Latest Resource Extension News

Tesoro Gold reports significant high-grade gold intercepts from its ongoing drilling programs at the El Zorro Gold Project in Chile, reinforcing resource growth and project advancement.

Kaiser Reef Limited has achieved a 33% increase in processing capacity at its Henty Gold Mine, with ongoing ramp-up activities and exploration efforts aiming to extend mine life and reduce costs.

Rox Resources has reported significant progress at its Youanmi Gold Project, including a 36% increase in underground gold resources and on-track completion of its Definitive Feasibility Study, setting the stage for production in Western Australia.

St George Mining’s latest drilling results reveal a thick, high-grade rare earth and niobium mineralisation extending well beyond the existing resource at its Araxá project in Brazil, hinting at a major resource upgrade.

Paladin Energy reported a record uranium production quarter at its Langer Heinrich Mine alongside a successful A$300 million equity raise, positioning the company for accelerated development of its Patterson Lake South project.

Legacy Minerals has confirmed significant high-grade gold and silver mineralisation at its Mascotte prospect and commenced diamond drilling at the Battery prospect within the Mt Carrington Project in NSW.

Mithril Silver and Gold Limited has expanded its high-grade silver-rich Target 5 at the Copalquin district in Mexico, with surface samples hitting up to 3,300 g/t silver and 2.0 g/t gold. Drilling programs at multiple targets are progressing, promising significant resource growth.

Turaco Gold has confirmed a significant high-grade gold discovery at its Adiopan prospect within the Afema Project, with drilling results pointing to substantial resource growth ahead of a major update. The company’s Pre-Feasibility Study remains on track, supported by a strong cash position.

Greenwing Resources has unveiled a scoping study for its Que River polymetallic project in Tasmania, outlining a low capital expenditure route to potentially generate A$63 million in cash flow within a year. The study leverages existing infrastructure and highlights significant exploration upside beneath existing pits.

St Barbara Limited has secured approximately A$58 million through an institutional placement to fund its Simberi Expansion Project and advance the 15-Mile Processing Hub in Nova Scotia. This capital raise supports the company’s growth ambitions amid ongoing regulatory and operational developments.

Brazilian Critical Minerals Ltd advances permitting for its Ema rare earths project in Brazil, securing strong local government support and progressing key licence applications.

Tombador Iron Limited, soon to be Atomic Eagle Limited, is set to acquire Canadian uranium explorer GoviEx Uranium Inc and relist on the ASX, backed by a $5–10 million capital raise to advance its flagship Muntanga Uranium Project in Zambia.