Latest Resource Growth News

GBM Resources has engaged renowned geophysicist David McInnes to reprocess historic data and identify new gold targets, aiming to expand its 1.84 million ounce resource base in Queensland's Drummond Basin.

Ora Banda Mining's latest drilling at Riverina confirms deep, high-grade gold mineralisation, extending mine life and prompting a $45 million investment to accelerate exploration and infrastructure expansion.

Caprice Resources reports outstanding Phase 1 drilling results at its Island Gold Project, revealing thick, high-grade gold intersections that signal a promising maiden resource. The company has already commenced Phase 2 drilling to further unlock the project's potential.

Beacon Minerals has secured key regulatory approvals to launch multiple drilling programs at its Lady Ida Iguana Project, setting the stage for intensified exploration activity over the coming months.

Forrestania Resources has secured $360,000 through a non-brokered placement, attracting a new major shareholder and setting the stage for expanded gold exploration at its Bonnie Vale project.

FireFly Metals reports outstanding high-grade copper-gold intersections from its aggressive six-rig drilling campaign at the Green Bay Project, aiming to expand and upgrade its mineral resources significantly.

Patronus Resources has upgraded its Mertondale Gold Project resource estimate, increasing contained gold ounces to 480,000oz alongside an 18% rise in grade, setting the stage for a June 2025 scoping study.

Pivotal Metals has commenced drilling at its flagship Horden Lake project in Quebec, advancing metallurgical testwork and preparing for a resource update, while also progressing exploration at its high-grade BAGB projects.

Saturn Metals has announced a significant upgrade to its Apollo Hill Gold Project resource, now exceeding 2 million ounces of gold, driven by extensive drilling and enhanced geological modelling.

Sky Metals has completed a successful diamond drilling program at its Tallebung Tin Project, intersecting significant visual tin-tungsten mineralisation in all five drill holes. A major 70-hole reverse circulation drilling campaign is set to begin in March, aiming to expand the resource.

Lefroy Exploration has partnered with BML Ventures under a profit-sharing agreement to develop the Lucky Strike gold deposit, aiming to start mining operations in the second half of 2025. This collaboration leverages BML's mining expertise and funding, while Lefroy retains half the profits from the project.

Octava Minerals has reported promising high-grade antimony intercepts from its recent drilling at the Yallalong project, highlighting potential for further resource expansion along a key structural corridor.