Latest Resource Definition News

Gorilla Gold Mines Ltd has raised A$31.7 million through a placement to accelerate exploration and resource growth at its key Western Australian gold projects. The capital injection strengthens the company’s cash position to about A$42 million, supporting ongoing and planned drilling campaigns.

Zuleika Gold has locked in $5 million in funding to boost exploration efforts and strengthen its financial footing in Western Australia's prolific gold belt.

QMines Limited has completed an 8,600m drilling campaign at Develin Creek and initiated a 36-hole, 5,000m maiden drilling program at the high-grade Mount Mackenzie Gold-Silver Project, aiming to unlock significant resource extensions.

SSH Group has landed a $2.53 million strategic placement from Hong Kong Xinhai Mining Services, marking a pivotal step in its evolution into a vertically integrated mining powerhouse.

Nimy Resources has successfully raised $4.88 million through an oversubscribed Share Purchase Plan, signaling strong investor confidence in its Western Australian gallium and rare earths projects.

Evergreen Lithium has secured key regulatory approvals to begin reverse circulation drilling at its Mt Monger Gold Project, targeting high-potential gold prospects Duchess of York and Kiaki Soaks. The campaign aims to unlock valuable insights and guide further exploration in 2026.

Pinnacle Minerals has launched its first on-ground exploration program targeting gold, silver, antimony, and tungsten across key projects in the U.S., aiming to validate historical data and identify new drill targets.

Ballard Mining’s September quarter report highlights promising drilling results at its Mt Ida Gold Project and secures final approvals for a 2.0 Mtpa processing plant, underpinning its development ambitions.

BPM Minerals has secured the Forelands Gold Project with promising high-grade intercepts and divested its Claw Gold Project to Capricorn Metals, bolstering its cash position ahead of upcoming drilling.

Sarama Resources has completed the third tranche of its A$2.7 million equity placement, raising A$100,000 to advance exploration at its Cosmo Gold Project and support ongoing arbitration efforts.

Solis Minerals has entered a binding agreement to acquire up to 75% of the Cucho Copper Project in Peru, a large-scale porphyry system with promising historical drilling results and significant untested exploration targets. The company plans a 5,000-metre drilling program in 2026 aiming for a maiden resource estimate and economic assessment.

Ronin Resources has confirmed early-stage gold, silver, and copper mineralisation at its La Punilla Project in Argentina, sparking plans for intensified exploration.