Latest Resources News

Rincon Resources has completed a comprehensive air-core drilling program and a detailed UAV magnetic survey at its Laverton Gold Project, uncovering new geological features that could reshape exploration plans. Assay results are pending, setting the stage for further drilling.

Belararox Limited is set to begin a 3,000-metre drilling program at its Kareng West licence in Botswana’s Kalahari Copperbelt, aiming to unlock new copper-silver discoveries in a highly prospective region.

Somerset Minerals reports exceptional high-grade copper and silver results from surface sampling across its expansive Coppermine Project in Nunavut, Canada, setting the stage for an ambitious Phase-2 exploration campaign.

Tungsten Mining NL’s review of historic drilling at Mt Mulgine confirms significant shallow gold mineralisation, reinforcing its integrated gold-tungsten development approach. The findings highlight near-surface gold potential to offset pre-strip costs and accelerate tungsten extraction.

Rumble Resources has announced a maiden tungsten resource of 13,200 tonnes of WO3 at its Western Queen Project, complementing its existing high-grade gold assets and highlighting significant growth potential.

DY6 Metals has confirmed high-grade titanium dioxide levels in rutile samples from its Central Rutile Project in Cameroon, supporting the calibration of a portable XRF analyser for real-time exploration.

Astral Resources has reported exceptional high-grade gold assay results within the pit shell at its Kamperman deposit, bolstering the Mandilla Pre-Feasibility Study and highlighting growth potential across its Feysville Gold Project.

Ariadne Australia Limited anticipates a near breakeven total comprehensive income for FY25, balancing solid profits with significant portfolio losses and partnership costs.

Wrkr Limited is raising approximately A$15 million through an institutional placement to accelerate growth amid upcoming Payday Super reforms and market opportunities.

Vigorous Resources has secured over 94% of Rey Resources shares and initiated compulsory acquisition, setting the stage for Rey's imminent ASX delisting.

Liontown Resources has raised approximately A$316 million through a combination of institutional and conditional placements, alongside a share purchase plan, to strengthen its balance sheet and support growth at its Kathleen Valley lithium operation.

Magnetite Mines Limited has updated its Razorback Iron Ore Project, revealing a 6.6 billion tonne mineral resource and progressing key strategic partnerships and approvals to support green steelmaking ambitions.