Latest Resource Expansion News

Critical Resources Limited has unveiled final assay results from its 2024 drilling campaign at the Mavis Lake Lithium Project, revealing high-grade spodumene mineralisation beyond its current resource estimate and highlighting significant expansion potential.

Hillgrove Resources has intercepted significant copper-gold mineralisation well below the existing resource at its Kavanagh deposit, opening new targets for resource expansion. The latest underground drilling results reinforce confidence in the Kanmantoo mine’s long-term potential.

Stellar Resources reports strong new tin drill results at Queen Hill, supporting resource upgrades and advancing the Heemskirk project towards production readiness.

Horizon Minerals has initiated a major two-phase drilling program at its Burbanks gold project to upgrade resource confidence and explore extensions, underpinning plans for a refurbished processing plant and first gold production by 2026.

LinQ Minerals Limited has filed a Replacement Prospectus for its IPO to raise up to $10 million, anchored by its 100%-owned Gilmore Project in NSW with a substantial 2024 Mineral Resource Estimate. The company aims to advance exploration and development of this significant gold-copper asset in a tier-1 jurisdiction.

Verity Resources has confirmed a new gold mineralisation trend at its Monument Gold Project in Western Australia, with early drilling results at the Triton Prospect supporting follow-up resource expansion plans. The company also highlights McKenzie Well as a promising new target, setting the stage for an aggressive exploration campaign.

New World Resources has secured a crucial environmental permit for its Antler Copper Project in Arizona, accelerating its path toward construction. This milestone reflects strong state support and positions the company to begin building later in 2025.

Enova Mining advances its CODA Central project in Brazil with six auger holes completed, targeting promising titanium and rare earth mineralisation. Assay results are anticipated by late July, alongside ongoing metallurgical testing to unlock processing pathways.

Aguia Resources’ latest NI 43-101 Technical Report on the Atocha Property in Colombia reveals significant high-grade gold and silver mineralization, supported by extensive drilling and sampling. The company proposes a CAD$600,000 exploration budget to advance this promising project.

Tolu Minerals has launched a AU$15 million exploration campaign deploying seven diamond drill rigs to expand the Tolukuma gold mineralised corridor in Papua New Guinea, aiming to boost production and extend mine life.

Far Northern Resources has reported impressive high-grade gold assay results from its Phase One drilling at the Bridge Creek mining lease, setting the stage for resource expansion along the Cosmo Howley anticline.

Duketon Mining has identified a significant new gold anomaly at its Killarney Project and is set to commence its first reverse circulation drilling campaign targeting high-grade extensions.