Latest Resource Expansion News

Marmota Limited reveals bonanza-grade gold assays up to 107 g/t from its inaugural drilling at Campfire Bore, highlighting significant high-grade zones and promising extensions.

Capricorn Metals Ltd has reported a substantial 41% increase in the Ore Reserve Estimate at its Mt Gibson Gold Project, driven by ongoing drilling that continues to deliver exceptional high-grade results and promising underground potential.

Brightstar Resources has initiated ore haulage from its Laverton Hub under a key Ore Purchase Agreement, setting the stage for its first gold pour in March 2025 and positioning the company for growth amid record gold prices.

Verity Resources has confirmed a significant 1.1km extension of gold mineralisation at the Fred's Well Prospect within its Monument Gold Project in Western Australia, highlighting promising drill results and plans for pit optimisation studies in 2025.

29Metals Limited delivered a robust December Quarter 2024 update, marked by significant operational progress including high-grade copper discoveries at Europa and a successful debt refinancing that strengthens its financial footing.

Antipa Minerals Ltd reports multiple high-grade gold and copper intersections from its Minyari Dome Project, reinforcing the potential for significant resource expansion. The latest drilling results highlight near-surface mineralisation and set the stage for an advanced economic study.

Truscott Mining Corporation reports significant progress in its Tennant Creek gold projects, underpinned by robust research and plans for expanded drilling funded through new capital raising.

Perseus Mining reported a 9% rise in gold production and a robust cash and bullion balance of US$704 million in Q2 FY25, alongside strategic progress on its CMA underground and Nyanzaga projects.

Yandal Resources reports significant gold mineralisation at its Siona and Caladan prospects, underpinning a robust cash position and an active 2025 exploration agenda.

Castle Minerals Limited reports robust gold intercepts from recent drilling at its Kandia Prospect in Ghana, confirming mineralisation continuity and depth extension with promising implications for resource growth.

Orbminco Limited reports encouraging diamond drilling results at its Bronze Fox Copper-Gold Project in Mongolia, alongside progress on divesting its Mt Venn Project in Western Australia.

Torque Metals and Aston Minerals have announced a merger to create a leading gold-focused explorer with combined resources of 1.75 million ounces, aiming to accelerate growth and exploration in premier gold regions of Australia and Canada.