Latest Resource Expansion News

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.

Skylark Minerals’ latest drilling at the M’Basso Zone within its Zaranou Gold Project reveals thicker and richer gold intersections at greater depths, validating its geological model and hinting at significant resource expansion.

Legacy Minerals has announced a significant greenfields gold discovery at its Mascotte Prospect within the Mt Carrington Project, marked by strong initial diamond drilling results outside the existing resource base.

Advance Metals reports outstanding silver-gold assay results from final drill holes at its Yoquivo Project, reinforcing expectations for a maiden JORC Mineral Resource Estimate. The high-grade, vertically extensive mineralisation highlights significant growth potential in the Pertenencia area.

High-Tech Metals is poised to launch a significant 5,000-metre drilling campaign at its Mt Fisher Gold Project, aiming to grow and upgrade its existing gold resource by targeting high-grade zones beyond current boundaries.