Latest Resources News

Broken Hill Mines reports a milestone September quarter with record mining at Rasp, breakthrough access to the Blackwoods orebody, and strong drilling results at Pinnacles, setting the stage for growth in FY26.

Ausgold Limited has completed a $35 million capital raising and acquired critical freehold land, resolving a long-standing legal dispute and enabling a re-optimisation of its Katanning Gold Project mine plan. This strategic move sets the stage for an extensive drilling campaign and advances the project toward a final investment decision in mid-2026.

Winsome Resources has completed its share entitlement in Power Metals Corp, now holding a 16.1% stake and retaining key offtake rights for lithium and other critical minerals from Power Metals’ Ontario project.

Advance Metals has established a new Mexican Advisory Board to leverage deep local expertise and fast-track its ambitious silver-gold exploration targets in Mexico. The company aims to more than double its silver-equivalent resources to over 200 million ounces with upcoming drilling campaigns.

Orpheus Uranium has gained crucial consent from the Adnyamathanha native title holders for a mining agreement that clears the way for drilling at its Frome and Maree uranium projects in South Australia.

Future Battery Minerals Ltd has reported significant upgrades in gold grades from detailed single-metre assays at its Miriam Project, reinforcing the potential of the Forrest and Canyon prospects in Western Australia.

Ballard Mining’s infill drilling at the Baldock deposit continues to reveal strong high-grade gold intersections, underpinning plans for a maiden ore reserve by mid-2026. The program is 74% complete, boosting confidence in resource conversion and future mine life.

Power Minerals Limited is set to list on the US OTCQB market following strong investor interest after acquiring the Gamma Heavy Rare Earths and Uranium Project in California, aiming to boost liquidity and visibility in the US capital markets.

Somerset Minerals’ latest geophysical survey at the Jura Prospect reveals a mineralised copper zone extending to at least 600 metres below surface, with signs of increasing grade at depth. Parallel untested targets and a new southern anomaly set the stage for expanded drilling campaigns.

Mandrake Resources has identified two promising high-grade lithium brine zones within its Utah Lithium Project, enhancing the prospectivity of its 3.3Mt inferred resource. The discovery leverages advanced brine flow modelling and historical well data, setting the stage for cost-effective testing.

GreenX Metals has uncovered a significant 1940 historical copper estimate of 728,000 tonnes at 2.6% grade from its Tannenberg Project in Germany, validated by a 1984 drilling campaign including silver by-product. The discovery supports a modern exploration model and sets the stage for a new drilling program to confirm and upgrade the resource.

Alicanto Minerals reports promising early-stage exploration results from its Greater Falun and Sala projects in Sweden, highlighting high-grade assays and new targets that reinforce the region's mineral potential.