Latest Resource Growth News

Golden Horse Minerals has acquired full ownership of the Sorrel Copper Project from NT Minerals for $3 million, gaining significant copper exposure in a Tier-1 jurisdiction. The acquisition replaces a prior earn-in option and positions Golden Horse for resource growth amid rising copper demand.

Sky Metals reports fresh high-grade tin intercepts from ongoing drilling at its Tallebung project, expanding the deposit and reinforcing its low-cost production potential.

Noronex Limited’s first diamond drilling program at the Fiesta Copper Project in Namibia reveals significant copper and silver mineralisation at depth, expanding the project’s scale and geological understanding. Funded by South32 under an earn-in agreement, ongoing drilling promises further insights.

Stellar Resources is expanding its drilling program at the Heemskirk Tin Project following strong high-grade tin results, aiming to significantly grow its mineral resource and advance project development.

Magnetite Mines Limited has updated its Razorback Iron Ore Project Mineral Resource Estimate, increasing tonnage by 600 million tonnes through a revised cut-off grade that aligns with Ore Reserves. This reinforces the project's strategic position in South Australia's Braemar iron province.

Burley Minerals reports encouraging assay results from its maiden drilling at the Cane Bore South Target, confirming surface and near-surface iron mineralisation with high-grade intercepts. The company plans further exploration at larger adjoining targets in the Pilbara region.

Strickland Metals has agreed to sell its Yandal Gold Project to Gateway Mining for A$45 million in equity, enabling a strategic pivot to its Rogozna Project in Serbia. Shareholders will receive most of the Gateway shares via an in-specie distribution, maintaining exposure to Yandal’s future potential.

Gateway Mining Limited has agreed to acquire Strickland Metals’ Yandal Gold Project for $45 million in shares, adding a 400,400-ounce inferred gold resource to its portfolio. The acquisition, pending shareholder approvals, positions Gateway for significant exploration and development in Western Australia’s prolific goldfields.

GTI Energy has successfully raised A$4.5 million through a placement anchored by Snow Lake Energy, a NASDAQ-listed uranium player with a joint venture adjacent to GTI’s Lo Herma project. The funds will accelerate resource expansion and drilling activities.

Benz Mining reports significant high-grade gold intercepts at its Glenburgh Gold Project, confirming continuity and expanding resource potential. The company advances its maiden resource estimate with a fully funded 30,000m drill program underway.

Torque Metals is initiating a targeted 6,500-metre drilling program at its Paris Gold Project, leveraging advanced electromagnetic surveying to unlock new high-grade gold zones and potentially grow its resource base.

Redcastle Resources has significantly boosted its gold Mineral Resource Estimates to 42,000 ounces across its Queen Alexandra and Redcastle Reef deposits, marking a 280% increase from its maiden resource. The company is advancing towards near-term production with a strategic partnership and ongoing scoping study.