Latest Resources News

West Wits Mining has issued over 100 million unlisted options to Absa Bank to settle loan fees, reflecting a deepening partnership and shared confidence in the Qala Shallows gold project.

Ballymore Resources has kicked off drilling at the Torpy’s Crooked Creek silver-lead-zinc mine near Chillagoe, targeting extensions of a historically rich deposit with promising modern geophysical data.

Aureka Limited has sold its interest in the Tandarra Joint Venture for $1.3 million, settling related court disputes and redirecting funds to advance drilling at its promising Irvine Gold Project.

FMR Resources’ drilling at the Llahuin Project’s Southern Porphyry target has confirmed copper-bearing veining and potassic alteration above the main geophysical anomaly, reinforcing exploration models despite a temporary pause in drilling.

Future Battery Minerals has reported significant high-grade gold assay results from its Phase 2 drilling at the Miriam Project, revealing an expanding multi-lode gold system at Forrest with mineralisation now extending over 500 metres.

Critica Limited has demonstrated a 63% recovery of gallium oxide as a valuable by-product from its vast Jupiter rare earth deposit in Western Australia, integrating seamlessly into its existing beneficiation flowsheet. This milestone enhances the project’s strategic value amid global supply chain tensions.

Western Mines Group advances its Mulga Tank nickel project with a new deep diamond drill hole and an electromagnetic survey, backed by recent capital and government grants.

StepChange Holdings has locked in $11 million in new debt facilities with Westpac, enhancing its financial flexibility to accelerate growth and strategic acquisitions.

Lode Resources has extended the Montezuma Silver & Antimony deposit in Tasmania, revealing high-grade mineralisation over a significant strike and depth. New drilling results show promising grades, supporting ongoing exploration and metallurgical testing.

Far East Gold’s latest drill results at the Sua Prospect in Indonesia reveal spectacular visible gold and high-grade assays, validating historical data and boosting resource potential.

Core Lithium has unveiled an updated mine plan for its Grants deposit at the Finniss Lithium Project, increasing the Ore Reserve by 33% and cutting pre-production capital costs by up to $45 million.

Dart Mining NL has reported impressive high-grade antimony, gold, and silver assays from its first diamond drill hole at the Coonambula project in Central Queensland, confirming historic mineralisation and setting the stage for further exploration.