Latest Resources News

Castle Minerals is launching a major auger drilling campaign at its Kandia Gold Prospect in northern Ghana, aiming to extend known gold zones and test new targets identified through advanced aeromagnetic surveys. Positive results could fast-track follow-up drilling and bolster the company’s exploration momentum in a highly prospective region.

Westgold Resources projects a rise in gold production to 345-385koz in FY26, backed by significant capital investment and operational improvements aimed at boosting free cash flow.

Western Gold Resources has appointed VM Drilling to execute a major 35,300-metre grade control and infill drilling campaign at its Gold Duke Project, aiming to fast-track production readiness and enhance resource confidence.

Black Canyon Limited reports compelling assay results from its Wandanya manganese discovery, confirming shallow, thick, and high-grade mineralisation over a 2km strike. The company plans to launch Phase 3 drilling to further define this promising resource.

Lindian Resources has secured a decisive legal victory in Malawi, with the High Court dismissing claims by Deep Blue Sea Limited and awarding costs to Lindian. This outcome clears the path for Lindian to focus fully on advancing its Kangankunde Rare Earths Project.

Lowell Resources Fund (ASX – LRT) has announced a 12-month on-market unit buy-back of up to 10% of its units, aiming to boost unitholder returns and capital efficiency without compromising future growth.

Forrestania Resources has expanded its exploration footprint near Coolgardie by acquiring three new mineral license applications, enhancing its position around the Ada Ann gold project. The company is advancing its maiden Mineral Resource Estimate amid promising geological prospects.

Far Northern Resources has updated its Inferred Mineral Resource Estimate for the Ios Gold Project, reporting 24,100 ounces of gold at 1.49 g/t grade. This strengthens its foothold in the Northern Territory’s Pine Creek Goldfields and sets the stage for further resource growth.

Manhattan Corporation has successfully raised $2.2 million to fund exploration activities at its Hook Lake Project, initiating fieldwork and commissioning an airborne magnetics survey to unlock new gold and polymetallic targets.

WestStar Industrial’s subsidiary SIMPEC has landed a significant $11 million contract to expand Tianqi Lithium’s Kwinana hydroxide processing facility, reinforcing its role in Australia’s energy transition.

Resolution Minerals has received a non-binding $225 million offer from NASDAQ-listed Snow Lake Resources for its Horse Heaven Project in Idaho, signaling potential major shifts for the company’s US operations.

Argent Minerals is fast-tracking its Kempfield Polymetallic Project in NSW, launching diamond drilling and metallurgical testwork to explore early production options and support a scoping study.