Latest Resources News

Lakes Blue Energy has completed the sale of its 49% stake in PEP 169, receiving $6.5 million and securing a 4% royalty on future production. The company now shifts focus to advancing drilling at its Wombat and Trifon/Gangell fields in the Gippsland Basin.

Nova Minerals has confirmed extensive high-grade gold and antimony mineralization at its Stibium prospect in Alaska, setting the stage for resource drilling in 2025 amid strategic U.S. critical minerals initiatives.

Asian Battery Metals has released final assay results from its 2024 Phase 2 drilling at the Oval Cu-Ni-PGE project in Mongolia, confirming multiple high-grade massive sulphide intercepts that underscore the prospect's potential.

Greenvale Energy has acquired a 100% interest in the advanced Oasis Uranium Project in Queensland, featuring historically confirmed high-grade uranium mineralisation. The company plans an aggressive 2025 exploration campaign to upgrade the project to JORC resource status.

Wia Gold has reported compelling assay results from recent drilling at its Kokoseb Gold discovery in Namibia, revealing high-grade gold intercepts and announcing a significant ramp-up in exploration and development activities for 2025.

Greenvale Energy has secured a $1.176 million R&D rebate, enabling the launch of Test Program 6 on its Alpha Project to optimize processing conditions ahead of bulk sample production.

Polymetals Resources is advancing steadily towards restarting production at its high-grade Endeavor silver-zinc mine, fully funded and on track for first output in the first half of 2025.

Peninsula Energy has appointed George Bauk as its new Managing Director and CEO, marking a strategic leadership transition aimed at capitalising on a resurging uranium market and expanding production at the Lance Project.

Galan Lithium has secured the full Phase 2 mining permit for its Hombre Muerto West project, enabling a production scale-up to 21,000 tonnes per annum of lithium carbonate equivalent. Positioned in the lowest cost quartile, this milestone cements Galan’s role as a key player in the global lithium market.

Advance Metals Limited has had its trading suspension lifted following compliance with ASX Listing Rules related to proposed acquisitions, signaling a fresh chapter for the mining company.

Advance Metals Limited has entered binding agreements to acquire significant interests in high-grade gold projects in Victoria, Australia, and a major silver project in Durango, Mexico, expanding its precious metals portfolio amid record metal prices.

Advance Metals Limited remains suspended from ASX trading as the exchange awaits full compliance with listing rules tied to its proposed acquisitions and JORC Code adherence.