Latest Resource Development News

Ardiden Ltd has kicked off a significant 15,000-metre diamond drilling program at its Rouyn Gold Project in Québec, aiming to expand resource potential at the Astoria zone within a prolific mineralised corridor.

Accelerate Resources Limited (AX8) has reported promising first-pass Reverse Circulation drilling results at its Balagundi Gold Project, confirming continuous gold mineralisation along the Paris Gift Trend. The initial six holes intercepted consistent gold grades, validating the company’s exploration model and highlighting significant upside potential.

Canterbury Resources has reported its longest and one of its highest-grade copper intersections to date at the Briggs deposit, underpinning plans for a major resource upgrade and prefeasibility study.

Loyal Metals has confirmed a large, thick, near-surface copper-gold-silver mineralised zone at its Highway Reward project, alongside a new zinc-rich polymetallic discovery, signalling a potential shift to bulk-minable resources.

Nordic Resources has identified a previously unknown higher-grade gold-copper zone at its Kopsa project in Finland, expanding the potential of the deposit beyond current resource boundaries.

Gorilla Gold has restarted drilling at its Mulwarrie and Comet Vale projects in Western Australia, reporting significant high-grade gold assay results that extend mineralisation beyond the current resource estimate. The company is advancing studies to push Mulwarrie towards development amid a strong gold price environment.

Ausgold Limited’s latest drilling results at the Katanning Gold Project confirm and extend high-grade gold mineralisation beyond existing resource boundaries, with drilling activity ramping up to four rigs on site.

Andean Silver has reported exceptional high-grade silver and gold drilling results at its Cerro Bayo Project in Chile, alongside a successful A$36 million capital raise to accelerate resource growth and development.

SQX Resources has confirmed high-grade gold mineralisation at its Red Bird Gold Project in Arizona, validating decades-old data and setting the stage for a maiden drilling campaign.

Prospect Resources has completed its Phase 2 drilling at the Mumbezhi Copper Project in Zambia, revealing extended copper mineralisation and significant gold by-product potential. The company is well-funded and poised for updated resource estimates in early 2026.

Asara Resources has reported further positive drilling results at its Massan deposit, confirming grade continuity and down-dip growth, while initial Phase 2 drilling indicates promising strike extensions at the Kada Gold Project in Guinea.

Encounter Resources’ recent drilling at the Haddon prospect reveals a substantial copper anomaly with strong silver mineralisation, setting the stage for deeper exploration in 2026.