Latest Resource Definition News

Loyal Metals has intersected 60 metres of rich chalcocite copper mineralisation near the surface at its Highway Reward Project, confirming the presence of extensive copper-gold deposits and advancing exploration efforts with a third drill underway.

Altitude Minerals has confirmed promising heavy mineral sands prospectivity at its Nilpinna Tenement in South Australia, with assays revealing heavy mineral grades as high as 12.5%. The discovery opens a new frontier for exploration in the Eromanga Basin.

Estrella Resources has reported outstanding high-grade manganese assay results from its Ira Miri prospect in Timor-Leste, with grades reaching as high as 58% manganese and strong continuity across multiple drill holes. These findings reinforce the project’s potential as a significant sedimentary manganese deposit.

Voltaic Strategic Resources confirms a significant 1.2km surface rare earth element and gallium anomaly at its Soren prospect within the Paddys Well Project, setting the stage for an extensive 2026 drilling and geophysical campaign.

IRIS Metals Limited has voluntarily suspended trading of its shares on the ASX pending a significant capital raising announcement expected next week.

Tesoro Gold’s initial diamond drilling at the La Brea Target within Chile’s El Zorro Project reveals significant gold mineralisation, echoing the early signatures of the nearby 2 million ounce Ternera deposit. The results set the stage for expanded exploration across this highly prospective district.

Askari Metals advances its flagship Nejo Project in Ethiopia with strong government backing and a planned maiden drilling campaign targeting high-grade gold zones. The company is well funded and poised for a busy 2026 exploration season.

Australian Gold and Copper Ltd has released its inaugural Mineral Resource Estimate for the Achilles deposit in NSW's South Cobar region, revealing a substantial 38.5 million ounces silver-equivalent resource. This milestone underscores the company's growing footprint in precious and base metals exploration.

Venari Minerals has reported strong assay results from its October 2025 drilling campaign at the Red Mountain Lithium Project in Nevada, confirming broad zones of high-grade lithium mineralisation that underpin its upcoming maiden resource estimate.

MetalsGrove Mining has raised $2.7 million through an oversubscribed placement to kickstart exploration at its Central West Gold Project in Côte d’Ivoire, aiming to unlock value in a prolific gold belt.

Verity Resources has wrapped up a major 10,860-metre drilling program at its Monument Gold Project, aiming to upgrade and expand its gold resource in Western Australia’s Laverton Goldfields.

Krakatoa Resources has reported strong visual antimony mineralisation from underground and surface drilling at its Zopkhito project in Georgia, extending the option period by 12 months to advance resource definition and transaction milestones.