Latest Resource Definition News

Santa Fe Minerals has initiated a significant drilling campaign at its Satama Gold prospect, aiming to define a JORC resource across a 2.5km strike length. The program combines diamond and reverse circulation drilling to test promising gold lodes at depth and along strike.

Toubani Resources has delineated 1.6km of new oxide gold mineralisation at its Kobada South area near the process plant, with high-grade drill results expected to boost the upcoming Mineral Resource Estimate update.

Kuniko Limited has identified multiple walk-up drill targets at its Gladstone West prospect in NSW, supported by strong gold-silver soil geochemistry and high-grade rock-chip results. Concurrently, Phase 1 drilling is underway at the Commonwealth Project, aiming to extend known mineralisation within a district-scale system.

Caprice Resources has launched a significant 5,000-metre reverse circulation drilling program at its Vadrians gold deposit, aiming to extend known high-grade zones and prepare for deeper drilling campaigns.

Gold Mountain Limited has reported significant lithium and gold anomalies at its Salinas South and Coroaci prospects in Brazil, highlighting promising exploration results that extend over several kilometres. The company plans further sampling and mapping to refine drill targets, reinforcing its strategic focus on lithium alongside rare earth elements.

Accelerate Resources has revealed multiple high-grade manganese discoveries grading up to 59.4% Mn along a newly defined 4km corridor at its Woodie Woodie North Project in Western Australia. The company plans maiden drilling after heritage clearances to test these promising targets.

Austral Resources is set to begin an 18-hole drilling campaign at its Rocklands project to enhance confidence in its copper-gold resource and optimise processing. Results expected through Q3 2026 will inform next steps in resource development and plant efficiency.

Kalgoorlie Gold Mining’s recent diamond drilling at Kirgella Gift and Providence deposits reveals thick gold mineralisation extending well below previous resource estimates, signalling promising vertical growth potential.

SQX Resources has more than doubled its ground position at the Williams Gold-Silver Project in Montana, securing extensive strike extensions of historically high-grade veins. This expansion sets the stage for a major exploration push in 2026.

New Frontier Minerals has executed a binding option to acquire a 90% interest in the Pomme Rare Earth Element and Niobium project in Quebec, partnering with Metallium to leverage advanced processing technology and expand its critical minerals footprint.

Middle Island Resources has revealed extensive polymetallic soil anomalies spanning 5km at its Tisovik target in Serbia’s Bobija Project, signalling a promising expansion of mineralisation. The company plans to intensify exploration activities starting March 2026 to unlock the area’s full potential.

Matsa Resources launches a major drilling campaign at Fortitude North targeting up to 1.85 million ounces of gold, supported by a $17.5 million loan facility from major shareholder Deutsche Balaton.