Latest Resource Discovery News

Yugo Metals has secured a $385,000 VAT refund from Bosnia-Herzegovina authorities, strengthening its financial position alongside a recent $3.5 million capital raise. This funding boost sets the stage for accelerated exploration at its promising gold targets.

Gateway Mining has completed its acquisition of the Yandal Gold Project, revealing promising high-grade gold results and securing $22.5 million to fuel extensive exploration and drilling programs.

Green Technology Metals advances its Ontario lithium projects with new mining leases, a significant rubidium discovery, and a $4.5 million capital raise to fuel development.

Solis Minerals reports encouraging assay results from its Peruvian copper-gold projects alongside a $5.9 million capital raise to accelerate exploration and acquisition activities.

Scorpion Minerals Limited has resumed trading following a pivotal announcement on drilling results, a new tenement application, and a potential strategic partnership, alongside financing updates.

Far East Gold has announced a significant high-grade gold discovery at its North Bermol prospect in Indonesia, reinforcing the district-scale potential of the Idenburg project. Early drilling results reveal promising mineralisation similar to the main Bermol area, with further assays and drilling underway.

Kula Gold reports a maiden inferred tailings resource at Mt Palmer, confirms a significant niobium anomaly in Malawi, and completes a $2.5 million strategic placement to Forrestania Resources.

Noronex Limited has secured a significant earn-in agreement with South32, enabling a A$5 million exploration program at the Cgae Cgae Copper Project in Botswana. This deal expands their strategic alliance and sets the stage for extensive drilling activity in the Kalahari Copper Belt.

Taiton Resources has completed a significant share placement, issuing over 13 million new shares to sophisticated investors and granting employee options, aiming to advance its promising South Australian exploration projects.

Iceni Gold has reported a significant new gold intersection hosted in basalt at its Guyer project, expanding the known mineralised footprint beneath transported cover. This discovery emerges from a major drilling campaign within its 14 Mile Well Gold Project.

Koba Resources has identified a new high-grade uranium prospect, Delord, at its Yarramba Uranium Project in South Australia, with drill results exceeding 1,000ppm eU3O8. This discovery reinforces the project's potential and sets the stage for further exploration.

Gold Mountain Limited has announced a fully underwritten $1.5 million entitlement offer alongside a $2 million placement to accelerate exploration activities in Brazil and Papua New Guinea. The capital raising, discounted by 40% to recent share prices, is underwritten by major shareholder José Luis Manzano, who may increase his stake to nearly 20%.