Latest Mineral Resource Development News

Reward Minerals has expanded its Mountain Pond Gold Project in Newfoundland by acquiring a new mineral licence adjoining the Jackpot Prospect, setting the stage for maiden drilling in 2026. This strategic consolidation unlocks a highly prospective fault zone with historic gold and multi-element anomalies but no prior drilling.

Unity Metals has reported promising high-grade gold intersections from initial drilling at its Ngot Gold Project, with assays confirming mineralisation similar to the nearby Okvau Mine. The ongoing 8,000m drilling program is progressing well, with further results eagerly awaited.

Heavy Rare Earths Limited has confirmed the presence of valuable rare earth minerals Monazite and Xenotime at its Radium Hill Project, signalling new potential beyond historic uranium mining.

Caprice Resources has reported significant new diamond drilling results at its Island Gold Project, extending high-grade gold mineralisation down plunge by 100 metres and confirming strong continuity along strike and depth at the Vadrians deposit.

BPM Minerals has commenced a significant 7,500m drilling program at its Beachcomber Prospect, targeting high-grade gold extensions, while preparing for a heritage survey at Bonnie & Clyde to enable maiden drilling later this year.

Corazon Mining has kicked off its first diamond drilling program at the Two Pools Gold Project in Western Australia, aiming to unlock the structural secrets of this high-grade gold system. Initial assay results are expected soon, potentially setting the stage for a major resource expansion.

Alice Queen Limited has revealed promising trench sampling results at its Viani gold project in Fiji, identifying a new high-grade gold zone that extends the known mineralised strike to 5 kilometres. These findings reinforce earlier drilling success and point to significant exploration upside.

Advance Metals has confirmed significant gold mineralisation at the Queen of the Hills Prospect near Happy Valley, with ongoing drilling and metallurgical testing pointing to a promising expansion of the Myrtleford Project’s gold footprint.

Desert Metals has launched a 2,000m aircore drilling campaign at its Tiogo gold prospect in Côte d’Ivoire, aiming to bridge a key gap between high-grade gold intercepts and unlock further potential along a major mineralised corridor.

Juno Minerals has completed its initial drilling program at the Mount Ida gold prospect, revealing significant gold intercepts that confirm mineralisation continuity and highlight potential for further exploration.

Dalaroo Metals has identified a significant 2.5 km long gold mineralisation corridor at its Bondoukou Project in Côte d’Ivoire, highlighted by high-grade rock-chip samples and extensive artisanal workings. This discovery sets the stage for upcoming drilling and further exploration in a prolific West African gold belt.

Gateway Mining has identified the Rubicon prospect within its Yandal Gold Project, revealing significant gold mineralisation over a 700-metre strike. Early drilling results suggest potential for multiple high-grade lodes, with further assays pending.