Latest Resource Growth News

Cygnus Metals has successfully raised A$25 million through a well-supported placement to fund resource expansion and technical studies at its Chibougamau Copper-Gold Project in Canada.

Everest Metals Corporation reports outstanding high-grade gold intersections from its latest drilling at Mt Dimer Taipan, underpinning imminent mining and processing milestones. The project is fully funded and on track for near-term cash flow.

High-Tech Metals has reported exceptional high-grade gold results from infill drilling at its Wagtail Gold Deposit, reinforcing the existing resource and hinting at further extensions. The company is advancing towards an updated resource estimate and near-term production plans.

Mt Malcolm Mines has announced its first JORC-compliant Mineral Resource Estimates for the Malcolm Project, revealing a combined 13,200 ounces of gold at Golden Crown and Dumbarton prospects. The company outlines promising drilling plans to expand and upgrade these resources.

Turaco Gold’s latest drilling at the Afema Project in Côte d’Ivoire confirms continuous oxide gold mineralisation and signals potential resource growth ahead of an updated 4.1Moz Mineral Resource Estimate.

Charger Metals has completed over 3,000 metres of drilling at its Lake Johnston project, targeting extensions to both its lithium resource and a promising high-grade gold discovery, with assay results pending.

GoldArc Resources has kicked off two major drilling campaigns at its Leonora South Gold Project, aiming to expand and de-risk its existing gold resource base through a strategic partnership and innovative funding model.

Reach Resources has reported high-grade gold assays up to 31 g/t Au from rock chip sampling outside its current resource at Murchison South, highlighting promising targets for resource expansion.

Somerset Minerals has commenced a significant diamond drilling campaign at its Jura prospect within the Coppermine Project, aiming to extend high-grade copper mineralisation and advance exploration across a vast underexplored region in Nunavut, Canada.

Sunstone Metals has significantly expanded the surface footprint of gold-copper mineralisation at its Porotillo discovery within the Bramaderos Project, reporting a 462m trench averaging 0.55 g/t AuEq. This milestone supports a large exploration target and advances drilling efforts as a scoping study progresses.

Ballard Mining reports promising high-grade gold drill results from its Mt Ida regional prospects, accelerating a major 220,000m drilling program aimed at extending mine life and boosting production.

Sky Metals reports significant new high-grade tin-tungsten-silver drilling results at its Tallebung Tin Project, confirming southern extensions and initiating the NSW State Significant Development approval process.