Latest Resource Expansion News

Asara Resources has more than doubled its Kada Gold Project resource to 2.1 million ounces, including 1.3 million ounces in the indicated category, following a 73,000-metre drilling campaign. The company is fully funded to complete a Definitive Feasibility Study by mid-2027, positioning itself for rapid development in Guinea’s prolific Siguiri Basin.

West Wits Mining has transitioned from developer to producer with first gold poured at Qala Shallows, backed by a $97 million project finance package and a resource base expanded to 7.24 million ounces.

Resources & Energy Group (ASX:REZ) has delivered promising drill results from its Gigante Grande prospect, revealing significant gold mineralisation beyond the existing resource boundary and highlighting potential for a new resource at the Southern Extension.

Mammoth Minerals has intersected a fresh high-grade gold zone over 700 metres from its historic Buster Gold Mine in Nevada, expanding the Excelsior Project's mineral footprint. Concurrent surface sampling at the Blue Dick Prospect confirms extensive silver and gold mineralisation, underpinning a robust drilling campaign across multiple targets.

Kalamazoo Resources has reported standout high-grade gold intersections from its completed drilling at Mt Olympus within the Ashburton Gold Project, reinforcing the deposit’s continuity and growth potential ahead of a resource update.

Solstice Minerals has revealed significant new high-grade copper-gold intercepts at its Nanadie project, extending the resource footprint and strike length beyond previous estimates with drilling set to intensify.

Encounter Resources has appointed Simon Hay as Non-Executive Chairman and promoted Will Robinson to Managing Director/CEO, aligning leadership with its expanding niobium and copper-gold projects. The company’s Aileron niobium resource surged 54% in 2026, underpinning development ambitions.

Antipa Minerals has expanded gold-copper-lead-silver mineralisation at its Tim’s Dome target over more than a kilometre of strike, advancing diamond drilling to test a large untested electromagnetic conductor.

Wildcat Resources has delivered robust lithium assay results from its Bolt Cutter Central discovery and Tabba Tabba project, while tripling its exploration strike length through a strategic tenement rights acquisition.

PhosCo Ltd has achieved a metallurgical breakthrough at its Gasaat Phosphate Project, producing premium-grade phosphate concentrate with a simplified flotation process, potentially unlocking significant price premiums.

Minerals 260 has secured an expanded mining lease and acquired additional tenements, significantly enlarging its Bullabulling Gold Project footprint and advancing towards a final investment decision in early 2027.

Black Bear Minerals (ASX: BKB) has raised $12.5 million through a placement at a 16% discount to fund underground drilling and resource validation at its Shafter Silver Project in Texas, signaling strong institutional support for advancing mine restart plans.