Latest Resource Growth News

Explorers led the Materials tape as fresh drill stories and new ground deals pulled buyers into small caps. Big miners still delivered, but the loudest moves came from companies offering investors a near-term catalyst.

AuMEGA Metals has launched a C$10 million private placement to fund an extensive drilling program targeting high-potential gold and base metal prospects in Newfoundland’s Cape Ray District. The financing aims to unlock value from its significant mineral resources and strategic landholdings.

Alkane Resources has reported record-breaking financial and operational results for the first half of FY2026, driven by strong gold and antimony production across its expanded three-mine portfolio. The company’s robust cash flow and profit position set a confident tone for meeting full-year guidance.

Forrestania Resources has completed diamond drilling at its Lady Lila project and initiated drilling at British Hill, marking key steps in its strategy to build a multi-asset gold portfolio in Western Australia.

Cobre Limited has secured A$60 million to acquire a majority stake in the Sierra Atacama Copper Project in Chile, positioning itself as a significant copper producer with strong expansion potential.

Kuniko Limited has commenced its first diamond drilling campaign at the Commonwealth Gold-Silver Project in NSW’s Lachlan Fold Belt, targeting extensions to known high-grade mineralisation. The Phase 1 program aims to expand the resource base and unlock district-scale potential.

American Uranium has launched its 2026 drilling campaign at the Lo Herma ISR uranium project in Wyoming, aiming to expand and upgrade its mineral resource ahead of key updates this year.

Torque Metals reports a significant 20-metre intercept grading 5.8 grams per tonne gold at its Paris Gold Project, confirming the deposit as a multi-lode, high-grade system with strong growth potential.

Dateline Resources reports strong diamond drilling results at its Colosseum Gold-REE Project, confirming high-grade gold mineralisation beyond current resource boundaries and advancing plans for mine life extension.

Rumble Resources has reported significant high-grade gold intercepts extending mineralisation at Western Queen South to over 500 metres down plunge, alongside strong early drilling results at Western Queen Central. These findings underpin an updated gold resource estimate planned for later this year.

Black Cat Syndicate’s latest drilling at Paulsens Gold Operation reveals significant high-grade gold intercepts outside current resource limits, prompting plans to accelerate exploration with a second rig.

BMG Resources is set to begin a significant 10,000-metre diamond drilling campaign at its Abercromby Gold Project in Western Australia, aiming to grow and upgrade its existing 518,000-ounce gold resource. The drilling will focus on high-grade lodes within the Capital Deposit, with results feeding into mine planning and a scoping study due this quarter.