Latest Mineral Resources And Exploration News

Barton Gold Holdings has raised $17.5 million through a placement led by Franklin Templeton and a Share Purchase Plan, aiming to commission its Central Gawler Mill by late 2026 and advance the Tunkillia Gold Project.

Kuniko Limited has commenced fieldwork at its Commonwealth Gold-Silver Project in New South Wales, targeting high-grade precious metals within the prolific Lachlan Fold Belt. The company aims to validate historical resource estimates and advance exploration alongside its battery metals portfolio in Europe.

Patronus Resources reports a robust $70 million in cash and investments alongside 2.3 million ounces of gold equivalent resources, underpinning a multi-commodity growth strategy across Western Australia and the Northern Territory.

Cannindah Resources has kicked off a 6000-metre drilling campaign at its Mt Cannindah project in Queensland, targeting extensions of a substantial copper-gold resource and two large, underexplored porphyry targets.

Flagship Minerals’ review of Anglo American’s dataset reveals a 5km by 1.2km gold-in-soil anomaly at the Pantanillo Gold Project in Chile, significantly larger than current drill coverage and supporting plans to upgrade the resource estimate.

Patronus Resources has completed a major surface sampling program at its Pine Creek Project, revealing extensive gold anomalies including a standout 7km by 1.5km target. These findings set the stage for focused drilling campaigns in 2026.

Ballard Mining has achieved a critical milestone with full permitting for its Mt Ida Gold Project, including approval to build a 2.0 million tonnes per annum processing plant and tailings facility. This final green light positions the project for development and potential expansion.

Venari Minerals has completed a $4.1 million placement, bolstering its efforts to advance key lithium and gold projects, including a maiden resource estimate at Red Mountain.

Resolution Minerals has secured US Forest Service approval to extend and expand its drilling program at the Horse Heaven project in Idaho, doubling planned holes and increasing land holdings by 600 acres.

Metal Bank Limited (ASX – MBK) has announced a partially underwritten entitlement offer aiming to raise $2.32 million to fast-track its Western Australia gold projects and explore graphite potential in Queensland. The offer, priced at $0.014 per share, is supported by Equator Capital Management Ltd and targets existing shareholders.

Kula Gold has agreed to sell its Westonia Project to Forrestania Resources for an upfront $500,000 plus a $1 million contingent payment tied to a significant gold resource discovery.

Kula Gold has agreed to sell its Westonia Project to Forrestania Resources for an upfront $500,000 plus a $1 million contingent payment tied to resource discovery. This move sharpens Kula’s focus on advancing its Mt Palmer Gold Project.