Mining & Resources
Latest news, analysis, and insights from ASX mining & resources companies

GBM Resources Confirms Prospective Gold Host Horizon at Twin Hills Project
GBM Resources confirms BXM host horizon extends at Twin Hills, 700m south of 309; drilling returns 8m @ 1.31 g/t, signaling a gold system beyond MRE.
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West Coast Silver Extends Near-Surface Mineralised Zone at Elizabeth Hill
West Coast Silver extends near-surface Elizabeth Hill silver zone; key hit of 67.1m @19g/t Ag from surface, widening potential MRE; final assays due Aug

Challenger Gold Refines Hualilán Strategy with Integrated Processing Plan
Challenger Gold shifts Hualilán to integrated processing with A$85m raise; targeting 135koz/yr and US$1.1b post-tax NPV.

EV Resources Building an Antimony Bridge-to-Scale Strategy
EV Resources pivots to antimony, pursuing a processing-led bridge-to-scale at Los Lirios, Mexico, with U.S. antimony optionality, aiming faster proof.

Sierra Nevada Gold Discovers Polymetallic System at As Safra Project in Saudi Arabia
Sierra Nevada Gold uncovers polymetallic breccia at As Safra, Saudi Arabia, signaling a multi-stage magmatic-hydrothermal system; Phase 2 over 25,000m planned.

Lachlan Star Confirms Emerging High-Grade Gold Discovery at New Waverley Project
Lachlan Star flags emerging high-grade gold discovery at New Waverley, WA, as RC drilling shows repeat high-grade intersections and growing mineralisation.

Dreadnought Resources Defines 15km Mangaroon Gold Anomaly as Illaara Pipeline Builds
Dreadnought Resources defines a 15km Mangaroon gold anomaly, expanding the Illaara pipeline; follow-up drilling targets set for 2026–27.

Austral Resources to Proceed with Proposed Hammer Metals Takeover after Larvotto Withdrawal
Austral Resources moves to acquire Hammer Metals for $80.7m after Larvotto withdraws; Hammer valued at 0.087/sh, 31.1% stake in enlarged group.

EV Resources Procures High-Grade Antimony Ore for Tecomatlán Proof-of-Concept Campaign
EV Resources buys 200 dry tonnes of high-grade antimony ore for Tecomatlán PoC, aiming to prove its regional hub model and speed the commercial cycle.

Tungsten Mining Commences Major Drilling Campaign at Flagship Watershed Project
Tungsten Mining kicks off large RC and diamond drilling at Watershed, targeting a resource upgrade and potential 2027 production, after strong PEE economics.

Impact Minerals Retains Commonwealth Exposure As Kuniko Earns 51% Interest
Impact Minerals: Kuniko earns 51% in Commonwealth JV, raising to 70% milestone; Impact free-carried to mine; focus shifts to alumina as Phase 2 drilling begins.

Iltani Resources Strengthens Orient Open-Pit Case with Broad Intersections
Iltani Resources drills broad Orient intersections, strengthening open-pit case with high-grade zones; MRE update planned for Q4 2026.