Latest Resources News

Lefroy Exploration has initiated diamond drilling at its Burns Gold Deposit, targeting the high-grade core to enhance metallurgical understanding and resource potential. This move follows promising earlier test results and sets the stage for further resource expansion.

Capricorn Metals has released a conceptual study indicating promising underground mining opportunities at its Orion South deposit within the Mt Gibson Gold Project, potentially boosting gold production beyond current open pit plans.

Megaport Limited has launched a A$200 million equity raising to fund the acquisition of Latitude.sh, a high-growth Compute-as-a-Service platform, and accelerate its network expansion in India. This strategic move aims to unify network and compute services, enhancing Megaport’s position in the hybrid cloud and AI markets.

Sarytogan Graphite Limited has reported the last batch of assays from its Reserve definition drilling at the Sarytogan Deposit, confirming thick, high-grade graphite mineralisation that will underpin a resource upgrade and advance its Definitive Feasibility Study.

Coronado Global Resources posted a $109.5 million net loss for Q3 2025 amid subdued metallurgical coal markets and announced a proposed refinancing deal with Stanwell Corporation to strengthen its financial position.

Capricorn Metals has expanded its Orion South Underground Mineral Resource Estimate at Mt Gibson to 895,000 ounces, marking a 31% increase since July 2025. This growth, driven by extensive diamond drilling, underscores the project's underground potential alongside ongoing open pit operations.

Siren Gold has initiated fieldwork on the extensive Endeavour Shear Zone at its Queen Charlotte Project, uncovering promising gold alongside historic antimony mineralisation. With 106 samples collected and assays pending, the company aims to unlock significant value in New Zealand’s Marlborough region.

Battery Age Minerals has commenced its maiden drilling campaign at the El Aguila gold-silver project in Argentina, following full environmental approvals. The program aims to define known mineralisation and explore new targets in a historically rich mining district.

Variscan Mines has reported new underground drilling results at the Udías Mine, revealing high-grade zinc mineralisation exceeding 20% zinc outside the existing resource estimate. These findings reinforce the potential for resource expansion and support ongoing mine development plans.

Dreadnought Resources has lodged a mining lease application for its high-grade Metzke’s Find gold deposit, marking a key step towards production within the Illaara Gold Project. Drilling to expand and upgrade the resource is set to begin imminently.

Belararox Limited has initiated advanced geophysical surveys at its Toro South target in Argentina, setting the stage for drilling in late 2025. Age dating confirms geological similarities to major copper systems, enhancing the project's appeal.

Novo Resources reports impressive high-grade gold assays from the Teichman area and significant gold-antimony intercepts at Sherlock Crossing, setting the stage for expanded drilling in 2026.