Latest Resource Growth News

Recharge Metals has expanded its gold exploration footprint near Leonora, Western Australia, by acquiring the Ironstone Well Project, increasing the Prospero Trend strike length by 50%. The company raised nearly $6 million to fund an aggressive 30,000m drilling campaign at Sunset Well and other exploration activities.

Pilbara Gold is pushing ahead with a major 50,000m drilling campaign at its 2.1Moz Mt York Gold Project, targeting resource expansion at depth and along strike. Meanwhile, drilling has resumed at the Roe Hills Project after an eight-year break, aiming to define a maiden resource.

Sky Metals has reported fresh high-grade tin, tungsten, and silver intercepts beyond its latest Mineral Resource Estimate at the Tallebung project, reinforcing the deposit's expansion potential as the Pre-Feasibility Study nears completion.

Kalamazoo Resources has raised $8 million through an oversubscribed share placement, surpassing its initial $5 million target. The capital will accelerate drilling and feasibility studies at its Ashburton Gold Project and support a strategic tenement acquisition.

High-Tech Metals has wrapped up a 41-hole drilling campaign at Mt Fisher, confirming mineralisation continuity beneath the historical pit and defining clear targets for further resource growth. An updated Mineral Resource Estimate and pit optimisation are due in August, setting the stage for Phase 2 drilling.

Auravelle Metals has locked in $1.5 million through a share placement, bolstering its exploration push at Nuckulla Hill and other gold projects with multiple drilling campaigns planned for the remainder of 2026.

Desert Minerals is kicking off a 1,000-metre RC drilling campaign at its Mt Monger Gold Project, targeting extensions to a 16,400-ounce inferred resource at the Providence Prospect. The project’s strategic location near operating mines and multiple untested targets underpin the company’s growth ambitions.

Toubani Resources (ASX: TRE) has launched the retail tranche of its fully underwritten A$70 million entitlement offer at A$0.30 per share, following a successful institutional raise, to fund the Kobada Gold Mine’s construction and exploration.

Barkly Rare Earths has kicked off a 10,000-metre drilling campaign at its flagship Barkly Project, aiming to grow its 40 million tonne inferred rare earth resource. Initial assays are imminent, setting the stage for a resource update later this year.

Marmota Limited has pushed its Greenewood gold project drilling beyond 20,000 metres in just three months, significantly extending high-grade mineralisation and advancing its maiden scoping study.

AIC Mines projects copper production growth to 18,500 tonnes in FY27, driven by Jericho mine's commercial start and accelerated Eloise plant expansion.

True North Copper (ASX:TNC) has agreed to sell its Bundarra Copper Project to Tec Minerals, securing A$500,000 cash, A$1 million equity in Tec Minerals, and a 1% Net Smelter Royalty, as it sharpens focus on its Mt Oxide and Cloncurry copper developments.