Latest Mineral Resource News

Hot Chili Limited has successfully raised A$14.1 million through a fully subscribed entitlement offer, reinforcing confidence in its Costa Fuego copper-gold project and funding critical next-phase development activities.

Rincon Resources Limited has responded to an ASX query about recent unusual trading activity, confirming no undisclosed information but pointing to imminent drilling and assay results as possible drivers.

Augustus Minerals is progressing its second-in-time licence application for the Mt Kare Gold Project in Papua New Guinea, aiming to unlock a high-grade alkali epithermal deposit near the Porgera mine. The company is preparing for rapid underground development and aggressive drilling, contingent on regulatory outcomes.

Estrella Resources has released its first assay results from the Ira Miri manganese prospect in Timor-Leste, revealing significant high-grade manganese intersections and reshaping its exploration strategy to focus on primary and secondary manganese beds.

Eclipse Metals has secured a crucial renewal of its Greenland exploration licence, extending its tenure to 2027 and clearing the way toward a mining licence for its rare earth project in a geopolitically strategic region.

Lotus Resources has completed a A$65 million placement to bolster its uranium projects in Malawi and Botswana, positioning itself for steady production and future expansion.

Kuniko Limited has executed a binding earn-in and joint venture agreement to acquire up to 70% of the Commonwealth Gold-Silver Project in NSW, backed by a rights issue to fund exploration and drilling. The project offers significant resource potential in a Tier-1 jurisdiction with existing inferred mineral resources.

Austral Resources Australia Ltd has launched a $40 million placement at 5 cents per share to fund the acquisition and recommissioning of the Rocklands copper project in Queensland. The offer includes share and option issues tied to debt conversions and is conditional on shareholder approval and ASX reinstatement.

Panther Metals has announced a maiden JORC Mineral Resource Estimate at Burtville East, revealing a high-grade near-surface gold deposit and launching a scoping study to evaluate open pit mining potential.

Mt Malcolm Mines NL has reported promising gold assay results from its 2025 drilling programs at the Sunday Underground and Dumbarton prospects, confirming continuous shallow mineralisation and advancing the Malcolm Project towards resource estimation.

Brightstar Resources has reported significant high-grade gold intercepts and visible gold in diamond drilling at its Yunndaga deposit, reinforcing the potential of the Menzies Gold Project ahead of a resource upgrade and maiden underground reserve declaration.

Kairos Minerals reports significant wide and high-grade gold intercepts from recent drilling at Mt York’s Main Hill, reinforcing potential for resource growth ahead of a key update.