Latest Resource Definition News

Critica Limited has marked a significant milestone in its Jupiter rare earths project, commissioning a pilot plant and producing its first high-grade mixed rare earth oxide product, underscoring its path from resource to revenue.

Mithril Silver and Gold Limited reports robust exploration progress in Mexico’s Copalquin District, extending high-grade gold and silver mineralisation while maintaining a healthy cash balance to fund ongoing drilling.

Kairos Minerals has completed a $27 million placement and secured a landmark mineral rights agreement with Pilbara Minerals, significantly expanding its Mt York Gold Project drilling program and advancing exploration at Roe Hills.

Elevate Uranium has raised $25 million through a well-supported placement, boosting its cash reserves to nearly $44 million. The funds will accelerate its proprietary U-pgrade™ pilot plant and expand uranium resource drilling in Namibia and Australia.

Western Yilgarn NL has significantly boosted its bauxite portfolio with two new JORC-compliant resource estimates and confirmed high-grade gallium and cobalt discoveries, positioning itself strongly in critical minerals and gold exploration.

Fin Resources Limited has acquired a 100% interest in the drill-ready Cabin Lake Gold Project in Canada’s Northwest Territories, backed by a recent A$1.5 million capital raise to accelerate exploration activities.

Carnaby Resources reports strong September quarter progress, including significant high-grade copper-gold drill results, full JV buyout, and a $12.5 million placement to advance its Greater Duchess project.

Litchfield Minerals has intersected over 200 meters of continuous copper-zinc mineralisation at its Oonagalabi project, revealing a robust and extensive system. Planned step-out drilling aims to nearly triple the strike length to 600 meters, signalling significant exploration upside.

Red Metal Limited reports significant progress across its rare earth, gold, and copper projects, alongside a $16 million capital injection into its Maronan Metals subsidiary. Key drilling and metallurgical studies set the stage for resource upgrades and scoping studies in 2026.

Rincon Resources advances its Western Australia exploration with new drilling at South Telfer and full acquisition of the Crackerbox Gold Project, while refining targets at Laverton.

Pancontinental Energy has identified significant new oil prospects within its PEL 87 permit, boosting total high-case prospective resources to 6.1 billion barrels. The company advances its farmout process and seeks a 12-month exploration extension amid strong regional activity.

Australian Silica Quartz Group reports promising gold drill results at Koolyanobbing Metals Project and seeks partners to fund exploration, supported by property sales.