Latest Resource Definition News

Astral Resources has reported significant progress in its Mandilla Gold Project, underpinned by robust drilling outcomes and a $65 million capital raise to fund development. The company is on track for a Final Investment Decision in September 2026, aiming for first gold production by the end of 2027.

Taruga Minerals reports rock chip assays up to 23.2 g/t gold from its maiden due diligence visit to the Weioko gold district in Papua New Guinea, confirming a robust epithermal gold system with promising exploration upside.

New Murchison Gold Limited reports significant high-grade gold intercepts from recent drilling at its Lydia Gold Prospect, expanding mineralisation near its flagship Crown Prince Gold Mine. The results pave the way for resource upgrades and potential rapid development leveraging existing infrastructure.

Eminence Minerals has engaged Brazilian consultancy GE21 to conduct a strategic technical review of its Campo Grande rare earth project, aiming to pave the way for a formal resource estimate and development studies.

Venari Minerals has received final drill assay results from its Red Mountain Lithium Project in Nevada, setting the stage for a maiden Mineral Resource Estimate amid a strong lithium market rebound.

Venus Metals Corporation has issued a second supplementary target’s statement urging shareholders to reject QGold’s increased takeover offer of $0.21 per share, citing significant undervaluation of its key assets and improved financial position.

iTech Minerals has reported robust high-grade gold and antimony intersections from recent drilling at its Reynolds Range project in the Northern Territory, correcting historical data errors and boosting confidence in the deposit’s scale and predictability.

Beacon Minerals has reported robust assay results from 104 reverse circulation drill holes at its Iguana Deposit, confirming strong high-grade gold mineralisation at depth and reinforcing confidence in its geological model.

Haranga Resources has confirmed a significant continuous gold mineralised trend exceeding 800 metres at its Ibel South Gold Project in Senegal, with plans for deeper drilling in early 2026 to explore high-grade zones and untested anomalies.

Global Uranium and Enrichment Limited has completed a major 2025 drilling campaign at its Pine Ridge Uranium Project in Wyoming, confirming widespread uranium mineralisation across multiple sandstone horizons. The results reinforce the project's potential for in-situ recovery development in a premier US uranium basin.

Magmatic Resources has launched a significant 5,000-metre diamond drilling campaign at its Myall copper-gold project, backed by Fortescue under a $3.5 million FY26 exploration budget. The program targets multiple promising porphyry-style deposits, aiming to build on earlier encouraging results.

Auravelle Metals has reported significant high-grade gold intersections at its Sheoak Prospect in South Australia, with mineralisation extending over 600 metres and remaining open. The company plans multiple follow-up drilling programs in 2026 to expand these promising results.