Latest Resources News

Sunshine Metals has launched fieldwork and plans drilling at its Sybil gold project in Queensland, revealing promising geological signs and historic high-grade samples that hint at significant gold potential.

NewPeak Metals has raised A$1.14 million by selling part of its shares in Lakes Blue Energy, aiming to fund its own exploration plans while maintaining a significant stake in Lakes’ promising gas projects.

FMR Resources has completed detailed geological mapping and historic drillhole re-logging at its Southern Porphyry target in Chile, confirming surface indications of a copper porphyry system and setting the stage for drilling in late 2025.

Capricorn Metals has agreed to acquire the Claw Gold Project adjacent to its Mt Gibson operation, aiming to unlock new gold resources in Western Australia’s prolific Murchison region.

Olympio Metals has expanded its diamond drilling program at the Bousquet Gold Project in Quebec, targeting the Amadee Prospect adjacent to the high-grade Paquin zone. The move aims to explore a potentially continuous gold-bearing structure with assay results expected soon.

The Environmental Group Limited (ASX – EGL) has landed a $1.9 million contract to design and build its inaugural PFAS treatment plant, marking a key milestone in commercialising its proprietary environmental technology.

Lakes Blue Energy has secured all regulatory approvals to begin drilling the Wombat-5 well in Gippsland, aiming to tap a significant gas resource with potential to ease Victoria’s looming supply crunch.

QMines Limited has announced a 16% increase in the gold resource at its Mount Mackenzie project, now totaling 151,000 ounces of gold and 902,000 ounces of silver. This upgrade strengthens the company’s regional production strategy and highlights potential for further resource growth.

Carnaby Resources has reported significant drill assay results from its Trekelano and Mount Hope North prospects, reinforcing the potential of its Greater Duchess Copper Gold Project in Queensland.

Peak Rare Earths has completed the sale of its non-core Teesside site in the UK for £3.5 million, redirecting capital to its flagship Ngualla Rare Earth Project and upcoming Shenghe Resources acquisition.

Haranga Resources is set to begin its first-ever drilling campaign at the Ibel South Gold Project in Senegal, targeting promising gold anomalies identified through innovative termite mound sampling.

HyTerra Limited is advancing its Nemaha Project with the imminent spudding of the McCoy 1 well, moving towards data-driven exploration backed by strategic funding from Fortescue Future Industries Technologies.