Latest Mineral Resources News

Western Yilgarn Limited has announced a significant discovery of high-grade surface gallium mineralisation at its Ida Holmes Junction Project in Western Australia, highlighting the project's potential in the critical minerals sector.

Patagonia Lithium has reprocessed magnetotelluric data to better understand the basement depth at its Argentine lithium projects, setting the stage for deeper drilling and seismic surveys to refine its resource estimates.

Kaiser Reef reports a solid cash boost to $30.7 million driven by strong production from its Henty and A1 gold mines, while clarifying its gold price risk management strategy.

Augustus Minerals has appointed Dr James Warren as its new CEO, bringing a wealth of exploration and corporate growth experience to lead its promising Western Australian projects. This leadership change signals a strategic push towards advancing drilling campaigns and unlocking shareholder value.

Firetail Resources has raised A$5 million in a strongly supported placement to accelerate exploration across its US and international gold and copper projects, including maiden drilling at the Excelsior Gold Project in Nevada.

Medallion Metals has executed a binding agreement to acquire the Forrestania Nickel Operation from IGO Limited, setting the stage for a low-capital pathway to gold and copper production at its Ravensthorpe project. The transaction targets completion and a final investment decision by late 2025.

Turaco Gold’s latest drilling results at the Afema Project reveal promising high-grade gold mineralisation at the Adiopan prospect and resource extensions at Asupiri and Anuiri, signaling potential growth beyond the current 3.55Moz resource estimate.

NIMY Resources has reported exceptional high-grade gallium assay results from its Block 3 prospect within the Mons Project, positioning itself as a key player amid global supply constraints driven by China's export ban.

Heavy Rare Earths Limited (ASX – HRE) has struck a binding agreement to acquire an 80% interest in the Prospect Hill tin project, South Australia’s largest and most advanced tin deposit, expanding its footprint in critical minerals.

Gorilla Gold has unveiled a major Mineral Resource upgrade at its Mulwarrie Gold Project in Western Australia, boosting contained gold ounces by 340% to 350,000 at a higher grade of 3.6 grams per tonne. This pivotal update sets the stage for further growth and development in a prolific gold region.

Cobre Limited has released its first Mineral Resource Estimate for the Comet Deposit within Botswana’s Ngami Copper Project, revealing significant copper and silver resources with promising economic extraction potential.

Solis Minerals has secured permits to begin a significant 5,000-metre diamond drilling campaign at its Ilo Este copper-gold project in Peru, aiming to unlock large-scale mineral resources. Drilling is set to start in August 2025, following progress at the nearby Chancho al Palo project.