Latest Resource Definition News

Bayan Mining reports significantly enhanced rare earth element grades from follow-up surface sampling at its Desert Star Project in California, paving the way for drilling approval and further exploration.

Stavely Minerals has reported promising reconnaissance drilling results at its Freddy’s Find Prospect in western Victoria, revealing multiple gold-silver zones within a large hydrothermal breccia system. These findings reinforce the potential for a significant epithermal discovery.

Elevate Uranium Ltd has completed a $25 million capital raising and is nearing steady state operations of its U-pgrade pilot plant in Namibia, while expanding its uranium resource portfolio through extensive drilling and a strategic acquisition from Core Lithium Ltd.

Auris Minerals has secured $3.2 million to expand its geological team and accelerate exploration in Western Australia's Bryah Basin, following mixed assay results from its Morck Well gold prospects.

EV Resources has commenced a fully funded maiden diamond drilling program at its Los Lirios Antimony Project in Mexico, aiming to define a maiden JORC resource by Q3 2026 and accelerate towards production.

Platina Resources’ maiden aircore drilling at Mt McKenna reveals a significant 1.5km gold mineralised structure and a strong arsenic anomaly, marking a promising step forward in exploration.

Pioneer Minerals has validated primary tungsten mineralisation at its Springfield Prospect in Idaho, revealing high-grade scheelite and gold assays that underpin a promising multi-phase mineral system. The project’s proximity to established processing infrastructure offers strategic advantages for future development.

Caprice Resources reports strong high-grade gold assay results from its Island Gold Project, confirming mineralisation continuity and new reef discoveries. Drilling has restarted to complete the Phase 4 programme, while exploration begins at the newly acquired Comet Project.

Riversgold Limited reports encouraging shallow gold intersections at its Northern Zone Gold Project near Kalgoorlie, supported by a $2.15 million capital raise with MEGA Resources as a key investor. The drilling results and strategic partnership set the stage for advancing mining plans in 2026.

Middle Island Resources has confirmed two significant copper-in-soil anomalies at its Priboj Project in Serbia, setting the stage for maiden drilling in Q2 2026. The discoveries highlight promising volcanogenic massive sulphide (VMS) potential in a previously unexplored region.

Larvotto Resources is on track to restart production at its Hillgrove Antimony-Gold Project by mid-2026, while progressing metallurgical testing at Eyre and due diligence on a copper acquisition at Mt Isa.

Podium Minerals has made significant strides at its Parks Reef PGM Project, launching a game-changing concentrator flowsheet and progressing a multi-phase drilling campaign, all supported by a successful A$12 million capital raise amid soaring platinum group metal prices.