Latest Resource Development News

Rapid Critical Metals has launched a comprehensive scoping study for its NSW silver projects, backed by promising drilling results and advanced ore-sorting technology.

Advanced Metals has ramped up its drilling programs in Mexico and Australia, backed by a $13 million capital raise and strengthened leadership, positioning itself for significant resource growth in 2026.

Grand Gulf Energy has progressed its Petroleum Exploration Licence application offshore Namibia and continued development discussions for its Red Helium Project, maintaining a disciplined capital approach during the December 2025 quarter.

Magmatic Resources has reported encouraging Phase 2 reverse circulation drilling results at its Weebo Gold Project, confirming shallow gold mineralisation along a 5 km strike at the Ockerburry and Scone Stone prospects. The results reinforce the exploration model and set the stage for upcoming air-core drilling outcomes.

West African Resources Limited reported a robust cash flow for the December 2025 quarter, ending with a strong cash position of A$584.1 million. The company’s operating activities generated significant cash inflows, offsetting substantial investing and financing outflows.

Antipa Minerals has reported a significant resource upgrade and strong drilling results at its Minyari Dome project, advancing its pre-feasibility study towards a mid-2028 investment decision.

Zuleika Gold Limited has announced its first inferred mineral resource estimate for the Paradigm East deposit, marking a key milestone in its Kalgoorlie-area gold projects. Combined with the Credo Well resource, the company now holds over 35,000 ounces of gold resources as it advances mining lease applications and plans further drilling.

Discovery Alaska has completed due diligence and secured an option to acquire a 100% interest in the Boulder Creek Gold-Silver Project in Idaho, while expanding its claim area to cover promising geological extensions.

Great Western Exploration Limited is poised to begin drilling a key copper-gold target at Oval in March 2026, targeting a potentially large VHMS mineralisation system. Follow-up drilling at the Juggernaut targets is planned, alongside ongoing regional exploration and promising potash project developments.

Greenvale Energy has reported significant progress in its uranium exploration portfolio, highlighted by expanded high-grade mineralisation at the Oasis Uranium Project and strategic advancements in its Alpha Torbanite and geothermal projects.

White Cliff Minerals has reported significant progress in its Rae Copper-Silver Project with the discovery of a new high-grade copper zone at Danvers 2 and promising sediment-hosted copper mineralisation at Stark, expanding the potential of the Teshierpi Fault Zone.

Empire Resources has reported promising drill results from its Yuinmery Copper-Gold Project, revealing high-grade mineralisation and new gold prospects, while awaiting assay results from Pennys Gold drilling.