Latest Resource Expansion News

Power Minerals has sealed its acquisition of the Morro do Ferro Rare Earths Project, a high-grade rare earth asset in Brazil, setting the stage for accelerated exploration and resource definition.

Venari Minerals has delivered a maiden JORC Inferred Mineral Resource Estimate for its Red Mountain Lithium Project in Nevada, revealing 3.03 million tonnes of contained Lithium Carbonate Equivalent. The company also reported improved beneficiation results and completed a share buyback to streamline its register.

Rokeby Resources (ASX:RKB) has secured the Omeo Gold Project in Victoria, adding a historical resource of 320,000 ounces at 4.0 g/t Au and launching a $4 million capital raise. The acquisition ushers in leadership changes and sets a clear path for resource expansion.

Great Boulder Resources accelerated drilling at its Side Well Gold Project, delivering a jaw-dropping 1.93m intercept grading 574g/t gold, including an extraordinary 0.25m at 4,434g/t, while maintaining a solid $12 million cash position.

Unico Silver has reported a 143% surge in its Joaquin project's mineral resource to 167 million ounces silver equivalent, reinforcing its status as a major silver developer. The company also progressed key pre-feasibility studies and expanded its investor reach with a US OTCQB listing.

Cygnus Metals has secured A$25 million in a tightly priced placement to accelerate exploration and development at its Chibougamau Copper-Gold Project. Recent drilling at Golden Eye returned impressive high-grade gold and copper intercepts, supporting resource upgrades and expansion plans.

American Uranium Limited is gearing up to drill 55 holes at its Lo Herma ISR uranium project in Wyoming, aiming to expand and upgrade mineral resources ahead of a Q3 2026 resource update and Scoping Study.

GreenTech Metals has consolidated a dominant West Pilbara position by acquiring 70% of the Munni Munni PGE-Cu-Ni Project and completed a cost-saving Phase 1 drilling and historic core resampling program. Early data hints at significant resource expansion ahead of a JORC 2012 upgrade.

Brazilian Critical Minerals (ASX: BCM) has reinforced the scale and quality of its Ema rare earth project with strong drilling results and steady progress on permitting and feasibility studies, positioning it well amid tightening global supply.

New Murchison Gold (ASX:NMG) has uncovered its deepest and highest-grade gold intercept to date below the Crown Prince open pit, underscoring significant underground mining potential at its flagship Garden Gully project.

Prospect Resources has significantly boosted its Mumbezhi Copper Project resource base by 63%, lifted contained copper by 50%, and secured A$45 million in fresh capital to fund an aggressive drilling campaign starting May 2026.

Emerald Resources NL posted a record March quarter pre-tax operating cash flow of A$143 million from its Okvau Gold Mine, maintaining full-year gold production guidance while progressing development and exploration at its Dingo Range and Memot projects.