Latest Resource Development News

Lodestar Minerals has reported exceptional high-grade gold assay results from its Ned’s Creek project in Western Australia, including a standout 1m intercept grading 49.6 grams per tonne. These findings upgrade previous data and set the stage for targeted drilling in early 2026.

West Coast Silver has launched a 2,500m aircore drilling campaign at its Elizabeth Hill Silver Project, aiming to expand high-grade silver zones near the historic mine and along the Munni Munni fault. This follows a recent diamond drilling phase that intersected visible native silver, with assay results pending.

Elixir Energy advances its dominant position in Queensland’s Taroom Trough with a major drilling campaign set for early 2026, aiming to address looming East Coast gas shortages. The company’s extensive acreage and certified resources position it as a key player in Australia’s energy future.

New Frontier Minerals has lodged a mining lease application for the Big One Copper Deposit in Queensland’s Mt Isa belt, aiming for first production in early 2027. The move solidifies tenure over a key copper asset and advances plans for open-cut mining with processing through Austral Resources’ Mt Kelly facility.

Stavely Minerals has launched a new phase of drilling at its Fairview South gold prospect, revealing promising high-grade gold intercepts and expanding the known mineralised zone by hundreds of metres. Concurrent reconnaissance drilling at the S41 target signals growing exploration momentum in western Victoria.

Tungsten Mining NL’s latest scoping study confirms Mt Mulgine as a globally significant critical minerals project with strong financial prospects and strategic positioning amid tightening tungsten supply.

Enegex Limited has completed its acquisition of Famien Resources, adding a substantial gold exploration portfolio in Côte D’Ivoire, alongside a $5 million capital raise to support its growth ambitions.

Tartana Minerals has inked a non-binding Letter of Intent with Alt Resources for up to $5 million in non-dilutive financing, structured to align repayments with copper production and prices. This deal aims to optimize existing operations and fund expansion through the Mungana processing plant.

Horseshoe Metals reports strong drilling results confirming extensive shallow copper mineralisation at its Horseshoe Lights Project, with Direct Shipping Ore operations set to begin this quarter amid active offtake and funding talks.

Australian Gold and Copper Ltd has completed its acquisition of the Browns Reef tenement package, doubling its South Cobar Project area and setting the stage for a maiden resource estimate at the Evergreen target.

Greenvale Energy’s latest drilling and trenching at the Oasis Uranium Project confirm high-grade uranium continuity and reveal a potential second mineralised structure, expanding exploration horizons.

Nimy Resources has announced a maiden JORC Inferred Mineral Resource featuring exceptionally high-grade gallium and rare earth oxides at its Block 3 East deposit in Western Australia’s Mons Project. The discovery positions Nimy as a potential key supplier amid tightening global critical minerals supply.