Latest Resource Definition Drilling News

Native Mineral Resources Holdings Limited (NMR) reports promising assay results from resource definition drilling at its Blackjack Gold Project in Queensland, confirming shallow, high-grade gold mineralisation and deeper extensions. The company is advancing refurbishment of its processing plant, targeting gold production in Q3 2025.

Golden Horse Minerals has reported promising high-grade gold intercepts from its maiden drilling campaign at the Hakes Find project in Southern Cross, validating historic data and setting the stage for expanded exploration.

Aeris Resources reported steady copper equivalent production and improved cost management in Q2 FY25, overcoming operational challenges at Tritton. The company advances resource development and feasibility studies, positioning for growth.

Savannah Goldfields Limited has announced a fully underwritten entitlement offer and placements to raise up to $9.91 million, aiming to fund a restart of mining and processing operations alongside debt repayments and exploration.

Taiton Resources has reported exceptional Phase 2 sampling results from its Kingsgate Project in New South Wales, with quartz purity reaching up to 99.97% SiO2 and minimal impurities. The company is now advancing metallurgical studies and exploring pathways to monetise this high-grade quartz resource.

Kula Gold reports promising shallow gold intersections at Mt Palmer and secures government co-funding, while launching a $1.6 million entitlement offer to fuel further exploration.

Ten Sixty Four Limited reports a 9% rise in gold production to 13,123 ounces and a reduction in all-in-sustaining costs to US$2,045 per ounce for the September 2024 quarter, while advancing its Tigerway Decline project and navigating ongoing restructuring.

CZR Resources faces ongoing delays in FIRB approval for its $102 million Robe Mesa sale, prompting a strategic pause in exploration and an extension of its loan facility to sustain operations.

WIN Metals reports robust drilling results at its Butchers Creek and Golden Crown projects, confirming significant resource growth potential, alongside completing a key acquisition and securing fresh capital.

True North Copper has successfully recapitalised following voluntary administration, securing a strong balance sheet and pivoting to an aggressive exploration strategy at its key Queensland copper projects.

Aeris Resources delivered steady copper equivalent production and improved cash flow in the December 2024 quarter, despite operational setbacks at Tritton. The company advances exploration and development projects, positioning for future growth.

Native Mineral Resources has secured key Queensland gold assets and is advancing refurbishment of the Blackjack Processing Plant, targeting production restart by Q3 2025. The company’s recent capital raises underpin its ambitious development plans.