Latest Resources Exploration News

Reach Resources has significantly increased its gold resource inventory at the Murchison South project, with combined estimates for Blue Heaven and Pansy Pit now totaling approximately 67,100 ounces. Strong metallurgical results and exploration upside highlight the project's potential.

Nexus Minerals’ recent RC drilling at the Payns Prospect within the Wallbrook Gold Project confirms extensive gold mineralisation with impressive high-grade intercepts, reinforcing the prospect’s potential to expand the project’s resource base.

Askari Metals has identified significant high-grade copper mineralisation in historic drilling at its newly acquired Nejo Gold Project in Ethiopia, revealing promising exploration upside in a prolific mineral belt.

Zenith Minerals has secured final Turkish regulatory approval for the sale of its Kavaklitepe Gold Project stake, unlocking approximately A$830,000 in cash proceeds. This milestone paves the way for the company to accelerate exploration at its core Australian gold assets.

Aureka Limited has reported a significant 19% increase in its global gold inventory following a maiden JORC resource at St Arnaud and a new gold discovery at Irvine’s western flank, supported by a $3 million capital raise.

WIN Metals Ltd reports rock chip samples grading up to 23.5g/t gold at the Emjay prospect, confirming it as a prime drill target after correcting its previously mislocated position in government datasets.

Trigg Minerals has defined a substantial Exploration Target at its Antimony Canyon Project in Utah, estimating up to 15.6 million tonnes of ore with significant antimony content. The company plans advanced exploration to convert this target into a formal resource.

Trigg Minerals has withdrawn previously reported mineral resource estimates for its Antimony Canyon Project after ASX compliance review, while reaffirming confidence in ongoing exploration efforts.

BMG Resources confirms a substantial gold system at its Abercromby Gold Project through Phase 1 drilling results, validating its geological model and setting the stage for resource expansion. The company is advancing plans for Phase 2 drilling and a scoping study to explore commercial mining potential.

Galileo Mining is set to begin a 5,000-metre aircore drilling campaign at its Norseman project, targeting high-grade palladium and platinum zones to expand its existing resource base.

Power Minerals’ maiden drillhole at the Santa Anna Project in Brazil reveals significant niobium and rare earth element mineralisation at depths far beyond previous drilling, boosting the project’s resource potential.

Critical Resources Limited has launched a detailed soil-geochemistry survey at its Amoco Gold-Antimony Project in NSW, aiming to sharpen drill targets ahead of planned maiden drilling. Assay results are expected by late August, marking a significant step in advancing exploration within a prolific regional corridor.