Latest Project Advancement News

Forrestania Resources has secured a strategic gold tenure package in Western Australia's Newington district through a $1.5 million share-based acquisition of Midas Minerals’ Newington project, complemented by milestone-linked deferred payments.

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.

Metal Bank has secured $1.2 million through a placement at a 30% premium, aiming to fast-track production at its Seven Leaders deposit and advance the Homestead and Winja gold projects at Livingstone.

DPM Metals has reported robust high-grade gold-copper-silver intercepts from its Wedge Zone Deep prospect beneath the Chelopech mine, aiming for a resource estimate by year-end 2026.

Sarama Resources has raised A$1.5 million through a private placement to fund copper-gold exploration in New South Wales and support its US$242 million arbitration claim against Burkina Faso. The arbitration hearing is set for February 2027, while Sarama plans to retain significant equity in Riedel Resources following a major asset sale.

Maronan Metals has landed a $22 million strategic investment from Kinterra Capital, boosting its cash reserves to $36.6 million and fully funding an expanded 2026 drilling campaign and Preliminary Feasibility Study for its Maronan Project.

Barton Gold’s recent drilling at the Challenger Gold Project confirms new open-pittable mineralisation at Challenger South-Southwest and Challenger 3, underpinning potential resource upgrades and a low-risk mill restart.

Australia’s Treasurer has mandated six foreign shareholders to divest nearly 18% of Northern Minerals shares by early July, citing national security under the Foreign Acquisitions and Takeovers Act. Northern Minerals supports the move as vital for aligning with Australia’s strategic interests and advancing its Browns Range rare earths project.

Rumble Resources has locked in a toll milling and blending agreement with Gylden Resources and Kirkalocka Gold to process 100% of Western Queen gold ore at Kirkalocka’s plant, enabling faster cash flow and reduced capital expenditure.

Diatreme Resources has increased its Si2 Deposit Mineral Resource Estimate by 10.6%, expanding the Northern Silica Project’s high-purity silica sand base to 301.5 million tonnes, underpinning its Pre-Feasibility Study.

Legacy Iron Ore Limited has wrapped up Phase I mining at Mount Celia, pivoting to develop a heap leach processing facility while reporting a 77% surge in measured and indicated gold resources. The company also progresses its Mount Bevan iron ore joint venture amid ongoing exploration and feasibility studies.

Augustus Minerals has raised $2.5 million through a share placement to fast-track drilling at its flagship Music Well project and advance exploration across its Western Australian and Papua New Guinea assets.