Latest Resource Definition News

Moonlight Resources has reported strong Phase 2 drilling results at its Leo Grande Prospect, confirming extensive near-surface gold mineralisation and advancing towards a maiden resource estimate.

Hawk Resources has clinched a Mineral Exploration Agreement with Ngaanyatjarrra Traditional Owners for its Olympus Scandium Project, clearing a key hurdle ahead of planned Q2 2026 exploration. Historical data points to a significant scandium anomaly that could define a new province in Western Australia.

Patagonia Lithium has cleared key environmental hurdles for its Formentera and Cilon mines in Argentina, advancing permits for a 1,000 tonne demonstration plant while drilling hits 150m depth at Well 7.

Odyssey Gold’s metallurgical testwork on weathered material from its Cable deposit starter pit has delivered a rapid 95.9% gold leach recovery, supporting early mining potential at the Tuckanarra Project in WA.

Medallion Metals has kicked off reverse circulation drilling at Lounge Lizard and Teddy Bear within its Forrestania Gold Project, validating high-grade historical results and targeting a maiden resource by Q3 2026.

Adavale Resources (ASX:ADD) is intensifying its drilling campaign at the London Victoria gold mine, delivering promising high-grade results and expanding its footprint with new tenure acquisitions. The company targets a mid-year resource update amid ongoing assay releases and greenfield exploration.

Fortuna Metals has appointed mineral sands marketing veteran Ian Hind to lead its marketing strategy as it ramps up drilling at the Mkanda and Kampini rutile projects in Malawi, aiming to advance resource definition and commercial viability in 2026.

OD6 Metals has secured a valuable historical dataset from Union Carbide to fast-track exploration and resource definition at its Quinn Fluorspar Project in Nevada, cutting costs and timelines significantly.

Pacgold has confirmed new shallow gold mineralisation at its Vertigo deposit within the White Dam Project, suggesting a potential increase to its Mineral Resource Estimate. Infill drilling results support upgrading resource confidence, with further drilling planned to refine the resource and support mine planning.

Rox Resources has finished dewatering the Youanmi Main Pit and is advancing underground mining and infrastructure, positioning the project on track for production.

Connected Minerals Limited (ASX:CML) confirms it disclosed its binding acquisition of Frontier Group CRM and associated $4.5 million capital raising promptly after finalising agreements, addressing ASX concerns over earlier market activity.

Audalia Resources has secured $450,000 through a share placement to push forward mining design and regulatory approvals at its Medcalf Project.