Latest Resource Development News

Waratah Minerals has unveiled compelling reverse circulation drilling results linking its Alpine and Gazzards prospects to Spur and Consols, establishing a continuous 6km gold corridor in New South Wales. The findings highlight shallow, high-grade gold mineralisation and set the stage for diamond drilling in late 2026.

Falcon Metals has pushed the Blue Moon gold project’s mineralised strike to over 850 metres, with standout high-grade intercepts in the Jasmine Zone and an extended 750-metre strike in the Lotus Zone. Drilling continues aggressively with three diamond rigs and a robust cash position supports ongoing exploration.

Carnavale Resources has reported exceptional metallurgical results for its Kookynie Gold Project, with gold recoveries between 98% and 99% across all ore types, underpinning the project's economic viability and toll treatment prospects.

Moonlight Resources has kicked off its first reverse circulation drilling campaign at Peak Downs in central Queensland, aiming to validate historic high-grade copper mineralisation and unlock the potential of a largely underexplored system.

FireFly Metals has delivered a fresh wave of high-grade copper and gold drilling results at its Green Bay project in Canada, setting the stage for an updated Mineral Resource Estimate and a Preliminary Economic Assessment due by the end of August 2026.

Sunstone Metals has uncovered a substantial new zone of gold-copper mineralisation at its Bramaderos Project in Ecuador, with all 24 recent drill holes outside the existing 3.6Moz resource delivering long intersections. The Porotillo prospect alone now spans a 520m by 230m area, setting the stage for a resource update in December 2026.

TechGen Metals (ASX: TG1) enters a catalyst-rich 2026 with fully funded drilling across four copper-gold projects adjacent to multi-million-ounce mines. The company’s $3.7 million cash position supports maiden drilling at Blue & Red Devil and resource development at John Bull.

Encounter Resources has significantly extended the shallow, high-grade niobium mineralisation at its Emily deposit and confirmed thick, high-grade zones at Green within the Aileron Project. A 70,000m drilling campaign is underway, underpinning resource growth and development plans.

Hamelin Gold's maiden drilling at Day Dawn reveals multiple high-grade gold lodes and a reef-style system akin to Telfer, signalling potential for a major new discovery in Western Australia's Paterson Province.

Olympio Metals has reported a standout 5m intercept averaging 4.54 g/t gold, including a 0.75m section hitting 24.3 g/t, from its latest drilling at the Bousquet Gold Project in Quebec. This result reinforces the strike orientation of the main lode and sets the stage for further exploration.

Patronus Resources (ASX:PTN) is executing a major 30,000-metre multi-rig drilling campaign at its Pine Creek gold project, underpinning a 2.3 million ounce gold equivalent resource across its Northern Territory and Western Australia assets, supported by a robust $65 million cash position.

Corazon Mining has significantly expanded its Western Australian gold footprint by acquiring key tenements adjacent to the Chalice Gold Project, adding 170km2 of prospective ground and securing gold rights over underexplored corridors.