Latest Resource Management News

Yandal Resources reports encouraging RC drilling results at its Arrakis Prospect within the Caladan target area, confirming mineralisation continuity and multiple structures. A large-scale 12,500m air-core drilling program is set to commence in May 2025, targeting an 8km by 3km fold structure with geological parallels to major gold districts.

Equinox Resources' Managing Director Zac Komur presented a detailed update on the Alturas Antimony Project, highlighting exceptional exploration results and strategic progress in British Columbia.

Patronus Resources has upgraded its Mertondale Gold Project resource estimate, increasing contained gold ounces to 480,000oz alongside an 18% rise in grade, setting the stage for a June 2025 scoping study.

China’s new export restrictions on molybdenum have shifted global supply dynamics, positioning EV Resources’ Parag copper-molybdenum project in Peru as a strategic alternative supplier to the USA and Americas. With strong drilling results confirming high-grade molybdenum by-product, EV Resources is advancing plans amid growing demand.

Kingsgate Consolidated Limited celebrates a key production milestone at its Chatree Gold Mine with the 100th gold pour since March 2023, alongside rising head grades and ore volumes exceeding forecasts.

Echelon Resources has extended the condition precedent date for its Gas Supply Agreement with Arafura Rare Earths to 31 March 2025, signaling a cautious but steady approach to project timelines.

Cosmos Exploration has taken a major step into the global lithium market by signing an exclusive option agreement to acquire EAU Lithium Pty Ltd, unlocking access to Bolivia’s vast lithium resources and pioneering advanced extraction technology.

Native Mineral Resources Holdings Limited reported a net cash outflow for the December quarter, offset by a $4.1 million entitlement offer and additional funding commitments to sustain exploration activities.

Latin Resources Limited has completed the demerger of its non-core mineral exploration assets into ESG Minerals Limited, distributing shares to eligible shareholders and refocusing its portfolio.

Veris Limited has announced the acquisition of Melbourne-based Spatial Vision for up to $3 million, significantly expanding its digital and spatial service capabilities. The deal is expected to be earnings accretive from FY26 and deepen Veris' government sector reach.

Tivan Limited has advanced its Speewah Fluorite Project with a $7.4 million government grant and Major Project Status, alongside a joint venture MoU with Sumitomo Corporation and promising drilling results at Sandover.

Wrkr Ltd reports strong commercial progress and strategic hires in Q2 FY25, positioning itself for growth with key platform enhancements and pilot completions ahead of Payday Super implementation.