Latest Resource Expansion News

Southern Cross Gold has successfully closed the second tranche of its C$143 million private placement, securing nearly C$30 million to fund critical milestones at its Sunday Creek Gold-Antimony Project in Australia.

Marmota Limited has released its first detailed report on the Greenewood Gold deposit, revealing multiple high-grade gold intersections near surface and plans for a new drilling campaign to expand the resource.

Brightstar Resources has kicked off its second ore processing campaign under a key agreement with Genesis Minerals, while development at its Fish underground mine remains on track for first ore in June. The company is poised for growth with a near-complete feasibility study and increased drilling activity.

Lake Resources has increased its Measured and Indicated lithium resource at the Kachi Project in Argentina to 8.2 million tonnes LCE, revealing higher-grade lithium zones and enhanced recovery technology. This update strengthens the project's economic outlook amid ongoing feasibility and environmental assessments.

Prospect Resources has kicked off an extensive Phase 2 drilling campaign at its Mumbezhi Copper Project in Zambia, aiming to expand and upgrade its maiden resource estimate while exploring new regional targets.

Strickland Metals is advancing its 7.4 million ounce Rogozna Gold and Base Metals Project in Serbia through expanded development studies, community engagement, and key management appointments. The company targets a scoping study release by year-end 2025.

Aguia Resources has secured key contracts and financing steps for its Tres Estradas phosphate project in Brazil, aiming for production start by late 2025 and first sales in early 2026.

Lode Resources has launched a 15-hole diamond drilling program at its Magwood Antimony Project in NSW, targeting multiple high-grade lodes including unmined mineralisation down to 450m. This move bolsters Lode’s strategic position in critical minerals amid rising antimony demand.

Solstice Minerals has completed a major Reverse Circulation drilling campaign at its Yarri Project in Western Australia, targeting promising gold prospects with assay results expected soon.

Aurum Resources has reported exceptional high-grade gold intercepts at its Boundiali Gold Project in Côte d'Ivoire, including a standout 1m hit at 73.10 g/t. The company is advancing aggressive drilling and development plans to significantly grow its gold resources in 2025.

Patriot Battery Metals has announced a substantial upgrade to its Shaakichiuwaanaan Lithium Project, solidifying its position as the largest lithium pegmatite resource in the Americas and advancing its feasibility study on track for Q3 2025.

New World Resources has announced a significant 25% increase in the Antler Copper Project's mineral resource to 14.2 million tonnes at 3.8% copper equivalent, with 88% now classified as measured and indicated, underpinning its path to production in 2027.