Latest Mineral Resource News

Livium Ltd has secured a A$663,000 R&D tax rebate for its subsidiary VSPC, pushing total FY25 rebates to A$1.4 million and reinforcing its push into advanced battery materials and recycling.

Askari Metals has raised $1.15 million to fund its first drilling campaign at the Nejo Gold and Copper Project in Ethiopia and to advance exploration at its Uis Project in Namibia. The placement, supported by new and existing sophisticated investors including company directors, positions Askari to accelerate its African exploration strategy.

Caprice Resources has initiated the air core drilling phase of its fully funded 20,000m Phase 4 campaign at the Island Gold Project, targeting extensions of the Vadrians deposit and new gold-bearing formations. This multi-rig effort aims to advance the project towards a maiden Mineral Resource Estimate amid strong regional gold prospects.

Savannah Goldfields reports promising assay results from its Georgetown Gold Project, highlighting a significant gold intercept at the Electric Light Prospect and completion of a key drilling program.

Prospech Limited has launched a 1,600-metre diamond drilling campaign at its Korsnäs rare earth element project in Finland, supported by promising passive seismic survey results that highlight potential new mineralised zones.

Forrestania Resources has launched a conditional all-scrip takeover offer for Kula Gold, valuing the company at approximately $42.7 million. The Kula board unanimously recommends acceptance, highlighting strategic regional consolidation and operational synergies.

Northern Star Resources commits A$225 million to its FY26 exploration program, revealing promising drilling results and new prospects across key assets including Kalgoorlie, Yandal, Pogo, and the newly acquired Hemi Development Project.

Ardiden Ltd has completed its merger with Lac Gold, combining two premier Canadian gold projects and raising $10 million to fund upcoming drilling programs. The merger creates a stronger, cash-rich entity poised for growth in Quebec and Ontario.

E79 Gold Mines has completed its acquisition of Cue Metals, gaining control of the Cue Gold Project in Western Australia, while appointing mining veteran Matthew Bowles to its board. The company is set to launch an intensive exploration program starting this December.

Superior Resources reports encouraging coarse-grind metallurgical test outcomes for its Steam Engine Gold Project, reinforcing previous studies and supporting ongoing development plans.

Terra Metals’ latest drilling results at the Dante Project’s Reef 2 reveal thick, continuous high-grade mineralisation from surface, reinforcing the potential for significant resource growth beyond the current 148 million tonne estimate.

Broken Hill Mines is ramping up mining and processing at its high-grade Blackwoods Main Lode ore body, unveiling exceptional drilling results that hint at substantial resource growth beyond current estimates.