Latest Mineral Resources News

BMG Resources has reported promising first-phase drilling results at its Bullabulling Gold Project, intersecting multiple high-grade gold lodes and identifying potential extensions from a neighbouring 2.3 million ounce gold mine. The company plans an extensive follow-up drill program in 2025 to further define these discoveries.

Horizon Minerals reported a robust operating cash inflow of A$6 million for Q3 2025, lifting its cash reserves to A$34.4 million. The company also reduced its convertible loan facility balance through partial conversions, maintaining strong liquidity for ongoing exploration.

American West Metals reports outstanding high-grade copper assay results from the Cyclone deposit at its Storm Project, Nunavut, signaling strong resource expansion potential and advancing mine development plans.

Kaiser Reef Limited has achieved a 33% increase in processing capacity at its Henty Gold Mine, with ongoing ramp-up activities and exploration efforts aiming to extend mine life and reduce costs.

Horizon Gold advances its Gum Creek project with significant gold intercepts from water bore drilling and launches an AI-powered exploration platform, while maintaining its feasibility study timeline and securing $12 million in fresh capital.

TG Metals Limited reports multiple high-grade gold intercepts from its maiden drilling at the Tasman Pit within the Van Uden Gold Project, reinforcing plans to extend the pit and update resource models.

Pivotal Metals has identified a substantial new electromagnetic conductor beneath its high-grade Alotta Cu-Ni-PGM-Au deposit in Quebec, revealing promising undrilled potential and reshaping exploration strategies across its Belleterre projects.

Kalamazoo Resources has significantly increased the Mt Olympus underground gold resource and identified a substantial exploration target, setting the stage for a potential mine life extension at the Ashburton Gold Project.

Rimfire Pacific Mining has announced a maiden Inferred Mineral Resource Estimate for its Currajong scandium prospect, boosting its total scandium inventory by 61% to 5,449 tonnes. The resource remains open for expansion, with further drilling planned at Murga and Rabbit Trap projects.

Prodigy Gold has reported a milestone with over one million ounces of gold in its resource inventory, alongside significant exploration progress and a successful $7.13 million capital raise to fund ongoing development.

Platina Resources has secured a conditional agreement to acquire the Sunrise Bore Gold Project, significantly expanding its landholding in Western Australia's prolific Laverton gold district. The project offers promising historical mineralisation and strong exploration potential near key regional mines.

Broken Hill Mines reports a milestone September quarter with record mining at Rasp, breakthrough access to the Blackwoods orebody, and strong drilling results at Pinnacles, setting the stage for growth in FY26.