Latest Resources News

Adavale Resources has appointed industry veteran David Ward as Managing Director to spearhead exploration and drilling at its flagship Parkes Gold-Copper Project, aiming to unlock significant value in one of Australia’s richest mineral provinces.

Fortuna Metals has acquired two exploration licences in Malawi’s emerging rutile province, completed initial drilling programs, and appointed Tom Langley as CEO, positioning itself alongside a world-class deposit. The company also raised $2.1 million to fund ongoing exploration.

Krakatoa Resources has agreed to sell its non-core Belgravia Project in New South Wales for $350,000, redirecting capital to advance its strategic Zopkhito Antimony-Gold Project in Georgia, a critical minerals asset positioned to serve European markets.

Minbos Resources advances its Cabinda phosphate fertilizer project with key funding restructures, minority shareholder buyouts, and the start of early mining operations. Strategic partnerships and construction milestones position the company for growth despite funding delays.

WhiteHawk Limited has secured a significant strategic investment from Assetora AI & Cyber FUND I, positioning the fund as a top 10 shareholder and opening new avenues for collaboration in AI and cybersecurity.

Cosmo Metals has initiated its first-ever drilling campaign at the Spring Creek prospect within the Bingara Project, aiming to unlock the potential of previously identified high-grade gold mineralisation. This program marks a pivotal step in exploring the largely underexplored gold-antimony-copper corridor in New South Wales.

Somerset Minerals reports promising high-grade copper intercepts at its Coppermine Project in Canada, with ongoing drilling and regional surveys set to unlock further potential.

Albion Resources has identified a new high-grade gold corridor at its North Ives prospect within the Yandal West Project, Western Australia, with rock chip samples returning up to 42.1 g/t gold. Supported by geophysical and geochemical data, the undrilled area is poised for drilling following fast-tracked heritage clearance.

Cannindah Resources has defined a significant near-surface copper-molybdenum exploration target at its Mt Cannindah Project, hinting at a potentially larger porphyry system beneath. Upcoming drilling aims to unlock this project's transformative potential.

Ragnar Metals has secured an exclusive option to acquire up to 75% of the Harnäs Gold Project in Sweden, a historically productive site with promising high-grade gold mineralisation. The company plans immediate exploration activities to unlock further value.

Lefroy Exploration has advanced its Lucky Strike Gold Deposit through robust drilling results and a $1.25 million cash advance from partner BML Ventures, positioning the company for imminent mining and further exploration.

Tungsten Mining NL has identified new gold exploration targets at Mt Mulgine, complementing its significant tungsten resource and expanding the project's potential. These targets, alongside recent resource estimates, could reshape the development strategy for this Western Australian asset.