Latest Us Defense Industry News

Resolution Minerals has turned Horse Heaven into the centre of its strategy, pairing broad gold drilling with high-grade antimony and tungsten test work. The expansion came with a sharply higher A$53.3 million FY2026 loss and a disclosed dependence on future funding.

Southern Cross Gold has updated its Sunday Creek project’s Exploration Target to between 3.0 and 4.6 million ounces gold equivalent, supported by ongoing drilling and promising metallurgical results.

Godolphin Resources has unveiled a significant polymetallic sulphide discovery at Cousin Jack within its Lewis Ponds Project, alongside progressing an IPO to spin out its Narraburra Rare Earths asset into Matrix Critical Minerals.

Battery Age Minerals has identified multiple priority exploration targets at its Apex Project in Utah, submitted new drilling permits for Austria’s Bleiberg site, finalised a commercial germanium technology licence, and gained entry to a US defense consortium, underpinning its integrated germanium strategy.

Southern Cross Gold’s latest drill results from Sunday Creek reveal a 481-metre continuous gold zone connecting the Christina prospect to Golden Dyke and extending into Rising Sun, including multiple high-grade hits up to 496 g/t gold.

Victory Metals has delivered a major processing breakthrough with a 59-fold upgrade to a 7.1% Total Rare Earth Oxide concentrate from its North Stanmore project, backed by strategic partnerships and government funding.

Resolution Minerals has secured membership in the US Defense Industrial Base Consortium, opening doors to funding and collaboration that could accelerate its critical minerals projects in Idaho.

Southern Cross Gold has reported standout drill results from its Sunday Creek project, including a 36.6m intercept at 6.5 g/t AuEq and assays up to 493 g/t gold, while expanding mineralization eastward and near surface. The company’s aggressive 200,000m drilling campaign continues to chart new territory in this critical metals-rich system.

Anson Resources' scoping study for its Green River Lithium Project in Utah reveals first quartile operating costs and a clear development pathway targeting 10,000 tonnes per annum lithium carbonate production by 2029.

American Tungsten & Antimony Ltd (ASX: AT4) has raised A$10 million through a strongly supported placement and secured a 40% Utah state tax credit, underpinning its strategy to develop a domestic US supply chain for tungsten and antimony ahead of a planned Nasdaq listing.

Bayan Mining and US Critical Materials have signed a non-binding MoU to develop rare-earth processing technologies licensed from the Colorado School of Mines, targeting high-grade mineralisation at the Sheep Creek Project in Montana. The collaboration aims to support a US-based rare earth supply chain with potential strategic investment on the horizon.

Titomic Limited is set to shift its corporate domicile from Australia to the United States through a scheme of arrangement, aiming to deepen its US defense market presence and access broader capital pools while maintaining its ASX listing.