Latest Mineral Resource News

Cauldron Energy’s latest drilling campaign at Manyingee South significantly extends uranium mineralisation, revealing a more complex palaeochannel system and setting the stage for a resource update in early 2026.

Atomic Eagle Limited has begun trading on the ASX following a transformative merger, backed by a strong $20 million cash position to advance uranium exploration in Zambia. The company’s renewed strategy targets resource expansion at its flagship Muntanga Uranium Project.

Skylark Minerals has raised A$10 million through a two-tranche equity placement to fund an ambitious 2026 exploration program on newly acquired gold projects in Côte d’Ivoire, marking a significant step in its West African expansion.

Kingston Resources has launched a new drilling campaign at its Mineral Hill Mine, deploying two rigs to target high-grade extensions and near-mine discoveries. Early assays from Long Panel rock chips show promising copper grades, underpinning the company’s growth ambitions.

Unico Silver Limited has completed a $40 million share placement and launched a $5 million Share Purchase Plan for eligible shareholders at a discounted price of $0.55 per share.

Redcastle Resources and BML Ventures have submitted a critical Mine Development and Closure Plan for their Queen Alexandra and Redcastle Reef deposits, setting the stage for gold production to commence in early 2026.

St George Mining reports outstanding high-grade rare earth and niobium assay results from its Araxá Project in Brazil, signaling a significant resource expansion and upgrade. Ongoing drilling suggests the deposit remains open in all directions, reinforcing Araxá’s status as a world-class asset.

Celsius Resources has updated its Mineral Resource Estimate for the MCB Copper-Gold Project in the Philippines, reporting a larger and more confidently classified resource. This upgrade sets the stage for upcoming feasibility and engineering studies.

Noronex Limited has agreed to sell its Witvlei copper project in Namibia for A$4.5 million, enabling a sharper focus on its core Kalahari Copper Belt assets and uranium exploration. The staged payment deal includes options issuance and a royalty, signaling strategic portfolio refinement.

Mammoth Minerals has delivered promising initial diamond drilling results at its Excelsior Gold Project in Nevada, confirming extensive high-grade gold mineralisation and validating its geological targeting model.

Power Minerals Limited has reported further high-grade niobium and rare earth element results from its Santa Anna project in Brazil, setting the stage for a significant 10,000m drilling campaign aimed at delivering a maiden resource estimate in early 2026.

Southern Hemisphere Mining has revealed a promising discovery of high-grade oxide copper mineralisation at surface during drill pad preparation at its Ferro South prospect in Chile’s Llahuin Project. Preliminary readings suggest a robust near-surface copper system that could accelerate development plans.