Latest Resources News

Australian Mines Limited has reported its strongest gold drill intercept to date at the Boa Vista Gold Project in Brazil, extending mineralisation both along strike and down dip. These results highlight the potential for a large-scale bulk-tonnage gold system.

Magnetite Mines Limited (ASX:MGT) has been awarded Federal Major Project Status for its Razorback Iron Ore Project, unlocking government support as it advances multi-commodity exploration across South Australia. The company is progressing rare earth, copper, and gold programs while positioning Razorback for long-term green steel supply.

GoldArc Resources has revealed promising high-grade gold intercepts from maiden Aircore drilling at the Whistler Prospect, confirming new blind gold mineralisation zones within its Leonora South Project.

Metallium Limited reports rapid progress at its Gator Point Technology Campus in Texas, advancing its proprietary Flash Joule Heating technology to recover critical metals from electronic waste. The company targets processing 8,000 tonnes of printed circuit boards annually by late 2026.

Neometals has upgraded the Ironclad gold deposit resource at its Barrambie Project to 15,000 ounces, with a significant portion now classified as Indicated, underpinning plans for near-term development.

Horizon Minerals reports strong gold production from Phillips Find and a robust cash position, setting the stage for upgrading its Black Swan Processing Hub.

Miramar Resources has reported a standout shallow high-grade gold intersection at its Gidji JV Gold Project near Kalgoorlie, boosting hopes for a new gold resource. Further assays and drilling are underway to define the scale of this promising discovery.

Westgold Resources has approved a $145 million expansion of its Higginsville Processing Hub, increasing capacity by 62.5% and aiming to lift Southern Goldfields production by 60,000 ounces annually while cutting processing costs by nearly a quarter.

Galilee Energy has confirmed the Zydeco-1 well is drill-ready following enhanced 3D seismic analysis, aiming to tap up to 8 billion cubic feet of gas and 0.5 million barrels of condensate in Louisiana with spudding planned for the second quarter of 2026.

Buxton Resources has secured all necessary permits and funding to launch its inaugural drilling campaign at the Madman copper-gold project in Western Australia, targeting a promising Havieron-style magnetic anomaly.

Queste Communications Ltd reported a positive net cash flow from operating activities for February 2026, supported by a robust cash balance and stable financing arrangements. The company’s consolidated position, including its majority stake in Orion Equities, underscores its solid liquidity outlook.

Novo Resources Corp. has issued a prospectus offering free New Options to recent placement participants and joint lead managers, aiming to support its exploration projects in Western Australia and Victoria. The options, exercisable at A$0.15 and expiring in three years, could raise significant capital upon exercise, subject to shareholder approval.