Latest Resource Growth News

Mt Malcolm Mines NL reports significant progress on its maiden JORC Mineral Resource Estimates for the Golden Crown and Dumbarton prospects, highlighting high-grade gold mineralisation and promising extensions. Metallurgical testwork and further drilling plans aim to unlock early mining potential and cashflow.

Alligator Energy is progressing its Samphire Uranium Project in South Australia into trial production, supported by strong project economics and promising exploration potential. The company targets first uranium production by 2030/31 while derisking operations through a Field Recovery Trial.

Adavale Resources has secured adjacent exploration licences from Alkane Resources, boosting its Parkes Gold-Copper Project footprint and strengthening its position along a key gold corridor in New South Wales.

Hot Chili Limited advances its Costa Fuego copper-gold project with a significant new porphyry discovery at La Verde, delivering strong drill results and robust financial metrics from its Preliminary Feasibility Study. The company also secures strategic water and power infrastructure, positioning itself as a leading independent copper developer.

Tambourah Metals reports robust high-grade gold discoveries at Beatty Park South and Tambourah King, alongside promising critical minerals results at Speewah North, supported by active drilling and strong funding.

Toubani Resources has delineated 1.6km of new oxide gold mineralisation at its Kobada South area near the process plant, with high-grade drill results expected to boost the upcoming Mineral Resource Estimate update.

High-Tech Metals Ltd has reported exceptional high-grade gold assay results from its Wagtail Gold Deposit, reinforcing the deposit's strong continuity and near-term development potential within its Mt Fisher-Mt Eureka Project in Western Australia.

Godolphin Resources has released a Scoping Study for its Lewis Ponds project in NSW, revealing strong economics with a 12-year mine life and a pre-tax NPV of AUD$481 million under conservative metal prices.

Prospect Resources has raised A$45 million through a strategic equity placement to accelerate drilling and studies at its Mumbezhi Copper Project in Zambia, aiming to expand its mineral resources and advance project development.

Power Minerals has reported strong final results from shallow auger drilling at its Santa Anna Project in Brazil, confirming high-grade niobium and rare earth mineralisation from surface to end of hole. The company has now commenced a 10,000-metre deep drilling campaign to explore and extend this promising mineral footprint.

St George Mining has acquired 166 hectares near its Araxá Project in Brazil to host processing facilities, advancing development of a world-class niobium and rare earths mine. The move supports a fast-tracked pathway to production amid rising global demand.

Sunshine Metals has released a comprehensive scoping study for its Liontown Gold Operation in North Queensland, outlining a promising initial production target of approximately 75,000 ounces of gold and 654,000 ounces of silver. The study highlights strong financial metrics and a pathway to production by late 2026, with further resource updates expected.