Latest Resources News

SSH Group Ltd reports a strong Q2 FY25 with a 89% increase in operating cash flow and a significant 19% reduction in equipment-backed debt, while securing a preferred tender notice for a major gold mining project.

Anson Resources secured key approvals to expand drilling at its Utah lithium projects, reported a maiden resource at its Western Australia base metals deposit, and raised $2.3 million in an oversubscribed share purchase plan.

Rincon Resources has identified a promising new copper target at its West Arunta project and is progressing mineral resource estimations at South Telfer, underpinning a busy exploration quarter with $3.342 million cash in hand.

Coda Minerals is set to launch a high-impact drilling campaign at its Emmie East prospect in February 2025, aiming to significantly expand the Emmie Bluff copper-cobalt-silver resource. Early results are expected within weeks, potentially reshaping the company’s resource base.

FMR Resources has completed a detailed airborne EM survey at its Fairfield Copper Project in Canada and secured a drill contractor to commence maiden drilling at the Demoiselle Prospect in mid-February 2025. The survey results have identified multiple high-priority copper targets, setting the stage for a pivotal exploration phase.

Asian Battery Metals reports significant high-grade copper-nickel-PGE intercepts at its Yambat Oval project, confirming the potential for a sizeable magmatic sulphide system. The company plans an aggressive exploration campaign in 2025, backed by a solid cash position.

Predictive Discovery Limited has reported significant progress at its Bankan Gold Project in Guinea, highlighted by strong high-grade drilling results and the crucial environmental compliance certification that paves the way for mining licence application.

VRX Silica Limited has achieved a major milestone with the EPA recommending approval for its Arrowsmith North Silica Sand Project, alongside securing $5 million in capital and expanding offtake agreements.

Estrella Resources has reported significant manganese discoveries in Timor-Leste, highlighted by exceptional rock chip assays and promising geophysical survey results. The company is advancing towards its first drilling campaign, backed by recent capital raising.

Dreadnought Resources has strategically acquired tenement E09/2383, consolidating its Mangaroon Gold Project and unlocking access to high-grade gold mineralisation at the Jailor target. This move sets the stage for intensified exploration activities starting February 2025.

Black Cat Syndicate has completed refurbishment and commenced commissioning at its Paulsens Gold Operation, supported by a successful $80 million capital raising that strengthens its balance sheet and growth prospects.

Pivotal Metals reports robust drilling results at its Horden Lake project alongside a successful A$3 million capital raise, positioning the company for an active 2025 exploration and resource update program.