Latest Resource Extension News

Austral Resources has bolstered its Cameron River Project with final assays revealing gold and silver alongside high-grade copper at Snow Queen, underpinning its regional growth strategy.

Catalyst Metals reports a 75% expansion of the high-grade underground gold zone at Cinnamon, challenging existing geological models and supporting plans for increased production from the Plutonic Gold Belt.

Legacy Minerals has withdrawn its earlier Mt Carrington production targets, updating its Scoping Study to reflect a stronger basis with 71% Indicated Resources. The revised study outlines a 12-year mine life, A$514 million pre-tax NPV7, and a streamlined development plan.

Rapid Critical Metals has obtained its initial drilling approval for the Webbs Silver Project, setting the stage for an RC drill program targeting extensions of a newly discovered parallel silver lode and existing ore zones.

Verity Resources has upgraded its Monument Gold Project with a maiden Indicated Mineral Resource of 66,200 ounces, lifting the total resource to 137,700 ounces and adding a new underground component.

Aeris Resources has confirmed a significant new mineralised trend at its Avoca Tank deposit and thicker copper intersections at Budgerygar, setting the stage for resource upgrades and potential mine plan enhancements at its Tritton Operation.

Asara Resources has raised $60 million through a strongly supported institutional placement to fast-track drilling and development at its flagship Kada Gold Project in Guinea.

Catalyst Metals continues to expand the Trident underground gold deposit with drilling results that extend mineralisation beyond current resources, underpinning a decade-long mine plan at 60,000 ounces per annum.

Adavale Resources (ASX:ADD) is intensifying its drilling campaign at the London Victoria gold mine, delivering promising high-grade results and expanding its footprint with new tenure acquisitions. The company targets a mid-year resource update amid ongoing assay releases and greenfield exploration.

Cannindah Resources has uncovered a significant new high-grade Southern Shoot at its Cannindah Breccia copper-gold deposit, expanding the known mineralised system well beyond current resource boundaries and offering fresh exploration upside.

Dreadnought Resources has reported some of the highest-grade gold intercepts yet at Metzke’s Find, extending mineralisation beyond its 2023 resource and setting the stage for a resource upgrade in July 2026.

Podium Minerals has delivered strong assay results from 17 metallurgical drill holes at its Parks Reef project, confirming geological models and revealing significant high-grade platinum group metal intercepts.