Progress of the Oki Creek Antimony Mine Project in Australia and Other Developments

Published: Jan 19, 2026 15:10
Source: Ministry of Natural Resources of the People's Repu

Red Mountain Mining announced that drilling at its Oaky Creek prospect in New South Wales intersected "ultra-high-grade" antimony ore grading 34.3%.

The company stated that the prospect "continues to show exceptionally high-grade" mineralization, with 11 out of 13 samples collected from the soil antimony anomaly zone returning high-grade results.

Auger drilling is currently underway, and the company aims to test the orogenic antimony-gold target during H1 drilling.

***

Yandal Resources announced that high-grade orebody extensions at the Arrakis gold discovery within its Well-Barwidgee project in Western Australia are consistently defined.

Key intersections from drilling completed by the end of 2025 included:

24 meters grading 1.3 grams per mt gold from 136 meters downhole, including a 7-meter interval grading 2.8 grams per mt.

The company plans to restart drilling by March and accelerate the program after the rainy season ends.

***

Renegade Exploration reported that initial field work at its Broken Hills project in Nevada, US, indicates the epithermal gold-silver deposit extends over 2,000 meters along strike, with potential for further expansion.

Rock chip sample assays returned silver grades up to 1,013 grams per mt and gold grades of 8.6 grams per mt.

"The new discovery has reignited interest in this world-class mineral belt, which has hosted numerous major gold-silver and copper deposits," the company stated.

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