Latest Mine Planning News

Redcastle Resources has confirmed a broad, low-grade gold mineralised system at Morgan’s Castle East, with potential for higher-grade zones. Meanwhile, drilling at Sligo identified a promising aquifer that could support future mining operations.

First Au Limited has reported strong initial assay results from its Phase 3 drilling at the Gimlet Gold Project, confirming high-grade gold mineralisation and setting the stage for a resource upgrade.

Kairos Minerals has been granted a 21-year mining lease for its 1.4 million ounce Mt York Gold Project in Western Australia, marking a pivotal step towards advancing the project into production.

West Wits Mining has announced a substantial 44% increase in its gold resource at the Witwatersrand Basin Project, boosting the total to 7.24 million ounces and setting the stage for imminent production at Qala Shallows.

Strickland Metals has reported compelling new drilling results at its Gradina Deposit in Serbia, revealing strong gold and base metal mineralisation that extends beyond the existing 1.2 million ounce resource. These findings highlight significant growth potential within the Rogozna Project.

Ora Banda Mining’s Phase 1 drilling at Round Dam reveals a significant gold mineralisation system with multiple high-grade shoots, indicating strong potential for large-scale surface mining near existing infrastructure.

AIC Mines has successfully accessed the Jericho copper deposit underground, confirming key geological models and reducing technical risks. This milestone accelerates plans to expand copper production at the Eloise mine in Queensland.

Riversgold Limited has reported robust gold mineralisation from the final 16 drillholes of its 2025 campaign at the Northern Zone near Kalgoorlie, confirming expansion of the shallow oxide gold footprint. The company is set to commence its 2026 drilling program to further extend the resource.

PC Gold has unveiled a remarkable high-grade gold intercept at its Spring Hill project, hitting 25 metres at 36.83 grams per tonne gold in a newly identified Macau Link Zone that connects the Macau and Hong Kong lodes.

Small caps did the heavy lifting this week, led by two big discovery stories in resources. Funding raises and takeover moves kept attention on who can pay for the next step, not just promise it.

Speculative money piled into new discoveries and tight-supply metals, while a handful of small caps were sold hard on thin liquidity. The week’s biggest moves came from PGMs and tungsten on the way up, and micro-cap gas on the way down.

Brightstar Resources has completed its strategic acquisition of Aurumin Limited, consolidating its Sandstone gold assets and boosting production by 12% in the December quarter. The company also advanced key feasibility studies, underpinning a promising growth trajectory.