Latest Resources News

European Lithium (ASX: EUR) has affirmed its compliance with ASX continuous disclosure rules following its announcement of a non-binding merger proposal with Critical Metals Corp. (CRML). The company detailed its negotiation timeline and rationale for the timing of its market disclosures.

Carnavale Resources has appointed Humphrey Hale as Managing Director, entrusting him to lead the Kookynie Gold Project into production as the company nears completion of its bankable feasibility study.

PhosCo Ltd has delivered maiden Mineral Resource Estimates for the KM and SAB phosphate deposits at its Gasaat Project in Tunisia, adding 20.2 Mt at 20.5% P₂O₅ and lifting the total resource to 166.6 Mt. The shallow, low-strip deposits promise improved early production and underpin an updated scoping study due in Q3 2026.

Argent Minerals has pushed the boundaries of its Kempfield polymetallic deposit with a 159m intercept averaging 80.6 g/t silver equivalent, confirming the project's bulk-tonnage potential and resource continuity.

Arika Resources has won a $211,000 government grant to fund deep diamond drilling targeting high-grade extensions at the historic Cosmopolitan Gold Mine in WA’s Kookynie district. The drilling aims to unlock a large, underexplored mineral system with parallels to major regional deposits.

Brightstar Resources (ASX:BTR) has reported multiple high-grade gold intercepts from ongoing drilling at its Sandstone Gold Project, supporting a mid-year resource upgrade and Pre-Feasibility Study.

Mount Ridley Mines’ latest 3D gravity inversion modelling validates its existing resource and uncovers multiple new high-priority rare earth and scandium targets, pointing to significant upside along strike and at depth.

Golden Dragon Mining has reported strong first-pass drilling results at its Behring Bore prospect within the Cue Gold Project, intersecting high-grade gold near surface and completing a follow-up drilling program with assays pending.

Sunstone Metals has affirmed the materiality of its Bramaderos Gold-Copper Project scoping study following an ASX compliance letter addressing unusual share price movements prior to the study's release.

Axel REE is accelerating its in situ recovery (ISR) mining trials at the Caladão Project in Brazil, leveraging a low-cost, environmentally friendly extraction method and a unique gallium resource to position itself as a strategic supplier for Western markets.

Golden Globe Resources (ASX:GGR) has reported promising copper and gold assay results from its Phase 1 diamond drilling at Queensland's Dooloo Creek, validating its geological model and setting the stage for a follow-up drill program in late Q3 2026.

Patagonia Lithium has completed a key packer test at its Formentera project, confirming high aquifer porosity and flow rates at 110m depth, while submitting a comprehensive environmental study to local authorities.