Latest Resource Definition News

Sunshine Metals has secured nearly $400,000 in Queensland government grants to advance drilling and geophysical surveys at its Ravenswood Consolidated Project, targeting promising gold and copper deposits.

Thunderbird Resources advances exploration of high-grade gold and antimony projects in New South Wales, while progressing copper and uranium ventures in Peru and Canada.

Koonenberry Gold has raised $5 million through a strategic placement to accelerate extensive drilling at its Enmore project and continue exploration in the Lachlan region.

Raiden Resources has increased its ownership in the Vuzel Gold Project from 51% to 75%, marking a key milestone driven by promising near-surface and high-grade gold discoveries. The company eyes further ownership gains as drilling continues.

Atlantic Lithium has announced the discovery of spodumene pegmatite with high-grade lithium assays at its Agboville and Rubino licences in Côte d’Ivoire, marking a significant expansion beyond its flagship Ghana project.

West African Resources reports exceptional high-grade gold intercepts from diamond drilling below existing reserves at its M1 South underground mine, signaling a potential boost to its resource base and long-term production outlook.

Augustus Minerals has expanded the high-grade gold surface sampling zone at its Clifton East prospect near Leonora to approximately 950 metres, reinforcing the project's potential with impressive assay results.

Brightstar Resources outlines an ambitious growth plan to boost gold production from 20koz to 200koz per annum by 2029, anchored by upcoming feasibility studies and resource upgrades across its Western Australian hubs.

Nimy Resources has raised $2.75 million through a share placement to fast-track exploration and resource definition at its promising Block 3 gallium discovery in Western Australia amid soaring global gallium prices.

First Au Limited has entered a binding term sheet to progressively acquire full ownership of the Nimba Gold Project in Liberia, backed by a planned A$1 million equity raise to fund exploration. The project’s proximity to a major West African gold mine and promising drill results position FAU for a strategic expansion into a stable, mining-friendly jurisdiction.

Terrain Minerals has kicked off a 3,350-meter drilling campaign at its Lightning and Monza prospects, aiming to expand on recent high-grade gold and silver discoveries. Concurrently, the company has opened a $1.8 million rights issue to fund ongoing exploration and development.

Axel REE Limited's latest auger drilling results from Brazil's Poços de Caldas Caldera reveal significant high-grade rare earth mineralisation, expanding the footprint of its Caldas Project and underscoring its potential in the critical minerals sector.