Latest Resources News

Eclipse Metals has successfully raised $2 million through an oversubscribed placement at market price, aiming to accelerate exploration and environmental work at its Grønnedal rare earth project in Greenland.

S2 Resources has raised A$3.5 million through a placement and share purchase plan to fund exploration across multiple Australian gold and base metal projects. The capital injection aims to maintain momentum while balancing shareholder interests.

Blue Star Helium has wrapped up its 2025 Galactica drilling campaign with strong results from six wells, setting the stage for commercial helium production in the second half of 2025.

Cygnus Metals has reported impressive high-grade assay results from its Golden Eye prospect in Quebec, confirming multiple mineralised zones and setting the stage for an initial resource estimate.

Strategic Energy Resources has sold its South Cobar Project to Australian Gold & Copper for $400,000 cash plus a capped production royalty, maintaining exposure while funding new exploration.

Renegade Exploration Limited reports impressive high-grade gold rock chip results from its newly acquired Caisson Project in Nevada’s Walker Lane Trend, highlighting strong exploration potential.

GTI Energy’s recent scoping study highlights promising economics for its Lo Herma uranium project in Wyoming, prompting plans for expanded drilling in 2025 to upgrade and grow its resource base.

Golden Horse Minerals has reported exceptional deep drilling results at its Hopes Hill project, revealing a significant high-grade gold intercept well below the historic pit floor and confirming a large mineralised system. Plans are underway to accelerate drilling and expand exploration efforts.

Coronado Global Resources has strengthened its financial position with a $150 million liquidity injection and a pivotal five-year coal supply agreement with Stanwell Corporation, reshaping its export potential from 2027.

Sarama Resources has delineated extensive gold-in-soil anomalies spanning approximately 45km at its Cosmo Gold Project in Western Australia, marking a promising start to systematic exploration in the Laverton Gold District.

Sunshine Metals has reported further shallow, high-grade gold intersections at its Liontown prospect, advancing plans for a resource upgrade and mining studies. The latest drilling results reinforce the company’s strategy to rapidly develop oxide gold resources near surface.

Argenica Therapeutics faces a clinical hold from the US FDA on its stroke drug trial application, though its Australian Phase 2 study remains unaffected and on track.