Latest New South Wales News

Rimfire Pacific Mining has completed 54 air core holes at its Murga Exploration Target, with assays due mid-January and a maiden mineral resource estimate expected in March 2026. The program aims to expand Rimfire’s scandium inventory in Australia’s Fifield district.

Larvotto Resources has secured an exclusive option to acquire the historically mined Blockade Mine in Mt Isa, Queensland, with plans for a targeted drilling program to validate and expand known copper mineralisation. This move could pivot Larvotto’s Mt Isa project from exploration to development.

Papyrus Australia reported a $112k net operating cash outflow in October 2025, offset by financing activities and R&D tax incentives, maintaining a runway of over five months. Despite a non-recurring legal expense and an investment write-down, the company remains confident in its operational continuity.

DGL Group reported a modest revenue increase in FY25 but faced a sharp decline in profitability, compounded by an auditor’s disclaimer and ERP rollout delays impacting FY26 start.

Polymetals Resources has bolstered its financial position with new loan facilities and option exercises following a fatal incident at its Endeavor Mine, which has now resumed continuous operations.

Rapid Critical Metals has completed the acquisition of the Webbs Consol Silver Project, consolidating a high-grade silver belt in New South Wales and positioning itself for accelerated growth.

Vysarn Limited has reported record FY25 profits and is aiming for a 33% NPBT increase in FY26, driven by acquisitions and progress on the Kariyarra Water Scheme. The company is expanding its national footprint amid growing water demand in mining and infrastructure sectors.

Thunderbird Resources has completed its acquisition of LM2 Metals, gaining full ownership of the Springfield Gold Deposit in central NSW and issuing over 28 million shares as part of the deal.

Lightning Minerals has raised A$2.5 million to fund an aggressive Phase 2 drilling program at its Mt Turner Gold Project, following promising Phase 1 results that revealed significant gold mineralisation along a 12km strike.

Peel Mining’s recent drilling at the Nombinnie gold prospect in NSW reveals promising shallow gold mineralisation, while the company also secures significant NSW Government grants to boost its critical minerals exploration.

Argent Minerals has launched a major drilling campaign targeting silver, gold, and polymetallic mineralisation at its flagship Kempfield and Trunkey Creek projects in New South Wales.

Right Resources has confirmed extensive high-grade gold mineralisation along a 1km strike at its Pilot Project in New South Wales, with maiden drilling now in progress to validate these promising findings.