Latest Resource Development News

Lefroy Exploration has initiated diamond drilling at its Burns Gold Deposit, targeting the high-grade core to enhance metallurgical understanding and resource potential. This move follows promising earlier test results and sets the stage for further resource expansion.

Battery Age Minerals has commenced its maiden drilling campaign at the El Aguila gold-silver project in Argentina, following full environmental approvals. The program aims to define known mineralisation and explore new targets in a historically rich mining district.

Variscan Mines has reported new underground drilling results at the Udías Mine, revealing high-grade zinc mineralisation exceeding 20% zinc outside the existing resource estimate. These findings reinforce the potential for resource expansion and support ongoing mine development plans.

Dreadnought Resources has lodged a mining lease application for its high-grade Metzke’s Find gold deposit, marking a key step towards production within the Illaara Gold Project. Drilling to expand and upgrade the resource is set to begin imminently.

Belararox Limited has initiated advanced geophysical surveys at its Toro South target in Argentina, setting the stage for drilling in late 2025. Age dating confirms geological similarities to major copper systems, enhancing the project's appeal.

Tolu Minerals has appointed Dr Chris Muller as Managing Director and CEO, signaling a strategic push towards ramped-up exploration and resource development in Papua New Guinea.

Altair Minerals has raised A$13 million through an institutional placement led by 1832 Asset Management, fully funding an extensive drilling program at its Greater Oko Project set to begin early next year.

Gibb River Diamonds has commenced mining at its Neta Gold Prospect in WA, with ore processing agreements in place and first cashflow anticipated by early 2026. The company also outlines ambitious exploration plans for its broader portfolio.

Dart Mining’s first drill hole at Great Divide Mining’s Coonambula project reveals impressive high-grade antimony and gold assays, validating the joint venture’s exploration strategy and promising further resource development.

Arika Resources reports compelling extensional drilling results at its Yundamindra Gold Project, confirming significant strike and depth extensions at the Landed at Last Prospect and advancing resource potential.

Flagship Minerals has achieved a critical milestone with the approval of the ENAPAC Ruta Este desalination pipeline, securing a sustainable water supply for its Pantanillo Gold Project in Chile’s Maricunga Gold Belt. This development significantly reduces a major operational risk as the company advances its resource upgrade and project studies.

Aureka Limited has sold its interest in the Tandarra Joint Venture for $1.3 million, settling related court disputes and redirecting funds to advance drilling at its promising Irvine Gold Project.