Latest Mineral Resource News

Patronus Resources (ASX – PTN) reveals a robust financial position with $78 million in cash and investments alongside a 2.3 million ounce gold equivalent resource base, underpinning a multi-commodity growth strategy across Western Australia and the Northern Territory.

Horseshoe Metals reports strong drilling results confirming extensive shallow copper mineralisation at its Horseshoe Lights Project, with Direct Shipping Ore operations set to begin this quarter amid active offtake and funding talks.

Australian Gold and Copper Ltd has completed its acquisition of the Browns Reef tenement package, doubling its South Cobar Project area and setting the stage for a maiden resource estimate at the Evergreen target.

Resources & Energy Group Limited (ASX, REZ) has announced a substantial JORC-compliant exploration target at its Gigante Grande Central Domain, estimating up to 500,000 ounces of gold. An extensive 8,750m drilling program is planned to commence in early 2026 to test and expand this promising resource.

Skylark Minerals has agreed to acquire a portfolio of gold projects in Côte d’Ivoire, including the flagship Zaranou Project with a JORC-compliant inferred resource of 364,600 ounces. This deal positions Skylark as a significant emerging player in West Africa’s gold sector.

Caprice Resources has reported compelling high-grade gold assay results from its Phase 4 drilling at the Island Gold Project, extending mineralisation to 300 metres depth and confirming potential for further expansion.

GBM Resources has reported significant new gold assay results from its Lone Sister deposit, revealing high-grade mineralisation beyond the current resource estimate and identifying a previously unknown east-west gold-bearing structure.

Kuniko Limited’s recent airborne electromagnetic survey at its Commonwealth Gold–Silver Project has revealed multiple promising conductive features along a key structural corridor, setting the stage for targeted drilling in early 2026.

Nimy Resources has announced a maiden JORC Inferred Mineral Resource featuring exceptionally high-grade gallium and rare earth oxides at its Block 3 East deposit in Western Australia’s Mons Project. The discovery positions Nimy as a potential key supplier amid tightening global critical minerals supply.

Middle Island Resources has reported strong channel sampling results from the historic Bobija Mine in Serbia, confirming significant gold, silver, copper, lead, and zinc mineralisation. The company has completed its Phase 1 drilling program, with assay results expected soon.

QMines Limited has reprocessed over 3,100 historical soil samples at its Mount Mackenzie Gold Project, revealing extensive gold-silver-arsenic anomalies aligned with key geological features. A multi-rig drilling campaign is now underway to test these high-priority targets.

Strickland Metals has reported its largest-ever mineralised intercept at the Gradina Deposit in Serbia, with over 700 metres of continuous gold and zinc mineralisation. This breakthrough supports confidence in expanding the Rogozna Project’s resource ahead of a maiden estimate due late 2025.