Latest Development Studies News

Tennant Minerals has completed a $2.8 million placement to accelerate drilling and development at its Bluebird copper-gold-bismuth discovery, aiming to extend high-grade zones and explore new targets along a 2.5km corridor.

Condor Energy has completed a pivotal feasibility study for its Piedra Redonda gas discovery offshore Peru, confirming a conventional development approach and underpinning ongoing commercial and financing efforts.

Lithium Plus Minerals has boosted its Lei Deposit lithium resource by 34%, raising contained lithium to 78.4kt and increasing Indicated resources to 55%, underpinning plans for a low-capex underground direct shipping ore operation.

Strickland Metals has increased the inferred resource at its Copper Canyon deposit in Serbia, adding nearly 300,000 ounces of gold and enhancing the Rogozna Project's standing as one of Europe's largest undeveloped gold-copper assets.

American Uranium has wrapped up a 50-hole, 12,757-metre drilling campaign at its Lo Herma uranium project, confirming strong mineralisation continuity and expanding resource potential ahead of a Q3 2026 resource update and scoping study.

TG Metals' recent drilling at Van Uden reveals extensive near-surface laterite gold mineralisation beyond existing resources, underpinning a promising heap leach development with low capital costs and high recoveries.

Arika Resources is mobilising for its biggest ever drilling push, with a 20,000-metre program focusing on high-grade extensions and new targets at its Western Australian gold projects.

Odyssey Gold has lifted the Cable Deposit resource at Tuckanarra to 158,000 ounces of gold, with a significant upgrade in confidence ahead of its Stage 1 Scoping Study, underpinning its development ambitions in Western Australia’s Murchison Goldfields.

Adavale Resources has reported assay results from 14 additional drill holes at its London-Victoria gold mine, further extending gold mineralisation beneath the historic open pit and supporting an upcoming resource update.

Krakatoa Resources (ASX: KTA) has raised $1.6 million through a placement to fund its 2026 drilling and development program at the Zopkhito Antimony-Gold Project. The capital will support efforts to convert a foreign resource estimate into a JORC-compliant Mineral Resource Estimate, alongside metallurgical and environmental studies.

Lakes Blue Energy is positioning its Wombat Gas Project as a key contributor to Victoria's energy security and emerging AI infrastructure, with a conceptual study projecting a post-tax NPV10 of A$605 million and first gas in early 2029.

True North Copper (ASX:TNC) has confirmed a new high-grade copper-gold structure at its Wallace North deposit in Queensland, with drill results highlighting significant resource growth potential.