Latest Resource Milestones News

Sentinel Metals (ASX: SNM) is set to nearly double its North American gold resources with the acquisition of the Big Springs Gold Project in Nevada, adding 1.01 million ounces to its portfolio alongside Montana’s Columbia Project.

Sunshine Metals has secured the Mt Moss Operation for $18 million, setting the stage for gold production by mid-2027 and progressing engineering, financing, and exploration activities.

Arrow Minerals has sealed its acquisition of an 80% interest in the Yarraloola Copper Project in Western Australia’s Pilbara, following a capital raising that underpinned the deal. The company’s next steps hinge on resource milestones that could trigger further share payments.

Australian Mines appoints Andrew Nesbitt as Managing Director and adds two new Non-Executive Directors, while unveiling a 1-for-5 share consolidation and director incentives linked to key project milestones.

Charger Metals has struck a deal to sell its Bynoe Lithium Project to Core Lithium’s subsidiary for up to $14.75 million, including upfront cash, a resource milestone payment, and a capped royalty. The sale lets Charger focus on its Lake Johnston lithium ambitions.

Fortuna Metals has commissioned its own laboratory in Malawi, accelerating sample processing and cutting assay costs as it nears a maiden resource estimate for its Mkanda rutile and graphite project.

Forrestania Resources has boosted its Lady Lyla gold deposit resource to 41,700 ounces at a higher grade, unveiling a maiden Indicated category that now constitutes the majority of the resource. The update follows a substantial drilling campaign and sets the stage for further development work at the Forrestania Gold Hub in Western Australia.

Arika Resources has completed its acquisition of 100% ownership of the Yundamindra and Kookynie gold projects, consolidating control over key assets in Western Australia’s Eastern Goldfields and setting the stage for accelerated exploration.

Paterson Resources has nearly tripled the inferred gold resource at its Grace Gold Project to 200,000 ounces, highlighting shallow, high-grade mineralisation and promising metallurgical recoveries that support open cut mining potential.

St George Mining has restructured its Lithium Star joint venture, with battery giant Amperex Technology Limited exchanging its 10% JV stake for a 12.5 million shareholding in St George at a 36% premium. This move consolidates lithium exploration under St George while giving ATL exposure to the Araxá niobium-rare earths project and offtake rights on future lithium production.

Magnum Mining has advanced its auger drilling campaign at the Piracanjuba North Target, completing 161 holes over 7.4 km² and preparing for key Exploration Target and JORC Resource milestones later this year.

GreenX Metals has unveiled a substantial Exploration Target at its Tannenberg Copper Project in Germany, estimating up to 279 million tonnes of mineralisation with significant copper and silver grades. This marks a strategic shift to active exploration following extensive archival research.