Latest Resource Expansion News

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Tesoro Gold has reported significant new gold mineralisation outside the current Ternera deposit boundary at its El Zorro project in Chile, reinforcing prospects for resource expansion. Ongoing drilling continues to delineate promising zones that could boost the upcoming Mineral Resource Estimate.
Maxwell Dee
Maxwell Dee
29 May 2025
Meeka Metals reports strong drilling results at Turnberry Central, extending the Stage 1 oxide open pit by up to 200 metres south and suggesting a significant boost to gold reserves and production plans.
Maxwell Dee
Maxwell Dee
29 May 2025
Critica Limited has initiated bulk metallurgical testwork on a 400 kg sample from its Jupiter Deposit, aiming to refine rare earth element beneficiation and explore by-product opportunities. The project holds over 280,000 tonnes of heavy rare earth elements and faces new geopolitical dynamics following China’s export restrictions.
Maxwell Dee
Maxwell Dee
28 May 2025
Warriedar Resources has raised A$17 million through a placement to fast-track drilling and development at its Ricciardo deposit, home to Australia’s largest open-pit antimony resource and over 1 million ounces of gold. A Share Purchase Plan will follow, targeting an additional A$2 million.
Maxwell Dee
Maxwell Dee
28 May 2025
Andean Silver Limited has expanded its Cerro Bayo project in Chile with the discovery of a new 1.2km mineralised vein system, featuring exceptionally high-grade silver and gold assays. This breakthrough significantly extends the known Droughtmaster Corridor and sets the stage for upcoming drilling results.
Maxwell Dee
Maxwell Dee
28 May 2025
New Frontier Minerals accelerates its NWQ Copper Project development by sending bulk samples to Austral Resources’ Mt Kelly plant, formalizing a key processing partnership that could fast-track copper output.
Maxwell Dee
Maxwell Dee
27 May 2025
Xanadu Mines Limited has received a conditional off-market takeover offer from Bastion Mining Pte Ltd at A$0.08 per share, representing a significant premium. The company’s independent Takeover Committee unanimously recommends acceptance, supported by an independent expert’s fair and reasonable valuation.
Maxwell Dee
Maxwell Dee
27 May 2025
American West Metals has successfully raised A$5.9 million as part of a broader A$14.4 million funding package to advance its Storm Copper Project in Canada, aiming to fast-track exploration and development activities.
Maxwell Dee
Maxwell Dee
27 May 2025
Godolphin Resources has revealed promising high-grade gold and copper assays from two new prospects outside its established Lewis Ponds resource, signaling significant potential for resource expansion.
Maxwell Dee
Maxwell Dee
27 May 2025
New Age Exploration has revealed multiple high-grade gold intercepts from its maiden drilling at the Wagyu Gold Project in Western Australia, confirming a broad and open supergene mineralisation system.
Maxwell Dee
Maxwell Dee
26 May 2025
Medallion Metals has reported outstanding drilling results from its Kundip Mining Centre, reinforcing confidence in its resource base and growth potential. The company is also advancing exclusive talks to acquire the Forrestania Nickel Operation, a key step in its sulphide development strategy.
Maxwell Dee
Maxwell Dee
26 May 2025
McLaren Minerals has completed its Phase 1 drilling program at the McLaren Titanium Project, revealing significant extensions to its mineral sands resource and setting the stage for future growth.
Maxwell Dee
Maxwell Dee
26 May 2025