Latest Resource Expansion News

Alkane Resources has unveiled its FY2026 production and cost guidance following its merger with Mandalay Resources, projecting significant growth across its Australian and Swedish operations.

AuMEGA Metals has reported significant progress at its Cape Ray Project, extending gold mineralisation at the Central Zone and completing its largest-ever exploration program. The company is well-funded and poised for resource growth.

Sunrise Energy Metals has nearly doubled the scandium content at its Syerston Project, confirming it as the world’s largest and highest-grade scandium deposit. This comes as global supply tightens due to new Chinese export restrictions.

Beacon Minerals has secured critical regulatory approvals for the Iguana Deposit, setting the stage for mining operations and a comprehensive five-year resource development strategy.

Asra Minerals sharpens its exploration focus at the Mt Stirling gold project, unveiling promising new targets and securing $3.25 million to fund aggressive drilling campaigns.

Horizon Gold has initiated a 4,400m drilling campaign at its Gum Creek Gold Project to expand its 2.14 million ounce gold resource, targeting multiple prospects near the historic Gidgee Mill. A follow-up diamond drilling program will explore high-grade underground targets, aiming to extend the mine life and enhance project economics.

TG Metals Limited has revealed new soil assay results that extend the gold mineralisation strike at its Van Uden project from 2.5 to 6.5 kilometres, setting the stage for imminent drilling. Historical shallow drilling had left much of this potential untested, offering a promising opportunity to expand the resource.

Sierra Nevada Gold (ASX, SNX) reports significant new high-grade gold targets at its New Pass Project in Nevada, including a peak assay of 39.8g/t Au and a newly identified vein with 23.3g/t Au. These findings broaden exploration potential ahead of planned bulk sampling.

Ora Banda Mining's latest drilling at Sand King Underground reveals significant high-grade gold mineralisation 300 metres beyond current life of mine plans, expanding the resource footprint and boosting production potential.

Minerals 260 Limited has reported exceptional high-grade gold intercepts at its Bullabulling Gold Project, prompting a significant increase in its drilling program from 80,000 to 110,000 metres. The new results reinforce the potential to expand the current 2.3 million ounce resource and support an updated Mineral Resource Estimate by December 2025.

Genesis Minerals has secured regulatory approval for Stage One mining at Tower Hill, aligning the project with its mill expansion plans and setting the stage for production in FY28.

Ardiden Limited has announced the recommencement of exploration at its Pickle Lake Gold Project in Ontario, targeting untested high-potential zones within the South Limb prospect. The winter program aims to leverage modern survey techniques to prioritize drill targets and advance the company’s resource base.