Latest Resource Extension News

Sandfire Resources reported a 5% increase in copper equivalent production for H1 FY25, alongside a reduction in injury rates and operating costs at its Motheo operation. The company secured key approvals for a new tailings facility at MATSA, underpinning long-term growth.

Truscott Mining Corporation is gearing up for an expanded drilling program at its Tennant Creek gold projects, leveraging a robust gold price environment and fresh capital to advance exploration and resource definition.

Capricorn Metals Ltd has reported a substantial 41% increase in the Ore Reserve Estimate at its Mt Gibson Gold Project, driven by ongoing drilling that continues to deliver exceptional high-grade results and promising underground potential.

Verity Resources has confirmed a significant 1.1km extension of gold mineralisation at the Fred's Well Prospect within its Monument Gold Project in Western Australia, highlighting promising drill results and plans for pit optimisation studies in 2025.

Metals Australia Ltd reported robust progress in its December 2024 quarter, including a drilling permit award and a threefold land increase at its Lac Carheil Graphite Project, alongside advancing prefeasibility and metallurgical studies. Exploration success at Corvette River and Warrego East further underscores the company’s diversified critical minerals and gold portfolio.

Aurumin Limited has entered a potentially lucrative joint venture with Newcam Minerals for iron ore rights worth up to $7 million, while advancing gold exploration with significant drilling at its Central Sandstone Project.

Delta Lithium reports promising drilling outcomes at its fully permitted Mt Ida Gold Project, confirming resource growth potential and endorsing a standalone development strategy.

AIC Mines reports compelling high-grade copper intersections from recent drilling at the Jericho deposit, setting the stage for a significant resource upgrade in March 2025.

Pantoro Limited delivered a solid December quarter with gold production within guidance and positive cash flows for the fourth consecutive quarter, prompting an upward revision to its FY2025 production target. The company’s strategic focus on underground expansion and asset optimisation underpins its growth trajectory.

Alicanto Minerals has intensified its project acquisition efforts and advanced exploration at its Greater Falun and Sala projects in Sweden, supported by a recent capital raise and strategic leadership appointment.

Paladin Energy reports its highest monthly uranium production since March 2024 and completes the strategic acquisition of Fission Uranium Corp, expanding its footprint in Canada’s uranium sector.

Andean Silver Limited reports robust drilling results from its Cerro Bayo project, revealing new high-grade mineral zones and expanding its tenement holdings. The company has mobilized a third drill rig and launched a major geophysical program, setting the stage for multiple resource updates in 2025.