Latest Resource Definition News

Tolu Minerals has completed a groundbreaking airborne LiDAR survey over its Tolukuma prospects, delivering ultra-precise topographic data to guide targeted drilling and infrastructure planning.

PVW Resources has secured a binding agreement to acquire three promising gold and silver projects in Nevada and Idaho, alongside a $2.5 million capital raise to fund exploration. The move positions PVW to tap into underexplored US gold districts with historical resources and experienced leadership.

Falcon Metals has confirmed exceptionally high-grade gold mineralisation at its Blue Moon project in Victoria’s Bendigo Zone, with drill results including 1.2 metres at 543 grams per tonne gold. This breakthrough underscores the untapped potential of the historic Bendigo Goldfield extending onto Falcon’s tenure.

InVert Graphite has initiated its first drilling campaign at the Kumba Deposit in Tanzania, aiming to validate high-grade graphite mineralisation previously identified in surface trenches. The program marks a critical step in advancing the Morogoro Project towards resource definition.

Brazilian Rare Earths Limited confirms a new high-grade rare earth district at Sulista, Bahia, with extensive mineralisation over 7 km strike and an exploration target of 12–18 Mt at 4–6% TREO. Ongoing drilling and geophysical surveys aim to advance towards maiden resource estimates.

iTech Minerals has officially kicked off its lithium joint venture with SQM at the Reynolds Range project, receiving a $2 million payment for an initial 30% stake in lithium rights. This partnership sets the stage for significant exploration activity in the Northern Territory.

CZR Resources has launched a significant drilling campaign at its Croydon gold project in Western Australia, backed by a strong $69 million cash position following the Robe Mesa sale. The company targets extensions of high-grade gold mineralisation and potential Hemi-style intrusions near a major regional deposit.

Tolu Minerals announces a leadership change with Dr Chris Muller stepping in as CEO to guide the company through a pivotal phase of exploration and production at the Tolukuma Gold Mine.

EV Resources has made significant strides at its Los Lirios Antimony Project in Mexico, completing key infrastructure and identifying multiple high-grade drill targets as it moves closer to resource definition.

Hillgrove Resources has reported significant high-grade copper and gold mineralisation extensions at its Nugent deposit within the Kanmantoo Copper Mine, enhancing resource understanding ahead of first production. Ongoing drilling and an updated resource estimate are set to shape the mine’s near-term development.

Core Energy Minerals has confirmed uranium mineralisation at its Cummins Project in South Australia through a maiden aircore drilling program, reinforcing its geological model and setting the stage for targeted follow-up exploration.

Variscan Mines has acquired extensive historic drilling data over newly granted licences in northern Spain, revealing significant high-grade zinc and lead mineralisation and unlocking a district-scale exploration opportunity.