Latest Resource Milestones News

Cobre Limited has released its first Mineral Resource Estimate for the Comet Deposit within Botswana’s Ngami Copper Project, revealing significant copper and silver resources with promising economic extraction potential.

Eastern Metals Limited has progressed its strategic acquisition of Raptor Resources while completing an initial capital raise and divesting a royalty interest, positioning itself for growth in copper exploration.

Adavale Resources has announced a maiden JORC 2012 Inferred Mineral Resource of 115,000 ounces of gold at its London-Victoria Gold Mine and secured a strategic exploration licence containing the high-grade Koh-I-Noor mine. A $3.238 million capital raise will accelerate drilling and exploration across its Parkes Project.

Capricorn Metals has agreed to acquire the Mongers Lake Project adjacent to its Mt Gibson Gold Project, aiming to unlock new gold resources in Western Australia. The $1.5 million deal includes cash and shares, with milestone payments tied to resource and mining developments.

Thor Energy has announced the issuance of 25 million new shares following successful exploration milestones and director performance targets, with shares set to begin trading on AIM and ASX on August 1.

Leeuwin Metals has reported strong high-grade gold assay results from its latest drilling at the Marda Gold Project, with significant mineralisation extending below existing pits and new targets identified. The company aims to deliver a maiden Mineral Resource Estimate this quarter, supported by ongoing exploration and drilling.

BPM Minerals has reshaped its portfolio by acquiring the Forelands Gold Project and selling the Claw Gold Project, positioning itself for growth in Western Australia’s gold sector.

Barton Gold Holdings has completed the acquisition rights for the Wudinna Gold Project, adding 279,000 ounces of gold to its South Australian portfolio and raising its total resources to 2.14 million ounces. The deal, approved by Cobra Resources shareholders, positions Barton for regional growth pending final tenement transfers.

Rimfire Pacific Mining has secured $3.5 million through a discounted share placement to accelerate scandium resource development across its NSW projects, signaling renewed momentum after arbitration setbacks.

Gold Hydrogen Limited confirms full settlement of a strategic investment by three Japanese industry players, setting the stage for an ambitious 2025 work program at its Ramsay Project focused on natural hydrogen and helium exploration.

Iltani Resources has reported multiple wide, high-grade silver-indium intersections from its Orient East drilling program in Queensland, reinforcing the project's potential as Australia's premier silver-indium deposit.

Great Southern Mining has sold the Southern Star gold prospect licence to Regis Resources for up to A$9 million, including a strategic alliance to accelerate exploration in the Duketon Belt.