Latest Resource Definition News

Brightstar Resources reports a 25% production increase at its Second Fortune mine and unveils a promising new lode, while ore haulage begins at its Fish underground operation.

Genesis Minerals delivered record FY25 gold production, exceeding guidance, and completed a transformative A$250 million acquisition of Focus Minerals’ Laverton project, enhancing its ASPIRE 400 growth strategy.

Kula Gold Limited has reported impressive high-grade gold drilling results at its Mt Palmer Gold Mine, completing an 80% JV earn-in, while progressing exploration at Kirup and securing a niobium project approval in Malawi. The company faces a tight cash position but is actively managing funding.

Midas Minerals has validated three significant gold trends spanning 9km at its Challa Project in Western Australia, using innovative detectORE™ pXRF technology. The company plans further infill sampling to define drill targets while advancing exploration preparations for its Otavi Copper Project in Namibia.

High-Tech Metals has obtained crucial mining approvals and formed a joint venture to tap into historic gold stockpiles at its Mt Fisher Project, aiming for early cash flow and resource definition.

Aurum Resources has completed a A$35.6 million strategic placement, bolstering its cash reserves to over A$45 million and enabling accelerated development of its Boundiali and Napié gold projects in Côte d’Ivoire.

Mount Hope Mining is poised to launch its maiden drilling campaign at the Mt Hope Project in NSW, targeting three key prospects with over 3,800 metres of drilling planned to convert exploration targets into JORC-compliant resources.

Miramar Resources has reported promising aircore drilling results and a pioneering SAM geophysical survey at its Gidji JV Gold Project near Kalgoorlie, highlighting multiple new gold mineralisation zones and guiding ongoing drilling efforts.

Trigg Minerals has defined a substantial Exploration Target at its Antimony Canyon Project in Utah, estimating up to 15.6 million tonnes of ore with significant antimony content. The company plans advanced exploration to convert this target into a formal resource.

Beacon Minerals reported solid gold production of 7,365 ounces in the June quarter, maintaining steady operations at its Jaurdi Gold Project while emphasizing a strategy to retain gold bullion as a liquid asset.

Unico Silver Limited has reported a breakthrough drill intercept at its La Negra prospect, significantly extending mineralisation beyond previous estimates and bolstering its PLUS 150 growth strategy.

Verity Resources is set to begin a 3,600m drilling campaign at its Monument Gold Project in Western Australia, aiming to upgrade and expand its existing gold resource. The program targets increasing confidence in the Korong deposit and advancing towards a mining licence.