Latest Resource Expansion News

Northern Minerals has raised $60.5 million through a placement to institutional investors, aiming to fast-track its Browns Range heavy rare earths project and repay existing debt.

Terra Metals has confirmed a major new style of mineralisation at its Dante Project, discovering thick titanium–vanadium–copper-cobalt sulfide reefs at the Southwest Prospect. Early drilling assays reveal promising grades and significant cobalt content, hinting at substantial resource expansion potential.

Canterbury Resources has successfully completed a deep drill hole at its Briggs Copper Project, intersecting continuous porphyry copper mineralisation and extending its drilling program to explore further along strike.

Alkane Resources has announced significant new gold mineralisation discoveries at its Tomingley Gold Operations in NSW, revealing promising expansions at the McLeans and Roswell underground deposits.

Panther Metals reports exceptional gravity recoverable gold results from metallurgical testing at Burtville East, highlighting potential for cost-effective onsite processing and reinforcing the project's strong economic prospects.

Critical Resources Limited has strategically expanded its Mavis Lake Lithium Project in Ontario by staking an additional 80 km² of highly prospective land, increasing its footprint to over 400 km². This move strengthens its position in a key lithium and multi-commodity corridor ahead of anticipated market upswings.

Western Gold Resources has confirmed strong grade continuity and mineralisation at its Gold Duke Project, underpinning a positive Decision to Mine. The comprehensive drilling program supports robust cash flow forecasts and a rapid project payback.

Metal Bank Limited is advancing its Western Australia gold strategy with significant resource development at Livingstone and a binding agreement to acquire Hastings Technology Metals’ WA gold assets, while also progressing critical minerals projects in Queensland and Saudi Arabia.

Resources & Energy Group Limited (REZ) has secured approval to expand gold vat leach production at its East Menzies Gold Project, transitioning from trial to commercial scale. The company also announced a maiden JORC 2012 Inferred Mineral Resource at Gigante Grande, underpinning future growth.

St George Mining reports exceptional high-grade rare earth and niobium mineralisation at its Araxá Project in Brazil, alongside a strategic US partnership and a significant capital raise to fuel expansion.

BMG Resources reports encouraging drill results and advances a scoping study at Abercromby, while Bullabulling drilling confirms multiple gold lodes and potential resource expansion. A recent $600,000 placement supports ongoing development.

Adavale Resources has reported significant gold mineralisation extending beyond current estimates at its London Victoria Gold Mine, alongside securing $3.1 million in funding and appointing David Ward as Managing Director.