Latest Resources News

Antares Metals has revealed a significant new copper discovery named ‘Marvel’ near its Surprise Copper Mine in Queensland, potentially doubling the project’s mineralised footprint. The company prepares for a third drilling phase to further explore this promising target.

Alchemy Resources has acquired the remaining 50% stake in the Bryah Iron Ore Project, consolidating full ownership and advancing plans for maiden drilling after confirming high-grade iron ore outcrops.

Solstice Minerals has reported compelling new gold intercepts from its Phase II drilling at the Bluetooth Gold Prospect, reinforcing the site's commercial potential and setting the stage for further exploration in Western Australia's Yarri Project.

Leeuwin Metals has launched a 3,000m Phase 2 drilling campaign at its Marda Gold Project, aiming to build on promising high-grade gold intercepts from Phase 1. Regional geophysics will also probe for further mineralisation extensions.

Raiden Resources is expanding its Phase 2 drilling at the Vuzel Gold Project in Bulgaria, doubling the planned meters after every hole has revealed near-surface gold mineralisation. This move aims to better define the system and push towards a maiden resource.

Perpetual Resources is set to commence its first-ever drilling campaign at the Igrejinha Lithium Project in Brazil’s Lithium Valley, targeting high-grade spodumene pegmatites with results expected in July.

Barton Gold Holdings has completed a $3 million premium placement to fund critical drilling programs at its Tunkillia and Tolmer projects, aiming to upgrade resources and advance exploration of high-grade silver and gold zones.

Alvo Minerals has updated its entitlement offer to include free attaching options, aiming to raise $1.56 million to fund exploration and working capital. The offer targets eligible shareholders with a $0.02 share price and options exercisable at $0.05 over three years.

ioneer Ltd has dramatically expanded its Rhyolite Ridge lithium-boron project reserves, underpinning a 95-year mine life and confirming robust economics supported by a US$996 million U.S. Department of Energy loan.

Babylon Pump & Power Limited (ASX – BPP) announces transformational acquisitions of Blue Hire and Matrix Hydro Services, significantly expanding its equipment rental and water management capabilities. The company is funding this growth through a $3.5 million entitlement offer and a $21.2 million debt facility, targeting a doubling of EBITDA by FY26.

Babylon Pump & Power is set to acquire Blue Hire, expanding its rental fleet and market reach in Western Australia, while extending its retail entitlement offer deadline to June 13.

Cannindah Resources has confirmed two untested porphyry copper-gold-molybdenum targets outside its existing 14.5Mt Mineral Resource at Mt Cannindah, revealing promising high-grade surface samples and setting the stage for deeper drilling.