Latest Resource Evaluation News

Firetail Resources has raised A$5 million in a strongly supported placement to accelerate exploration across its US and international gold and copper projects, including maiden drilling at the Excelsior Gold Project in Nevada.

Macro Metals Limited has progressed exploration at its Turner Iron Ore Project, secured a mining services contract in the East Pilbara, and completed key rehabilitation works, positioning itself for upcoming drilling and operational milestones.

Rokeby Resources has completed its acquisition of Stunalara Metals, securing promising gold-copper-antimony tenements, and commenced a maiden drilling campaign at the Hurricane Project in Queensland.

Peel Mining has completed key drilling and testwork at its Wagga Tank site while identifying promising gold targets at Nombinnie, setting the stage for expanded exploration.

Tlou Energy progresses gas production testing at Lesedi wells while pushing forward the Kala Data Centre project, targeting operational start in Q3 2025.

Power Minerals has received crucial environmental and hydrological approvals to begin drilling at its Pocitos Project in Argentina, a vital step toward establishing a lithium carbonate production hub in the Lithium Triangle.

Killi Resources reports that Gold Fields has exceeded its initial $2 million exploration commitment at the West Tanami Project, advancing geophysical surveys and soil sampling ahead of schedule.

Advance Metals has intersected multiple zones of visible gold in its latest diamond drilling at the Happy Valley Prospect, hinting at an expansion of high-grade mineralisation at the Myrtleford Project. Assay results are eagerly awaited to confirm the potential of this promising discovery.

Xstate Resources Limited has announced a re-compliance capital raising to fund its acquisition of a 51% interest in the Diona Project in Queensland and the drilling of the Diona-1 well, aiming to resume ASX trading.

GreenTech Metals has announced a substantial copper-zinc Exploration Target at its Whundo Project, signaling potential for near-term mining operations. The company is accelerating assessments of gold contributions and advancing mining studies to unlock value.

Southern Hemisphere Mining has partnered with FMR Resources in a conditional joint venture to explore the highly prospective Southern Porphyry Copper-Gold Target at the Llahuin Project in Chile, with drilling planned for late 2025.

Blue Star Helium has successfully drilled the State 9 well at its Galactica helium project in Colorado, confirming natural gas flow and progressing towards production. Laboratory tests on helium and CO2 concentrations are underway as the company prepares for production tie-in.