Latest Resource Development News

Lachlan Star Limited has secured a 90% stake in the historically rich New Waverley Gold Project in Western Australia’s Norseman region, setting the stage for a focused drilling campaign to unlock its untapped potential.

TG Metals Limited has reported strong new drilling results from its Van Uden Gold Project, confirming increased gold continuity and extensions to its existing resource. Diamond core drilling has commenced, aiming to further expand the mineral resource estimate.

Patagonia Lithium Ltd has successfully raised A$2.9 million through a private placement, aiming to fast-track drilling and feasibility studies at its flagship Formentera Project in Argentina.

Larvotto Resources continues to deliver robust drilling results at its Freehold prospect, revealing significant gold, antimony, and tungsten mineralisation that bolsters the Hillgrove Project’s growth outlook.

Krakatoa Resources has raised $1.25 million through a well-supported placement to fund the next phase of exploration at its high-grade Zopkhito Antimony-Gold Project, following promising drilling results that validate historic data.

Hammer Metals has submitted a Mining Lease Application for its Orelia North gold deposit in Western Australia, aiming to accelerate development amid a buoyant gold price. Recent drilling results extend mineralisation, supporting resource growth ahead of a planned 2026 upgrade.

AngloGold Ashanti has begun exploration drilling on Matsa Resources’ Lake Carey tenement, signalling strong interest in the region and setting the stage for 2026 exploration activities.

Sunstone Metals has uncovered extensive high-grade gold-copper mineralisation at surface within its Bramaderos Project in Ecuador, setting the stage for a significant resource expansion. Drilling is imminent to convert a large exploration target into a defined resource, underpinning the company’s growth ambitions.

Strickland Metals has successfully raised A$55 million through an institutional placement to accelerate exploration and advance a Pre-Feasibility Study at its Rogozna Project in Serbia.

Caspin Resources has launched extensive drilling programs at its Bygoo Tin and Weethalle Gold projects in New South Wales, aiming to grow existing resources and uncover new mineralisation targets.

PMET Resources has reported its widest and highest-grade caesium intercepts to date at the Vega Zone within its Shaakichiuwaanaan Property, alongside confirming high-grade mineralisation at the newly discovered Helios Zone.

Barton Gold Holdings has launched a Definitive Feasibility Study and appointed Bedrock Advisory Partners to steer financing for its Stage 1 operations at Central Gawler Mill, following a significant resource upgrade.