Latest Resources News

North Stawell Minerals has launched its 2025 diamond drilling program targeting significant gold mineralisation at the Wildwood and Darlington prospects in Victoria, backed by a recent $1.3 million capital raise.

Premier1 Lithium Limited has reported multiple high-grade gold assay results from its Yalgoo Project, revealing significant new mineralisation zones and setting the stage for a targeted drilling campaign in early 2025.

Ora Banda Mining reports a robust December quarter, boosting cash reserves to $57.8 million and advancing underground operations at Riverina and Sand King towards a 150koz production target in FY26.

Meeka Metals reports continued high-grade gold intersections at its Turnberry site within the Murchison Gold Project, reinforcing strong production prospects as mining is set to begin in March 2025.

Warriedar Resources has reported a significant leap in antimony concentrate grade from its Ricciardo deposit, achieving 49% Sb with over 80% recovery. The company is progressing towards a maiden antimony Mineral Resource Estimate expected by late Q1 2025.

Kingsland Minerals has reported robust infill drilling outcomes at its Leliyn Graphite Project, setting the stage for an upgrade to Indicated Mineral Resources and a forthcoming Scoping Study. The recent strategic investment by Quinbrook Infrastructure Partners bolsters the project's development trajectory, particularly for downstream processing.

Genesis Minerals Limited reported a record December quarter gold production of 57,055oz, driven by an accelerated Laverton mill restart and strong operational execution. The company’s cash reserves surged 34% to A$238 million, underpinning its debt-free growth strategy.

Basin Energy has completed its acquisition of a promising uranium and green energy metals portfolio in Scandinavia, marking a significant expansion into a historically overlooked region. The move positions the company to leverage emerging opportunities in the Nordic green energy sector.

Victory Metals Limited has announced a major upgrade to its North Stanmore Heavy Rare Earth Elements Project, with 71% of the resource now classified as Indicated and total tonnage rising to 247.5 million tonnes at 520 ppm TREO. This positions North Stanmore as a globally significant heavy rare earth clay deposit with promising scandium potential.

Magnetic Resources has significantly increased the gold resource estimate at its Lady Julie Gold Project to 1.75 million ounces, advancing plans for concurrent underground mining and an expanded processing plant.

BPM Minerals reports significant progress at its Claw Gold Project, completing a third drilling phase and preparing for expanded exploration across new tenements. The company maintains a strong cash position to support its growth ambitions.

MLG Oz Limited has locked in contracts worth over $45 million annually with Northern Star Resources, extending a partnership spanning more than 10 years across key Western Australian gold operations.