana deposit, delivering high-grade gold intercepts that underpin a forthcoming resource upgrade.

Tesoro Gold has accelerated its Definitive Feasibility Study and development readiness for the 1.82Moz Ternera deposit, forming strategic alliances and advancing financing plans.

Nexus Minerals has completed assay reporting for 33 reverse circulation drill holes at its Clement Prospect, delivering strong high-grade gold results and confirming the system remains open at depth. The findings underpin plans for a maiden Mineral Resource Estimate within the broader Wallbrook project update targeted for September.

Black Canyon has won a $264,800 WA government grant to fund a detailed gravity survey and deep RC drilling at its Wandanya manganese project, accelerating its path to a maiden resource estimate.

Li-FT Power has reported robust lithium intersections from 20 diamond drill holes at its Yellowknife Lithium Project, confirming and expanding known spodumene mineralisation across multiple pegmatite complexes.

Gold Mountain Limited has raised $4.5 million from a new institutional investor to accelerate exploration of its rare earth and lithium projects in Brazil.

EV Resources has verified continuous high-grade antimony mineralisation reaching 25.2% Sb at its Los Lirios Antimony Project through systematic underground channel sampling, underpinning plans for a maiden JORC Resource by year-end.