Latest Resources News

Eclipse Metals is set to launch a diamond drilling program at its Grønnedal Rare Earth Project in Greenland, aiming to expand a substantial rare earth resource. Concurrently, assays reveal promising concentrations of critical minerals rubidium and gallium at Ivigtut, positioning the company strategically within evolving global supply chains.

Sun Silver Limited has confirmed a significant northern extension of mineralisation at its Maverick Springs Project, with drill-hole MR25-212 intercepting 54.1m at 137g/t silver equivalent, including a standout 6.25m at 506g/t AgEq. This reinforces the project's potential for resource growth in one of Nevada's premier silver-gold deposits.

Westgold Resources reports a significant 24% increase in gold Mineral Resources to 16.3 million ounces and a 5% rise in Ore Reserves to 3.5 million ounces, underpinning a decade-long Reserve life with robust milling capacity.

Advance Metals is advancing plans to convert over 100 million ounces of silver-equivalent Foreign Estimates into JORC-compliant resources across three high-grade Mexican projects, following recent acquisitions and drilling programs.

Somerset Minerals has reported further thick, high-grade copper intercepts at its Coppermine Project in Nunavut, Canada, confirming continuous mineralisation over more than 3 km strike at the Jura prospect. Phase-2 exploration is progressing with drilling, geophysical surveys, and regional sampling underway.

Bubalus Resources has identified promising high-grade gold targets at its Wilson’s Hill Project near Bendigo, Victoria, revealing structural similarities to the prolific Bendigo Goldfield and bonanza-grade mineralisation at depth.

Ardea Resources’ subsidiary Kalgoorlie Nickel Pty Ltd has formalised a Heritage Agreement with the Marlinyu Ghoorlie Native Title Claimant Group, paving the way for responsible development of the Goongarrie Hub Project in Western Australia.

CZR Resources has satisfied all conditions precedent for the sale of its Robe Mesa Iron Ore Project, with completion set for 9 September 2025. This milestone marks a significant cash inflow for the company.

NRW Holdings has agreed to acquire Fredon Industries for up to $200 million, significantly broadening its electrical, mechanical, infrastructure, and technology services. The deal is expected to boost NRW’s earnings and open new growth avenues tied to energy transition and digital innovation.

Cauldron Energy has terminated its purchase agreement for river sand leases at Carnarvon and Derby, retaining the Onslow tenements with no further payments required, including cancellation of 2 million shares.

Emperor Energy has initiated a farm-in process to fund the Judith-2 appraisal well, aiming to unlock substantial gas reserves offshore Victoria and address tightening East Coast gas supply.

DY6 Metals has confirmed high-grade saprolite-hosted rutile mineralisation at its Central Rutile Project in Cameroon, with assays revealing grades up to 2.1% rutile over 1m. The findings extend over a 41km strike length, highlighting the project's significant exploration potential.