Latest Mining Resource Expansion News

Adavale Resources has reported assay results from 14 additional drill holes at its London-Victoria gold mine, further extending gold mineralisation beneath the historic open pit and supporting an upcoming resource update.

Cobre Limited has achieved a swift operational turnaround at its Sierra Atacama copper mine, generating positive operating cash flow within two months of assuming control. The company targets a significant production ramp-up supported by capital investments and ongoing optimisation.

TG Metals has expanded the Van Uden gold resource by 1.8km to a total strike of 4.3km, revealing significant high-grade gold intercepts and advancing a near-term heap leach opportunity supported by promising laterite drilling.

Legacy Minerals has delivered a robust Scoping Study for its Mt Carrington gold-silver-copper project, confirming a high-margin 12-year operation with significant growth potential and manageable capital requirements.

Adavale Resources reports strong assays from initial drillholes at London-Victoria, revealing high-grade northern lodes and broad southern mineralisation that underpin resource growth potential.

Auric Mining outlines a bold growth plan centered on Kalgoorlie, targeting 25,000–30,000 ounces of gold production from 2028 with a new processing facility and multiple project acquisitions.

Horizon Gold has initiated a 4,400m drilling campaign at its Gum Creek Gold Project to expand its 2.14 million ounce gold resource, targeting multiple prospects near the historic Gidgee Mill. A follow-up diamond drilling program will explore high-grade underground targets, aiming to extend the mine life and enhance project economics.

KGL Resources has paused drilling to deploy advanced 3D geophysical modelling, revealing significant deep mineral anomalies at its Jervois Project. The company is advancing construction readiness and securing funding amid strong copper, silver, and gold markets.

American West Metals has initiated its 2025 exploration campaign at the Storm Copper Project in Nunavut, targeting multiple high-priority zones with advanced drilling and geophysical surveys. The program aims to expand the project's substantial copper resources and refine its development potential.

American West Metals is launching a comprehensive 2025 exploration campaign at its Storm Copper Project in Nunavut, targeting resource expansion and new discoveries along a 110km copper belt.