Latest Resources News

Magnetic Resources NL reports significant thick, high-grade gold intersections at its Lady Julie North 4 deposit, boosting the Laverton Project resource to 2.14 million ounces. New drilling reveals a rapidly expanding fourth high-grade core zone with strong underground potential.

Bubalus Resources reports significant high-grade gallium, manganese, and cobalt assays from its Amadeus Project, while preparations for maiden drilling at Nolan’s East advance with key approvals secured.

Duketon Mining’s second drill program at the Killarney Gold Project confirms continuous gold mineralisation across multiple holes, revealing a structurally complex and nuggety system. PhotonAssay analysis is underway to refine understanding of gold distribution.

Forrestania Resources Limited has initiated an all-scrip off-market takeover offer for Kula Gold Limited, aiming to consolidate gold exploration assets across Western Australia. The offer, valued up to $58.7 million, comes with unanimous backing from Kula's board.

Forrestania Resources has updated the opening date of its Share Purchase Plan to 9 December 2025, aligning it with key corporate events and offering shareholders a chance to buy shares at $0.175 each alongside new option incentives.

Venus Metals Corporation has acknowledged an on-market takeover bid from QGold at $0.17 per share, matching the last closing price. The Venus Board advises shareholders to take no immediate action as they assess the offer’s value against the company’s substantial asset base.

Euroz Hartleys Group Limited reported a robust FY2025 with an 87.7% jump in net profit and a strong start to FY2026, driven by increased brokerage and capital markets activity.

Rox Resources (ASX – RXL) has delivered a comprehensive update on its Youanmi Gold Project, highlighting a compelling Definitive Feasibility Study and significant funding progress that set the stage for production in 2026.

Venari Minerals has reported strong lithium assay results from its October drilling campaign at the Red Mountain Project in Nevada, completing the central zone dataset ahead of a maiden Mineral Resource Estimate expected next month.

Skylark Minerals has acquired a high-grade gold portfolio in Côte d'Ivoire, including a flagship project with a 364,600-ounce inferred resource, marking a significant step in its West African growth strategy. The company is fully funded to accelerate exploration in early 2026, targeting resource expansion and new discoveries.

Genmin Limited has successfully completed the first tranche of its capital raising, issuing over 131 million shares to fund its flagship Baniaka iron ore project in Gabon, targeting production by late 2026.

Magnetite Mines has cleared a crucial regulatory hurdle as its Razorback Iron Ore Project’s Mining Lease Proposal passes the South Australian Government’s validity assessment, paving the way for detailed technical review and public consultation.