Latest Resource Expansion News

Conico Ltd has raised $1.395 million through converting loans to fund exploration at its Mt Thirsty Joint Venture and resolve legal issues tied to its Greenland projects. The company also plans a $1.23 million entitlement offer and a share consolidation ahead of a key shareholder meeting in October.

Kuniko Limited has executed a binding earn-in and joint venture agreement to acquire up to 70% of the Commonwealth Gold-Silver Project in NSW, backed by a rights issue to fund exploration and drilling. The project offers significant resource potential in a Tier-1 jurisdiction with existing inferred mineral resources.

Panther Metals has announced a maiden JORC Mineral Resource Estimate at Burtville East, revealing a high-grade near-surface gold deposit and launching a scoping study to evaluate open pit mining potential.

Krakatoa Resources has lodged a strategic application to expand its Mt Clere Project eastward, potentially extending its rare earth footprint by over 9km at Dingo Pass, while completing a key drilling program at Stone Tank.

Kairos Minerals reports significant wide and high-grade gold intercepts from recent drilling at Mt York’s Main Hill, reinforcing potential for resource growth ahead of a key update.

Dart Mining NL’s latest deep diamond drilling at the Triumph Gold Project reveals significant new lodes and mineralisation extending well beyond current resource boundaries, promising a substantial upgrade to the New Constitution zone.

Larvotto Resources reports robust diamond drilling results at its Hillgrove project, confirming thick, high-grade gold-antimony mineralisation at Eleanora and Golden Gate. Exploration now shifts to promising new targets at Metz and Freehold.

Sunstone Metals’ latest surface sampling at its Bramaderos Project in Ecuador reveals promising expansions in gold-copper mineralisation, setting the stage for significant resource growth.

Australian Gold and Copper Ltd reports standout near-surface gold and silver assay results from its Achilles discovery in NSW, highlighting significant potential for resource expansion amid robust metal prices.

Manhattan Corporation has completed its maiden fieldwork at the Hook Lake Project in Nunavut, revealing extensive mineralized outcrops and preparing for a maiden drilling campaign in 2026. Assay results and a pioneering magnetic survey are set to unlock further exploration potential.

Variscan Mines has secured official approval of its Restoration Plan for the Novales-Udias Zinc Project in northern Spain, unlocking the path to mine production restart and extensive exploration drilling.

St George Mining’s latest drilling assays at the Araxá Project in Brazil reveal exceptional grades of rare earth elements and niobium, signaling a potential major resource upgrade.