Latest Resource Definition News

Sun Silver Limited has launched an ambitious 2026 drilling campaign at its Maverick Silver Project in Nevada, deploying four diamond core rigs to upgrade and expand its mineral resource while advancing metallurgical studies.

Askari Metals reports strong Phase 1 trenching results at its 100%-owned Uis Project, confirming continuous high-grade polymetallic mineralisation including tin, lithium, tantalum, rubidium, and caesium. These findings bolster confidence ahead of planned drilling in H2 2026.

Enegex Limited has reported multiple strong gold intercepts from its first aircore drilling campaign at the Kalama Bave prospect in Côte d’Ivoire, confirming a broad and high-grade mineralised system near surface.

Andean Silver Limited has reported exceptional drilling results at its Cerro Bayo Silver-Gold Project in Chile, with assays revealing grades up to 1,523g/t silver equivalent. These findings support a resource upgrade and underpin ongoing restart studies.

Miramar Resources has revealed significant shallow gold mineralisation extending over 600 metres at its Highway Prospect within the Gidji JV Project near Kalgoorlie, including high-grade intercepts up to 9.45g/t Au. The company is advancing plans for resource evaluation and further drilling to capitalise on these promising results.

Sierra Nevada Gold has established a wholly owned Saudi subsidiary, Arabian American Minerals LLC, to spearhead exploration at the As Safra copper-gold project, aligning with Saudi Arabia’s Vision 2030 and preparing for imminent drilling.

American Tungsten & Antimony Ltd has begun a low-cost refurbishment of its Dutch Mountain tungsten mill in Utah, aiming to restart production swiftly and ease regional processing bottlenecks.

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.