Latest Resource Reporting News

Anson Resources reports a successful pilot of Direct Lithium Extraction technology at its Green River project with 98% lithium recovery, while securing approvals for a 24-hole drilling program at its Yellow Cat Uranium-Vanadium project.

Native Mineral Resources Holdings Limited reported a $3.2 million net cash outflow from operations in Q1 2025 but strengthened its balance sheet with a $4.52 million capital raising post-quarter.

Westgold Resources reported robust Q3 FY25 exploration results, drilling 83km and investing $11 million across its Murchison and Southern Goldfields portfolios, highlighting high-grade gold intercepts and advancing the Fortnum Expansion Project.

Coronado Global Resources delivered March quarter production in line with plans despite Queensland rainfall, progressing key expansion projects and implementing significant cost reductions to navigate challenging metallurgical coal markets.

Great Divide Mining Ltd has taken a decisive step from explorer to gold producer by securing a farm-in agreement for the Adelong Gold Project and raising $2.05 million to fund production restart and exploration activities.

Infini Resources reports promising uranium assays from maiden drilling at Falls Lake and completes key Athabasca Basin acquisitions, backed by a $3.4 million Canadian capital raise.

FMR Resources has completed its inaugural drilling program at the Demoiselle Prospect within the Fairfield Copper Project, with assay results expected shortly. The company also expanded its portfolio by staking the high-grade Goshen Copper Project, positioning itself for a robust exploration campaign in 2025.

Lord Resources has identified compelling new copper sulphide targets at its Ilgarari Copper Project through a detailed gravity survey and has formally commenced an earn-in agreement to acquire up to 80% interest in the project’s sulphide rights.

MinRex Resources reports promising gold and silver assay results from its Sunny Corner Project in NSW and secures a strategic farm-in option over the Fraser Range Copper-Gold Project in WA, underpinning its growth ambitions.

Vulcan Energy Resources reported a €12.8 million net cash outflow from operations in Q1 2025 but maintains strong liquidity with nearly €79 million in cash and €10 million in unused credit facilities.

Alchemy Resources Limited reported a modest net cash outflow in operating activities for Q1 2025 but ended the quarter with a robust cash balance supporting over 17 quarters of funding.

Alchemy Resources reported significant progress at its Karonie Gold-Lithium Project with JOGMEC completing its $600,000 farm-in commitment and over 4,000 soil samples analyzed, identifying 12 priority targets for follow-up. Meanwhile, strong copper and gold assays at Lachlan’s Yellow Mountain prospect and regained Bryah Basin control underscore a busy quarter.