Latest Resource Expansion News

St George Mining has accelerated its final payments to Itafos, securing 100% unencumbered ownership of the Araxá Rare Earths and Niobium Project in Brazil. This move follows a significant equity raise aimed at advancing the project toward a Final Investment Decision.

Aldoro Resources has secured funding and acquired a state-of-the-art drilling rig to expand its Phase II drilling program at the Kameelburg REE-Niobium Project in Namibia, aiming to enhance resource definition and metallurgical testing.

Many Peaks Minerals reports promising 94% average gold recovery from preliminary metallurgical tests at its Ferké Gold Project in Côte d’Ivoire, highlighting potential for low-capex cyanide processing. The results support ongoing drilling and resource expansion plans at the Ouarigue prospect.

James Bay Minerals has reported promising drilling results at its Independence Project in Nevada, extending gold-silver mineralisation beyond the current resource estimate at South Hill and initiating new drilling at Rebel Peak targeting high-grade zones.

PC Gold has entered a $1 million Drill for Equity agreement with DDH1 to advance diamond drilling at its Spring Hill Gold Project, aiming to upgrade resources and push towards production milestones.

Magnetic Resources NL has discovered a fourth high-grade core zone at its Lady Julie North 4 deposit, signaling significant underground potential and resource expansion within the Laverton Project. Ongoing drilling and a recent $35 million capital raise underpin an aggressive push to grow the gold resource beyond 1.94 million ounces.

Cannindah Resources has reported a significant high-grade copper-gold intersection from its first step-out drillhole at the Mt Cannindah project, confirming structural controls and expanding the known mineralised zone.

Verity Resources has completed seven diamond drill holes at its Monument Gold Project, intersecting key mineralised formations beyond the current resource boundary and advancing its Phase 2 drilling program aimed at expanding gold resources.

Nexus Minerals has confirmed a significant new gold discovery at its Amand Prospect within the Wallbrook Gold Project, revealing multiple mineralised lodes over a large area with promising grades and widths.

Minerals 260 Limited has reported compelling new drilling results at its Bullabulling Gold Project, revealing significant high-grade gold mineralisation extensions that could boost the current 2.3 million ounce resource estimate.

Somerset Minerals has reported robust assay results from its Coppermine Project in Nunavut, confirming extensive high-grade copper mineralisation at Jura North with promising depth potential. The latest drilling reinforces the project's scale and resource upside.

Black Cat Syndicate’s ongoing underground drilling at Paulsens continues to reveal high-grade gold zones beyond current resources, supporting their More Gold, Sooner strategy. With 36 assay results pending and development advancing, the mine’s growth potential is increasingly evident.