Latest Resources News

Audalia Limited has announced a significant update to its Medcalf Titanium-Vanadium Project Mineral Resource Estimate, increasing the Indicated category by 35% and setting the stage for Ore Reserve calculations.

iTech Minerals has officially kicked off its lithium joint venture with SQM at the Reynolds Range project, receiving a $2 million payment for an initial 30% stake in lithium rights. This partnership sets the stage for significant exploration activity in the Northern Territory.

OD6 Metals has launched a metallurgical diamond core drilling program at its Splinter Rock Rare Earth Project, aiming to refine heap leach processing and produce high-quality rare earth samples for offtake talks.

Norwest Minerals has confirmed significant down-dip and along-strike gold extensions at its Bulgera project following Phase 1 drilling, setting the stage for a resource upgrade and further exploration.

Future Battery Minerals has launched an expanded 3,000m Phase 2 drilling program at its Miriam Project, aiming to build on promising gold intercepts from Phase 1. The company targets high-grade extensions at Forrest and Canyon, with results expected by early November.

Redstone Resources has reported a significant copper intersection at its Chatsworth Prospect in Western Australia, revealing promising mineralisation that could signal a larger nickel-copper-cobalt system nearby.

CZR Resources has completed a $75 million cash sale of its Robe Mesa iron ore asset, leaving it debt-free and well-funded for aggressive exploration. The company is gearing up for drilling programs across its gold, copper-zinc-silver, and iron ore projects in Western Australia.

CZR Resources has launched a significant drilling campaign at its Croydon gold project in Western Australia, backed by a strong $69 million cash position following the Robe Mesa sale. The company targets extensions of high-grade gold mineralisation and potential Hemi-style intrusions near a major regional deposit.

Patronus Resources (ASX, PTN) reveals a robust financial position with $70 million in cash and investments against a market cap near $100 million, underpinned by 2.3 million ounces gold equivalent resources in Tier-1 Australian jurisdictions. The company’s active exploration and strategic acquisitions signal promising growth ahead.

Neometals has integrated previously unreported historic drill assays into its Barrambie Gold Project dataset, enhancing the Ironclad deposit’s exploration profile and paving the way for upcoming drilling campaigns.

Auravelle Metals has wrapped up its second targeted drilling campaign in South Australia, testing promising gold zones and a significant calcrete anomaly, with assay results due in the coming weeks.

Yandal Resources has completed a major air-core and RC drilling campaign at its Arrakis Prospect, revealing a substantial 2.2km mineralised gold structure. Final assay results from air-core drilling are in, with RC results expected soon, setting the stage for further exploration.