Latest Resources News

Australian Gold and Copper Ltd has released its inaugural Mineral Resource Estimate for the Achilles deposit in NSW's South Cobar region, revealing a substantial 38.5 million ounces silver-equivalent resource. This milestone underscores the company's growing footprint in precious and base metals exploration.

Perseus Mining has terminated its binding offer to acquire Predictive Discovery after Robex Resources exercised its matching right, nullifying Perseus's proposal as the superior bid.

New Murchison Gold Limited has released its 2025 Mineral Resources and Ore Reserves update for the Crown Prince Gold Mine, reflecting initial mining depletion and confirming the project’s economic viability. The company is now focusing on underground potential and near-mine exploration.

Superior Resources has raised $1.75 million to fund a major drilling campaign aimed at expanding its gold resource and advancing feasibility studies for near-term production at its Greenvale Project in northern Queensland.

Peregrine Gold Limited has expanded its Rocklea Gold Project footprint in Western Australia's Pilbara region through the acquisition of a promising new tenement application, setting the stage for intensified exploration in 2026.

Capella Minerals has commenced its first diamond drilling program at the Killerö gold-copper project in northern Finland, marking a significant step forward in Cullen Resources’ Northern Finland joint venture. The initial drilling aims to test high-potential anomalies within the Central Lapland Greenstone Belt.

Winsome Resources Limited’s shares have been suspended from ASX trading following the company’s failure to respond to a critical price query within the requested timeframe. The suspension will remain until compliance issues are resolved.

Canadian Phosphate Limited has raised A$2 million to advance its sedimentary phosphate projects in Canada, targeting fertilizer and battery material markets with new drilling and technology partnerships.

Magnum Mining has entered a binding agreement to acquire the Wet Mountains Rare Earth Element Project in Colorado, featuring exceptional historic surface assays up to 7.99% total rare earth elements. The acquisition marks a strategic step into the US critical minerals sector with significant exploration upside.

Nelson Resources has secured rights to earn up to 90% of the Gold Point Project in Nevada’s Walker Lane, consolidating a historic high-grade gold-silver district for the first time in over 140 years. Backed by a $3.25 million capital raise, the company plans an aggressive 2026 exploration campaign targeting significant value creation.

Kingsland Minerals has initiated a Pre-feasibility Study for its Leliyn Graphite Project, partnering with Quinbrook to test graphite concentrate for battery anode applications. This marks a significant step toward developing a world-scale graphite operation in the Northern Territory.

Robex Resources and Predictive Discovery have amended their merger agreement, increasing the exchange ratio and reshaping ownership stakes, while postponing the shareholder vote to December 30, 2025. The deal aims to create a leading West African gold producer with significant growth potential.