Latest Resource Expansion News

Resources & Energy Group Limited (ASX, REZ) has initiated reverse circulation drilling at its East Menzies Gold Project, aiming to expand known gold mineralisation and explore new targets at Gigante Grande and Goodenough deposits.

Pursuit Minerals has delivered a compelling Pre-Feasibility Study for its Rio Grande Sur lithium project in Argentina, confirming strong economics and a maiden Ore Reserve. The company also secured a A$7 million capital raise to advance development.

West Wits Mining has announced a substantial 44% increase in its gold resource at the Witwatersrand Basin Project, boosting the total to 7.24 million ounces and setting the stage for imminent production at Qala Shallows.

Strickland Metals has reported compelling new drilling results at its Gradina Deposit in Serbia, revealing strong gold and base metal mineralisation that extends beyond the existing 1.2 million ounce resource. These findings highlight significant growth potential within the Rogozna Project.

Alicanto Minerals has won shareholder approval to acquire the Mt Henry Gold Project in Western Australia, unlocking a 915,000oz gold resource and appointing Jeff Sansom as CEO to spearhead growth.

Ballard Mining reports strong early 2026 drilling results at its Baldock deposit within the Mt Ida Gold Project, underpinning a major resource expansion and a maiden Ore Reserve due mid-year.

PC Gold has unveiled a remarkable high-grade gold intercept at its Spring Hill project, hitting 25 metres at 36.83 grams per tonne gold in a newly identified Macau Link Zone that connects the Macau and Hong Kong lodes.

Lithium Energy Limited has completed the sale of its Solaroz Lithium Brine Project, receiving US$21.7 million in cash and setting the stage for renewed focus on its graphite and gold-copper assets. The company is actively progressing exploration and development programs to meet ASX reinstatement criteria.

Variscan Mines has achieved a pivotal permitting milestone for its San Jose Mine and reported its highest-grade zinc intercepts to date at the Udías Mine, advancing its Novales-Udías Zinc Project towards production.

Matsa Resources reported solid progress at its Lake Carey Gold Project, delivering $11.73 million in gold sales and initiating new exploration drilling to boost its resource base.

Cavalier Resources has taken a significant step forward at its Crawford Gold Project by signing a Native Title Agreement and delivering promising drilling results that support resource expansion. The company is advancing towards production while exploring funding options.

Resources & Energy Group Limited (REZ) has kicked off a new drilling campaign at its East Menzies Gold Project, backed by a $2 million capital raise, aiming to expand its mineral resources and advance towards production.