Latest Resource Assessment News

Metal Bank Limited has entered a non-binding MOU with Austral Resources to explore toll treatment of ore from the Millennium Project at Austral’s nearby Rocklands facility, aiming to advance a promising copper-cobalt-gold resource in NW Queensland.

Omega Oil and Gas has secured a substantial new 750 square kilometre acreage in Queensland’s Taroom Trough, forming a powerful joint venture with Tri-Star and Beach Energy to accelerate exploration and appraisal in 2026.

3D Energi has reported significant gas discoveries at Essington-1 and Charlemont-1 wells in the Otway Basin, reinforcing its strategy to supply local gas to Australia's east coast. However, the company faces funding challenges that have led to a temporary trading suspension.

Blue Energy Limited reports steady progress on its Sapphire gas project and awaits key government decisions on additional resource areas, positioning itself strongly in Queensland's evolving energy landscape.

HyTerra Limited has unveiled a comprehensive strategic plan to commercialise its Nemaha Project in Kansas, backed by new leadership and a key US technology partnership. The company is advancing towards production testing in 2026 amid promising hydrogen and helium discoveries.

Rand Mining reports completion of over 5,200 metres of diamond drilling at East Kundana Joint Venture, revealing promising assay results from Sadler and Golden Hind deposits without altering current resource estimates.

Macro Metals has confirmed access to Utah Point at Port Hedland, enabling export of up to 4 million tonnes per annum from its Extension Iron Ore Project starting late 2026. This milestone advances project financing and production plans.

West Coast Silver and Artemis Resources have signed a non-binding MOU to assess processing Elizabeth Hill silver ore at Artemis’s Radio Hill plant, aiming to fast-track development while managing capital costs.

Native Mineral Resources Holdings Limited has entered a binding joint venture with Haoma Mining NL to develop the Ravenswood Gold Project, leveraging NMR’s Blackjack Operations as a regional processing hub.

Gold Hydrogen Limited has confirmed elevated levels of natural hydrogen and helium at its Ramsay 3 well, marking a significant step in its 2025 drilling campaign and reinforcing the potential of its South Australian project.

Melbana Energy has begun mobilisation for drilling the Amistad-11 well in Cuba’s Block 9, aiming to restore and improve production after formation damage impacted a key well.

ADX Energy has raised A$3.5 million through a placement to fund key gas exploration projects in Austria and Italy, alongside plans for a strategic dual listing in Oslo.