Latest Resource Funding News

Pursuit Minerals has delivered a compelling Pre-Feasibility Study for its Rio Grande Sur lithium project in Argentina, confirming strong economics and a maiden Ore Reserve. The company also secured a A$7 million capital raise to advance development.

Taiton Resources has completed a significant placement of nearly 12 million shares to Singapore’s GEMS Strategic Resource Fund, bolstering its capital position and signalling confidence from a reputable international investor.

Riversgold has locked in a full funding and operational deal with MEGA Resources for its Northern Zone Gold Project near Kalgoorlie, while also advancing exploration in Canada and raising $2 million to fuel growth.

Variscan Mines has locked in a A$1 million convertible loan note facility to accelerate exploration and development at its Novales-Udías Zinc Project in northern Spain. This funding underpins the company’s strategy to restart production at the high-grade San Jose Mine.

Vintage Energy revises its December 2025 quarterly report to highlight a conditional agreement to acquire Metgasco’s licence interests, while production dips amid ongoing operational efforts.

Comet Ridge is set to consolidate 100% ownership of the Mahalo Gas Project, securing key environmental approvals and advancing engineering design and funding efforts to boost east coast gas supply.

Australian Critical Minerals has raised $3 million through a heavily oversubscribed placement to fund maiden drilling at its promising Flint Gold-Silver Project in Peru.

Celsius Resources has released a Definitive Feasibility Study for its Maalinao-Caigutan-Biyog (MCB) Copper-Gold Project, confirming robust economics and a 35-year mine life. The study highlights strong returns, low operating costs, and a clear path to development in the Philippines.

EV Resources has secured $600,000 from the sale of its Khartoum Project, redirecting funds to kickstart a maiden drilling campaign at its Los Lirios Antimony Project in Mexico, aiming to define a JORC resource by Q3 2026.

Native Mineral Resources has completed its final gold pour for 2025 at Blackjack, producing approximately 8.36kg of gold doré and generating nearly $10 million in revenue since July. The company is set to begin drilling at the Ravenswood Gold Project in January 2026 under a joint venture with Haoma Mining NL.

Lefroy Exploration has received a second $0.75 million cash advance from BML Ventures, reinforcing its funding position ahead of key production milestones at the Lucky Strike Gold Project.

Torque Metals has raised $15 million in a placement led by top-tier global investors, setting the stage for an aggressive drilling campaign at its Paris Gold Project in Western Australia.