Latest Resource Development News

Elixir Energy has commenced drilling at the Lorelle-3 appraisal well in Queensland’s Taroom Trough, targeting significant gas resources with plans for advanced testing by mid-2026.

GoldArc Resources has identified four new blind gold mineralised zones at its Leonora South Gold Project through maiden aircore drilling, revealing promising shallow gold intercepts and polymetallic mineralisation at Jessop Creek.

Brightstar Resources is progressing its Sandstone Gold Project with a maiden Ore Reserve and Pre-Feasibility Study on schedule, aiming to establish a district-scale, long-life gold production centre in Western Australia.

Alma Metals has unveiled its most extensive and highest-grade copper intersections yet at the Briggs Copper Project, reinforcing confidence in resource expansion and advancing its prefeasibility study plans.

Gold Mountain Limited has reported promising assay results from its Irajuba Prospect in Brazil, revealing significant extensions to rare earth mineralisation and setting the stage for expanded resource drilling.

Global Lithium Resources has released a strong Definitive Feasibility Study for its Manna Lithium Project, confirming its economic resilience, while also initiating an IPO to spin out its Marble Bar gold assets.

Strata Minerals has secured full ownership of the Zelica Gold Project in WA’s Eastern Goldfields, launched maiden drilling targeting high-grade gold, and expanded the project footprint through a strategic acquisition, supported by a $1.1 million capital raise.

Nordic Resources has expanded its Kopsa gold-copper project in Finland through an upsized drilling program, confirming significant new mineralised zones and securing over A$10 million in institutional funding.

Asara Resources has reported robust drilling results at its flagship Kada Gold Project in Guinea and initiated a major resource expansion campaign, alongside a strategic acquisition to broaden its regional footprint.

European Resources Limited has accelerated its rare earths exploration and metallurgical programs in Finland, supported by a fully subscribed $1.6 million rights issue and a $546,750 placement. Key drilling and processing initiatives aim to unlock value amid rising global demand for critical minerals.

Impact Minerals has acquired a 55 sq km tenement covering the historic Huonville gold district near Broken Hill, significantly expanding its landholding and advancing its exploration for copper-gold deposits.

Albright Metals has completed a key diamond drilling program at its Golden Pike Project in Canada and initiated antimony drilling at Bond Road, supported by a successful $1.98 million capital raise.