Latest Mining Project Development News

Carnaby Resources has unveiled a significant new high-grade copper-gold mineralised structure at its Trek 1 prospect in the Greater Duchess Project, Queensland, with drill results pointing to resource expansion beyond current estimates.

Legacy Minerals has withdrawn its earlier Mt Carrington production targets, updating its Scoping Study to reflect a stronger basis with 71% Indicated Resources. The revised study outlines a 12-year mine life, A$514 million pre-tax NPV7, and a streamlined development plan.

Pursuit Minerals has kicked off fieldwork at its Sascha Marcelina gold-silver project in Argentina, confirming a significant mineralised system and preparing for a maiden drilling program.

Great Northern Minerals has pinpointed two fresh drill targets at its Iron Butte gold-silver project in Nevada, potentially broadening the mineralised zone beyond the current resource footprint. Supported by strong soil anomalies and rock assays, these targets reinforce the project's epithermal system credentials and feed into an imminent maiden resource estimate.

Lithium Plus Minerals has announced the immediate resignation of CEO Andrew Haythorpe for personal reasons, with Chair Bin Guo stepping in as acting CEO. This leadership shift comes amid ongoing development at the company’s Northern Territory lithium projects.

Jindalee Lithium has locked in a strongly supported A$11 million capital raise through a placement and entitlement offer to fund its McDermitt Lithium Project and the proposed NASDAQ listing of US Elemental Inc.

TG Metals targets a potential doubling of its laterite gold resources at Van Uden, advancing heap leach project designs and awaiting drilling approvals.

CuFe’s expanded scoping study for its Orlando copper-gold project integrates underground mining and new bismuth and silver revenue streams, lifting project NPV to A$908 million at spot prices and shortening payback to 10 months.

Patagonia Lithium has completed a key packer test at its Formentera project, confirming high aquifer porosity and flow rates at 110m depth, while submitting a comprehensive environmental study to local authorities.

Dreadnought Resources has reported some of the highest-grade gold intercepts yet at Metzke’s Find, extending mineralisation beyond its 2023 resource and setting the stage for a resource upgrade in July 2026.

Maritana Minerals has delivered further high-grade gold intercepts from its Burbanks project in WA, reinforcing geological confidence and setting the stage for a June Mineral Resource update.

Rumble Resources has completed a major diamond drilling campaign at Western Queen, delivering multiple high-grade gold and tungsten intersections that underpin an advancing feasibility study and mine development plans.