Latest Resources News

Arcadia Minerals announces key leadership departures and a strategic pivot towards gold and critical minerals acquisitions, alongside planned drilling at its promising TVC Project in Namibia.

Ariana Resources has inked a strategic term sheet with Hongkong Xinhai Mining Services Ltd., unlocking A$8 million in immediate funding and technical support to fast-track the Dokwe Gold Project in Zimbabwe.

Snow Lake Resources has secured a crucial no objection from Australia’s Foreign Investment Review Board for its proposed acquisition of Global Uranium and Enrichment Limited, paving the way for the transaction’s next steps. The independent GUE board unanimously recommends shareholders back the scheme, pending expert endorsement.

Cosmo Metals has confirmed shallow, high-grade gold mineralisation at its Spring Creek prospect in NSW through initial results from its maiden 2025 drilling program. The findings validate historical data and set the stage for expanded exploration along a significant regional gold trend.

Lefroy Exploration has commenced reverse circulation drilling at its Burns Gold Deposit, aiming to extend a high-grade gold corridor with assay results expected early next year.

Everest Metals has kicked off an extensive 7,000-metre aircore drilling campaign at its Revere Gold Project in Western Australia, targeting two key mineralised zones ahead of a maiden resource estimate expected in 2026.

US1 Critical Minerals has launched Federal Court proceedings against Apex USA Resources over disputed Rare Earth Elements tenements in California, seeking to secure ownership and prevent disposal amid escalating tensions.

Empire Resources has reported promising high-grade gold and copper anomalies from recent rock chip and soil sampling at its Yuinmery Copper-Gold Project, setting the stage for targeted drilling in 2026.

Canyon Resources confirms steady progress on its Minim Martap Bauxite Project in Cameroon, with mining set to start in early 2026 and the first bauxite shipment planned for June. Key infrastructure and equipment deliveries remain on schedule amid ongoing equity funding efforts.

Felix Gold Limited has successfully raised $18 million through a placement to fund exploration and advance near-term military-grade antimony production in Alaska. The capital injection positions the company to capitalize on strategic supply opportunities amid global market shifts.

Koba Resources has completed a $4.35 million placement of 87 million shares at 5 cents each, accompanied by 43.5 million free attaching options exercisable at 8 cents until mid-2028, following shareholder approval.

Eastern Gas Corporation Limited, a Pure One subsidiary, has lodged a prospectus to raise $5.5 million to advance exploration and development of its Queensland gas assets, aiming for a standalone ASX listing.