Latest Resource Expansion News

Savannah Goldfields Limited has reported promising high-grade gold intercepts from recent drilling at its Electric Light Prospect in North Queensland, with plans for further exploration and metallurgical testing underway.

Polymetals Resources has identified a promising new zone of massive sulphide mineralisation south of its Endeavor Mine, prompting plans to accelerate exploration efforts.

Torque Metals reports robust step-out drilling results at its Paris Gold Project in Western Australia, revealing multiple high-grade gold lodes extending well beyond current resource boundaries. New conductor plates identified by electromagnetic surveys signal significant exploration upside.

VBX Limited has completed extensive drilling programs at its Wuudagu Bauxite Project and strengthened its development team, positioning itself strongly amid rising Chinese demand and supply risks in Guinea.

Verity Resources reports strong Phase 1 infill drilling results at its Monument Gold Project, validating geological models and supporting a resource upgrade. Phase 2 drilling is underway to explore further expansion potential.

Southern Cross Gold reports a major breakthrough at its Golden Dyke prospect with a 168-meter high-grade gold-antimony mineralized intersection, hinting at a vast, connected system with Rising Sun. The discovery underscores the strategic value of the Sunday Creek project amid critical mineral supply concerns.

St George Mining’s latest diamond drilling results at the Araxá Project confirm a significant westward extension of high-grade rare earth and niobium mineralisation, reinforcing the potential for a major resource upgrade.

Beacon Minerals has announced a robust Laterite Ore Reserve at its Iguana Deposit, projecting strong pre-tax cash flows and a streamlined 12-month mine life. The Pre-Feasibility Study underscores the project’s economic viability amid current gold prices.

Lefroy Exploration is set to launch drilling programs at its Burns Gold Deposit, aiming to expand near-surface high-grade gold resources and validate metallurgical recovery. The deposit’s open-ended potential signals a promising phase for the company’s exploration strategy.

Regis Resources reported a solid September quarter with 90.4koz gold production and a $158 million increase in cash and bullion. Key underground projects at Garden Well Main and Rosemont Stage 3 began ore production, supporting steady FY26 guidance.

Encounter Resources reports significant resource growth at its Aileron Niobium-REE-Copper Project and maiden inferred copper resource at Yeneena, backed by a strong $15 million cash position.

Aeris Resources reported steady Q1 FY26 production with 10.3kt copper equivalent at AISC of A$4.64/lb, alongside significant growth capital investment and promising exploration results.