Latest Resource Extension News

Lefroy Exploration secures $3.6 million through a share placement to fast-track scoping studies and drilling at its Mt Martin and Burns gold deposits, while awaiting cash flow from Lucky Strike.

Prospect Resources has updated its Mumbezhi Copper Project Mineral Resource Estimate, boosting tonnage by 20% to 208.1 million tonnes and doubling gold resources to 262,100 ounces. The project now boasts tier-1 copper grades comparable to Zambia’s top mines, with Phase 3 drilling underway to expand resources further.

Leeuwin Metals has kicked off a 5,000m reverse circulation drilling campaign at its Marda Gold Project in Western Australia, aiming to expand its 342,300oz resource and test newly identified electromagnetic anomalies.

PLC Resources has secured A$1.8 million through a share placement to fund expanded drilling and exploration at its Yalgoo and Abbotts North gold projects in Western Australia, marking a key step in advancing resource potential.

Legacy Minerals leverages AI to pinpoint 38 new gold-silver-copper targets at Mt Carrington, advancing exploration beyond its 115Moz silver equivalent resource with imminent drilling at Emu Prospect.

Ariana Resources has monetised part of its Zenit holding for US$19.5 million cash, retaining a 9.9% stake and boosting its war chest to advance the Dokwe Gold Project feasibility study in Zimbabwe.

Hillgrove Resources reports underground drilling at Kavanagh surpassing 2025 resource grades, pushing mineralisation deeper and wider, while securing new tenements to boost regional copper exploration.

Maritana Minerals has launched a Phase 2 drilling campaign at its Burbanks Gold Project, aiming to deepen and expand its high-grade resource to support future mining and ore delivery to Black Swan.

Forrestania Resources has upgraded its Johnson Range gold resource to 130,730 ounces, marking a 26% increase supported by recent drilling and independent estimation.

Argent Minerals has pushed silver mineralisation beyond the current Kempfield Lode 100 resource boundary with a broad 91.2m intercept from near surface, highlighting significant potential for resource growth and mine development optionality.

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.