Latest Resource Definition News

Elixir Energy has successfully completed its Teelba 2D seismic survey in Queensland’s Taroom Trough, acquiring critical data that could underpin a new contingent gas-condensate resource.

Fortuna Metals Limited (ASX:FUN) reports a major high-grade rutile discovery at its Mkanda project in Malawi, positioning itself to meet rising demand from aerospace and emerging robotics sectors amid a tightening global titanium market.

Latitude 66 Limited has completed a significant Phase 2 drilling campaign at its Laverton Gold Project, targeting resource expansion and structural clarity at the Red Dog and Tin Dog prospects. Assay results are expected soon, potentially shaping the project's next exploration phase.

Forrestania Resources has agreed to acquire a substantial gold tenement package in Western Australia’s Eastern Goldfields, including the Karonie Gold Project with an inferred resource of 111,100 ounces. The $5 million deal combines cash and shares, reinforcing Forrestania’s regional growth strategy.

PhosCo Ltd has confirmed a significant phosphate mineralisation discovery at its DOH prospect within the Gasaat Project in Tunisia, highlighting the project’s potential as a world-scale phosphate source. This discovery complements pending maiden resource estimates at nearby prospects, reinforcing Gasaat’s strategic value amid global fertiliser supply pressures.

Western Mines Group has signed a Memorandum of Understanding with Magnium Australia to explore supplying magnesite from the Mulga Tank Project for low-carbon magnesium metal production. This collaboration could add a new revenue stream by monetising a previously overlooked magnesite cap.

Waratah Minerals reports significant new high-grade gold intersections at its Spur Gold Project in New South Wales, extending known mineralisation and accelerating its drilling program with nine rigs active.

Catalina Resources is wrapping up a 1,600-metre drilling campaign at its Breakaway Dam project in Western Australia, confirming a copper-rich volcanogenic massive sulphide system. Early results validate their targeting strategy and set the stage for further exploration.

Golden Dragon Mining has identified multiple high-priority gold targets across its expansive Cue Gold Project in Western Australia, following an independent review. Recent drilling campaigns at key prospects have concluded, with assay results eagerly awaited.

Australian Gold and Copper Ltd (AGC) reports a significant milestone with a 38.5 million ounce silver-equivalent resource at its Achilles deposit, underpinning an ambitious 2026 exploration program across the South Cobar Basin.

Magnum Mining and Exploration Limited has reported outstanding high-grade gold and copper assay results from its 2026 surface geochemical program at the Parker Project in Arizona, confirming extensive mineralised corridors and setting the stage for imminent drilling.

Mount Ridley Mines has announced a significant inferred mineral resource of heavy rare earth oxides at its Western Australian project, highlighting strong concentrations of critical elements dysprosium and terbium essential for advanced technologies.