Latest Resource Definition News

Vita Resources has commenced mobilisation for its inaugural auger drilling campaign at the Ninnis Gold Project in Western Australia, targeting key regional structures known for significant gold discoveries.

Zeus Resources Limited has had its trading suspension lifted following an announcement on trenching activities at its Casablanca Antimony Project, signaling renewed market engagement.

Golden Deeps has identified three significant sulphide targets at its Graceland prospect in Namibia, with maiden drilling revealing exceptional grades of copper, silver, zinc, germanium, and antimony. These findings bolster the company’s ambition to replicate the world-class Tsumeb deposit nearby.

Rincon Resources has successfully raised $3.1 million to fund an expanded drilling campaign at its promising Telfer South Gold-Copper Project, following the discovery of a significantly larger mineralised zone at the Hasties Prospect.

Catalina Resources has reported a significant gold discovery at its Yerilgee Project in Western Australia, intersecting 48 metres at 2.61 grams per tonne from just 15 metres depth. This initial assay confirms a robust mineralised system with a high-grade core, setting the stage for further exploration.

Red Mountain Mining has reported outstanding high-grade antimony and anomalous gold assay results from its Thompson Falls Antimony Project on the Montana-Idaho border, signalling promising resource potential near the only operating US antimony smelter.

Kingfisher Mining has agreed to sell its Gascoyne rare earth elements project to Dreadnought Resources for $2 million in shares plus milestone payments, freeing capital to advance its copper-gold portfolio in New South Wales.

Many Peaks Limited has expanded the gold mineralisation strike at its Ferké Gold Project in Côte d’Ivoire to more than 1.1 kilometres, supported by strong assay results from recent drilling campaigns. This advancement highlights the potential for a significant increase in resource volume and open-pit reserve conversion at the Ouarigue prospect.

Waratah Minerals reports significant drilling results that expand high-grade gold zones at its Spur Gold Project in New South Wales, confirming a rapidly growing gold system with world-class potential.

Gold Mountain Limited has reported significant new rare earth and gold anomalies at its Down Under Project in Brazil, boosting the prospectivity of this emerging mineral province. The latest stream sediment sampling results confirm extensions of known mineralisation and reveal new high-potential gold targets.

Terra Metals has raised $85 million through an institutional placement to fast-track exploration and development of its promising Southwest Prospect within the Dante Project in Western Australia.

Basin Energy has executed a definitive agreement to sell its Marshall Uranium Project to Green Canada Corporation, securing upfront payments and retaining significant future upside through equity and buyback options.