Latest Mineral Resource News

Variscan Mines has reported new underground drilling results at the Udías Mine, revealing high-grade zinc mineralisation exceeding 20% zinc outside the existing resource estimate. These findings reinforce the potential for resource expansion and support ongoing mine development plans.

Belararox Limited has initiated advanced geophysical surveys at its Toro South target in Argentina, setting the stage for drilling in late 2025. Age dating confirms geological similarities to major copper systems, enhancing the project's appeal.

Rox Resources has initiated underground mining at its Youanmi Gold Project with the first cut fired at the United North pit, backed by robust lender commitments and progressing steadily toward production.

Flagship Minerals has achieved a critical milestone with the approval of the ENAPAC Ruta Este desalination pipeline, securing a sustainable water supply for its Pantanillo Gold Project in Chile’s Maricunga Gold Belt. This development significantly reduces a major operational risk as the company advances its resource upgrade and project studies.

FMR Resources’ drilling at the Llahuin Project’s Southern Porphyry target has confirmed copper-bearing veining and potassic alteration above the main geophysical anomaly, reinforcing exploration models despite a temporary pause in drilling.

Western Mines Group advances its Mulga Tank nickel project with a new deep diamond drill hole and an electromagnetic survey, backed by recent capital and government grants.

Far East Gold’s latest drill results at the Sua Prospect in Indonesia reveal spectacular visible gold and high-grade assays, validating historical data and boosting resource potential.

Core Lithium has unveiled an updated mine plan for its Grants deposit at the Finniss Lithium Project, increasing the Ore Reserve by 33% and cutting pre-production capital costs by up to $45 million.

Ballard Mining Limited has released a comprehensive investor update following its July 2025 IPO, highlighting a robust 1.1 million ounce gold resource at Mt Ida and a strong cash position of $40 million. The company outlines ambitious exploration targets and development plans aiming to extend mine life beyond a decade.

Nordic Resources has confirmed high-grade near-surface gold mineralisation at its Kopsa project in Finland, extending the Central Zone resource and refining geophysical targets with its first four drill holes.

Great Boulder Resources has intersected a significant new high-grade gold zone at its Eaglehawk deposit, with drilling revealing 105m at 2.41g/t Au including standout intervals up to 18.85g/t Au. This discovery is set to be incorporated into an updated resource estimate due in December 2025.

Meeka Metals reports robust high-grade gold intersections at Turnberry South, signaling potential resource expansion and a longer open pit mining phase beyond initial plans.