Latest Resources News

Rapid Critical Metals Limited (ASX, RCM) has unveiled a strategic acquisition of two high-grade silver projects in New South Wales and a critical metals project in British Columbia, supported by a proposed $10 million capital raise.

Verity Resources is set to begin a 3,600m drilling campaign aimed at upgrading and expanding its Monument Gold Project resource in Western Australia. The program targets the Korong deposit with the goal of moving from inferred to indicated resource status.

Aurum Resources has completed a A$35.6 million strategic placement, bolstering its cash reserves to over A$45 million and enabling accelerated development of its Boundiali and Napié gold projects in Côte d’Ivoire.

X2M Connect Limited has launched a $4.9 million capital raising through a Placement and Entitlement Offer to reduce debt and accelerate expansion in IoT, AI, and renewable energy markets.

New Age Exploration Limited reports multiple high-grade gold intercepts from its maiden drilling at the Wagyu Gold Project in Western Australia, while also expanding its footprint in New Zealand’s Otago region and completing a strategic UK asset sale.

AuKing Mining has initiated a helicopter-borne aeromagnetic and radiometric survey at its Myoff Creek project in British Columbia, aiming to unlock the potential of its niobium and rare earth mineralisation.

Macarthur Minerals Limited has updated the timetable for its A$2 million renounceable rights issue, allowing shareholders more time to participate. The company also clarified an earlier announcement, confirming its agreement with Gold Valley Yilgarn Pty Ltd pertains only to the Lake Giles Hematite Project, not the Moonshine Magnetite Project.

Trek Metals has reported promising high-grade gold results from initial drilling at its Martin Prospect, part of the Christmas Creek Gold Project in Western Australia, signaling potential for a major new discovery.

APC Minerals Limited has reported promising results from a 2,628-metre RC drilling program at its Laverton Downs Gold Project, confirming a significant gold mineralisation trend along the Lancefield Gold Trend. The company plans further drilling to explore untested strike extensions and depth potential.

Many Peaks Minerals has reported robust diamond drilling results at its Ferké Gold Project in Côte d’Ivoire, confirming wider and higher-grade gold mineralisation at depth and along strike. These findings reinforce the potential for a significant bulk tonnage gold resource.

Haranga Resources has successfully renewed its Saraya Uranium Project exploration permit in Senegal for another three years, following a positive regulatory audit. This extension secures ongoing exploration of a significant uranium resource with promising prospects.

Zenith Minerals has unveiled a significant Exploration Target of 0.3 to 0.8 million ounces of gold at its Consolidated Dulcie Project in Western Australia, backed by a fully funded drilling campaign commencing late July 2025.