Latest Resources News

Aurum Resources has locked in a $35.6 million private placement led by strategic investors including the Lundin Family, Montage Gold, and Zhaojin Mining to accelerate drilling and development at its key gold projects in Côte d’Ivoire.

Adavale Resources (ASX:ADD) advances its Parkes Project in NSW’s Lachlan Fold Belt with a maiden JORC resource at London-Victoria and promising copper-gold targets at Ashes and Myalls. The company is gearing up for a maiden drilling campaign in Q2 2025.

Desert Metals Limited’s initial aircore drilling at the Tiogo prospect in Côte d'Ivoire reveals a promising 900m-long gold zone with high-grade mineralisation, prompting plans for immediate follow-up exploration.

Astral Resources has restated its Spargoville Gold Project resource following its Maximus takeover, consolidating its group gold mineral resource to 1.76 million ounces. The update aligns Spargoville’s estimate with Mandilla’s economic assumptions, setting the stage for upcoming development.

TechGen Metals has announced an extension of a high-grade gold anomaly at its John Bull Gold Project in NSW, setting the stage for imminent drilling activities under its joint venture with Novo Resources.

Terra Metals has exercised its option to acquire HRM Exploration, significantly expanding its Dante Project tenure in Western Australia’s West Musgrave region. The all-scrip deal positions Terra to accelerate exploration in a mineral-rich province analogous to South Africa’s Bushveld.

OzAurum Resources has confirmed significant high-grade gold mineralisation at the newly discovered Cross Fault within its Mulgabbie North Gold Project, with ongoing drilling set to further unlock the zone’s potential.

Great Boulder Resources reports outstanding gold recoveries of up to 96% at Mulga Bill with significantly reduced cyanide levels, promising lower processing costs and capital expenditure. The Ironbark scoping study is progressing well, with further drilling underway to expand resources.

Yari Minerals has agreed to acquire the Rolleston South Coal Project, adding a JORC-compliant inferred resource of 78.9 million tonnes in Queensland’s Bowen Basin. The deal includes shares and performance rights, with plans to expand and upgrade the resource through drilling.

EcoGraf Limited has been granted a second Australian patent for its HFfree® purification technology, reinforcing its position in the sustainable battery materials market. This patent extends protection for its innovative graphite purification process critical to lithium-ion battery anode production and recycling.

Copper Search Limited reports encouraging geophysical survey results at its Byrock Project in NSW, identifying significant chargeability anomalies and new magnetic targets indicative of copper-gold mineralisation. The company plans further ground work and drilling later this year to advance these promising prospects.

Future Metals NL has announced a $2.64 million entitlement offer to fund its Eileen Bore Cu-Ni-PGM project, partially underwritten by CPS Capital Group. The offer opens mid-May to eligible shareholders across multiple jurisdictions.