Latest Resource Development News

Kali Metals has reported promising shallow gold intercepts from its maiden drilling at the Marble Bar Gold Project, confirming a 3km strike of mineralisation. The company is now planning an extensive Phase II program to expand and define this emerging gold system.

Nico Resources has progressed key development activities at its Wingellina nickel-cobalt project, preparing for an infill drilling campaign as nickel and cobalt prices rally on Indonesian supply policy shifts.

Asian Battery Metals has reported significant exploration progress at its Oval Cu-Ni-PGE project in Mongolia, including new high-grade drill intercepts and refined geophysical models that expand the known mineralised strike to 880 metres.

Tarrina Resources has initiated a 1,200-metre diamond drilling campaign at its Christmas Gift Gold Project in NSW, aiming to validate and extend historic high-grade gold mineralisation. Complementary soil sampling is also underway, with initial results expected by March 2026.

Krakatoa Resources has confirmed high-grade antimony and gold mineralisation at its Zopkhito Project in Georgia through its maiden drilling program, reinforcing historical estimates and setting the stage for a JORC-compliant resource.

Castle Minerals has advanced its West African gold exploration with extensive soil sampling and auger drilling, while strengthening its board and maintaining a solid cash position of approximately A$3 million.

Miramar Resources has kicked off a significant reverse circulation drilling campaign at its Gidji JV Gold Project, targeting promising bedrock gold deposits near Kalgoorlie. The program aims to follow up on earlier discoveries of supergene gold anomalies with deeper exploration.

Yandal Resources has made significant progress at its Arrakis gold discovery, confirming a large, high-grade mineralised system while securing a strong cash position to fuel accelerated exploration in 2026.

Ora Banda Mining Ltd has reported a record quarterly gold production of 32,036 ounces, alongside significant exploration successes and a $63 million investment in growth projects, while revising its FY26 cost guidance upward due to increased third-party milling expenses.

Elixir Energy has secured a $16.6 million capital injection led by Omega Oil and Gas, propelling its high-impact Lorelle-3 appraisal well drilling and expanding contingent gas resources in Queensland’s Taroom Trough.

Mineral Resources Limited has upgraded its lithium production guidance and reported record iron ore shipments in Q2 FY26, alongside a significant reduction in net debt and a strategic joint venture with POSCO Holdings.

Great Western Exploration is set to drill six promising copper-gold targets at its Juggernaut prospect, aiming to unlock a volcanic hosted massive sulphide (VHMS) mineral system akin to nearby DeGrussa.