Latest Mineral Resource News

Medallion Metals has executed a binding agreement to acquire the Forrestania Nickel Operation from IGO Limited, setting the stage for a low-capital pathway to gold and copper production at its Ravensthorpe project. The transaction targets completion and a final investment decision by late 2025.

Turaco Gold’s latest drilling results at the Afema Project reveal promising high-grade gold mineralisation at the Adiopan prospect and resource extensions at Asupiri and Anuiri, signaling potential growth beyond the current 3.55Moz resource estimate.

NIMY Resources has reported exceptional high-grade gallium assay results from its Block 3 prospect within the Mons Project, positioning itself as a key player amid global supply constraints driven by China's export ban.

Heavy Rare Earths Limited (ASX – HRE) has struck a binding agreement to acquire an 80% interest in the Prospect Hill tin project, South Australia’s largest and most advanced tin deposit, expanding its footprint in critical minerals.

Gorilla Gold has unveiled a major Mineral Resource upgrade at its Mulwarrie Gold Project in Western Australia, boosting contained gold ounces by 340% to 350,000 at a higher grade of 3.6 grams per tonne. This pivotal update sets the stage for further growth and development in a prolific gold region.

Cobre Limited has released its first Mineral Resource Estimate for the Comet Deposit within Botswana’s Ngami Copper Project, revealing significant copper and silver resources with promising economic extraction potential.

Solis Minerals has secured permits to begin a significant 5,000-metre diamond drilling campaign at its Ilo Este copper-gold project in Peru, aiming to unlock large-scale mineral resources. Drilling is set to start in August 2025, following progress at the nearby Chancho al Palo project.

OD6 Metals has unveiled a breakthrough nanofiltration technology at its Splinter Rock Rare Earth Project, achieving over 80% acid recovery that promises to significantly cut processing costs and enhance project economics.

Tesoro Gold has announced a significant 42% increase in the Ternera Gold Deposit resource at its El Zorro project in Chile, lifting contained gold to 1.82 million ounces and enhancing the project’s development potential.

Torque Metals reports a significant upgrade in gold assay results at its Paris Gold Project, confirming a high-grade 15.5m intersection grading 12 g/t gold within a broader mineralised zone. The discovery aligns with strong geophysical signals, suggesting promising potential for resource growth.

Aldoro Resources has announced a maiden JORC-compliant inferred mineral resource of nearly 280 million tonnes at its Kameelburg Rare Earth Element-Niobium project in Namibia, highlighting its potential as a strategic alternative to Chinese supply.

Norwest Minerals has completed Phase 1 of its 2025 drilling campaign at the Bulgera Gold Project, intersecting promising mineralised zones and announcing a 33% resource increase. Assay results are pending, with Phase 2 drilling set to begin next month.