Latest Resource Expansion News

Tolu Minerals has launched a AU$15 million exploration campaign deploying seven diamond drill rigs to expand the Tolukuma gold mineralised corridor in Papua New Guinea, aiming to boost production and extend mine life.

Far Northern Resources has reported impressive high-grade gold assay results from its Phase One drilling at the Bridge Creek mining lease, setting the stage for resource expansion along the Cosmo Howley anticline.

Duketon Mining has identified a significant new gold anomaly at its Killarney Project and is set to commence its first reverse circulation drilling campaign targeting high-grade extensions.

Great Boulder Resources has raised $12.5 million through a placement to institutional investors, positioning the company to fast-track exploration and resource expansion at its flagship Side Well Gold Project.

Zenith Minerals has announced a significant 41% increase in the inferred gold resource at its Dulcie Far North Project, now totaling 302,000 ounces. This milestone follows extensive drilling and strategic land consolidation, positioning the project for further growth.

Alligator Energy has raised A$17.25 million through a strongly supported placement to institutional investors, positioning the company to advance key development stages at its Samphire Uranium Project. The funds will underpin exploration, feasibility studies, and the upcoming Field Recovery Trial.

African Gold Ltd has announced a remarkable 119% increase in the inferred gold resource at its Blaffo Guetto prospect in Cote d’Ivoire, now approaching 1 million ounces. With $12 million in funding secured, the company is set to accelerate drilling to unlock further potential across the Didievi Project.

Trigg Minerals advances its Antimony Canyon Project with near-term pilot extraction plans and a strategic land expansion linking new mineralised zones in Utah, positioning itself to address critical US antimony supply needs.

FireFly Metals has successfully completed a C$28.4 million Canadian bought deal as part of a broader A$70.1 million equity raising, positioning the company to advance its high-grade copper-gold projects in Canada.

Saturn Metals reports strong high-grade gold drilling results at Apollo Hill, reinforcing its 2.03 million ounce resource and setting the stage for a resource upgrade and feasibility studies later this year.

Cygnus Metals has raised A$18.3 million through a well-supported share placement to accelerate resource expansion and mining studies at its flagship Chibougamau copper-gold project following strong drilling results.

PolarX Limited has obtained a US$2 million unsecured loan from its largest shareholder Northern Star Resources to accelerate exploration at its Alaska Range Copper-Gold Project. The funding will support an extensive 2025 drilling and geophysics program targeting resource expansion at the Caribou Dome site.