Latest Resource Growth News

Latitude 66 has locked in exploration permits for its high-grade KSB gold-cobalt project in Finland following a key legislative amendment, while its Laverton drilling campaign in Western Australia continues to reveal promising gold mineralisation with potential for resource growth.

Bellavista Resources has secured an 80% stake in the Pickle Crow Gold Project, backed by a 2.8 million ounce high-grade resource and fresh funding of A$16 million to fuel exploration.

EMC Gold is pushing forward with a drilling campaign at its Salave Gold Project while navigating a procedural setback from the High Court of Asturias. The company also surrendered its Ivan Well tenement in WA and maintains a solid cash position of CAD$4.6 million.

Verity Resources has completed an 11,000m drilling campaign at its Monument Gold Project, confirming and extending a 154,000oz inferred gold resource with high-grade, consistent intercepts and strong metallurgical recoveries.

Leeuwin Metals has delivered strong early results from its 10,000m drilling campaign at Evanston, extending high-grade gold mineralisation beyond the existing resource at the Marda Gold Project.

Anax Metals’ updated DFS for Whim Creek reveals a 113% surge in free cash flow to A$723 million, underpinned by a decade-long mine life and rapid payback. The company’s $10 million capital raise strengthens its balance sheet following full repayment of a $3.5 million loan.

Hammer Metals has launched a new drilling phase at its Kalman Critical Metals Project while identifying fresh large-scale targets across its Mount Isa portfolio. Joint venture drilling at Bullrush and Isa Valley delivers promising copper and zinc results, complemented by a mining lease application at Orelia North in the Yandal gold belt.

Caprice Resources has confirmed significant extensions of high-grade gold mineralisation at its Island Gold Project, backed by a $12.74 million capital raise and a new multi-rig drilling campaign.

Dundas Minerals has secured $2.5 million to fund extensive drilling across its Western Australian gold portfolio, exercised its option to acquire the Rockland mining lease, and expanded the Romano project with a new exploration licence application near Gruyere.

Horizon Gold has reported strong high-grade gold intercepts from drilling at its Omega and Kingfisher prospects in Western Australia, extending mineralisation and advancing its feasibility study on a 2.3 million ounce resource base.

Andean Silver has delivered robust drilling results at Cerro Bayo, reinforcing resource continuity and growth prospects ahead of a June mineral resource update and ongoing restart studies.

Prodigy Gold has boosted the indicated resource at its Hyperion Gold Deposit by 70%, lifting total resources to 454,000 ounces and progressing key mining approvals and joint ventures.