Latest Mineral Resource News

Encounter Resources has announced its maiden inferred niobium mineral resource estimate at the Aileron project in Western Australia, marking a significant step in developing a critical minerals hub in the West Arunta region.

Asra Minerals has executed a binding agreement to acquire the remaining 49% interest in the Mt Cutmore prospects, consolidating full ownership of a significant gold resource within the prolific Leonora North Gold Project.

Brazilian Critical Minerals has initiated an in-situ recovery field trial at its Ema Rare Earths Project, aiming to validate the deposit's unique characteristics and advance towards commercial production.

Sarama Resources reported a $673,644 net loss in Q1 2025 while progressing exploration in Western Australia and initiating a $120 million arbitration over a disputed Burkina Faso permit withdrawal.

Infinity Mining Limited has successfully closed a pro-rata entitlement issue, raising over $280,000 through new options set to be listed on the ASX next week.

Patronus Resources has extended gold mineralisation at its Glencoe deposit in the Northern Territory through a recent drilling campaign, revealing multiple high-grade zones beyond the current resource boundaries.

Ballymore Resources has reported exceptional high-grade gold intersections from its ongoing Stage 5 underground drilling at the Dittmer Project, reinforcing the potential of a large gold system in North Queensland.

Rox Resources has successfully raised $36 million through the first tranche of its $40 million placement, with the second tranche pending shareholder approval. This capital injection aims to support its gold exploration projects in Western Australia.

Northern Minerals has completed a pivotal drilling program at its Dazzler deposit, revealing new geological insights and expanding exploration targets for heavy rare earth elements in Western Australia.

Legacy Minerals has lodged an exploration licence application over the Nico Young nickel-cobalt deposit in NSW, securing a nationally significant resource with no acquisition cost. This strategic move positions the company to capitalize on future nickel and cobalt market recoveries.

Reach Resources has added 5,800 ounces of inferred gold at its Pansy Pit deposit, lifting the Murchison South project’s total resource to approximately 67,100 ounces. The company highlights significant upside potential with further drilling planned along the Primrose Fault.

Solstice Minerals has completed a major Reverse Circulation drilling campaign at its Yarri Project in Western Australia, targeting promising gold prospects with assay results expected soon.