Latest Exploration And Resource Expansion News

Golden Deeps Ltd has secured an 80% stake in Namibia’s Central Otavi Critical Metals Project and reported significant high-grade gallium intersections at its Nosib discovery, underpinning its expanding critical metals portfolio.

True North Copper has reported a significant new high-grade copper-cobalt-silver discovery at its Mt Oxide Project alongside expanded copper-gold-cobalt zones at the Great Australia Mine, underpinning its growth ambitions in Northwest Queensland.

Pivotal Metals has reported a significant increase in its Horden Lake copper resource alongside promising gold discoveries at Lorraine, underscoring its growing footprint in Quebec's critical metals sector.

NexGen Energy has released final 2024 and new 2025 assay results from its Patterson Corridor East exploration, confirming significant high-grade uranium mineralization expansion near its flagship Arrow deposit.

Carnavale Resources has reported a substantial 38% increase in its Kookynie Gold Project mineral resource, now totaling 117,000 ounces of gold, driven by new high-grade discoveries and expanded drilling results.

Verity Resources is set to begin a 3,600m drilling campaign at its Monument Gold Project in Western Australia, aiming to upgrade and expand its existing gold resource. The program targets increasing confidence in the Korong deposit and advancing towards a mining licence.

Great Boulder Resources has raised $12.5 million through a placement to institutional investors, positioning the company to fast-track exploration and resource expansion at its flagship Side Well Gold Project.

Zenith Minerals has launched a fully underwritten A$3.5 million entitlement offer to fund an aggressive drilling campaign at its newly consolidated Dulcie Gold Project and advance exploration at Red Mountain. The capital raise aims to expand resources and push towards commercial gold production.

Eclipse Metals has successfully raised $2 million through an oversubscribed placement at market price, aiming to accelerate exploration and environmental work at its Grønnedal rare earth project in Greenland.

Cannindah Resources has confirmed two untested porphyry copper-gold-molybdenum targets outside its existing 14.5Mt Mineral Resource at Mt Cannindah, revealing promising high-grade surface samples and setting the stage for deeper drilling.

Zenith Minerals has secured a binding agreement to sell its 20% stake in Turkey’s Kavaklitepe Gold Project for US$543,000, marking a strategic shift to focus on its Australian gold assets.

Aguia Resources has secured key contracts and financing steps for its Tres Estradas phosphate project in Brazil, aiming for production start by late 2025 and first sales in early 2026.