Latest Resource Definition Drilling News

Aurum Resources has completed a A$35.6 million strategic placement, bolstering its cash reserves to over A$45 million and enabling accelerated development of its Boundiali and Napié gold projects in Côte d’Ivoire.

Ark Mines has awarded a contract for a 2,500m drilling campaign at its Sandy Mitchell project, aiming to significantly expand its rare earth mineral resource ahead of a key feasibility study.

Antipa Minerals reports significant new high-grade gold-copper mineralisation at its Minyari Gold-Copper Project in Western Australia, with early assay results confirming resource growth and new discoveries.

Great Boulder Resources has raised $12.5 million through a placement to institutional investors, positioning the company to fast-track exploration and resource expansion at its flagship Side Well Gold Project.

Ardea Resources reports significant progress on the Kalgoorlie Nickel Project’s Definitive Feasibility Study, completing key drilling and advancing permitting to support a multi-decade nickel-cobalt operation.

Morella Corporation has initiated a pioneering rubidium extraction study with Edith Cowan University and secured key approvals for development drilling at its Mt Edon Project, setting the stage for a maiden mineral resource estimate.

True North Copper’s latest drilling campaign at the Great Australia Mine reveals promising new copper-gold-cobalt mineralisation zones beyond existing resources, signaling potential for resource expansion and mine life extension.

Larvotto Resources has reported impressive high-grade gold and antimony intercepts from its ongoing diamond drilling at the Hillgrove Project in NSW, signaling a promising update to its resource base and mine planning.

Aguia Resources is ramping up production at its high-grade Santa Barbara gold project in Colombia while advancing a low-capital phosphate operation in Brazil, setting the stage for robust cash flow generation.

ACDC Metals has released a comprehensive scoping study for its Goschen Central project in Victoria, revealing strong economic potential through a two-phase heavy mineral sand and rare earth element operation. The study highlights robust financial metrics and strategic importance in critical minerals supply.

Aguia Resources has initiated a 25-hole diamond drilling campaign at its Santa Barbara Gold Project in Colombia, aiming to define a maiden JORC resource and explore extensive vein systems.

Midas Minerals has agreed to acquire the Otavi Copper Project from Nexa Resources, unlocking significant high-grade copper, silver, and gold potential in a well-established African mining jurisdiction.