Latest Resource Growth News

Prospect Resources has reported robust metallurgical testwork results from the Kabikupa deposit within its Mumbezhi Copper Project, achieving copper concentrate grades exceeding 25% with recoveries above 94%. These findings bolster the project's processing strategy and underpin upcoming scoping studies.

Resolute Mining is set to receive A$77 million by the end of June 2026, marking full repayment of the Vendor Financing Promissory Note tied to its 2020 sale of the Ravenswood Gold Mine. This cash inflow bolsters the company’s financial flexibility as it advances its West African growth projects.

Yandal Resources has reported encouraging initial diamond drilling results from its Flushing Meadows deposit, revealing primary gold mineralisation and opening new exploration avenues beyond the existing resource.

High-Tech Metals Ltd has wrapped up a 41-hole reverse circulation drilling program at its Mt Fisher gold project, with assays pending. Early sampling of a carbonaceous stockpile revealed gold grades up to 20.1 g/t, prompting further bulk sampling and metallurgical testwork to evaluate economic potential.

Kali Metals has delivered initial Phase II drilling results from its Marble Bar Gold Project, confirming gold mineralisation extends deeper at the Tiger II Prospect. The program, combining reverse circulation and diamond drilling, highlights ongoing potential for resource growth.

Golden Dragon Mining's latest drilling at Behring Bore within the Cue Gold Project has intersected further high-grade gold near surface, reinforcing the prospect’s potential as a large-scale mineralised system with open extensions.

Patriot Resources has independently confirmed the reliability of historical assay data at its Tassa Silver-Gold Project in Peru, reinforcing confidence in its 31.4Moz inferred resource and clearing regulatory hurdles ahead of a maiden drill campaign.

Kingston Resources has boosted the Southern Ore Zone (SOZ) Mineral Resource at Mineral Hill by 50%, expanding the mining inventory and underpinning plans for reserve growth and plant expansion.

Atomic Eagle Limited has obtained crucial environmental and social approvals for its Muntanga Uranium Project in Zambia, significantly reducing permitting risk and positioning the project as development-ready while maintaining focus on resource expansion.

Adavale Resources has reported assay results from 13 additional drillholes at its London-Victoria gold mine, confirming and expanding gold mineralisation beneath the historic open pit. The ongoing drilling program supports a larger mineralised system along the Parkes Thrust corridor, with promising metallurgical testwork and a planned resource update.

Lefroy Exploration’s metallurgical tests reveal up to 97% gold recovery from its Burns High-Grade Deposit, underpinning plans for a resource update by September 2026.

Canadian Phosphate (ASX: CP8) secured $5.2 million through a rights issue and follow-on placement, positioning itself to accelerate exploration and development across key projects in Canada and the US.