Latest Resource Validation News

Fitzroy River Corporation reported steady royalty income for the December 2025 quarter, while advancing key projects including a $40 million funding campaign for the Rafael Gas Project and a $150 million equity raise for Snowy River Gold development.

Buru Energy advances its Rafael Gas Project with strong funding interest and a $2.35 million capital raise, setting the stage for critical 2026 drilling and resource validation.

Patriot Resources has reported significant silver and gold assay results from its Phase 1 trenching at Target B1 in Zambia, confirming the presence of a near-surface polymetallic system. These findings, alongside geophysical anomalies, set the stage for expanded exploration activities.

Flagship Minerals has received a second $1.25 million funding tranche from strategic partner Xinhai following completion of due diligence at the Pantanillo Gold Project. Environmental baseline studies are underway, and a JORC-compliant Mineral Resource Estimate is expected soon.

Renegade Exploration has secured an option to acquire the Rooster Hill Monazite Project in Wyoming, tapping into a historically promising rare earth element resource. The move expands Renegade’s US footprint amid rising demand for critical minerals.

GreenTech Metals has agreed to acquire up to 80% of the high-grade Munni Munni Platinum-Palladium-Copper-Nickel Project in Western Australia, consolidating a significant land package and planning a drilling campaign to upgrade the resource by early 2026.

Critical Resources Limited’s maiden drilling at the Amoco Gold-Antimony Project confirms a substantial orogenic mineralised system, underpinning its exploration model and setting the stage for further work in NSW’s New England Fold Belt.

White Cliff Minerals has identified multiple high-priority copper targets along the 10km Teshierpi Fault Zone at its Rae Copper Project in Nunavut, Canada, following a comprehensive 2025 airborne electromagnetic survey. The findings extend known mineralisation at Danvers and set the stage for follow-up drilling in early 2026.

Astral Resources has completed a comprehensive in-fill drilling program at its flagship Theia Deposit within the Mandilla Gold Project, confirming robust high-grade gold mineralisation that underpins the Stage 1 starter pit. The results reinforce the project’s strong economic potential as it advances towards production.

GreenTech Metals has agreed to acquire a majority interest in the Munni Munni Platinum Group Elements-Copper-Nickel project in Western Australia, consolidating a large tenure package and positioning itself for a resource upgrade and exploration program.

Asara Resources reports encouraging results from 11 new drill holes at its Massan deposit in Guinea, validating its geological model and revealing promising extensions of gold mineralisation both near surface and at depth.

Power Minerals and Summit Nanotech have confirmed the technical viability of the Incahuasi Lithium Project in Argentina, outlining a clear pathway to production of 5,000 tonnes per annum of high-purity lithium carbonate over 20 years.