Latest Resources News

Power Minerals has landed a A$1.7 million investment from a prominent international resources fund, reinforcing its financial firepower to push ahead with diamond drilling and metallurgy work at the Morro do Ferro Rare Earths Project in Brazil.

TechGen Metals has secured A$2.7 million through an oversubscribed placement to fast-track maiden drilling at its flagship Blue Devil copper-gold project in WA, alongside advancing exploration at Dalgaranga and John Bull gold assets.

Matsa Resources has received the last $1.65 million option instalment from AngloGold Ashanti, bringing total payments to $9.5 million under their Lake Carey project agreement. AngloGold Ashanti must decide by December whether to exercise the $101 million option.

Red Metal’s large-scale column leach tests confirm high rare earth recoveries from coarsely crushed Sybella ores using weak sulphuric acid, underpinning a low-cost heap leach development pathway.

CuFe Limited has dramatically increased the confidence in its Gecko Copper-Gold Deposit at Tennant Creek, raising the Indicated resource category from 4% to 66%, enabling more robust economic evaluation and mine planning.

KGL Resources has received the initial US$16 million tranche from a US$300 million precious metals streaming deal with Wheaton, marking a key funding milestone for the Jervois Copper Project development in Australia’s Northern Territory.

WIN Metals has taken a strategic step to progress its Radio Gold Project by securing a six-month option to acquire a modular gravity processing plant from Tungsten Mining, aligning with its plan for onsite gold processing at 120,000 tonnes per annum.

Nimy Resources has uncovered a second significant gold anomaly at its Mons Project in Western Australia, expanding the prospective gold corridor to around 16 kilometres and setting the stage for a maiden drill campaign in the coming quarter.

Kuniko Limited has verified gold-silver-base metal mineralisation at the historic Walls and Stringers prospects, less than 1km from its Commonwealth-Silica Hill Project, with assays up to 4.7 g/t AuEq and geophysical data supporting a large intrusive system.

Taruga Minerals has pinpointed seven high priority exploration targets at its Kol Mountain Project in Papua New Guinea, launching its first active field program focused on a large undrilled copper-gold porphyry anomaly and high-grade gold shear zone.

Asara Resources has delivered strong assay results from its ongoing drilling at the Massan deposit, underpinning plans to upgrade and expand its gold resource at the Kada Project in Guinea.

Alice Queen Limited has contracted a versatile drilling rig to kickstart a multi-phase exploration program at its Horn Island Gold Project, with operations set to begin mid to late July 2026.