Latest Exploration And Resource Growth News

Verity Resources has confirmed a new gold mineralisation trend at its Monument Gold Project in Western Australia, with early drilling results at the Triton Prospect supporting follow-up resource expansion plans. The company also highlights McKenzie Well as a promising new target, setting the stage for an aggressive exploration campaign.

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.

Southern Hemisphere Mining has partnered with FMR Resources in a conditional joint venture to explore the highly prospective Southern Porphyry Copper-Gold Target at the Llahuin Project in Chile, with drilling planned for late 2025.

Aureka Limited has raised $3 million through a share placement to accelerate exploration and secure land access at its key gold projects in Victoria, signalling strong investor confidence in its growth strategy.

Rapid Critical Metals is dramatically increasing its land position adjacent to the Webbs Silver Project, aiming to unlock new silver discoveries and expand existing resources with a significant exploration push.

Asra Minerals has appointed Paul Stephen as Managing Director and engaged veteran geologist Ziggy Lubieniecki to bolster exploration at its Leonora Gold Projects, signaling a strategic push to unlock value in Western Australia’s prolific goldfields.

FireFly Metals’ maiden drilling at the Rambler Main Mine within the Green Bay Project has uncovered high-grade copper-gold-zinc mineralisation extending well beyond historical limits, hinting at a potential new flagship deposit akin to the nearby Ming Mine.

Cygnus Metals reports standout gold and copper drill intercepts at its Golden Eye prospect, signaling a promising new resource within the Chibougamau Copper-Gold Project. The company plans to leverage these results alongside historic data to define an initial Mineral Resource Estimate.

OzAurum Resources has confirmed significant high-grade gold mineralisation at the newly discovered Cross Fault within its Mulgabbie North Gold Project, with ongoing drilling set to further unlock the zone’s potential.

Savannah Goldfields is gearing up to restart gold production by July at its Georgetown and Agate Creek projects, bolstered by a $5.7 million capital raise and the appointment of a seasoned mining CEO.

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.