Latest Resource Development News

Redstone Resources has secured a 100% stake in a suite of greenfields exploration projects across Western Australia, gaining exposure to gold, lithium, copper, and base metals with immediate drilling approvals at key sites.

Rokeby Resources appoints Richard Beazley as Managing Director and Tim Pallas as Chairman, signalling a strategic leadership overhaul to support the acquisition and development of the high-grade Omeo Gold Project in Victoria.

AIC Mines has returned strong drilling results from the Jolly shoot at its Jericho copper deposit, reinforcing the deposit’s potential as the first mining target and underpinning the ramp-up of production at nearby Eloise.

White Cliff Minerals has unveiled a significant new high-grade copper zone at its Rae Copper Project in Nunavut, expanding the mineralised footprint beyond the main Teshierpi Fault Zone with drillhole DAN26015 delivering 79.24m at 1.59% Cu including 24.38m at 3.05% Cu.

Kingfisher Mining has completed significant drilling at its Broken Hill projects, confirming promising copper-gold and silver-lead-zinc mineralisation, with assay results due soon and further exploration planned.

Somerset Minerals (ASX:SMM) is ramping up exploration at its Coppermine copper project in Nunavut, Canada, with thick, high-grade copper intercepts at Jura and a major 17 km Talisker anomaly set for maiden drilling from July 2026.

Eminence Minerals has kicked off a comprehensive drilling campaign at its Campo Grande Rare Earth Project in Brazil, targeting high-priority corridors adjacent to a major peer's high-grade rare earth discovery.

Kingston Resources is embarking on a 25,000m drilling campaign at its Mineral Hill polymetallic mine, aiming to extend mine life and boost production with a plant expansion from 350ktpa to 700ktpa.

Atomic Eagle's drilling at the Muntanga Uranium Project in Zambia has expanded key uranium mineralisation zones at Chisebuka, confirming continuity between deposits and setting the stage for upcoming drilling programs.

European Resources has significantly expanded the exploration potential at its Korsnäs rare earth project in Finland, increasing the Exploration Target by up to 190% to between 18 and 32 million tonnes at 0.8% to 1.0% TREO. This growth follows new passive seismic survey results and geological modelling extending mineralisation down to -400 m RL.

Caprice Resources reports metallurgical testwork on its Vadrians deposit achieving up to 94% gold recovery via conventional gravity and CIL processing, supporting a low-cost extraction pathway at its Island Gold Project.

Legacy Minerals has confirmed a new gold-silver epithermal mineralised system at its Mascotte Prospect, with assays showing gold grades up to 9.7g/t Au and significant base metals. The discovery lies entirely outside the current 1.2Moz AuEq Mt Carrington resource, opening the door for resource expansion.