Latest Resource Definition News

Somerset Minerals has confirmed significant near-surface copper mineralisation at its Coppermine Project in Nunavut, Canada, with assays revealing thick, high-grade intercepts. The company is gearing up for an expanded exploration phase to unlock further district-scale potential.

Firetail Resources has raised A$5 million in a strongly supported placement to accelerate exploration across its US and international gold and copper projects, including maiden drilling at the Excelsior Gold Project in Nevada.

Turaco Gold’s latest drilling results at the Afema Project reveal promising high-grade gold mineralisation at the Adiopan prospect and resource extensions at Asupiri and Anuiri, signaling potential growth beyond the current 3.55Moz resource estimate.

NIMY Resources has reported exceptional high-grade gallium assay results from its Block 3 prospect within the Mons Project, positioning itself as a key player amid global supply constraints driven by China's export ban.

Heavy Rare Earths Limited (ASX – HRE) has struck a binding agreement to acquire an 80% interest in the Prospect Hill tin project, South Australia’s largest and most advanced tin deposit, expanding its footprint in critical minerals.

Minerals 260 Limited's latest drilling at the Bullabulling Gold Project reveals significant gold mineralisation extensions beneath and along strike from existing resources, including standout high-grade intercepts at Bacchus and Phoenix deposits.

Patronus Resources has reported significant high-grade gold intercepts from air-core drilling at its Cardinia Gold Project, revealing new zones of mineralisation and advancing its joint venture with Golden Mile Resources.

Nagambie Resources has raised $1.2 million through a strategic placement to fund further diamond drilling and update its mineral resource estimate at the Nagambie Mine. The capital raise includes options that could inject additional funds over the next three years.

Tempest Minerals has identified a substantial new iron target, the Halo Prospect, near its Remorse magnetite deposit at Yalgoo. Historic samples show iron grades up to 62%, with promising magnetite and haematite mineralisation.

Australasian Metals has identified a significant silicified breccia zone linked to strong geophysical anomalies at its May Queen Gold Project, prompting plans for a substantial drilling campaign.

Dalaroo Metals has secured a joint venture to acquire up to 80% of the Bongouanoa Gold Project in Cote d’Ivoire, revealing strong historical gold intercepts, while initiating critical minerals exploration in Greenland’s Blue Lagoon project.

Coppermoly Limited has reported significant exploration advances at its Mt Isa projects, highlighted by a major magnetic anomaly discovery and the appointment of seasoned geologist Dickson Leah as CEO.