Latest Resource Updates News

Orbminco Limited reports promising interim infill drilling results at its Majestic North Gold Project, confirming high-grade shallow gold zones and potential southern extensions. The company also secures $5 million in a two-tranche placement to accelerate resource delineation and development.

Cauldron Energy’s latest groundwater analysis at the Yanrey Uranium Project reveals low chloride and sulphate levels, affirming the site’s suitability for environmentally friendly in situ recovery uranium mining. This milestone supports the company’s plans to expand resources and advance towards production.

PMET Resources has reported its widest and highest-grade caesium intercepts to date at the Vega Zone within its Shaakichiuwaanaan Property, alongside confirming high-grade mineralisation at the newly discovered Helios Zone.

Verity Resources is raising approximately $2 million through a non-renounceable entitlement offer to advance its Monument Gold and Botswana copper-silver projects, with directors backing the move through participation and underwriting.

Cannindah Resources has raised $15 million through a two-tranche placement and launched a $2 million share purchase plan to fund expanded exploration at its Mt Cannindah Copper-Gold Project.

Xpedra Resources has appointed mining veteran Scott Funston as Managing Director, aligning leadership with the launch of its maiden drilling program at the promising Springfield Gold Deposit in NSW.

Dreadnought Resources has successfully extended the strike of its high-grade Metzke’s Find gold resource at the Illaara Project, delivering promising assay results from a recent drilling campaign that could significantly boost near-term production ounces.

First Au Limited has reported strong initial assay results from its Phase 3 drilling at the Gimlet Gold Project, confirming high-grade gold mineralisation and setting the stage for a resource upgrade.

Adavale Resources has raised $5.15 million in a strongly supported placement to fund an expanded drilling program at its London Victoria Gold Mine and advance regional exploration efforts.

Ballard Mining reports strong early 2026 drilling results at its Baldock deposit within the Mt Ida Gold Project, underpinning a major resource expansion and a maiden Ore Reserve due mid-year.

Beacon Minerals delivered a strong December quarter with increased gold production and improved recovery rates, while progressing key mining and exploration activities at the Lady Ida Gold Project.

Savannah Goldfields has resumed gold production at its Georgetown plant with strong sales and exploration results, backed by a $15 million capital raise to fuel growth and new project development.