Latest Mineral Resources And Exploration News

Patronus Resources (ASX – PTN) reveals a robust financial position with $81 million in cash and investments against a $106 million market cap, underpinned by 2.3 million ounces of gold equivalent resources across Western Australia and Northern Territory.

Golden Cross Resources has progressed exploration at its flagship Copper Hill project with extensive geochemical sampling and tenement renewals, while navigating ASX suspension and seeking partnerships to unlock value.

Torque Metals has kicked off a new drilling campaign at its Paris Gold Project, delivering a significant high-grade gold intercept and completing a strategic merger with Aston Minerals.

Metal Bank Limited reports significant resource upgrades at its Livingstone Gold Project and new graphite assay results at Millennium, while advancing copper exploration in the Middle East.

Greenwing Resources reports solid progress across its lithium and graphite assets in Argentina, Madagascar, and Tasmania, completing a $3.5 million equity raise and appointing a new chairman.

Sunstone Metals reports promising exploration results from its Ecuadorian gold-copper projects alongside ongoing strategic discussions with multiple parties in a buoyant M&A environment.

Native Mineral Resources Holdings Limited reported significant cash outflows in its June quarter, offset by a recent $10 million share placement aimed at supporting its Blackjack Milling gold project development.

Ballard Mining has kicked off an extensive drilling campaign at its Mt Ida Gold Project, confirming high-grade gold resources at the Baldock deposit and advancing exploration across multiple high-priority targets.

Far Northern Resources has completed its first phase of drilling at the Bridge Creek project, confirming significant high-grade gold mineralization and preparing for an expanded second phase of exploration.

Capricorn Metals reported a strong June quarter with Karlawinda gold production meeting FY25 guidance and announced it is now debt free and unhedged. Development at Mt Gibson and Karlawinda Expansion projects progresses, supported by record cash flow.

Sayona Mining Limited has reported record lithium production and improved operational efficiency at its North American Lithium operation, positioning itself strongly ahead of a transformative merger with Piedmont Lithium.

Gorilla Gold has accelerated its growth trajectory with strong drilling results at Comet Vale and Mulwarrie, alongside acquiring full ownership of Comet Vale. The company is poised for significant resource upgrades in the coming quarters.