Latest Development Studies News

Verity Resources has lifted its Monument Gold Project’s geological confidence by delivering a maiden Indicated Mineral Resource of 66,200 ounces and reported exceptional 97% gold recoveries at Waihi, underpinning development plans.

High-Tech Metals has released an updated Mineral Resource Estimate for its Wagtail Gold Deposit, boosting geological confidence and underpinning ongoing development work.

WA1 Resources continues to hit strong niobium grades in infill drilling at its Luni Project, sharpening the focus for early mining years and keeping its Pre-Feasibility Study on track for late 2026.

Stanmore Resources bounced back from early-year weather disruptions with a 27% jump in ROM coal production in Q2 2026 and secured a refinancing deal that lowers debt costs and extends maturities, positioning the company for a robust second half.

West Cobar Metals made progress on its Salazar scandium and Cobar West copper projects during the June quarter, while deciding not to proceed with its Baxter Fluorspar acquisition and securing $1.05 million in new funding.

Krakatoa Resources is pushing its 2026 drilling program at the Zopkhito Antimony-Gold Project two months ahead of schedule, advancing toward a maiden JORC-compliant mineral resource estimate with multiple technical workstreams underway.

Ore Resources (ASX: OR3) reported substantial drilling success in lithium and gold at its Coolgardie projects, confirming extensions at Kangaroo Hills lithium pegmatites and Forrest gold system, while expanding landholdings and advancing development studies.

Prospect Resources has received significant assay results from new drill holes extending copper mineralisation beyond the current Nyungu Central resource boundary at its Mumbezhi Project in Zambia.

Adavale Resources has uncovered six additional near-mine gold prospects adjacent to its London-Victoria Gold Mine, strengthening its Parkes Thrust Project pipeline ahead of a resource update scheduled for September 2026.

New Murchison Gold Limited's Crown Prince Gold Mine sustained robust production with 15,455 ounces sold in the June quarter, while the Garden Gully Gold Project’s resource estimate jumped 47% to 359,000 ounces. Mining has now commenced at the Cloudkicker open pit, supporting growth and operational flexibility.

West Cobar Metals is gearing up for near-term drilling at its Cobar West copper project in NSW and high-grade scandium zones at the Salazar project in WA, aiming to unlock significant resource potential across both.

High-Tech Metals has wrapped up a 41-hole drilling campaign at Mt Fisher, confirming mineralisation continuity beneath the historical pit and defining clear targets for further resource growth. An updated Mineral Resource Estimate and pit optimisation are due in August, setting the stage for Phase 2 drilling.