Latest Resource Exploration News

Hillgrove Resources has accelerated production at its Nugent centre ahead of schedule, driving an 8% rise in copper output and reducing costs. A $28 million capital raise will fund further development and exploration, underpinning growth prospects.

Redcastle Resources is set to restart exploration drilling with a focused 2,700-metre Reverse Circulation program targeting key gold prospects in Western Australia’s Redcastle Project Area. The campaign aims to deepen geological understanding and leverage joint venture synergies to advance resource potential.

EV Resources has made significant strides in its antimony projects across Mexico and the US, securing a processing plant and planning a maiden drill program at Los Lirios, positioning itself for near-term production.

Krakatoa Resources has agreed to sell its non-core Belgravia Project in New South Wales for $350,000, redirecting capital to advance its strategic Zopkhito Antimony-Gold Project in Georgia, a critical minerals asset positioned to serve European markets.

Caspin Resources has announced a maiden inferred tin resource at its Kelpie Deposit within the Bygoo Tin Project, alongside securing an option to earn 80% of the promising Weethalle Gold Project. A recent $4.6 million capital raise positions the company well for upcoming exploration.

Orion Minerals has taken a major step forward by signing a non-binding term sheet with Glencore for up to US$250 million in financing and offtake agreements, advancing its Prieska Copper Zinc Mine towards production.

Black Cat Syndicate reports promising gold intersections from its inaugural drilling at Big Sarah, part of the Paulsens Gold Project, revealing multiple mineralised lodes and setting the stage for expanded exploration.

Lord Resources has reported promising diamond drilling results at its Ilgarari Copper Project, confirming and extending high-grade copper mineralisation. These findings pave the way for an expanded Phase 2 drilling program.

Miramar Resources has granted Future Battery Minerals an exclusive option to acquire its Randalls Project for up to A$800,000, enabling a strategic refocus on its core gold and critical minerals assets.

Charger Metals has initiated a 3,000m drilling program at its Lake Johnston Lithium and Gold Project, fully funded by Rio Tinto Exploration, targeting multiple high-priority lithium and gold prospects. This follows a recent maiden resource estimate and aims to unlock further potential in a prolific Western Australian region.

Adelong Gold has launched a broad regional soil sampling program at its Apollo Gold Project in Victoria, aiming to uncover additional mineralised zones along a key granite contact following promising drilling results.

West Cobar Metals has revealed that previous assays underestimated antimony grades at its Bulla Park deposit, with re-analysis showing an average 14% increase. This discovery could enhance the project's economics and resource potential.