Latest Resource Growth News

Podium Minerals launches a $2.61 million rights issue to advance its Parks Reef PGM project, capitalising on strong market fundamentals and significant resource growth potential.

Podium Minerals Limited has launched a fully underwritten $2.6 million entitlement offer to fund advanced metallurgical testing at its flagship Parks Reef Project, aiming to enhance platinum group metals recovery and concentrate grades.

Critica Limited has initiated bulk metallurgical testwork on a 400 kg sample from its Jupiter Deposit, aiming to refine rare earth element beneficiation and explore by-product opportunities. The project holds over 280,000 tonnes of heavy rare earth elements and faces new geopolitical dynamics following China’s export restrictions.

Warriedar Resources has raised A$17 million through a placement to fast-track drilling and development at its Ricciardo deposit, home to Australia’s largest open-pit antimony resource and over 1 million ounces of gold. A Share Purchase Plan will follow, targeting an additional A$2 million.

Andean Silver Limited has expanded its Cerro Bayo project in Chile with the discovery of a new 1.2km mineralised vein system, featuring exceptionally high-grade silver and gold assays. This breakthrough significantly extends the known Droughtmaster Corridor and sets the stage for upcoming drilling results.

Pivotal Metals has identified exceptional high-grade gold targets at its Lorraine prospect in Quebec, revealing a vast gold-copper system previously overlooked amid copper-nickel mining. An aggressive exploration campaign is now underway to unlock this promising corridor.

Beacon Minerals has secured an option agreement to acquire the Wealth of Nations gold tenements near its Jaurdi processing plant, setting the stage for renewed exploration and potential resource growth.

Carnaby Resources has reported promising first drill results from its Trekelano Project in Mt Isa, confirming broad, high-grade copper-gold mineralisation that could significantly enhance the Greater Duchess Copper Gold Project.

WIN Metals has unveiled an Exploration Target at its Golden Crown gold deposit, aiming to add up to 73,000 ounces of gold beyond existing resources. A 9,000-metre drilling program is set to commence in July 2025 to test this promising extension.

Great Boulder Resources has confirmed new gold discoveries at its Side Well South project and extended the Eaglehawk deposit by 200 metres, reinforcing the potential for resource growth at its flagship Side Well Gold Project in Western Australia.

Aureka Limited has announced a maiden inferred JORC Mineral Resource for its Comstock Prospect in Victoria, boosting its global gold inventory by 19% to over 360,000 ounces. The company is actively drilling to expand this resource amid a favourable gold price environment.

Nordic Resources has completed a A$3.5 million institutional placement at a premium, bolstering its cash position to approximately A$6 million to advance three Finnish gold projects. The company also announces the appointment of renowned geologist Malcolm Norris as chairman, signaling a strategic push towards development.