Latest Resources News

Sunstone Metals has withdrawn its production targets and financial forecasts for the Bramaderos Gold-Copper Project, citing an overreliance on Inferred resources without a reasonable basis. The company plans infill drilling to upgrade resources and expects an updated Mineral Resource estimate later in 2026.

Acrux Limited has raised $1.6 million through a discounted share placement, attracting strong demand and offering attaching options to investors. The funds will support Phase III trials for female testosterone and a co-development deal with an international partner.

Aeris Resources has confirmed a significant new mineralised trend at its Avoca Tank deposit and thicker copper intersections at Budgerygar, setting the stage for resource upgrades and potential mine plan enhancements at its Tritton Operation.

Diablo Resources has acquired an 80% stake in Utah's Horn Silver Mine, a historically prolific high-grade silver asset, backed by a $3.5 million capital raise to accelerate drilling across multiple immediate targets.

ADX Energy’s HOCH-1 well in Upper Austria has revealed 4-6 metres of net gas pay across seven intervals in the Base Hall formation, moving closer to production testing after reaching 1685 metres depth.

Avira Resources has secured a two-year extension for its Mt Cattlin Gold Project tenure and is set to launch a 4,500-metre RC drilling campaign targeting a maiden resource estimate by year-end.

Pursuit Minerals has kicked off fieldwork at its Sascha Marcelina gold-silver project in Argentina, confirming a significant mineralised system and preparing for a maiden drilling program.

Xstate Resources reports promising early production from its Diona-1 well in Queensland, with gas and condensate flowing during the flow-back phase following stimulation.

Manuka Resources completes early-stage Mt Boppy drilling with low-grade gold results but gains key structural insights, while launching resource definition drilling at Pipeline Ridge targeting a maiden gold resource.

Aguia Resources has addressed all regulatory queries for its Tres Estradas phosphate mine operating licence, with final approval expected soon. The project remains on track for mid-May operational readiness, while its Pampafos fertiliser offers a significant cost edge amid supply shortages in Southern Brazil.

Gorilla Gold Mines has unveiled a fourth new shallow gold discovery at its Comet Vale project, reinforcing the North Kalgoorlie Hub’s growing 1.2 million ounce resource. The Diddy Kong prospect shows promising shallow mineralisation open in multiple directions, driving an aggressive follow-up drilling campaign.

Great Northern Minerals has pinpointed two fresh drill targets at its Iron Butte gold-silver project in Nevada, potentially broadening the mineralised zone beyond the current resource footprint. Supported by strong soil anomalies and rock assays, these targets reinforce the project's epithermal system credentials and feed into an imminent maiden resource estimate.