Latest Resources News

Desert Metals Limited has raised $1 million through a placement at a 2.9% premium, backing exploration at its Scotty Lithium and Monger Gold projects alongside new growth opportunities.

Challenger Gold has poured its first gold bar from the Hualilán project in Argentina, initiating a production ramp-up under a toll milling agreement that secures processing capacity for three years.

Pacific Resources (ASX: PXR) has advanced its acquisition of the Snowstorm Gold Project in Victoria’s Eastern Goldfields by paying $160,000 to acquire a 50% stake in Mines of Stirling, the project’s owner. Completion of the acquisition, including full ownership, is expected by mid-July.

Akora Resources has pushed back the deadline for its $1.7 million entitlement offer to 19 June 2026, responding to shareholder feedback and ensuring broader participation.

Imagion Biosystems has secured FDA clearance to proceed with its Phase 1b/2 trial of the MagSense® HER2 Imaging Agent, targeting improved detection of HER2+ breast cancer. Patient recruitment is expected to start in Q3 2026, marking a crucial step toward commercialisation.

Tali Resources has kicked off an extensive aircore drilling program targeting 10 high-potential prospects at its West Arunta Project, aiming to unlock significant mineral deposits with results expected by July.

True North Copper (ASX:TNC) has unveiled promising assay results from its 2026 reverse circulation drilling at the Great Australia Mine, highlighting new shallow copper-gold intersections that could expand its Cloncurry Copper Project resource base and enhance mine planning options.

Legacy Minerals has locked in a farm-in deal with Aurelia Metals for its Cobar Project, allowing Aurelia to earn up to 90% by funding exploration. This partnership leverages Aurelia's established Cobar Basin operations while Legacy focuses on its flagship Mt Carrington project.

White Cliff Minerals has extended its Danvers copper mineralisation footprint to over 1.8km strike, revealing multiple thick, high-grade zones including bornite-rich sulphides along new fault contacts.

Yugo Metals has secured a $5 million oversubscribed placement to ramp up drilling across its gold, nickel-cobalt, and base metals projects in the Balkans, positioning the company for significant exploration milestones over the next 18 months.

St George Mining has restructured its Lithium Star joint venture, with battery giant Amperex Technology Limited exchanging its 10% JV stake for a 12.5 million shareholding in St George at a 36% premium. This move consolidates lithium exploration under St George while giving ATL exposure to the Araxá niobium-rare earths project and offtake rights on future lithium production.

Carnaby Resources has uncovered a significant new shallow mineralised shoot, the Miniboom Lode, at its Mount Hope Central site within the Greater Duchess Project, delivering a standout 232m at 1.3% copper equivalent from surface.