Latest Resource Development News

Elixir Energy secures a $16.6 million capital raise led by Omega Oil and Gas, propelling Phase-2 of its strategic plan to unlock reserves in Queensland’s Taroom Trough.

Trigg Minerals has revealed a significant northern extension of high-grade antimony mineralisation at its Antimony Canyon Project in Utah, confirming bonanza-grade continuity and validating its exploration model.

Mount Ridley Mines has identified seven new high-priority rare earth and gallium target zones forming a 33km untested corridor near existing resources in Western Australia, setting the stage for significant exploration expansion.

Adelong Gold Limited refutes claims by Great Divide Mining of a binding agreement to resolve their Challenger Mines joint venture dispute, leaving the matter unsettled and market watchers cautious.

Narryer Metals has outlined a substantial Exploration Target for its Rocky Gully Project in Western Australia, highlighting promising grades of scandium, rare earth elements, gallium, and potential titanium co-products. The company is gearing up for a new drilling campaign aimed at defining a maiden resource.

Fulcrum Lithium reports encouraging initial metallurgical results from its Alkali Flats project in Nevada, showing up to 91% lithium recovery at moderate conditions, setting the stage for further exploration and resource definition.

Kaiser Reef Limited is set to commence a substantial drilling program at its Union Hill waste dumps within the Maldon Gold Project, aiming to unlock significant low-grade gold resources and support ongoing processing operations.

High-Tech Metals Ltd has reported metallurgical test results from its Mt Fisher Gold Project confirming high gold recoveries of up to 92.8%, supporting near-term development plans and joint venture processing opportunities.

Iltani Resources has reported compelling assay results from its recent drilling at the Orient Silver-Indium Project, revealing significant silver-equivalent mineralisation that may connect the previously separate Orient West and East resources. The company is advancing with further geophysical surveys and drilling to expand and define this promising zone.

Winsome Resources has reported strong assay results from its 2025 drilling campaign at the Adina Lithium Project in Quebec, confirming thick, high-grade near-surface lithium mineralisation and advancing resource confidence ahead of a Feasibility Study.

FMR Resources has completed its first deep drillhole at the Southern Porphyry target within the Llahuin Project JV, revealing geological features indicative of a large porphyry copper system. Ongoing analyses and geophysical surveys aim to refine the understanding of this promising discovery.

Barton Gold Holdings has completed its Phase 1 drilling at the Tunkillia Gold Project ahead of schedule and under budget, targeting the high-value S1 and S2 pits. The company anticipates strong cash flow and rapid payback from the S1 pit, with assay results expected soon.