Latest Resource Extensions News

A takeover offer lit up small caps, while one high-growth software name slid hard despite strong sector news. Resources dominated the winners list, but investors still punished dilution and discounted fundraisings.

Nordic Resources has expanded its Kopsa gold-copper project in Finland through an upsized drilling program, confirming significant new mineralised zones and securing over A$10 million in institutional funding.

Strickland Metals has announced a maiden inferred resource of 1.2 million ounces of gold at its Gradina Deposit, lifting the total Rogozna Project resources by 16% to 8.6 million ounces gold equivalent. The company plans an ambitious 60,000-metre drilling campaign in 2026 to further expand and define its Serbian gold-base metals assets.

Ariana Resources has reported promising assay results from its latest drilling campaign at the Tavşan Mine in Türkiye, revealing significant gold and silver intercepts that point to resource expansion and enhanced project longevity.

Cygnus Metals has identified two promising gold prospects within its Chibougamau Project in Quebec, with plans for drilling to expand its resource base and resume work at Golden Eye.

Caspin Resources reports outstanding initial metallurgical test results from its Kelpie Tin Deposit, delivering high-grade tin concentrate and strong recovery rates that bolster the project’s development prospects.

29Metals Limited reports promising high-grade copper and zinc intercepts from its 2025 drilling program at Golden Grove, signalling potential mine life extensions and enhanced operational flexibility.

A few stocks did the heavy lifting this week, with one biotech exploding higher and a gas name collapsing on the other side of the ledger. Big moves came from capital raises, regulator decisions, and drill results that investors treated as near-term value, not distant promises.

Kalamazoo Resources has launched the Pre-Feasibility Study for its Mt Olympus gold project amid a fresh drilling campaign, while CEO Luke Mortimer announces his departure to take a senior overseas role.

Titan Minerals has reported outstanding infill drilling results at its Dynasty Gold Project, confirming wide, high-grade gold and silver mineralisation that bolsters resource confidence and supports an imminent resource estimate update.

Rox Resources has ramped up underground mining and advanced processing plant development at its Youanmi Gold Project, signalling a strong push towards production in 2026. Key infrastructure expansions and strategic hires underpin the company’s growth ambitions.

Pantoro Gold’s latest drilling at Daisy South confirms high-grade gold extensions, underpinning updated open pit mining strategies at the Norseman Gold Project. The company is advancing mine design to develop Daisy South alongside Gladstone Everlasting, aiming to enhance operational efficiency and extend mine life.