Latest Exploration And Resources News

Westgold Resources unveils a conservative, fully funded three-year plan to increase gold production from 326koz to 470koz annually by FY28 while reducing costs. The strategy leverages existing assets and processing hubs, with key expansions and exploration investments underpinning growth.

Sky Metals has reported upgraded assay results from its Tallebung Tin Project in NSW, revealing multiple new shallow, high-grade tin and silver mineralisation zones. A major drilling campaign of over 100 holes is poised to begin imminently, aiming to expand and upgrade the resource.

Challenger Gold has secured the final Environmental Impact Assessment amendment for its Hualilán Gold Project, enabling ore haulage and toll milling at the Casposo plant. This milestone unlocks a low-capital pathway to early cash flow while advancing the project’s development.

Somerset Minerals reports multiple wide zones of visible copper mineralisation from Phase-2 drilling at its Coppermine Project in Nunavut, Canada, with assays pending. The results extend known mineralisation over 150m below surface and set the stage for a major drilling scale-up.

Broken Hill Mines has completed underground access to the high-grade Main Lode ore body at its Rasp Mine, delivering exceptional drilling results and targeting first ore extraction by November 2025.

Nelson Resources confirms robust high-grade gold mineralisation at its Yarri Project through re-assay results, reinforcing earlier findings and hinting at broader mineralisation beyond known host rocks.

Indiana Resources reports significant gold intercepts at its Minos Gold Project, extending mineralisation by 60 metres and confirming open depth potential. A new air-core drilling campaign is set to test further targets along the Lake Labyrinth Shear Zone.

Savannah Goldfields completes drilling at Big Reef and advances exploration at Electric Light, targeting resource expansion and imminent mining at Georgetown.

Lord Resources has raised $814,000 through a strongly supported placement and is launching a $1.6 million entitlement issue to accelerate exploration at its Ilgarari Copper Project in Western Australia.

Resolution Minerals has secured US Forest Service approval to extend and expand its drilling program at the Horse Heaven project in Idaho, doubling planned holes and increasing land holdings by 600 acres.

Great Boulder Resources has raised $5 million through a strategic placement led by Tribeca Investment Partners, positioning the company to accelerate exploration and target a one million ounce gold resource at its Side Well project.

Accelerate Resources Limited has executed a binding agreement to earn up to 80% interest in the Balagundi Gold Project near Kalgoorlie, expanding its Eastern Goldfields footprint with promising historical and recent gold intercepts.