Latest Resource Evaluation News

McLaren Minerals reported a challenging quarter with net cash outflows and limited funding runway, prompting plans for a capital raise to support its upcoming Bankable Feasibility Study.

Mt Malcolm Mines NL reported a productive September quarter with extensive drilling confirming shallow gold mineralisation and commenced JORC resource evaluations at its flagship Malcolm Gold Project.

Kaili Resources has responded to ASX inquiries regarding delays in confirming rare earth element assay results from recent drilling, reaffirming compliance with disclosure rules and explaining procedural factors behind the timing.

Everest Metals Corporation Ltd reported a solid cash position of A$5.0 million at the end of Q3 2025, backed by a recent equity raise and ongoing exploration investments. The company’s funding runway now extends to nearly five quarters, offering a stable platform for its exploration activities.

Kingfisher Mining has appointed geologist Chris Bittar as Managing Director, aiming to leverage his expertise to advance its NSW and Western Australian mineral projects.

TerraCom Limited has extended the life of its Blair Athol Mine to 2033, supported by a robust 2025 JORC Code Resource and Reserve update. This reinforces the mine’s status as a low-cost, long-life asset underpinning stable cash flow and growth potential.

Magnum Mining & Exploration Limited is set to begin auger drilling on its Azimuth 125 Rare Earth Elements project in Brazil, targeting 19 high-priority ionic clay REE areas identified through radiometric and geological analysis.

Iceni Gold has reported a significant new gold intersection hosted in basalt at its Guyer project, expanding the known mineralised footprint beneath transported cover. This discovery emerges from a major drilling campaign within its 14 Mile Well Gold Project.

Finder Energy is fast-tracking development of the Kuda Tasi and Jahal oil fields in Timor-Leste, backed by a transformational farmin deal with TIMOR GAP and a strategic alliance with SLB, targeting first oil by October 2025.

Canterbury Resources advances deep diamond drilling at its Briggs Copper Project, intersecting consistent porphyry copper mineralisation and nearing completion of a pivotal scoping study.

Advance Metals Limited has reported significant upgrades to gold grades at its Happy Valley Prospect in Victoria, Australia, following a re-assay program using the more precise screen fire method. Ongoing drilling aims to extend mineralisation deeper and along a broader regional trend.

Loyal Metals has validated an extensive historical drilling dataset at Queensland's Highway Reward Mine, revealing significant unmined copper-gold mineralisation and setting the stage for a new exploration phase backed by $5.8 million in funding.