Latest Resource Development News

Noronex’s maiden drilling at Etango North reveals extensive uranium mineralisation within alaskite intrusions, validating its exploration model and highlighting significant upside in Namibia’s key uranium district.

Flynn Gold’s first modern drilling at the Silver King Trend in Tasmania confirms extensive high-grade silver-lead-zinc mineralisation, underpinning a promising district-scale exploration model.

Caprice Resources has completed the sale of a 75% stake in its West Arunta Project to Maverick Minerals for A$2.7 million cash, while preserving a free-carried interest and minority stakes. The deal bolsters Caprice’s cash position, enabling intensified focus on its Murchison gold assets and a maiden resource estimate this year.

Osmond Resources is advancing its Orión EU Critical Minerals Project with imminent assay results, upcoming resource estimates, and a secondary listing on the Madrid Stock Exchange, aiming to become the EU's first producer of rare earth-bearing minerals.

Catalyst Metals has delivered a record 31,812 ounces of gold in the latest quarter and 104,000 ounces for FY26 from the Plutonic Gold Belt, doubling quarterly production since acquisition and maintaining a strong cash position.

Empire Resources has reported promising preliminary assay results from its April 2026 RC drilling campaign at the Yuinmery Copper-Gold Project, revealing new copper and gold mineralisation across multiple prospects including the newly identified Hillside and Microbe Well zones.

Australis Oil and Gas has submitted a permit application for the first well under its US$46.25 million carried work program in the Tuscaloosa Marine Shale, targeting a Q4 2026 spud and expanding its held-by-production acreage.

Sentinel Metals (ASX: SNM) is set to nearly double its North American gold resources to 2 million ounces by acquiring Capricorn Metals' Big Springs project in Nevada for up to $26 million, combining cash, shares, and milestone payments.

Prodigy Gold is progressing key regulatory approvals to restart mining at its Old Pirate gold mine, supported by encouraging ore sorting testwork that significantly upgrades gold grades and promises operational efficiencies.

Pivotal Metals has extended its diamond drilling program at the Lorraine Mine East in Quebec, targeting untested copper-nickel and gold anomalies adjacent to a historic mine. The move aims to explore both magmatic sulphide and vein-hosted mineralisation, with drilling underway at the Shanty Lake target and a resource update due for Horden Lake.

FireFly Metals has delivered exceptional drilling results at its Green Bay Copper-Gold Project, reinforcing the continuity and scale of its high-grade core zone. These assays will feed into updated resource models and economic studies due mid-year.

Sunshine Metals has secured the Mt Moss Operation for $18 million, setting the stage for gold production by mid-2027 and progressing engineering, financing, and exploration activities.