Latest Mining Development News

Flynn Gold is kicking off a 2,500m drilling campaign at its Brilliant Prospect in northeast Tasmania, aiming to convert promising trench assay results into a formal Mineral Resource and fast-track project development.

Toubani Resources reports robust high-grade gold intersections from pre-production drilling at its Kobada Gold Project, triggering a Mineral Resource Estimate update and advancing development plans toward mining in early 2027.

Alice Queen has deployed a dual-purpose drill rig to Horn Island, initiating a multi-phase program aimed at expanding its substantial gold resource and exploring new mineralised zones.

GoldArc Resources has cleared the last regulatory hurdle for its Mt Stirling gold project, enabling development to proceed under a 50/50 profit-share partnership with BML Ventures.

Venus Metals Corporation is returning $35 million to shareholders via a special cash dividend funded by the recent sale of its Youanmi Gold Project royalty to Franco-Nevada. The dividend is largely franked and follows an earlier in-specie distribution of Rox Resources shares.

Venari Minerals has kicked off a 12-hole diamond drilling campaign at its Red Mountain Lithium Project in Nevada to elevate a significant portion of its resource from Inferred to Indicated status, setting the stage for a maiden Scoping Study in early 2027.

Norwest Minerals has completed a partly underwritten entitlement offer, securing $1.89 million to fund exploration and development at its Bulgera Gold Project.

Adavale Resources has reinforced the continuity of gold mineralisation beneath its London-Victoria open pit, reporting significant drill intercepts including 31m at 1.29g/t Au just 16m below the pit floor, underpinning near-term production prospects and a forthcoming resource update.

Brightstar Resources is on track to deliver 75,000 ounces per annum from its Goldfields hub by mid-2027, backed by a new processing plant and strong project economics, while progressing its Sandstone project toward a Tier-1 development with a 2.9 million ounce resource.

Strata Minerals is pushing forward multiple technical workstreams at its Zelica Gold Project in Western Australia, backed by BML Ventures. These initiatives aim to de-risk mine planning, processing, and permitting as the project moves closer to development.

WA Gold's latest assays from seven diamond drill holes at Abercromby reinforce the continuity of a high-grade gold system over 500m, underpinning a promising resource development phase.

Pantoro Gold’s latest infill drilling at Racetrack within the Norseman Project reveals exceptional high-grade continuity, including a spectacular 1,737 g/t gold intercept, underpinning plans to ramp up underground production.