Latest Mineral Resource News

Western Mines Group has been awarded a $180,000 government grant to fund further drilling at its Mulga Tank nickel project, targeting a promising komatiite mineral system. This funding supports the company’s ongoing exploration efforts to delineate a significant nickel sulphide deposit in Western Australia.

Savannah Goldfields Limited has announced a significant 220% increase in the gold resource at its Jubilee Plunger Deposit, part of the Georgetown Project in Far North Queensland, marking a key step towards resuming gold production.

North Stawell Minerals reports compelling high-grade gold grab samples and promising soil geochemistry at its Darlington Project, reinforcing the potential for significant mineralisation along the Darlington-Caledonia trend.

Aurumin Limited proposes a scheme of arrangement for acquisition by Brightstar Resources, with an independent expert confirming the deal is fair and reasonable. The transaction offers Aurumin shareholders exposure to a larger gold portfolio and enhanced market presence.

Lithium Energy Limited has confirmed lithium brine mineralisation in shallow aquifers at its White Plains Project in Utah, with assays up to 100 mg/L. The discovery supports plans for drilling deeper aquifers that may host higher-grade lithium.

Moab Minerals is set to acquire full ownership of Imbas Mining, unlocking rights to earn up to 80% of the Sasare Gold and Copper Project in Zambia, a site with notable historic gold production and promising copper targets. The acquisition paves the way for an initial exploration campaign targeting both gold and copper mineralisation.

Bindi Metals Limited has agreed to acquire up to an 80% interest in the Ravni gold project in Serbia’s prolific Raska mining district, accompanied by a $2.5 million capital raising to fund exploration activities.

Mithril Silver and Gold Limited has expanded its high-grade silver-rich Target 5 at the Copalquin district in Mexico, with surface samples hitting up to 3,300 g/t silver and 2.0 g/t gold. Drilling programs at multiple targets are progressing, promising significant resource growth.

GBM Resources has raised nearly A$40 million through a major institutional placement led by its largest shareholder, Wise Walkers Limited, to fund exploration and development in Queensland’s Drummond Basin gold projects.

Gorilla Gold announces strategic leadership hires and an employee incentive scheme tied to ambitious resource growth targets, alongside significant high-grade gold discoveries extending the Lakeview deposit at Comet Vale.

OzAurum Resources reports exceptional heap leach testwork results at its Mulgabbie North Gold Project, confirming a promising low-cost development path supported by recent high-grade drilling.

PMET Resources has successfully produced commercial-grade pollucite concentrate from its Shaakichiuwaanaan Project, revealing a promising pathway to valuable caesium co-products alongside lithium and tantalum.