Latest Resources News

Diatreme Resources has reported promising aircore drilling outcomes from its Si2 and Casuarina silica sand deposits in Far North Queensland, underpinning resource upgrades and expansion potential. These results bolster the company’s position in the growing specialty glass and solar PV markets.

Charger Metals has reported significant new spodumene-pegmatite lithium mineralisation at its Medcalf Deposit, extending known resources and promising a resource upgrade. Recent drilling results reveal deeper and wider lithium zones, reinforcing the project’s potential.

Paterson Resources has reported impressive shallow gold intercepts at its Grace Gold-Copper Project, setting the stage for a significant resource upgrade and the next phase of drilling.

Javelin Minerals has launched a targeted drilling campaign at its Eureka Gold Project in WA, aiming to extend high-grade gold mineralisation and capitalise on a newly expanded mining lease. The company is poised for near-term production under a joint venture with MEGA Resources.

Resolution Minerals has confirmed exceptional tungsten grades in stockpiles at its newly acquired Johnson Creek Mill, setting the stage for a rapid JORC upgrade and potential near-term production aligned with US critical minerals strategies.

Western Mines Group has signed a Memorandum of Understanding with Magnium Australia to explore supplying magnesite from the Mulga Tank Project for low-carbon magnesium metal production. This collaboration could add a new revenue stream by monetising a previously overlooked magnesite cap.

Adavale Resources is ramping up its drilling campaign at the London-Victoria Gold Mine, aiming to grow its existing 115,000oz gold resource with a second drill rig and expanded geophysical surveys.

Patriot Resources has announced a maiden JORC inferred resource of 31.4 million ounces silver equivalent at its high-grade Tassa project in Peru, highlighting significant growth potential and undervaluation compared to peers.

Lachlan Star Limited has appointed mining veteran Tony Kiernan as independent Non-Executive Chairman alongside Alan Thom as Non-Executive Director, marking a strategic board refresh aimed at accelerating the company’s growth in Western Australia’s gold sector.

Cavalier Resources has signed non-binding term sheets for a combined US$13 million gold prepayment and A$5 million gold loan to fund the Stage 1 development of its Crawford Gold Project, significantly improving project economics and financial flexibility amid softening gold prices.

Saturn Metals has appointed global engineering firm Ausenco to complete the Definitive Feasibility Study for its Apollo Hill Gold Project, aiming to advance the development of a major new gold operation in Western Australia.

Heavy Rare Earths Limited has confirmed the presence of valuable rare earth minerals Monazite and Xenotime at its Radium Hill Project, signalling new potential beyond historic uranium mining.