Latest Resource Expansion News

Aldoro Resources has confirmed a substantial inferred mineral resource at its Kameelburg Rare Earth Element and Niobium project in Namibia, with Phase II drilling underway targeting high-grade zones. The company also moves to streamline its portfolio by divesting non-core assets.

Gibb River Diamonds has begun mining at its Edjudina Gold Project in Western Australia, stockpiling high-grade ore and securing a processing deal with Black Cat Syndicate. First cash proceeds are expected by early 2026, marking a pivotal step for the company.

Cygnus Metals reports a substantial 78% increase in Measured and Indicated resources at its Chibougamau Copper-Gold Project, including a maiden resource for the Golden Eye deposit, setting the stage for an updated economic study in early 2026.

Verity Resources has completed an Induced Polarisation survey at its Perseverance prospect, aiming to pinpoint gold sulphide zones along a promising 500m strike within the Monument Gold Project. This marks a strategic step toward expanding the project's 154,000-ounce inferred resource.

TG Metals Limited reports impressive high-grade gold assay results from shallow drilling at its Van Uden Project, setting the stage for a mineral resource update in early 2026. The findings highlight promising resource expansion potential and ongoing exploration momentum.

Terra Metals has released its first Mineral Resource Estimate for the Dante Project, revealing substantial polymetallic deposits and a new thick reef discovery, backed by a $15 million capital raise to accelerate exploration.

Aurum Resources has reported exceptional high-grade gold intercepts at its Boundiali Gold Project in Côte d’Ivoire, including a standout 0.8m at 350 g/t gold. The company is accelerating exploration with an expanded drilling fleet and preparing major resource updates and a Pre-Feasibility Study for early 2026.

Cygnus Metals has promoted Nick Kwong to CEO as the company focuses on updating economic studies and expanding resources at its Chibougamau Project. The leadership change aligns with a dual strategy targeting resource growth and a refreshed Preliminary Economic Assessment.

Adavale Resources has appointed industry veteran David Ward as Managing Director to spearhead exploration and drilling at its flagship Parkes Gold-Copper Project, aiming to unlock significant value in one of Australia’s richest mineral provinces.

Cosmo Metals has initiated its first-ever drilling campaign at the Spring Creek prospect within the Bingara Project, aiming to unlock the potential of previously identified high-grade gold mineralisation. This program marks a pivotal step in exploring the largely underexplored gold-antimony-copper corridor in New South Wales.

Encounter Resources has extended high-grade niobium and rare earth element mineralisation over 1km east of its initial Green deposit resource, confirming the scale of this critical minerals system in Western Australia.

Everest Metals Corporation has secured mining approvals for its Mt Dimer gold project and initiated resource upgrades at its Mt Edon critical minerals site, while expanding its Revere gold project through strategic acquisition and capital raising.