Latest Resource Extensions News

Horizon Gold's Definitive Feasibility Study for the Gum Creek Project outlines a robust 10-year open pit mine plan with strong financial returns and production targets, setting the stage for a Final Investment Decision in mid-2027.

Western Mines Group (ASX:WMG) has delivered further high-grade nickel sulphide assay results from recent drilling at its Mulga Tank Project, revealing broad mineralised zones and standout intervals exceeding 2% nickel. These findings are set to expand the current resource and reinforce the project's hybrid nickel sulphide system potential.

Aeris Resources has reported a substantial 70% jump in Mineral Resources and a fourfold increase in Ore Reserves at its Tritton Operations, driven by the Peel Mining acquisition and successful exploration at key deposits.

Alkane Resources capped FY26 with record production of 168,337 gold equivalent ounces and $174 million in quarterly cash flow, announcing a maiden fully franked dividend and setting robust FY27 guidance.

Truscott Mining (ASX: TRM) is pressing ahead at its Tennant Creek projects, updating its flagship Westminster resource and confirming structural gold mineralisation from recent drilling. Expansion plans across North Tennant and Barkly projects underpin a disciplined, multi-year exploration strategy.

GBM Resources has reported significant extensions and grade improvements at its Twin Hills Gold Project, with Stage 2 drilling revealing mineralisation beyond the existing 1.0Moz resource and identifying over 20 new exploration targets.

Desert Minerals is kicking off a 1,000-metre RC drilling campaign at its Mt Monger Gold Project, targeting extensions to a 16,400-ounce inferred resource at the Providence Prospect. The project’s strategic location near operating mines and multiple untested targets underpin the company’s growth ambitions.

Tennant Minerals has completed a $2.8 million placement to accelerate drilling and development at its Bluebird copper-gold-bismuth discovery, aiming to extend high-grade zones and explore new targets along a 2.5km corridor.

Tāiko Critical Minerals has raised $7 million through an oversubscribed placement, exceeding its $5 million target, to fund development of its Barrytown Critical Minerals Project. A share purchase plan will soon offer existing shareholders the chance to buy shares at the same price.

Manuka Resources has lifted the Wonawinta Silver Mine's Ore Reserve by 28%, underpinning its imminent restart of silver and gold production with upgraded plant facilities and contracted mining operations.

Latitude 66 Limited's latest geophysical surveys reveal multiple high-priority drill targets at its Finnish KSB and PSB Projects, with potential to significantly grow its mineral resource base. Drilling is set to begin in Q3 2026, advancing the company’s development ambitions.

Minerals 260 has completed a Pre-Feasibility Study and declared a maiden Ore Reserve for its Bullabulling Gold Project, revealing robust economics and a pathway to production by late 2028.