Latest Tasmania News

Lode Resources (ASX:LDR) delivered a maiden JORC Mineral Resource Estimate at Montezuma, revealing 8.2Moz AgEq of high-grade silver-antimony, alongside a new silver-zinc mineralisation system that broadens exploration potential.

Right Resources’ latest quarter reveals a promising new Reduced Intrusion-Related Gold System and high-grade tungsten discoveries at Tumbarumba, backed by a $2.7 million capital raise.

Pacific Resources (ASX: PXR) has secured 100% ownership of the Snowstorm Gold Project, a high-grade asset in Victoria’s Eastern Goldfields, while progressing due diligence on a strategic Victorian portfolio and reporting encouraging assay results from its Tasmanian projects.

Kaiser Reef’s recent infill soil survey at the Maldon Gold Project reveals robust gold and arsenic anomalies, underpinning district-scale potential and setting the stage for targeted drilling following an airborne magnetic survey.

GWR Group Limited has progressed its Prospect Ridge Magnesite Project with a detailed technical review and fieldwork, while maintaining a solid cash reserve of $37 million and a $41 million stake in Tungsten Mining NL. The company continues to manage the transfer of Wiluna tenements to Gold Valley amid outstanding state royalties and a payment plan agreement.

Lark Distilling Co. reported a 44% jump in net sales to $5 million in Q4 FY26, driven by a booming Global Travel Retail channel and a solid $14.3 million cash reserve. The company’s new Signature Whisky Range supports growth despite flat domestic direct sales.

Mount Hope Mining’s initial metallurgical tests at Mt Solitary reveal an exceptionally high gold recovery rate exceeding 98%, confirming the deposit’s amenability to straightforward processing and opening potential low-capital development routes.

Elementos Limited made significant strides in advancing its Oropesa Tin Project in Spain, securing key permitting milestones and expanding exploration tenure while strengthening its vertical integration strategy in Europe. Concurrent progress at its Cleveland project in Tasmania and a robust cash position underpin the company’s push toward a Final Investment Decision amid elevated tin prices.

Stellar Resources has boosted its Heemskirk Tin Project resource by 64% at Severn, pushing total contained tin to over 129,000 tonnes, while advancing prefeasibility studies and securing a $22.1 million capital raise.

Flynn Gold has secured a key regulatory milestone by registering Mining Lease Application 6M/2026 over part of its Golden Ridge Project in northeast Tasmania, enabling accelerated development including resource drilling and environmental studies.

Lode Resources has resumed drilling at its Montezuma Silver & Antimony Project in Tasmania, aiming to expand its 8.2Moz AgEq resource and explore a newly identified silver-zinc lode nearby.

Pacific Resources has completed its $400,000 acquisition of the Snowstorm Gold Project, gaining 100% ownership of the high-grade asset in Victoria’s Eastern Goldfields and expanding its regional footprint.