Latest Mineral Resource News

Lunnon Metals has completed a detailed Scoping Study on its Baker and Foster nickel sulphide deposits, highlighting potential economic viability despite ongoing uncertainty over processing arrangements. The study recommends sequential mining starting with the fully permitted Baker deposit, which remains profitable even at current nickel prices.

Caprice Resources has reported outstanding high-grade gold intercepts from its Phase 3 drilling at the Island Gold Project, confirming significant extensions of mineralisation and setting the stage for a maiden resource estimate.

Patronus Resources has validated the Thunderball uranium deposit as a high-grade asset through a comprehensive re-assay program, with extensional drilling now underway to explore its growth potential in the Northern Territory’s Pine Creek region.

Gold Mountain Limited has outlined a significant Exploration Target at its Irajuba Prospect in Brazil, confirming high-grade rare earth mineralisation and setting the stage for imminent diamond drilling.

Wildcat Resources has reported significant lithium mineralisation from metallurgical drilling at its Tabba Tabba project, reinforcing its resource base and advancing feasibility studies.

Warriedar Resources has reported strong assay results from diamond drilling at its Ricciardo deposit, revealing wide, high-grade gold and antimony mineralisation that surpasses current resource estimates and signals significant growth potential.

Pantoro Gold capped FY2025 with robust production and cashflow, eliminating debt and setting ambitious growth targets for FY2026 at its Norseman Gold Project.

Regis Resources closed FY25 with gold production near the top of guidance and a robust cash and bullion position of $517 million. The company’s FY26 outlook maintains steady production while ramping up growth investments amid ongoing legal and exploration developments.

Great Southern Mining has sold the Southern Star gold prospect licence to Regis Resources for up to A$9 million, including a strategic alliance to accelerate exploration in the Duketon Belt.

Rox Resources has announced a significant upgrade to the Youanmi Gold Project’s underground resource, boosting contained gold by 21% and increasing grade to 6.0 g/t, setting a robust foundation for its upcoming Definitive Feasibility Study.

Ausgold Limited’s Definitive Feasibility Study for the Katanning Gold Project confirms a decade of strong gold production and robust financial returns, while regional exploration efforts continue to expand the growth pipeline.

Magnetic Resources NL has reported a significant 22% increase in gold resources at its Lady Julie Gold Project, now containing over 2.14 million ounces, while securing a key Native Title Agreement that clears the path for mining leases and development.