Latest Resource Expansion News

Kairos Minerals has revealed a significant new gold discovery at its Mt York project in Western Australia, highlighted by a 53m intercept grading 1.45 g/t Au near Main Hill. This breakthrough could materially expand the project’s 1.4 million ounce resource base.

Great Boulder Resources has reported significant high-grade gold intersections extending the Ironbark deposit 180 metres south, with assays up to 39.5g/t Au, suggesting a substantial resource expansion potential.

Hawthorn Resources has initiated an extensive 8000m reverse circulation drilling program at its Anglo-Saxon gold project, aiming to enhance resource confidence and explore expansion opportunities following a positive pit optimisation study.

Silver Mines Limited has raised $33 million through a $30 million placement and a $3 million share purchase plan, bolstering its development and exploration ambitions in Australia and the US.

Horseshoe Metals advances its Horseshoe Lights copper-gold project with mining approval secured, site mobilization underway, and new drilling planned to expand resources.

Prospect Resources reports promising Phase 2 drilling results at its Mumbezhi Copper Project, revealing new strike extensions at the Nyungu Central deposit and advancing exploration across the licence.

Torque Metals has identified 15 down-hole electromagnetic conductor plates at its Paris Gold Project, correlating strongly with high-grade gold mineralisation and revealing significant upside beyond the current resource estimate.

Aurum Resources has announced a substantial 50% increase in the gold resource at its Boundiali Project in Côte d'Ivoire, lifting the total group resources to 3.28 million ounces. This milestone reflects successful drilling campaigns and sets the stage for further development.

FireFly Metals has secured environmental approval and reported exceptional metallurgical results for its Green Bay Copper-Gold Project in Canada, setting the stage for a production restart. With economic studies underway and strong funding, the project is rapidly advancing toward a scoping study release in early 2026.

Everest Metals Corporation has secured regulatory approval to begin mining at its Mt Dimer Taipan Gold & Silver Project, targeting production commencement in late 2025. The project’s inferred resource and ongoing contract negotiations position EMC for a promising small-scale operation.

TG Metals Limited has raised $2.6 million through a placement to accelerate exploration and development at its Van Gold Uden deposit and Gold City prospect in Western Australia.

Terra Uranium Limited (ASX – T92) reveals significant historic mineralisation of tin, tungsten, molybdenum, and silver at its Deepwater Project in New South Wales, underpinning its strategic acquisition of Dundee Resources Pty Ltd.