Latest Resources News

Canyon Resources has mobilised its surface miner to the Minim Martap site, targeting first bauxite production in early Q2 2026 and shipment by Q3, fully funded despite a failed equity raise.

Reach Resources has reported high-grade gold assays up to 31 g/t Au from rock chip sampling outside its current resource at Murchison South, highlighting promising targets for resource expansion.

Vertex Minerals has renegotiated a $3 million loan and secured an additional $1.5 million facility to support underground development and gold production at its Reward Gold Mine, aiming to repay from positive cash flow in 2026.

St George Mining reports outstanding assay results from 16 new diamond drill holes at its Araxá Rare Earths and Niobium Project, confirming thick, high-grade mineralisation from surface and reinforcing its status as South America's largest carbonatite-hosted rare earth resource.

Alchemy Resources has agreed to sell its Karonie and Lake Rebecca gold projects to Forrestania Resources for $5 million in shares, while retaining a 1% royalty. This deal marks a strategic refocus on Alchemy’s promising New South Wales assets.

Albright Metals has released a second batch of high-grade gold assay results from its 2025 drilling campaign at the Vail Road Gold Deposit, reinforcing the deposit’s robust mineralisation across multiple zones. These findings pave the way for an updated JORC Mineral Resource Estimate and further mine development studies.

Medallion Metals has confirmed high-grade historical gold mineralisation at the Lounge Lizard deposit within its newly acquired Forrestania Gold Project, setting the stage for a maiden resource estimate targeted for the third quarter of 2026.

Forrestania Resources has struck a $5 million share-based deal to acquire 16 exploration licences in WA’s Eastern Goldfields, including the promising Karonie Gold Project. This move consolidates its regional presence and supports near-term production goals.

Middle Island Resources has identified a significant gold system at its Zabrnjica Prospect within the Priboj Project, Serbia, setting the stage for a planned drilling campaign in 2026. This discovery adds a compelling new dimension to the company’s underexplored Serbian portfolio.

Li-FT Power has satisfied a critical condition precedent in its proposed acquisition of Winsome Resources, advancing the lithium explorer's path to consolidation. The deal hinges now on shareholder and court approvals.

Somerset Minerals has commenced a significant diamond drilling campaign at its Jura prospect within the Coppermine Project, aiming to extend high-grade copper mineralisation and advance exploration across a vast underexplored region in Nunavut, Canada.

Gold Mountain Limited reports robust high-grade rare earth mineralisation at its Capivara Prospect in Brazil, with assay results confirming significant shallow deposits and promising magnet rare earth oxide ratios. The company is advancing towards resource definition drilling and metallurgical testing.