Latest Resource Expansion News

Redcastle Resources completes a 13,539m grade control drilling program at Redcastle Reef, delivering exceptional high-grade gold intercepts and identifying a 300m western extension. Sixteen new gold targets emerge across the underexplored TBone Belt as mine readiness progresses toward mid-2026 production.

Mont Royal Resources is on track to release an updated Preliminary Economic Assessment for its Ashram Rare Earths project in May, with a promising geological review highlighting the BD-Zone as a key area for resource expansion. The company also secured a strategic non-binding MOU with Saguenay Port Authority and extended funding for critical infrastructure.

Ordell Minerals has reported multiple high-grade gold intersections at its Barimaia project’s McNabs East Prospect, underpinning a 15,000m drilling program planned for May to July 2026 targeting resource growth and new discoveries.

Prospect Resources has delivered further gold assay results from its Nyungu Central deposit, reinforcing the potential for valuable by-product credits at the Mumbezhi Copper Project and setting the stage for an aggressive Phase 3 drilling campaign.

Lotus Resources has completed the first phase of a 10,000m infill drill program at its Letlhakane Uranium Project, revealing significant higher-grade uranium intercepts that underpin a resource upgrade planned for H2 2026.

Toubani Resources has kicked off construction at its Kobada Gold Project in Mali following a positive Final Investment Decision, while securing a US$83.5 million financing package to support development.

Alicanto Minerals has kicked off a 50,000-metre drilling campaign to expand the 915,000oz Mt Henry gold resource, backed by a fresh $18.1 million non-dilutive funding package and key leadership changes.

West Coast Silver has confirmed a substantial high-grade silver resource at Elizabeth Hill, supported by exceptional drill results and a maiden Mineral Resource Estimate, setting the stage for accelerated development.

Latitude 66 Limited has unveiled two new gold lodes at its Laverton Gold Project, significantly broadening the mineralised corridor at Tin Dog and reshaping exploration priorities.

Lefroy Exploration has transitioned to producer status with first gold from Lucky Strike, strong drilling results pointing to resource expansion, and a bolstered cash position supported by BML Ventures financing.

Asian Battery Metals has completed its acquisition of the Maikhan Uul Cu-Au VMS Project and is poised to start a fully permitted 2026 drilling campaign across its Mongolian copper and battery metals assets, backed by $5.25 million in cash.

Cannindah Resources has broadened its drilling campaign at the Cannindah Breccia deposit following promising signs of resource expansion, including newly identified mineralised zones extending over 550m beyond the current resource boundary.