Latest Resource Expansion News

OzAurum Resources has completed its extensive grade control drilling at Mulgabbie North, delivering consistent high-grade gold intercepts at shallow depths and progressing site civil works for heap leach infrastructure.

Sky Metals has reported new shallow, wide, high-grade tin-tungsten-silver drill intercepts at its Tallebung Project, expanding the deposit ahead of an imminent Mineral Resource Estimate and Pre-Feasibility Study.

Raptor Metals has delivered further high-grade copper and polymetallic assay results from its Chester Project in Canada, confirming a large-scale stacked VMS system and extending mineralisation over 2.5km. These findings enhance the geological model and support resource growth potential.

Odyssey Gold’s latest drilling at the Bollard deposit within the Tuckanarra Project has delivered high-grade gold results that confirm the presence of multiple plunging shoots beneath the historical pit, hinting at significant resource expansion potential.

Skylark Minerals has completed Phase 1 drilling at its M’Basso Prospect, defining a 750m mineralised strike and identifying a new eastern gold zone. Metallurgical tests show 95% gold extraction, supporting a straightforward processing route.

Godolphin Resources has hit a significant new polymetallic sulphide system named Cousin Jack at its Lewis Ponds project, with maiden drilling revealing broad zones of high-grade zinc, copper, lead, silver, and gold mineralisation.

GoldArc Resources has identified distinct critical element associations with gold mineralisation at Mt Stirling and Mt Stirling Well, advancing metallurgical test work and mine planning with BML Ventures.

Far East Gold has increased its ownership of the high-grade Idenburg Gold Project in Indonesia to 51%, issuing $6.5 million in shares to vendors and setting sights on an 80% stake after feasibility study approval.

Macro Metals has uncovered high-grade iron assays up to 62.1% Fe in newly mapped areas adjacent to its existing 16.1Mt @ 54.2% Fe resource at the Extension Iron Project, while environmental surveys clear the way for upcoming approvals.

McLaren Minerals reports exceptional heavy mineral assay results from its ongoing drilling at the McLaren Titanium Project, with bonanza grades up to 34.6% HM and promising extensions beyond current resources.

Kingston Resources secures $12.9 million through placement and entitlement offer to fund a 25,000m drilling program and plant expansion at its Mineral Hill polymetallic mine, bolstering cash reserves to $32.3 million ahead of a planned operational restart.

Asara Resources has delivered strong assay results from its ongoing drilling at the Massan deposit, underpinning plans to upgrade and expand its gold resource at the Kada Project in Guinea.