Latest Resource Evaluation News

Loyal Metals Ltd (ASX:LLM) has reported assay results from drillhole 25HRDD003 at its Highway Reward Copper-Gold Project in Queensland, confirming a large, continuous VHMS Copper-Gold-Silver system. The 179m intersection at 1.47% copper equivalent supports a bulk-style mining opportunity distinct from historical narrow-lens models.

Grange Resources has released its 2025 Annual Mineral Resource and Ore Reserve Statement for its Savage River operation, reporting only minor declines due to mining depletion and ongoing refinement of underground plans.

Miramar Resources has revealed significant shallow gold mineralisation extending over 600 metres at its Highway Prospect within the Gidji JV Project near Kalgoorlie, including high-grade intercepts up to 9.45g/t Au. The company is advancing plans for resource evaluation and further drilling to capitalise on these promising results.

Cygnus Metals has successfully raised A$25 million through a well-supported placement to fund resource expansion and technical studies at its Chibougamau Copper-Gold Project in Canada.

Asian Battery Metals has exercised its option to acquire the Maikhan Uul Copper-Gold Project in southwestern Mongolia, adding a strategically significant asset to its portfolio with confirmed high-grade mineralisation and a long-term mining licence.

ADX Energy has secured a crucial extension on its loan note repayments, unlocking financial flexibility to advance multiple drilling and development projects across Austria and Italy.

Hammer Metals is set to accelerate exploration with a 3,000m drilling campaign at its Kalman Critical Metals Deposit and other key copper-gold prospects in Mount Isa, aiming to upgrade resources and underpin a maiden Scoping Study.

Kaili Resources has reported promising laboratory assay results from its recent aircore drilling program targeting rare earth elements in South Australia’s Mallee Project. The findings highlight significant Total Rare Earth Oxide concentrations, particularly within the Coodalya tenement, supporting plans for expanded drilling.

Vita Resources has unveiled a commissioned re-evaluation of its ICE Copper-Gold Project in Yukon, revealing significant silver, cobalt, and indium mineralisation that upgrades the project to polymetallic status. This fresh insight sets the stage for expanded exploration and resource assessment.

Clara Resources confirms a large-scale, high-grade gold system at its newly acquired Mareeba Gold Project in Far North Queensland, setting the stage for immediate drilling to define a maiden JORC resource.

Kuniko Limited has commenced its first diamond drilling campaign at the Commonwealth Gold-Silver Project in NSW’s Lachlan Fold Belt, targeting extensions to known high-grade mineralisation. The Phase 1 program aims to expand the resource base and unlock district-scale potential.

West Coast Silver’s latest diamond drilling at Elizabeth Hill reveals extraordinary silver grades and expands the known mineralised footprint, highlighting significant exploration upside in Western Australia’s Pilbara region.