Latest Resources News

Indiana Resources has confirmed a new gold mineralised splay off the Lake Labyrinth Shear Zone at its Minos Gold Project, revealing promising assay results and a hydrothermal signature indicative of a larger system.

PMET Resources has announced a significant capital raise of up to C$130 million through a public offering and a flow-through private placement to advance its Shaakichiuwaanaan critical minerals project in Quebec. The funds will support updated feasibility studies and exploration, aiming to de-risk the path to a Final Investment Decision.

Carnavale Resources has been granted the crucial mining lease for its Kookynie Gold Project, paving the way for a shovel-ready status by Q3 2026 alongside ongoing feasibility studies and drilling campaigns.

Cannindah Resources has launched a focused drilling campaign at its Cannindah Breccia deposit, aiming to unlock a high-grade ‘GAP’ zone within its existing copper-gold resource. Early results hint at significant grade improvements that could reshape the project’s economic outlook.

Ordell Minerals has reported compelling shallow gold mineralisation results from its recent drilling at the Barimaia Gold Project, with high-grade intercepts confirming the prospect’s open-pit potential. Drilling will recommence shortly to expand these zones and explore new targets along a significant strike length.

Legend Mining’s latest exploration at the Pinnacle Well Project reveals compelling geophysical and geochemical signals that enhance gold prospectivity at the Alpha North prospect, setting the stage for targeted drilling.

Queste Communications reported a slight operating cash outflow in January 2026 but ended the month with a solid cash position supported by financing activities and investments.

Nagambie Resources has formally issued a Right of First Refusal notice to Southern Cross Gold, setting a March deadline that could determine the fate of its proposed joint venture with Alkane Resources.

MEC Resources has successfully closed its Options Placement Offer, raising $359,162 through strong shareholder support. The fully subscribed offer sets the stage for the company’s next development phase.

Orange Minerals NL is advancing exploration in two proven mineral belts, targeting gold in Ghana's Sefwi Gold Belt and base metals in Western Australia's Pilbara region, with key drilling results and ownership milestones expected soon.

Paterson Resources has reported encouraging initial assay results from its Grace Gold-Copper Project, revealing wide zones of shallow gold mineralisation. With Phase II drilling on the horizon, the company aims to upgrade its resource estimate and explore production pathways.

Tungsten Mining has completed a $53 million placement, oversubscribed by institutional investors, positioning the company to accelerate development of its key tungsten projects. The funds will support exploration and feasibility studies with results expected later this year.