Latest Resource Expansion News

BMC Minerals advances its 20,000m 2026 drilling campaign at Kudz Ze Kayah with standout high-grade sulfide intercepts at the Fuego Prospect, confirming a shallow mineralized zone adjacent to the proposed ABM Mine.

Mt Malcolm Mines has successfully closed a $1.04 million rights issue, securing capital to advance a processing plant feasibility study and exploration at its Malcolm Gold Project in Western Australia.

Pursuit Minerals has expanded its Rio Grande Sur Lithium Project in Argentina by acquiring exclusive rights over 1,362 hectares adjacent to its Mito tenement, increasing the project area to over 10,595 hectares and enhancing its lithium brine resource potential.

LinQ Minerals has reported substantial gold and copper intersections at its Dam deposit, extending the high-grade core downdip by 100 metres and uncovering a new gold-rich zone outside the current resource boundary. The latest drilling results reinforce the potential for resource expansion within the Gilmore Project.

Kingston Resources stops mining at Pearse South after a second geotechnical failure, pivoting to a major underground drilling program and launching a $11.6 million capital raise to underpin a long-term expansion at Mineral Hill.

Patagonia Lithium has locked in A$3.4 million through a placement priced at 10 cents per share, attaching options exercisable at 16 cents. The capital injection aims to fund further drilling, resource upgrades, and a lithium carbonate demonstration plant at its flagship Formentera project.

OzAurum Resources has delivered another round of strong near-surface gold intercepts at its Mulgabbie North Paleochannel Project, reinforcing a low-cost heap leach development pathway and progressing site construction.

Legacy Minerals has kicked off an 8-hole, 4,000m diamond drilling program at its Emu Copper-Gold Prospect, marking the first modern exploration of this historically significant target within the Mt Carrington Project in northern NSW.

Sierra Nevada Gold (ASX: SNX) has appointed Adam Oehlman as CEO to lead its next growth phase, focusing on advancing a three-rig drilling campaign in Saudi Arabia and trial mining in Nevada.

Mount Ridley Mines has unveiled exceptional scandium grades from its Phase 1 re-assay program at Grass Patch, revealing a new mineralised zone 13 kilometres beyond the existing resource boundary and highlighting significant untapped potential.

Peako Limited is set to acquire a substantial gold exploration portfolio in Saudi Arabia’s emerging Central Arabian Gold Region, backed by a $5.17 million placement to fund near-term drilling and exploration.

Titan Minerals has resumed drilling at its Dynasty Gold Project, revealing fresh near-surface gold and silver mineralisation through trenching at Cerro Verde. The project’s March 2026 resource stands at 3.9 million ounces of gold and 26.1 million ounces of silver, with a 10,000m drilling campaign underway and scoping studies progressing.