Latest Mineral Resource Development News

Clara Resources has completed acquisition of the Mareeba Gold Project, initiating modern exploration and refocusing its portfolio on Queensland gold assets while securing fresh capital and leadership changes.

Cosmo Metals has kicked off a targeted RC drilling campaign at its Kanowna Gold Project in WA, aiming to unlock significant gold deposits along the Kanowna Shear Zone with government co-funding support.

FIN Resources has delivered standout assay results from the first drillhole at Cabin Lake, revealing a broad, continuous high-grade gold system. The 26.2-metre intersection grading 12 g/t Au underpins the project's potential in Canada’s Northwest Territories.

CZR Resources has launched a new drilling campaign at its Croydon Gold Project, focusing on extending known mineralisation and testing for high-grade ore shoots and Hemi-style intrusions. The program leverages recent geological insights and a robust $67 million cash position.

Sunshine Metals reveals a robust Mining Study at its Liontown Project in Queensland, targeting shallow oxide gold with initial production of approximately 75,000 ounces of gold and 654,000 ounces of silver, generating an estimated net operating cashflow of $163 million. High-grade drilling results and a $202K government grant support ongoing exploration and development.

Greenvale Energy has sharpened its uranium exploration focus with new step-out targets at Oasis and secured a critical exploration licence at Douglas River, while pushing its Alpha Project into product development.

Talisman Mining has confirmed significant near-surface gold mineralisation at its Walkers Hill and East Peak Hill projects in NSW through recent aircore drilling, alongside receiving $0.79 million in iron ore royalties and maintaining a solid cash position.

Charger Metals has confirmed significant extensions to spodumene mineralisation at its Medcalf project, with drilling pushing lithium-bearing pegmatites to 600-700m depth and along strike. The company anticipates a substantial resource upgrade following assay results due in the coming weeks.

Wildcat Resources (ASX: WC8) has expanded its Bolt Cutter Central lithium discovery footprint beyond 2.3km with multiple high-grade spodumene intercepts, while advancing the Definitive Feasibility Study for its Tabba Tabba Project. The company maintains a strong cash position of A$43.3 million as it prepares for further drilling and development milestones.

Accelerate Resources (ASX: AX8) has kicked off a 1,500m aircore drilling program at its high-priority Fluffy Prospect within the Balagundi Gold Project, marking the first drilling at this target in over three decades. The program targets extensions of historic gold mineralisation and fresh zones identified through recent geophysical and geochemical surveys.

Asara Resources (ASX:AS1) has reported strong drilling results from the Massan deposit at its Kada Gold Project in Guinea, demonstrating broad and continuous gold mineralisation along strike and down-dip. The results support significant resource growth potential and ongoing drilling efforts.

Chariot Resources Ltd (ASX: CC9) has independently confirmed the presence of spodumene and pollucite in verification samples from its Fonlo and Iganna lithium projects in Nigeria, reinforcing the interpretation of these sites as lithium-caesium-tantalum pegmatite systems and informing upcoming metallurgical and exploration activities.