Latest Resources News

Koonenberry Gold has reported significant assay results from its fifth drill hole at the Enmore Project, confirming extended gold mineralisation and bolstering confidence in a large bulk tonnage system.

Matsa Resources has kicked off mining operations at its Devon Pit Gold Mine, with first ore expected to be stockpiled this month and processing set for September. The project is progressing on schedule, supported by key infrastructure and strategic partnerships.

Golden Mile Resources has completed its first drilling campaign at the Pearl Copper Project in Arizona, intersecting visible copper mineralisation at two key prospects for the first time since 1942. Assay results are pending, but early signs point to promising multi-element potential.

West Cobar Metals has completed its acquisition of the Mystique Project in Western Australia’s Fraser Range, unlocking immediate drilling targets supported by exceptional nearby gold intercepts.

Patronus Resources announces a selective buyback of 9.66% of its shares from St Barbara Limited, exchanging them for a significant stake in Geopacific Resources. This move aims to streamline Patronus’ share register and align shareholder interests ahead of a crucial approval vote.

Gorilla Gold has expanded the King Kong gold lode at its Lakeview Prospect by 100 metres down dip and identified several new parallel mineralised structures through soil geochemistry, setting the stage for intensified drilling at Comet Vale.

Algorae Pharmaceuticals has secured a significant A$318,771 R&D tax incentive rebate from the Australian Taxation Office, providing a non-dilutive cash injection to advance its AI-driven drug discovery programs.

Astral Resources has reported compelling high-grade gold assay results from in-fill drilling at its Kamperman Deposit, reinforcing the potential of its Feysville Gold Project near Kalgoorlie. Concurrently, regional air-core drilling has unveiled new gold anomalism zones, setting the stage for further exploration.

Kincora Copper has broadened its drilling program in NSW’s Northern Junee-Narromine Belt, advancing exploration with AngloGold Ashanti and uncovering promising signs of porphyry copper and epithermal gold mineralization.

Evolution Mining’s latest annual report reveals a robust portfolio with 30 million ounces of gold and 4.4 million tonnes of copper in resources, underpinning a 15-year average mine life despite challenges at Red Lake.

Develop Global has commenced concentrate production and cashflow at its Woodlawn copper/zinc mine, marking a significant milestone in its strategy to become a leading ASX copper and base metals company.

St Barbara Limited is set to exchange its Patronus Resources shares for a significant stake in Geopacific Resources, aligning with its active portfolio management strategy and deepening ties to Papua New Guinea mining projects.