Latest Resource Extension News

Alicanto Minerals has kicked off a 50,000-metre drilling campaign to expand the 915,000oz Mt Henry gold resource, backed by a fresh $18.1 million non-dilutive funding package and key leadership changes.

29Metals has delivered strong final drill results from its 2025 program at Golden Grove, revealing high-grade copper and zinc intercepts that promise to boost mineral resources and mine flexibility. The company plans a significant exploration budget increase for 2026 to capitalize on this momentum.

Ballard Mining has unveiled new high-grade gold intercepts at its Ayla prospect and extended mineralisation at Golden Vale, suggesting the entire 13km Ballard Fault zone at Mt Ida may be mineralised. The company is accelerating drilling to support production growth beyond the 1.0 Moz Baldock deposit.

Nordic Resources (ASX:NNL) has completed its assay reporting for the 2025 Kopsa drilling program, revealing a new higher-grade stockwork zone and multiple mineralised extensions outside current resource boundaries. Drilling has resumed at Kopsa and Kiimala, with metallurgical testing underway and an updated resource estimate due in Q3 2026.

Rapid Critical Metals has reshaped its leadership and strategy in FY2025, positioning itself as a silver and rare earths contender with well-funded drilling programs in Australia and Canada.

Alligator Energy has moved into uranium extraction at its Samphire project, reporting initial Field Recovery Trial results that meet or exceed expectations and launching a Bankable Feasibility Study to underpin development.

Caspin Resources has reported strong high-grade tin assay results from the first 11 holes of its 2026 drilling campaign at the Kelpie Deposit, part of the Bygoo Tin Project in NSW, confirming mineralisation beyond the current resource envelope and supporting potential resource growth.

Kalgoorlie Gold Mining has launched a substantial 41-hole reverse circulation drilling campaign at its Pinjin Gold Project, targeting resource growth at Kirgella Gift, Providence, and Lighthorse. The program aims to refine and extend existing gold mineralisation within a key part of the Laverton Tectonic Zone.

Eagle Mountain Mining has formalised a joint venture with Nittetsu Mining for the Oracle Ridge copper project in Arizona, with Nittetsu committing US$20 million to advance exploration and development while managing the operation.

High-Tech Metals has kicked off a 5,000-metre drilling campaign at its Mt Fisher gold project to unlock significant resource expansion potential. An independent review revealed that less than 60% of known mineralised intercepts are included in the current resource, highlighting substantial upside.

Neometals has secured A$7.9 million through a placement and launched a concurrent A$5.1 million entitlement offer to fund gold production at Barrambie and advance lithium exploration in Utah. The capital raise supports a near-term production joint venture and aggressive resource expansion.

29Metals Limited (ASX:29M) swung to a $24 million net profit in 2025, powered by steady copper output at Golden Grove despite seismic disruptions, cost efficiencies, and key progress on growth projects including Gossan Valley and Capricorn Copper restart.