Latest Resource Expansion News

Arrow Minerals has reported a maiden Mineral Resource of 185 million tonnes at 42.3% alumina for its Niagara Bauxite Project, alongside strong progress on a scoping study targeting June 2025 completion. The company is also advancing its Simandou North Iron Project with strategic partnerships and metallurgical work.

Siren Gold has submitted a Mining Permit application for its Sams Creek gold project in New Zealand, supported by a robust Scoping Study and plans for infill drilling to upgrade resource confidence. Exploration momentum continues at its Langdon’s and Queen Charlotte projects, positioning the company for a transition from exploration to development.

Sun Silver Limited has initiated a focused drilling campaign at its flagship Maverick Springs Project in Nevada to upgrade its substantial 480Moz silver-gold resource and explore expansion opportunities.

Helix Resources has entered binding agreements to earn up to 40% of the Gold Basin oxide gold project in Arizona, a significant move supported by a planned resource update incorporating extensive recent drilling.

Argent Minerals reported robust exploration progress in the March 2025 quarter, revealing extensive silver-gold-copper-lead-zinc mineralisation across multiple NSW prospects and exceptional gold grades at Trunkey Creek. The company maintains a solid cash position to advance its projects.

Godolphin Resources has reported multiple high-grade drill results from its Lewis Ponds project, exceeding expectations and highlighting significant potential for resource growth. The company also secured $1 million in new equity funding to advance metallurgical testing and resource upgrades.

Magnetic Resources NL has significantly increased the Lady Julie North 4 gold deposit resource to 1.55 million ounces, supported by ongoing high-grade drilling and exceptional metallurgical recoveries of up to 97.5%. Feasibility studies for combined open pit and underground mining are advancing, targeting 150,000 ounces per annum over eight years.

Critica Minerals Limited has announced a significant milestone with its Jupiter Project, revealing Australia’s largest and highest-grade clay hosted rare earth resource alongside successful metallurgical test results that promise substantial mass reduction and grade upgrade.

Hot Chili Limited reveals a significant copper-gold porphyry discovery at La Verde, underpinning the growth of its Costa Fuego project in Chile with strong resource expansion and strategic infrastructure advantages.

Galileo Mining has released new assay results from its 2024 aircore drilling at the Mission Sill prospect near Norseman, confirming significant palladium and platinum mineralization and setting the stage for an imminent follow-up drilling campaign.

Variscan Mines reports strong progress in its maiden underground drilling at the Udias Mine, with assay results expected soon, while advancing critical studies for a mine restart at its Novales-Udias Project.

Havilah Resources has completed a 7,511-metre drilling program at its Mutooroo copper-cobalt-gold project, revealing promising extensions beyond the current resource envelope. Collaborative efforts with JX Advanced Metals Corporation advance metallurgical and mining studies, underpinning a potential resource upgrade.