Latest Resource Definition Drilling News

Encounter Resources has reported significant drilling progress at its Aileron Niobium-REE-Copper Project, completing over 50,000 metres in 2024 and uncovering extensive high-grade niobium mineralisation. The company also strengthened its balance sheet with a $15 million share placement, positioning itself for accelerated resource development.

Legacy Iron Ore Limited reports robust progress in its December 2024 quarter, highlighted by significant gold intersections at Mount Celia and advancing feasibility studies at Mount Bevan magnetite project.

Ramelius Resources delivered a robust December 2024 quarter with record underlying free cash flow of A$174.5 million and gold production of 85,311 ounces, maintaining full-year guidance while advancing key projects and expanding its management team.

Rox Resources has advanced its Youanmi Gold Project with a $27 million capital raise and a major drilling campaign, positioning the company for production by late 2025.

Aeris Resources has completed a 70-hole drill program at its Constellation deposit, delivering impressive high-grade copper intercepts and setting the stage for a significant resource upgrade and mine permitting milestones.

Ausgold Limited reports robust assay results from its extensive drilling campaign at the Katanning Gold Project and promising initial exploration at Woodanilling, underscoring significant growth prospects in Western Australia.

Encounter Resources reports significant high-grade niobium mineralisation at its Green carbonatite complex, accelerating plans for resource drilling and mining studies in 2025.