Latest Refining News

Infini Resources has initiated its Phase 2 diamond drilling campaign at the Portland Creek Uranium Project in Newfoundland, targeting multiple high-grade uranium anomalies within a 6-kilometre corridor. The company aims to refine its exploration model and potentially unlock a significant uranium discovery.

Moho Resources has expanded a high-grade gold vein at its Bush Chook Project in Western Australia to over 130 meters, accelerating its exploration with new technology and historic data integration.

Koonenberry Gold (ASX, KNB) reports promising soil sampling results from its Wilga Flats Project in NSW, revealing a 4.2km gold and base metal anomaly akin to the nearby Cowal Gold Mine. The company aims to progress these targets to drill-ready status backed by a strong cash position.

Hammer Metals has reported promising high-grade gold assays from its Bronzewing South Project near the historic Bronzewing Mine, signalling potential for a significant new gold discovery in Western Australia.

Nordic Resources has identified compelling new exploration targets at its Kopsa Gold-Copper Project in Finland through a detailed ground magnetic survey, with drilling underway to test these promising zones.

Astute Metals NL has initiated an eight-hole drilling campaign at its Needles Gold-Silver Project in Nevada, targeting six promising epithermal gold-silver prospects with historical high-grade assays. The campaign aims to unlock new discoveries ahead of a maiden resource estimate planned for year-end.

Ausmon Resources is set to begin a focused drilling campaign in South Australia's Limestone Coast, aiming to deepen understanding of rare earth element deposits within the Parrakie tenement. This follows promising earlier exploration that identified significant mineralisation trends across the region.

Cobalt Blue Holdings has raised $2.5 million through a $1 million institutional placement and a $1.5 million placement agreement with Lind Global Fund III, aiming to advance its cobalt refinery and exploration projects.

Marquee Resources has announced its inaugural inferred mineral resource at Eastern Hills, revealing 6,800 tonnes of antimony equivalent metal and setting the stage for further exploration in a promising underexplored district.

Ionic Rare Earths has launched a $7 million capital raise through a renounceable rights issue and placement, aiming to accelerate its magnet recycling projects and expand operations internationally.

Stavely Minerals has completed a significant Phase 2 drilling campaign at its Fairview North and South gold prospects, confirming and expanding shallow, broad zones of moderate to high-grade gold mineralisation within its Western Victoria project.

DeSoto Resources has revealed promising soil sampling results from its Tole and Dadjan projects in Guinea’s Siguiri Basin, identifying new gold anomaly zones that set the stage for upcoming maiden drilling campaigns.