Latest Resource Updates News

Prospect Resources reports significant progress at its Mumbezhi Copper Project, with Phase 2 drilling nearing completion and metallurgical tests confirming robust processing potential. Updated resource estimates are expected by late Q4 2025.

Finder Energy’s reprocessing of 2025 seismic data reveals substantial increases in reservoir volumes at its Krill and Squilla fields, setting the stage for updated resource estimates and potential new development hubs.

Chilwa Minerals has successfully raised A$8.125 million through a private placement anchored by the Mota family office, aiming to fast-track its critical minerals project in Malawi.

Rox Resources has secured final underground mining permits for its Youanmi Gold Project, setting the stage for immediate mining activities with Byrnecut Australia mobilising this month. Processing plant approvals and infrastructure developments are progressing, aiming for production in early 2026.

Torque Metals reports breakthrough drilling results at its Paris Gold Project, extending high-grade gold mineralisation beyond existing resources and maintaining strong financial footing for ongoing exploration.

Greatland Resources has kicked off FY26 with a drilling program at Telfer that has already surpassed targets, revealing a promising new high-grade zone underground and advancing multiple resource extensions.

Gorilla Gold Mines Ltd has raised A$31.7 million through a placement to accelerate exploration and resource growth at its key Western Australian gold projects. The capital injection strengthens the company’s cash position to about A$42 million, supporting ongoing and planned drilling campaigns.

Bryah Resources has successfully raised nearly $2 million through an oversubscribed placement to fund exploration at its Golden Pike Project in Canada, signaling strong investor confidence in its growth plans.

Alice Queen Limited (ASX – AQX) is set to raise $1 million through a two-tranche share placement accompanied by free-attaching options, alongside a bonus loyalty option offer to existing shareholders.

Sunshine Metals has completed a pivotal diamond drilling program at its Sybil gold project, revealing multiple high-grade gold intersections that bolster the prospect’s potential. The latest results highlight the presence of rich gold shoots within the A Vein and introduce a newly identified Splay Vein structure.

Titan Minerals reports significant wide, high-grade gold and silver drill intercepts at its Dynasty Gold Project, signaling strong potential for resource growth ahead of a Mineral Resource Estimate update scheduled for early 2026.

Delta Lithium has transformed its portfolio by spinning out its Mt Ida gold assets into Ballard Mining, unlocking significant shareholder value and advancing lithium exploration with promising new discoveries.