Latest Resource Definition News

Killi Resources appoints seasoned geologist Hamish Halliday as Managing Director, signalling a strategic push to advance the Lodestone Iron Ore Project. Brett Smith steps up as General Manager – Technical, while former CEO Kathryn Cutler departs by mutual agreement.

Benz Mining has locked in A$150 million from institutional investors to ramp up its Glenburgh gold drilling campaign, expanding to 14 rigs and accelerating a maiden resource estimate targeted for early 2027.

FirstAu Limited is gearing up to drill at its First Hit gold deposit, aiming to define a maiden Mineral Resource Estimate based on historic high-grade production and extensive data.

Great Boulder Resources has reported standout high-grade gold assays from its initial drilling at the Peak Hill Gold Project, underpinning plans to boost its 481,000oz resource by the end of 2026. The company’s extensive 40,000m campaign is progressing rapidly with multiple rigs operating across key deposits.

Azzuro Resources has defined maiden JORC (2012) Exploration Targets for its Oval Cu-Ni-PGE and Red Hill Cu-Au-VMS projects in Mongolia, revealing district-scale potential and planning a 14-hole drilling campaign to test priority bodies.

GoldArc Resources has pushed the boundaries of gold anomalism at its Whistler Prospect with a second round of aircore drilling, revealing broader and stronger mineralisation zones and setting the stage for more intensive exploration in early 2027.

West Coast Silver has installed Serge Smolonogov as CEO, consolidating leadership to drive resource growth and project evaluation at its high-grade Elizabeth Hill silver project.

Maverick Minerals Australia has completed its acquisition of a 90% interest in Lyza Mining, adding eight highly prospective tenements near its Viper Project in Western Australia’s West Arunta region. The deal includes share-based consideration and a joint venture structure with Rincon Resources.

EV Resources has identified four new hydrothermal feeder veins and four breccia targets at its Los Lirios project, significantly expanding the drill-ready inventory ahead of a maiden JORC resource estimate.

Elk Range Mining has begun its first diamond drilling campaign at the Friday Gold Project in Idaho, aiming to validate historical high-grade gold and build a modern resource base.

Tesoro Gold has completed its 80-hole infill drilling at the Ternera Gold Deposit, delivering multiple wide, high-grade gold intercepts that underpin an imminent resource upgrade and maiden Ore Reserve.

Future Metals NL has raised $3.6 million through a two-tranche placement to advance its Panton PGM Project and support ongoing negotiations for the Savannah Nickel Operations acquisition.