Latest Resource Growth News

American Uranium (ASX:AMU) has kicked off a $2.58 million pro rata rights issue at a 3.1% discount to fund expansion drilling and technical studies at its flagship Lo Herma ISR Uranium Project ahead of a Q3 scoping study.

Auravelle Metals has enhanced its geological understanding of the Nuckulla Hill project with a detailed aerial magnetic survey, refining drill targets along the prolific Yarlbrinda Shear Zone and setting the stage for upcoming drilling campaigns.

Aeris Resources aims to extend the life of its Tritton copper operations through the proposed acquisition of Peel Mining’s South Cobar assets, while reporting strong H1 FY26 financial performance and advancing multiple development projects.

European Resources Limited has more than doubled the inferred resource at its Korsnäs rare earth elements project in Finland to 15.4 million tonnes at 1.00% total rare earth oxides, driven by new drilling, re-assaying of historical core, and a refined geological model.

Solstice Minerals has reported standout Phase 1 drilling at its Nanadie Copper-Gold Project, highlighting wide, high-grade intercepts that surpass current resource grades. Supported by a $32.6 million placement, the company is accelerating Phase 2 drilling to expand this promising WA copper-gold system.

Freehill Mining’s aggregate materials sales surged in March, with quarterly sales up 60%, while the company prioritises mine planning and permitting for its Blanco y Negro copper-gold project.

Midas Minerals has raised $28 million through a heavily supported placement to fund expanded drilling and feasibility studies at its Otavi project in Namibia. The capital boost lifts the company’s cash reserves to approximately $33 million, underpinning an aggressive exploration push.

TG Metals Limited has unveiled a major Mineral Resource Estimate upgrade for its Van Uden Gold Project, with Indicated gold ounces surging 120% to 152,600 oz and total pit constrained resources reaching 270,800 oz at 1.06 g/t Au. This marks a significant step in advancing the project towards near-term production.

Stellar Resources has pushed its Heemskirk Tin Project closer to development readiness, reporting a 41% increase in the Queen Hill resource and uncovering new high-grade tin mineralisation below the Severn deposit. The company also secured a key tailings facility agreement and maintains a strong cash position amid volatile tin prices.

Aurum Resources has confirmed a significant 220m depth extension of gold mineralisation at its Boundiali Gold Project in Côte d'Ivoire, reinforcing its 3.03Moz resource and setting the stage for upcoming feasibility studies.

Peel Mining’s latest drilling at the Southern Nights Complex in NSW reveals substantial silver-zinc-lead intercepts and promising depth extensions, reinforcing the project’s growth potential ahead of a planned corporate restructure.

Hillgrove Resources has defined a significant Exploration Target for its Kanappa porphyry-style copper-gold prospect and secured environmental approval for a drilling campaign scheduled for mid-2026.