Latest Resources News

Locksley Resources reports standout assay results from its Mojave Project alongside strategic board appointments and a comprehensive review of its Tottenham Copper Project, setting the stage for accelerated exploration and resource development.

Diatreme Resources has made significant strides in its silica sand ventures, signing a non-binding offtake MOU with Mitsui & Co and enhancing its leadership team. The company also reports strong cash reserves and ongoing environmental and community engagement efforts.

Gibb River Diamonds secures key agreements to progress gold mining at Edjudina and gains international exposure for its Ellendale Diamond Project, positioning itself for growth across multiple mineral fronts.

Augustus Minerals has completed the acquisition of Music Well Gold Mines, gaining control of a significant gold project near Leonora, Western Australia, and reported promising high-grade gold and molybdenum exploration results in its latest quarterly update.

Odyssey Gold Limited reports compelling diamond drilling results at its Tuckanarra Gold Project, confirming deeper mineralisation continuity and validating new exploration models. The company plans expanded airborne EM surveys and further drilling to unlock additional resource potential.

Siren Gold Limited has completed the sale of its Reefton Project for A$22 million, retaining a significant stake in the new consolidated explorer RUA Gold Inc. The company now turns its focus to advancing the Sams Creek Project with a pending mining permit and exploration plans.

Moho Resources has completed the sale of its East Sampson Gold Project for up to $4 million and raised $673,000 through a share placement, marking a strategic pivot to optimise its portfolio and fund exploration.

Metgasco’s Q4 2024 report reveals a striking 105% surge in gas revenue driven by production optimisation at the Odin field, alongside a 45% increase in net proved and probable reserves following an independent assessment.

Far Northern Resources reports promising assay results from its Rocks Reef and Empire projects in North Queensland, setting the stage for intensified exploration and drilling activities in 2025.

Flynn Gold Limited has announced a maiden Exploration Target at its Golden Ridge Project in Tasmania, estimating up to 520,000 ounces of contained gold, alongside a new exploration licence near the Beaconsfield Gold Mine.

North Stawell Minerals has secured $1.3 million in new equity funding to propel exploration at its North Stawell Gold Project, with diamond drilling set to begin in January 2025 targeting the promising Wildwood and Darlington prospects.

Medallion Metals Limited advances acquisition talks with IGO Limited for the Cosmic Boy Process Plant while reporting strong drilling results and a promising scoping study for its Ravensthorpe Gold Project.