Latest Resources News

EMU NL has made significant strides in its Yataga Copper Project exploration, completing key geochemical and geophysical surveys and securing $1.5 million through a share placement. The company is poised to identify high-priority drill targets in the first half of 2025.

European Metals Holdings Limited has clarified its recent Concept Study results for the Cinovec lithium project, retracting previous production targets while highlighting a potential increase in production capacity pending Definitive Feasibility Study confirmation.

Middle Island Resources reports steady progress in its Barkly Copper-Gold Super Project with ongoing drilling and modeling, supported by a recent $819K capital raise and government co-funding.

Heavy Minerals Limited advances steadily on its Port Gregory Garnet Project, with the Pre-Feasibility Study nearing completion and critical permitting and sales groundwork underway.

Burley Minerals Ltd reports significant progress in its Western Australian iron ore projects, highlighted by promising high-grade assay results and imminent drilling campaigns, while actively exploring strategic funding options amid recent sector M&A activity.

NT Minerals Limited reported a net cash outflow of $186,000 for the December quarter, ending with just $2,000 in cash but retaining $1.56 million in undrawn financing facilities.

Alice Queen Limited has initiated a pivotal three-hole diamond drilling campaign at its Viani Project in Fiji, targeting extensions of high-grade epithermal gold mineralisation. The Phase 1 program is expected to conclude early 2025, setting the stage for potential follow-up drilling.

Dateline Resources Limited’s latest quarterly report reveals a sharp decline in cash reserves, underscoring the company’s urgent need to secure additional funding to sustain its exploration activities.

Admiralty Resources NL reported a $395,000 net cash outflow from operating activities in the December 2024 quarter, alongside a substantial $2.54 million investment in exploration. The company ended the period with $2.44 million in cash and $678,000 in unused financing facilities, highlighting ongoing funding challenges.

NT Minerals reports exceptional copper assay results from its Twin Peaks Project in Western Australia, alongside strategic option agreements that could reshape its Northern Territory portfolio.

Admiralty Resources NL has marked a significant production milestone at its Mariposa Iron Ore Project in Chile, securing a sales agreement for 80,000 tonnes of iron ore amid ongoing operational and environmental progress.

Toro Energy reports steady progress in its Wiluna Uranium Project with updated resource estimates and ongoing native title consultations, positioning itself to capitalize on improving uranium market conditions.