Latest Resources News

Union Star Metals has locked in a binding option agreement with Lionex Metals Group for its Kalgoorlie Gold Project, potentially netting up to A$890,000. The deal aligns with Union Star’s strategy to streamline Australian assets and refocus on its Nevada gold and silver ventures.

Diablo Resources has secured final permits to start a maiden diamond drilling program at its high-grade North Star Prospect in Utah, targeting silver, antimony, and copper. The company also completed the second tranche of a $3.5 million placement to fund exploration and the Horn Silver acquisition.

Genesis Minerals has tabled a binding A$5.6 billion merger proposal for Vault Minerals, offering a mix of shares and cash that values Vault at a premium to a rival bid. The combined entity would dominate the Leonora-Laverton gold district with significant operational synergies and a strong balance sheet.

Genesis Minerals has tabled a binding offer to acquire Vault Minerals for approximately $5.6 billion, outbidding a prior scheme with Regis Resources and triggering a five-day matching period.

Midas Minerals has extended high-grade copper and silver mineralisation at its Spaatzu prospect within the Otavi Copper Project, Namibia, with assays confirming at least 800m strike length and multiple significant intercepts. Exploration across other Namibian projects also shows promising early-stage results.

Genesis Minerals has disrupted the proposed Vault-Regis merger with a superior $5.6 billion takeover bid, offering Vault shareholders a mix of cash and shares. Regis Resources meanwhile reported strong FY26 production hitting the top end of guidance, underpinning its robust cash position.

AuMEGA Metals appoints Rafael Gradim as President, replacing Michael Skead, to spearhead exploration across its significant Newfoundland gold portfolio.

Greatland Resources beat its FY26 gold production guidance by 6%, delivering 329,000 ounces and building cash reserves to $1.29 billion while maintaining zero debt.

Diamond drilling at Yandal Resources' Arrakis Prospect reveals consistent high-grade gold mineralisation extending at depth, reinforcing the discovery's potential and setting the stage for an exploration target update in July.

Tarrina Resources has extended gold mineralisation beyond historic workings at Christmas Gift, revealing high-grade intersections including 0.5m at 42.26 g/t Au and validating historic data with modern drilling.

Patronus Resources has hit high-grade gold well below the historical pit at its Tally Ho deposit in the Northern Territory, signalling promising depth extensions and a fresh mineralised zone.

Antipa Minerals’ latest Pre-Feasibility Study update reveals strong metallurgical results with gold recoveries up to 98% and improved geotechnical parameters that could reduce underground mining at Minyari Dome.