Latest Exploration And Resources News

Locksley Resources reports exceptional antimony and silver assays at its Mojave Project, while new mineralised zones emerge at Tottenham. Regulatory shifts in the US could accelerate Mojave’s permitting timeline.

Anson Resources has applied to re-enter the Mt Fuel-Skyline Geyser 1-25 well at its Green River Lithium Project to test for lithium-rich brines, aiming to upgrade its exploration target to a JORC Mineral Resource.

Gateway Mining Limited has completed comprehensive airborne magnetic and geochemical surveys at its Barrelmaker Gold Project, setting the stage for targeted drilling and further exploration in Western Australia’s Sandstone region.

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.

Strickland Metals reports a substantial 2Moz AuEq increase in Serbia’s Rogozna Project resources and a near doubling of gold ounces at Western Australia’s Yandal Project, backed by a $5 million strategic placement from Zijin Mining.

Godolphin Resources has reported multiple high-grade drill results from its Lewis Ponds project, exceeding expectations and highlighting significant potential for resource growth. The company also secured $1 million in new equity funding to advance metallurgical testing and resource upgrades.

Dart Mining has entered a $3.4 million option agreement with Infinity Lithium to divest its non-core Victorian exploration assets, enabling Dart to sharpen its focus on Queensland projects while Infinity expands in Victoria.

Iluka Resources has released its inaugural Mineral Resource estimate for the Goschen South deposit in Victoria, revealing a substantial 630 million tonnes grading 3.7% heavy minerals. This discovery positions Iluka to significantly enhance feedstock supply for its pioneering rare earth refinery at Eneabba.

Critica Minerals Limited has announced a significant milestone with its Jupiter Project, revealing Australia’s largest and highest-grade clay hosted rare earth resource alongside successful metallurgical test results that promise substantial mass reduction and grade upgrade.

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.

Ausmon Resources Limited has launched a Share Purchase Plan aiming to raise up to $540,000 by issuing shares at a discounted price, supporting its exploration and operational funding needs.

Artemis Resources has completed the second tranche of a $4 million capital raise, enabling the resumption of drilling at its Karratha Gold Project after cyclone-related delays.