Latest Resources News

3D Energi is gearing up to drill up to six exploration wells in the offshore Otway Basin, targeting a massive 9.2 trillion cubic feet of prospective gas resources. The entry of Korea National Oil Corporation into the joint venture adds strategic weight to this pivotal East Coast energy project.

Rimfire Pacific Mining’s securities remain suspended on the ASX due to a delayed announcement on its proposed capital raising and ongoing arbitration with Golden Plains Resources. The suspension continues until regulatory compliance is restored.

QMines Limited reports promising open pit optimisation results for its newly acquired Mount Mackenzie gold-silver project, reinforcing its strategy to develop a regional processing hub in Queensland.

Mantle Minerals has agreed to sell its Mt Roe subsidiary to Northern Star Resources for $13.5 million, freeing up capital to accelerate exploration at its key Yule River and Pardoo projects while pursuing new opportunities.

Bryah Resources has raised $170,000 through a discounted private placement to fund critical environmental and mining studies at its Golden Pike project, underpinning its ongoing exploration ambitions.

Green Critical Minerals has commissioned its first VHD Graphite production module and secured $7 million to drive commercialisation, while its McIntosh Project delivers robust economic metrics.

Strickland Metals reports strong assay results from recent drilling at its Gradina deposit in Serbia, reinforcing the project's potential ahead of a maiden Mineral Resource Estimate later this year.

Iceni Gold’s initial diamond drilling at the Guyer Trend within its 14 Mile Well Project reveals multiple high-grade gold intersections, reinforcing the potential of this concealed gold system and setting the stage for a major follow-up drilling campaign.

Kali Metals has identified a new high-grade gold prospect at its Marble Bar Project, extending the strike length of gold mineralisation to approximately 3km and preparing for its inaugural drilling program.

Strata Minerals Limited is set to recommence diamond drilling at its Penny South Gold Project in Western Australia, aiming to build on promising initial results. The program, co-funded by the WA government, marks a critical step in advancing exploration with new structural insights expected.

Noronex Limited has contracted a substantial 7,000m Reverse Circulation drilling program at its Humpback Copper Project in Namibia, backed by South32’s earn-in funding. This move aims to unlock new large-scale copper discoveries on promising domal structures within the Kalahari Copper Belt.

Bryah Resources has formalised its acquisition of the Golden Pike high-grade gold and antimony project in New Brunswick, marking a strategic expansion into a promising Canadian mining jurisdiction.