Latest Resource Development News

Aureka has reported compelling high-grade gold assay results from its ongoing drilling at the Irvine Project in Victoria, revealing a newly identified Resolution Footwall Vein and extending known mineralisation beyond the current resource boundary.

Odyssey Gold has reported strong reverse circulation drilling results at its Tuckanarra Project, reinforcing the existing resource model and advancing plans for a resource upgrade. The Highway Deposit continues to demonstrate promising grade continuity and open pit potential.

Cobre Limited has confirmed the continuity of higher-grade copper-silver mineralisation at its Cosmos Target within Botswana’s Ngami Copper Project, prompting an extension of its drilling program to further delineate the resource.

Iceni Gold has launched a targeted two-hole diamond drilling program at its Guyer prospect, aiming to extend promising high-grade gold mineralisation identified earlier this year. Results expected in December will shape exploration plans for 2026.

Olympio Metals has completed a targeted soil sampling campaign and initiated resampling of historical drill core at its Bousquet Gold Project in Quebec, aiming to expand the known mineralised strike and refine drill targets ahead of a follow-up drilling program.

Mount Burgess Mining NL has initiated reverse circulation drilling at the Viking Gold Project in Western Australia, targeting a promising high-grade shallow gold zone at the Beaker 2 prospect. This marks a key step in unlocking value from their newly acquired asset.

Adavale Resources has launched a technically advanced second phase drilling campaign at its London-Victoria Gold Mine, aiming to expand the gold resource beyond current estimates. Led by new Managing Director David Ward, the program builds on promising initial results and structural insights.

Zuleika Gold Limited has nearly doubled the mineral resource at its Credo Well Gold Project to 22,500 ounces, with mining lease applications underway and detailed mining studies planned for next year.

SolGold plc has unanimously rejected a non-binding acquisition proposal from Jiangxi Copper, triggering a notable share price rally that has significantly enhanced DGR Global’s valuation as a major SolGold shareholder.

OM Holdings has cleared major regulatory hurdles in the $101 million sale of its 26% stake in Ntsimbintle Mining, moving closer to closing the deal in early 2026.

OM Holdings has secured key regulatory and shareholder approvals for the sale of its 26% interest in Ntsimbintle Mining, moving the $101 million transaction closer to completion early next year.

FireFly Metals has successfully raised over C$30 million through a Canadian bought deal and approximately A$106.5 million via an Australian equity raise to fund key development and exploration at its Green Bay Copper-Gold Project in Newfoundland.