Latest Mineral Resources News

DPM Metals has announced a substantial inferred mineral resource at its Rakita Camp in Serbia, highlighting 2.6 million ounces of gold and 1.9 billion pounds of copper. This milestone underscores the camp's potential as a district-scale gold-copper system with promising growth prospects.

Adavale Resources has launched a technically advanced second phase drilling campaign at its London-Victoria Gold Mine, aiming to expand the gold resource beyond current estimates. Led by new Managing Director David Ward, the program builds on promising initial results and structural insights.

Zuleika Gold Limited has nearly doubled the mineral resource at its Credo Well Gold Project to 22,500 ounces, with mining lease applications underway and detailed mining studies planned for next year.

Brightstar Resources has completed its acquisition of Aurumin Limited, converting Aurumin shares and options into Brightstar securities and prompting Aurumin’s imminent delisting from the ASX.

FireFly Metals has announced a significant upgrade to its Green Bay Copper-Gold Project resource, alongside a A$139.5 million equity raise to fund ongoing drilling and development. The company is poised for rapid growth in a tier-one mining jurisdiction with strong infrastructure and exploration upside.

FireFly Metals has successfully raised over C$30 million through a Canadian bought deal and approximately A$106.5 million via an Australian equity raise to fund key development and exploration at its Green Bay Copper-Gold Project in Newfoundland.

Unico Silver Limited has reported strong high-grade silver and gold assay results from infill drilling at its Joaquin Project in Argentina, confirming mineralisation continuity and expansion. These results underpin the company’s ongoing feasibility study and resource upgrade plans.

VBX Limited has released assay results from 28 infill drilling holes at its Wuudagu CNN bauxite deposit, confirming consistency with previous resource estimates and aiming to boost confidence for inclusion in the upcoming definitive feasibility study.

Resolution Minerals Ltd reports compelling drill results from its Horse Heaven Project in Idaho, confirming a large, continuous gold system open along strike and at depth. The initial six diamond core holes reveal broad mineralisation over 600m, with further drilling underway.

Brightstar Resources has completed its largest-ever ore processing campaign from its Laverton underground mines, recovering approximately 6,300 ounces of gold. The company also discovered a high-grade extension at the Second Fortune mine, potentially reshaping its production outlook.

Barton Gold Holdings has reported robust high-grade gold assay results from infill drilling at its Tunkillia S1 Starter Pit, reinforcing the project's strong grade potential and underpinning a projected A$825 million operating profit in the first year.

Austin Metals has appointed seasoned mining executive Michael Moore as Managing Director to spearhead exploration at its flagship Austin Gold Project in Western Australia.