Latest Resource Extensions News

Orbminco’s maiden drilling at Majestic North confirms robust shallow gold mineralisation, underpinning its planned acquisition of the project. High-grade intercepts highlight promising exploration upside.

Nordic Resources has identified compelling new exploration targets at its Kopsa Gold-Copper Project in Finland through a detailed ground magnetic survey, with drilling underway to test these promising zones.

Tesoro Gold’s updated Scoping Study for the El Zorro Gold Project in Chile highlights a technically straightforward open pit operation with strong economics, projecting 1.26 million ounces of gold production over 13.5 years.

Rox Resources has appointed Byrnecut Australia as the underground mining contractor for its Youanmi Gold Project, marking a key step toward production. The two-part contract will see initial exploration decline development followed by full-scale mining upon a positive investment decision.

McLaren Minerals reports continued high-grade assay results confirming a significant northern extension to its McLaren Titanium Project resource, underpinning an upcoming resource upgrade and prefeasibility study.

Rumble Resources has raised $9 million through a combination of institutional placement and entitlement offer to advance its Western Queen gold and tungsten project, targeting production by mid-2026.

29Metals Limited reports promising high-grade copper and zinc drill results from its 2025 exploration program at Golden Grove, highlighting potential mine life extensions and resource growth opportunities.

Turaco Gold’s latest drilling and metallurgical results confirm Begnopan as a significant new deposit, setting the stage for an updated 3.55Moz resource estimate at Afema. Concurrent progress at Asupiri further bolsters the project’s near-term growth prospects.

Black Cat Syndicate has launched mining operations at its Majestic underground mine near Kalgoorlie, aiming to deliver first ore to its Lakewood processing plant by December 2025. This milestone advances the company’s strategy to boost gold production through multiple projects.

McLaren Minerals has reported very high-grade assay results from its Phase 1 drilling at the McLaren Titanium Project, confirming broad, continuous mineralisation and promising resource expansion just north of the current resource boundary.

Savannah Goldfields has announced a $15 million placement to strengthen its balance sheet, repay debt, and fund a restart of gold production alongside an ambitious drilling program targeting resource extensions.

29Metals Limited has reversed a significant loss to report a $35.3 million net profit for the first half of 2025, driven by stronger production at Golden Grove and improved metal prices, while Capricorn Copper remains suspended amid ongoing water and regulatory challenges.