Latest Resource Definition News

Perpetual Resources has completed a transformational acquisition of three lithium projects in Brazil’s Lithium Valley, confirming high-grade spodumene mineralisation and advancing drilling plans for Q2 2025. Metallurgical tests at its Raptor Rare Earth Project show strong recoveries of critical magnet rare earth elements.

TG Metals Limited has secured an 80% stake in the Van Uden Gold Project in Western Australia, setting the stage for renewed exploration and resource evaluation. The company is poised to unlock near-term production potential through drilling and stockpile assessments.

CZR Resources has terminated its prior deal with Miracle Iron and endorsed a superior A$75 million cash offer from the Rio Tinto-led Robe River Iron Associates JV for its Robe Mesa Project. The company retains promising gold and titanium-vanadium assets while preparing for shareholder approval.

Axel REE Limited advances its flagship Caladão REE-Gallium Project with significant high-grade intercepts and begins a maiden Mineral Resource Estimate, backed by $9.6 million in cash and strategic government partnerships.

Resolution Minerals has expanded its strategic footprint with three new project acquisitions in NSW and Queensland, supported by a $1.55 million capital raise and promising LiDAR exploration results at Drake East.

GBM Resources reports promising gold anomalism from Newmont’s initial 5,499m air core drilling at the Mt Coolon Project, advancing a key farm-in milestone and setting the stage for expanded exploration in 2025.

Narryer Metals reports compelling scandium, gallium, and rare earth assay results at its Rocky Gully Project, alongside advancing a titanium-rich heavy mineral sands discovery through its JV with Petratherm at Muckanippie.

Koonenberry Gold Limited (ASX: KNB) has confirmed visible gold in its sixth consecutive diamond drill hole at the Enmore Gold Project, NSW, underscoring the continuity and high-grade potential of this emerging gold system.

Charger Metals NL reported strong progress in its lithium and gold exploration during the March 2025 quarter, supported by Rio Tinto’s $1.1 million funding at Lake Johnston and the full acquisition of the Bynoe Lithium Project. High-grade lithium intersections and promising gold targets underpin its growth strategy.

Waratah Minerals has reported significant drilling results that extend shallow epithermal gold mineralisation along the 2km Spur Gold Corridor in New South Wales, alongside a full renewal of its key exploration licence through 2031.

Native Mineral Resources Holdings Limited (NMR) has made significant progress on its Charters Towers Gold Project, completing key plant refurbishments and securing $15.9 million in funding to support a planned gold production restart in Q3 2025.

James Bay Minerals reports a maiden JORC Mineral Resource Estimate of approximately 1.7 million ounces gold equivalent at its Independence Gold Project in Nevada, alongside the start of metallurgical testing and a new drilling campaign targeting resource growth.