Latest Resource Milestones News

Power Minerals has completed a 2,272-metre drilling program at its Santa Anna niobium-REE-gallium project in Brazil, advancing its due diligence ahead of a potential acquisition. Results expected in July could pave the way for a maiden resource estimate.

New Frontier Minerals has completed a $1.59 million share placement, issuing over 142 million new shares to fund its key exploration projects in rare earths and copper.

Magmatic Resources has secured 100% ownership of the Weebo Gold Project in Western Australia’s prolific Yandal Greenstone Belt, positioning itself amid five major gold mines. The acquisition complements its NSW copper-gold portfolio and sets the stage for imminent drilling campaigns.

Hastings Technology Metals has struck a deal to acquire the Whiteheads Gold Project, adding a substantial gold asset near Kalgoorlie to its portfolio and targeting a maiden resource by year-end.

Aurum Resources has secured a joint venture to earn up to 80% interest in two new exploration permits adjacent to its 1.6Moz Boundiali Gold Project in Côte d'Ivoire, significantly expanding its landholding and growth potential.

Kingsrose Mining advances its exploration efforts in Norway’s Finnmark region with increased backing from BHP, while winding down its Central Finland alliance. The company also secures an option to acquire the promising Gallujavri nickel-copper-PGE project.

Copper Search Ltd has identified promising heavy mineral sands rich in zircon and titanium minerals at its Peake Project in South Australia, signaling a strategic expansion beyond copper exploration. The company has engaged renowned expert Ian Warland and applied for a new tenement to advance this low-cost opportunity.

Critica Limited announces the resignation of Managing Director Philippa Leggat, who led key advances in the Jupiter rare earth project. An interim CEO is appointed as the Board begins the search for a permanent successor.

Aurora Energy Metals has received a further US$550,000 from Eagle Energy Metals, extending the option to acquire the Aurora Uranium Project and underpinning key development milestones.

First Au Limited has entered a binding term sheet to progressively acquire full ownership of the Nimba Gold Project in Liberia, backed by a planned A$1 million equity raise to fund exploration. The project’s proximity to a major West African gold mine and promising drill results position FAU for a strategic expansion into a stable, mining-friendly jurisdiction.

Terrain Minerals has kicked off a 3,350-meter drilling campaign at its Lightning and Monza prospects, aiming to expand on recent high-grade gold and silver discoveries. Concurrently, the company has opened a $1.8 million rights issue to fund ongoing exploration and development.

EV Resources Limited has agreed to sell its Coyote Creek Antimony Project in Utah to Trigg Minerals, securing upfront cash and shares while maintaining exposure to antimony through equity stakes.