Latest Resource Development News

Trek Metals has kicked off its first Reverse Circulation drilling campaign at the Kuro manganese discovery near Christmas Creek, aiming to test the depth and extent of high-grade mineralisation identified at surface.

Solstice Minerals has broadened its exploration horizons at the Nanadie Copper-Gold Project in Western Australia, unveiling multiple new targets including the Stark prospect. Ongoing Phase 2 drilling aims to build on the existing 40.4Mt resource, while a strategic review of Eastern Goldfields projects is underway.

Delta Lithium Limited has acquired key tenements at its Yinnetharra Project, gaining full control over 170 km2 of lithium prospective ground. The company also reports a notable gold occurrence at Mason’s prospect and continues extensive exploration across its large tenure.

Redcastle Resources has formalised its acquisition of a 60% interest in the Kilkenny Belt Package, expanding its tenement holdings by over 6,400 hectares and setting the stage for exploration funded by ongoing mining cash flow.

Hot Chili Limited has reported a substantial 391.1-metre copper-gold intersection grading 0.51% copper equivalent from surface at its La Verde discovery in Chile, reinforcing the project's potential for a high-grade starter pit within the Costa Fuego copper-gold project.

Ausgold Limited is ramping up its drilling efforts at the Katanning Gold Project with an imminent 25,000m infill program aimed at tightening drill spacing and underpinning early mine life. Recent results confirm robust resource growth potential and support advancing underground mining studies at Datatine.

PC Gold has reported compelling new gold assay results from its Spring Hill project, alongside a strategic tenement acquisition that expands its landholding by 68km². The company is ramping up exploration with four rigs and a $22 million cash buffer, setting the stage for resource growth beyond the imminent update.

Somerset Minerals has identified extensive copper mineralisation zones at its Coppermine Project in Nunavut, Canada, with a 17km Talisker anomaly near the Danvers deposit and high-grade assays extending Jura North's mineralised system. A maiden Talisker drilling campaign is set for July 2026.

Encounter Resources is aggressively advancing its Aileron niobium project in Western Australia with a comprehensive 70,000-metre drilling campaign and a Mining Lease application, underpinning its push toward development.

Podium Minerals has confirmed a substantial vertical extension of its Parks Reef PGM deposit in Western Australia, with new drilling revealing strong platinum group metal and copper-gold mineralisation to depths of around 450-500 metres.

Galilee Energy is gearing up to drill its Zydeco-1 well in Louisiana this July, aiming to kickstart near-term cash flow from a low-cost, low-risk gas-condensate project. The company’s newly formed US advisory board supports a strategy to scale production through repeatable Gulf Coast asset acquisitions.

Hawk Resources has pushed the boundaries of its Cactus Corridor copper-gold project in Utah with new assay results from drill hole DD26CT005, revealing extended near surface mineralisation and high-grade copper zones. The findings suggest the mineralised trend remains open and drilling is set to resume in July 2026.