Latest Resource Definition News

Amara Minerals has completed a $2.2 million placement by issuing 440 million shares at a 25% premium, backed by a $500,000 cornerstone investment from Nova Minerals. The funds will fuel drilling at its Victorian gold-antimony projects and support broader exploration ambitions.

Arrow Minerals has sealed its acquisition of an 80% interest in the Yarraloola Copper Project in Western Australia’s Pilbara, following a capital raising that underpinned the deal. The company’s next steps hinge on resource milestones that could trigger further share payments.

Golden Dragon Mining's latest drilling at Behring Bore within the Cue Gold Project has intersected further high-grade gold near surface, reinforcing the prospect’s potential as a large-scale mineralised system with open extensions.

Aguia Resources reports significant cost reductions and stable high-grade gold feed at its Santa Barbara Gold Project, despite a temporary dip in production as underground development advances.

Burley Minerals has wrapped up a key heritage survey over 290 hectares at its Cane Bore iron ore project, setting the stage for a maiden reverse circulation drilling campaign planned for July 2026.

Benz Mining has unveiled a maiden Exploration Target for its Glenburgh Gold Project, estimating up to 12 million ounces of gold largely defined by drilling. The project’s scale and geological setting support ambitions for a world-class gold system, with aggressive drilling planned to convert the target into a Mineral Resource by 2027.

Canadian Phosphate (ASX: CP8) secured $5.2 million through a rights issue and follow-on placement, positioning itself to accelerate exploration and development across key projects in Canada and the US.

Azzuro Resources has completed its first phase of drilling at the Red Hill Copper-Gold VMS Project in Mongolia, confirming continuity of a substantial massive sulphide system and identifying a high-grade copper interval. Assays are pending as geophysical surveys prepare to refine targeting.

Larvotto Resources has unveiled a substantial initial Exploration Target for the Midas Lode at its Hillgrove project, outlining a preferred 3.95 million tonnes at 5.16 g/t gold equivalent, accessible from surface and underground for near-term development.

Gorilla Gold Mines continues to expand its North Kalgoorlie Hub resource with standout high-grade intercepts at Sovereign and a promising shallow gold find at Lady Margaret, signalling robust exploration momentum.

OD6 Metals has dramatically expanded its Quinn Fluorspar Project in Nevada, staking 226 mining claims across seven project areas and uncovering multiple historic high-grade fluorspar occurrences. This strategic move positions the company to develop a district-scale operation supplying critical minerals to the US market.

Castle Minerals has secured a comprehensive historical exploration dataset worth over US$3 million for its Nielle Gold Project in Côte d'Ivoire, positioning the company for faster drill targeting and advancing the project towards maiden drilling.