Latest Resources News

Black Canyon Limited’s recent infill drilling at the KR2 Prospect confirms thick, high-grade manganese zones, underpinning a potential upgrade from Inferred to Indicated Mineral Resource status and promising improved project economics.

Trigg Minerals has expanded its New South Wales antimony holdings by acquiring the historic Bukkulla Mine and extending its footprint into the Nundle Goldfield, confirming high-grade antimony potential and setting the stage for systematic exploration.

Pioneer Lithium has initiated a comprehensive field exploration program at its Skull Creek Uranium Project in Colorado, aiming to refine uranium mineralisation targets through detailed geological and geochemical investigations.

AuMEGA Metals has completed a high-resolution airborne magnetic survey over its Hermitage Gold-Antimony Project, revealing significant structural complexity and aligning with previous high-grade samples. The company plans targeted drilling later in 2025 to unlock the project's potential.

Basin Energy has secured government approval for its Trollberget project in Sweden, doubling its landholdings in the Arvidsjaur-Arjeplog uranium district and setting the stage for promising exploration results expected in early 2025.

Athena Resources has appointed Peter Jones as Managing Director and CEO, aiming to leverage his extensive Mid-West iron ore experience to advance the high-grade Byro Magnetite Project.

WAT Resources Ltd has successfully produced ferroniobium from its Luni niobium concentrate, marking a key milestone in the West Arunta Project’s development. The proof-of-concept testwork confirms the viability of a conventional production process and sets the stage for further optimisation and product diversification.

WIN Metals has reported significant exploration success at its Butchers Creek Gold Project, with step-out drilling confirming the resource remains open at depth and extending mineralisation 260 metres beyond previous limits.

Corazon Mining has completed a comprehensive VTEM™ geophysical survey over its MacBride Base and Precious Metals Project in Canada, revealing multiple conductive anomalies that could signal new massive sulphide deposits. The company is now prioritising drill targets with plans to commence drilling in late Q1 2025.

Mako Gold Limited’s securities have been suspended from ASX trading following Aurum Resources’ dispatch of compulsory acquisition notices, signaling a pivotal ownership transition.

Regis Resources has established a $300 million revolving credit facility, replacing its previous term loan to enhance financial flexibility and liquidity amid a strong banking syndicate backing.

Cue Energy Resources has pushed back the deadline for its gas supply agreement with Arafura from early February to the end of March 2025, signaling a critical timeline shift for the Nolans rare earths project.