Latest Resources News

Rincon Resources has agreed to sell its Laverton assets to Galleon Metals, receiving shares in return, while preparing to sell or joint venture its West Arunta project as it concentrates on its Telfer South and Crackerbox projects.

Great Southern Mining has commenced co-funded diamond drilling at two promising Western Australian targets, aiming to unlock platinum group elements and high-grade gold mineralisation.

Horizon Oil has launched an off-market takeover offer for Cue Energy Resources, proposing a mix of cash and shares. Cue’s Independent Board Committee is now carefully evaluating the proposal before advising shareholders.

Brightstar Resources has completed a US$120 million senior secured bond issue, complementing a recent A$193 million equity raise, to fully fund its Goldfields Project and advance the Sandstone Project towards final investment decision.

Complii FinTech Solutions has locked in $2 million through a convertible note raising to fund key platform upgrades and strategic expansions across its business units.

Wia Gold’s latest drilling results at the Kokoseb Gold Project in Namibia reveal significant high-grade gold mineralisation extending well beyond the current open-pit resource, boosting underground mining prospects.

Kairos Minerals has delivered strong final drill results from its Mt York Gold Project, underpinning an updated resource estimate and an ambitious drilling program planned for 2026.

Caprice Resources has identified four promising new gold targets south of its Vadrians deposit at the Island Gold Project, following initial air core drilling results. These findings pave the way for deeper drilling and potential resource expansion.

CZR Resources has confirmed extensive shallow gold mineralisation with high-grade shoots at its Top Camp deposit in the Pilbara, setting the stage for renewed drilling activity backed by a strong cash position.

MRG Metals has confirmed significant rare earth and critical mineral concentrations in shallow alluvial deposits at its Adriano Project in Mozambique, highlighting promising district-scale potential and a low-cost development pathway.

AusQuest Limited reports strong assay results from its Cangallo project in Peru, revealing a large, continuous copper-gold mineralised system with promising high-grade intervals and plans for extensive follow-up drilling.

Riedel Resources has reported impressive high-grade gold and silver assay results from its diamond drilling at the Tintic deposit in Arizona, reinforcing the potential of the Kingman Gold Project. These findings pave the way for expanded exploration and metallurgical testing.