MDF Global MDF Global
Apple’s iPhone boom highlights critical minerals powering smartphones•Presenting a united front for Queensland’s copper sector•Thailand seeks Myanmar mine access amid arsenic pollution•Egypt to set up state-backed company to license artisanal gold miners, free detainees•Brixton closes $7.4 million raise for Thorn, Langis projects•Heliostar banks record $78.7 million for Ana Paula push•Mining giants bet billions on 2030 supply crunch•Gunnison Copper reports Q3 output, revenue surge•Triumph Gold targets $15.46 million for Yukon push•African Rainbow Minerals faces a jobs dispute at Nkomati mine•Angola seeks 10% stake in De Beers under Anglo’s proposed exit•Gold price rebounds but heads for biggest weekly loss since June•Teck copper strike reaches BC port as operator sues union•Copper benchmark rocked by miner-smelter tug-of-war•Zimbabwe mining bill targets community, environmental safeguards•Mount Isa critical minerals hub secures Feasibility Study funding•Eramet initiates $814.5 million capital raise to reduce debt•Richemont backs natural gemstones, declines De Beers comment•‘Tis the season for administration as Comlek falls a second time•OceanaGold Philippines trials wireless blasting at Didipio mine Apple’s iPhone boom highlights critical minerals powering smartphones•Presenting a united front for Queensland’s copper sector•Thailand seeks Myanmar mine access amid arsenic pollution•Egypt to set up state-backed company to license artisanal gold miners, free detainees•Brixton closes $7.4 million raise for Thorn, Langis projects•Heliostar banks record $78.7 million for Ana Paula push•Mining giants bet billions on 2030 supply crunch•Gunnison Copper reports Q3 output, revenue surge•Triumph Gold targets $15.46 million for Yukon push•African Rainbow Minerals faces a jobs dispute at Nkomati mine•Angola seeks 10% stake in De Beers under Anglo’s proposed exit•Gold price rebounds but heads for biggest weekly loss since June•Teck copper strike reaches BC port as operator sues union•Copper benchmark rocked by miner-smelter tug-of-war•Zimbabwe mining bill targets community, environmental safeguards•Mount Isa critical minerals hub secures Feasibility Study funding•Eramet initiates $814.5 million capital raise to reduce debt•Richemont backs natural gemstones, declines De Beers comment•‘Tis the season for administration as Comlek falls a second time•OceanaGold Philippines trials wireless blasting at Didipio mine

Sybil’s drill results continues seeing Sunshine

Sunshine Metals (ASX:SHN) has intersected further shallow epithermal gold at the Sybil Project, part of the broader Ravenswood Consolidated Project in Queensland. 

At the Francis prospect, the latest results include 5.2m @ 9.01 grams per tonne gold from 52m, including 1.40m @ 31.70g/t gold from 55.8m. 

Managing Director Damien Keys says the latest intersection occurs near the intersection of two epithermal veins and provides further support to the concept of “high-grade” shoots within the broader A Vein. 

“We look forward to reporting on the remaining results in early November 2025,” Keys says. 

The company has now completed the diamond drilling program, which comprised 14 holes for 1,177.4m. 

Results have been returned for seven holes, with the best holes returning grades of 57.51g/t gold and 148g/t gold. Assays for the remaining seven holes are all expected in early to mid-November 2025. 

As previously reported, the company aimed to target low sulphidation, epithermal gold mineralisation in the A Vein and Main Vein at the Francis Creek deposit.

The Sybil Project, located 135km west of Townsville, with epithermal gold first identified within the project in 1986 through classic colloform, crustiform, and cockade epithermal vein textures. 

The Ravenswood Consolidated Project – located in the Charters Towers-Ravenswood District – is considered prospective for zinc, copper, lead, gold, silver, and molybdenum. 

Sunshine Metals is a gold and copper-focused explorer with a portfolio of projects in Queensland. 

Write to Aaliyah Rogan at Mining.com.au   

Images: Sunshine Metals 
Add to Watch List:
Author Image
Written By Aaliyah Rogan
Originally from New Zealand, Aaliyah brings several years of experience covering the resources sector, with a focus on companies, commodities and global mining markets. Her reporting has spanned European markets and the evolving global mining landscape, with a focus on the stories and market forces driving change across the sector.