Latest Resources News

Cavalier Resources has signed a non-binding US$11 million streaming finance term sheet with Raptor International to fund the Stage 1 open pit development of its Crawford Gold Project, backed by a robust updated Pre-Feasibility Study.

Western Yilgarn NL reports a substantial 168.3 million tonne inferred bauxite resource at Julimar West and progresses exploration at its New Norcia gallium-bauxite project, supported by a $520,000 capital raise.

Jindalee Lithium advances its McDermitt Lithium Project in the US with a robust 63-year Pre-Feasibility Study, enhanced permitting progress, and strong US government support under the FAST-41 initiative. Strategic partnerships and funding efforts are underway to de-risk and develop this critical mineral asset.

Burley Minerals has completed maiden drilling at its Cane Bore Iron Project with assay results due soon, while securing $1 million in fresh capital to accelerate exploration in Western Australia’s Pilbara region.

Grange Resources reported a solid Q1 2025 with a flawless safety record, improved iron ore prices, and strategic progress on key projects despite planned maintenance impacting output and costs.

European Metals Holdings has achieved key regulatory milestones for its Cinovec Lithium Project, including EU Strategic Project status and a $36 million grant, positioning it as a pivotal supplier in Europe’s lithium supply chain.

Panther Metals reports strong high-grade gold intercepts at its Laverton Gold Project, particularly at Burtville East, alongside a $685,000 capital raise to fund further exploration.

Enegex Limited advances its West Yilgarn exploration with a significant new gold anomaly at Three Springs and environmental approval for drilling at Rocky Ridge, positioning the company for potential growth in a prolific mineral province.

Australian Mines Limited reports significant progress in its critical minerals projects during Q1 2025, capitalizing on geopolitical shifts that underscore the strategic importance of diversified supply chains. The company highlights expanded studies at Flemington and promising exploration results at Jequie and Resende, while navigating financing challenges for its Sconi nickel-cobalt asset.

Cauldron Energy reports a maiden inferred uranium resource of 11.1 million pounds at Manyingee South, boosting total Yanrey Project resources by 35%. The company also expands its footprint with six new tenements, positioning itself strongly amid a bullish uranium market.

Cue Energy Resources delivered a robust quarter with production rising to 1,700 boe/d and a $7 million dividend payout, while advancing development projects in Australia and Indonesia.

IRIS Metals has reported a JORC-compliant initial lithium resource at its Beecher Project, alongside high-grade drilling results at Tin Mountain, setting the stage for near-term production and resource expansion in South Dakota.