Latest Resource Growth News

Sun Silver Limited reports breakthrough high-grade silver-gold intercepts at Maverick Springs alongside a $30 million capital raise to accelerate exploration and development.

Rand Mining Ltd reports a solid increase in the East Kundana Joint Venture’s mineral resources and ore reserves for 2024, reflecting updated gold price assumptions and operational cost reviews.

Alchemy Resources has made significant strides in its June quarter exploration, identifying major lithium targets at Karonie and acquiring full iron ore rights at Bryah, while advancing base metals exploration in NSW.

Waratah Minerals has reported significant extensions of high-grade gold mineralisation at its Spur Gold-Copper Project, alongside promising porphyry copper-gold intersections at Breccia West. The company also secured $8.4 million in new equity to accelerate drilling activities.

Empire Resources has completed a significant 21-hole reverse circulation drilling campaign at its Yuinmery Project, targeting copper-gold mineralisation across multiple prospects. Assay results are pending, with the company poised to define resource potential amid ongoing exploration.

KGL Resources has leveraged cutting-edge integrated 3D inversion modelling to reveal multiple high-priority exploration targets at its Jervois and Unca Creek tenements, suggesting a larger and deeper mineral system than previously known.

Ballymore Resources’ latest drilling at the Dittmer Project in North Queensland confirms expanding high-grade gold, silver, and copper mineralisation, with promising deep extensions identified. The company is advancing towards mining lease approval to unlock further underground exploration.

Magnetite Mines has increased its Razorback iron ore resource estimate and extended key partnership negotiations, advancing its flagship project’s development. The company also reported promising metallurgical testwork and drew down funding to support ongoing feasibility studies.

Legacy Minerals reports a robust Stage 1 Scoping Study for its Drake Project, confirming strong economics and production potential, while inaugural drilling at the Thomson Project and a $7.75 million capital raise set the stage for accelerated exploration.

Unico Silver’s June quarter report highlights significant drilling successes at its Joaquin and Cerro Leon projects, advancing its transition from explorer to developer with promising resource expansions.

Aeeris Ltd reported a strong Q4 FY25 with a 13.3% increase in annual recurring revenue, driven by the full deployment of its proprietary AWARE system and strategic in-house service transitions.

Torque Metals has confirmed an 8-metre extension of high-grade pyrrhotite-associated gold mineralisation at its Paris Gold Project, with a continuous zone now reaching approximately 52 metres. Down-hole electromagnetics suggest further mineralisation potential beyond current drilling.