Latest Resource Definition News

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.

Cauldron Energy has announced a significant new uranium discovery at its Manyingee North prospect, with high-grade mineralisation intersected in all recent drillholes, suggesting a substantial expansion of its Yanrey Uranium Project resource base.

Lightning Minerals Ltd is set to launch a fully funded Phase 2 drilling campaign at its Mt Turner Gold Project in Queensland, following Phase 1 success that revealed a large mineralised system along a 12km strike of the Drummer Fault.

Norwest Minerals updates its West Arunta exploration strategy following a doubling of silver prices and a high-grade discovery at Dales Gossan, setting the stage for a major 2026 drilling campaign.

QX Resources has contracted New Resolution Geophysics to conduct a detailed airborne radiometric survey at its Madaba Uranium Project in Tanzania, aiming to refine exploration targets ahead of maiden drilling in early 2026.

Terrain Minerals has completed a $1.42 million placement in December, topping up an earlier October raise to fully fund its upcoming drilling campaigns and maiden JORC resource estimate.