Latest Resource Definition News

McLaren Minerals Limited has announced a fully underwritten non-renounceable pro-rata entitlement offer to raise approximately $3.6 million, issuing new shares at 1.8 cents each with free-attaching options. The capital raise aims to fund exploration and development activities as the company advances its mining projects.

Hammer Metals has regained full ownership of the Mount Philp and Even-Steven areas within its Mount Isa East Joint Venture, opening fresh exploration avenues including advancing the Trafalgar copper-gold deposit.

Dynamic Metals Limited reports encouraging initial assay results from its first drilling phase at the Chalice South prospect, revealing multiple low-level gold anomalies within a mineralised corridor near Westgold’s Chalice Gold Mine.

Trigg Minerals has significantly expanded its US tungsten portfolio by acquiring claims over the historic Nightingale Tungsten District in Nevada, including high-grade past-producing mines. The company is gearing up for major drilling campaigns to define resources and strengthen domestic supply of this critical metal.

Western Yilgarn NL has significantly expanded its exploration footprint at the Ida Holmes Junction Project to target high-grade gallium mineralisation and secured critical land access for drilling at its West Julimar Bauxite Project in Western Australia.

Kula Gold has reported exceptional high-grade gold results from its Mt Palmer project, extending the mineralised strike to 3km and highlighting significant exploration upside. Diamond core assays and further drilling results are eagerly awaited.

GoldArc Resources has kicked off a significant 3,000m drilling campaign at its Leonora South Gold Project, aiming to expand high-grade gold zones and unlock new discoveries across multiple prospects.

BMG Resources reports encouraging drill results and advances a scoping study at Abercromby, while Bullabulling drilling confirms multiple gold lodes and potential resource expansion. A recent $600,000 placement supports ongoing development.

Olympio Metals has reported significant high-grade gold intersections from its Bousquet Gold Project in Quebec, alongside a $1.6 million capital raise to accelerate exploration and drilling activities.

Enova Mining confirms robust rare earth and titanium mineralisation across its Brazilian projects, advancing towards maiden drilling at East Salinas backed by a $0.85 million capital raise.

Mount Ridley Mines has announced a significant maiden inferred gallium resource of 838.7 million tonnes at its Mt Ridley Project, positioning it among the world’s largest known gallium deposits and reinforcing its multi-element critical minerals strategy.

Midas Minerals has achieved a key milestone in acquiring the Otavi Copper Project in Namibia and commenced drilling at the nearby South Otavi Project, backed by a fresh $11.5 million capital raise.