Latest Resource Expansion News

Black Cat Syndicate has restarted underground drilling at its Paulsens Gold Operation, targeting resource expansion and mine life extension with results expected from March 2025.

GBM Resources has engaged renowned geophysicist David McInnes to reprocess historic data and identify new gold targets, aiming to expand its 1.84 million ounce resource base in Queensland's Drummond Basin.

Caprice Resources reports outstanding Phase 1 drilling results at its Island Gold Project, revealing thick, high-grade gold intersections that signal a promising maiden resource. The company has already commenced Phase 2 drilling to further unlock the project's potential.

FireFly Metals reports outstanding high-grade copper-gold intersections from its aggressive six-rig drilling campaign at the Green Bay Project, aiming to expand and upgrade its mineral resources significantly.

Pivotal Metals has commenced drilling at its flagship Horden Lake project in Quebec, advancing metallurgical testwork and preparing for a resource update, while also progressing exploration at its high-grade BAGB projects.

Verity Resources has initiated a pit optimisation study on its Korong and Waihi gold deposits within the Monument Gold Project, aiming to capitalise on rising gold prices and unlock open-pit mining potential.

Horizon Minerals has commenced processing the first ore from its Phillips Find Gold Project, marking a key milestone in its path to gold production. The joint venture with BML Ventures is progressing well, with mining operations already delivering substantial volumes.

Kalgoorlie Gold Mining has confirmed that its recent Lighthorse drilling results at the Pinjin project are material and justified a trading halt before public disclosure. The company received assay data in January and finalized analysis by early February.

Matsa Resources has reported a standout high-grade gold intercept of 12.98g/t at its Fortitude North project, confirming a second lode structure and reinforcing its exploration model of multiple stacked mineralised lodes.

Octava Minerals has reported promising high-grade antimony intercepts from its recent drilling at the Yallalong project, highlighting potential for further resource expansion along a key structural corridor.

Stellar Resources has reported a significant new high-grade tin intersection at its Queen Hill deposit, potentially expanding the Heemskirk Tin Project’s resource base and boosting production forecasts.

Askari Metals has announced a significant 28% upgrade to the gold resource at its 100%-owned Burracoppin Gold Project in Western Australia, now containing 82,700 ounces of gold. The company highlights strong exploration potential and ongoing investor interest amid record gold prices.