Latest Exploration And Resource Growth News

Redcastle Resources advances its Eastern Goldfields exploration with significant high-grade gold intercepts across three key prospects, setting the stage for upcoming resource estimates and development studies.

North Stawell Minerals has reported a standout high-grade gold intercept at its Darlington target, reinforcing the potential for a Mariners-type mineralisation repeat in Victoria’s Stawell Corridor. Meanwhile, Wildwood drilling confirms geological promise despite lower grades.

Haranga Resources has acquired the Lincoln Gold Project in California, boasting historic production of ~3.4 million ounces and a current indicated and inferred resource of 286,000 ounces. Concurrently, the company advances uranium exploration in Senegal and completes a $1.14 million capital raise.

Odyssey Gold has initiated a Technical Study to explore mining and processing strategies for its Tuckanarra Project, leveraging a new partnership with Monument Murchison Ltd to potentially process ore at the nearby Burnakura Mill.

Savannah Goldfields is advancing plans to resume gold production by July 2025, backed by a $9.1 million capital raise and strategic leadership appointments. The company aims to capitalise on high gold prices by processing stockpiled ore at its Georgetown plant before restarting mining operations.

Hot Chili Limited reveals a significant copper-gold porphyry discovery at La Verde, underpinning the growth of its Costa Fuego project in Chile with strong resource expansion and strategic infrastructure advantages.

OzAurum Resources confirms consistent high-grade gold mineralisation at its New Cross Fault discovery within the Mulgabbie North Gold Project, highlighting promising drill results and a new structural target that could significantly enhance the project’s resource base.

Adelong Gold has acquired a 100% interest in the Apollo Gold Project in Victoria, unlocking significant high-grade gold exploration potential in a prolific region. The acquisition complements its existing portfolio and sets the stage for accelerated drilling and resource growth.

Cygnus Metals has completed its merger with Doré Copper, securing a strong cash position and delivering promising early drilling results at its Chibougamau Project in Quebec. The company is poised for an aggressive exploration and resource growth campaign in 2025.

FireFly Metals reports a substantial 42% increase in its Green Bay Copper-Gold Project resource, underpinned by strong drilling results and a successful A$73 million capital raise. The company is well-positioned to accelerate development and regional exploration in 2025.

Delta Lithium reports robust December quarter results with significant gold drilling successes at Mt Ida and progress on lithium development at Yinnetharra, alongside strategic leadership changes and asset sales.

Sunshine Metals has reinterpreted the Liontown stratigraphy, revealing a 3.5km folded dome structure that opens up six new exploration targets. Drilling at the shallow Tigertown prospect is scheduled to begin in February 2025, potentially expanding the Liontown resource base.