Latest Resource Development News

True North Copper has enhanced its Cloncurry Copper Project resource base by adding a 1.0 Mt gold-copper resource at Wynberg, featuring 61,000 ounces of gold and 3,000 tonnes of copper. The update supports near-term development prospects and broadens the project's metal exposure.

St Barbara Limited is ramping up its gold exploration in Nova Scotia, increasing its FY27 budget by 64% and doubling its exploration team to accelerate resource growth near the 15-Mile Processing Hub.

Cygnus Metals has lodged its draft scheme booklet with ASIC, moving closer to a planned acquisition by Central Asia Metals. Regulatory approvals in North Macedonia are complete, with Kazakhstan clearance still pending.

RUA GOLD has obtained regulatory approval to start exploration drilling at its Glamorgan Project, a promising epithermal gold target adjacent to a major OceanaGold deposit in New Zealand. The company plans a 9,000-metre drill program to test three high-priority targets identified through extensive geophysical and geochemical surveys.

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.

TG Metals has raised A$2.5 million through a placement backed by institutional investors and insiders to fund resource expansion, scoping studies, and direct shipping ore opportunities at its Western Australian gold and lithium assets.

Matsa Resources has delivered further robust gold intercepts from its ongoing diamond drilling at Fortitude North, Lake Carey, confirming multiple thick, high-grade lodes and setting the stage for an expanded drilling campaign.

Southern Cross Gold has updated its Sunday Creek project’s Exploration Target to between 3.0 and 4.6 million ounces gold equivalent, supported by ongoing drilling and promising metallurgical results.

Kuniko Limited has secured A$1.30 million through a well-supported placement to advance its Commonwealth-Silica Hill gold-silver project in NSW, underpinning a Phase 2 drilling campaign targeting resource growth and exploration across a district-scale system.

American Uranium has lifted its Lo Herma uranium resource to nearly 10 million pounds U3O8, with a 72% jump in Indicated Resources and a stronger base ahead of a Q4 2026 scoping study.

Marmota Limited is ramping up its maiden drilling program at the Greenewood gold discovery in South Australia, increasing planned drilling from 20,000m to 26,000m to extend mineralisation and support a scoping study.

Mandrake Resources has strategically refined its Utah Lithium Project tenure by securing three key SITLA leases in the project’s central zone and relinquishing marginal blocks, positioning itself for upcoming bulk lithium brine production and technical evaluation.