Latest Resource Growth News

Savannah Goldfields has successfully completed a $2.69 million capital raise through a placement and institutional entitlement offer, setting the stage for a retail offer and a broader $14 million funding program to restart gold mining operations.

Dreadnought Resources has raised $4.1 million to advance its Mangaroon Gold Project, including a strategic partnership with Black Cat Syndicate. The funding underpins a self-funded exploration strategy targeting high-grade gold production in Western Australia.

Solstice Minerals has secured the advanced Nanadie Copper-Gold Project in Western Australia, acquiring a JORC-compliant Inferred Mineral Resource of 40.4Mt at 0.4% copper and 0.1g/t gold. The acquisition positions Solstice for growth amid strong long-term copper demand.

Altair Minerals unveils its strategic exploration projects in Peru's prolific Venatica copper belt and Australia's Olympic Domain, aiming to unlock major copper-gold deposits with a seasoned technical team at the helm.

Strickland Metals has reported multiple high-grade gold intercepts from its Gradina Prospect in Serbia, confirming extensive mineralisation and paving the way for a maiden Mineral Resource Estimate later this year.

Meteoric Resources reports exceptional rare earth element grades and enriched magnetic rare earth oxides at its Agostinho Prospect in Brazil, signaling a potential expansion of its Caldeira Project resource base.

Brightstar Resources has reported compelling high-grade gold intercepts from its 2024 diamond drilling at the Lord Byron deposit, reinforcing the potential for expanded mining operations at Jasper Hills.

Australian Gold and Copper Ltd reports encouraging low-grade copper-zinc mineralisation in a newly defined search space west of the Achilles deposit, with plans to resume drilling and conduct advanced geophysical surveys.

Savannah Goldfields Limited has announced a $9.91 million equity raising to fund the restart of mining operations and regional expansion in Far North Queensland. The company targets resuming production in H1 2025 with a focus on optimising costs amid a strong gold price environment.

Marquee Resources has revealed promising exploration results at its Mt Clement Project, identifying multiple high-grade antimony and lead zones and advancing towards a maiden drilling program in Q1 2025.

Taiton Resources has reported exceptional Phase 2 sampling results from its Kingsgate Project in New South Wales, with quartz purity reaching up to 99.97% SiO2 and minimal impurities. The company is now advancing metallurgical studies and exploring pathways to monetise this high-grade quartz resource.

Forrestania Resources has reported significant gold exploration progress with successful maiden drilling at Ada Ann prospect confirming open mineralisation over 225m, alongside acquiring a key tenement at Bonnie Vale to bolster its strategic position.