Latest Resource Expansion News

Norwest Minerals has announced a substantial 74% increase in its Bulgera Gold Project resource, now totaling 501,000 ounces, driven by deeper drilling and a strategic cut-off grade revision aligned with heap leach economics.

Corazon Mining has kicked off its first diamond drilling program at the Two Pools Gold Project in Western Australia, aiming to unlock the structural secrets of this high-grade gold system. Initial assay results are expected soon, potentially setting the stage for a major resource expansion.

Astral Resources reports strong assay results from its recent drilling at the Spargoville Gold Project, revealing significant high-grade gold mineralisation and expanding known deposits. Concurrent drilling at Mandilla advances resource confidence ahead of a major update later this year.

Australian Gold and Copper Ltd (AGC) reports a significant milestone with a 38.5 million ounce silver-equivalent resource at its Achilles deposit, underpinning an ambitious 2026 exploration program across the South Cobar Basin.

Forrestania Resources has announced a JORC-compliant Mineral Resource Estimate of 103,500 ounces of gold at its Johnson Range Project, fulfilling a key condition for acquiring Aurumin Johnson Range Pty Ltd and Aurumin Mt Dimer Pty Ltd from Newcam Minerals.

Auric Mining has delivered a standout performance at its Munda Starter Pit, producing 46% more gold than budgeted and generating a net cash position of A$43.5 million. The results suggest a larger, higher-grade gold resource than previously estimated.

Orbminco Limited has announced a significant update to its Majestic North Gold Project resource, increasing contained gold ounces by 127% and highlighting a high-grade domain that could accelerate mining plans.

Aurum Resources has raised $28.8 million through a strategic placement led by Perseus Mining, boosting its cash reserves to over $60 million. This capital injection will fund an aggressive drilling campaign and feasibility studies for its key gold projects in Côte d’Ivoire.

Verity Resources has confirmed continuous gold mineralisation over approximately 7 kilometres of the Monument trend in Western Australia, highlighting promising new prospects and supporting plans for an updated resource estimate.

Kalamazoo Resources reports strong initial assay results from its Phase 1 drilling at Ashburton, confirming significant gold mineralisation beyond the existing 1.44Moz resource. The findings validate geological models and set the stage for further resource growth.

Dundas Minerals has launched a reverse circulation drilling campaign at its Rockland Gold Project near Kalgoorlie, aiming to extend a high-grade gold discovery along strike and at depth. The program also sets the stage for further exploration at nearby Baden-Powell.

Vita Resources has secured a pivotal recommendation from Yukon authorities to proceed with a five-year exploration program at its ICE Copper-Gold Project, marking a significant step forward in its Canadian mining ambitions.