Latest Resource Expansion News

Podium Minerals has announced a significant expansion of its Parks Reef Project in Western Australia with a new inferred copper-gold resource, enhancing the project's multi-metal portfolio and increasing its payable metals basket value by 21%.

Larvotto Resources has announced an initial tungsten mineral resource at its Hillgrove Project, revealing a significant by-product opportunity alongside gold and antimony. This development could diversify revenue streams and enhance project economics amid rising tungsten prices.

Catalyst Metals has received the final environmental approval to begin mining at its Trident Gold Project, marking a key step in its plan to double production at the Plutonic Gold Belt.

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.