Latest Resource Development News

Pivotal Metals has secured an option to acquire the Bambino Project in Québec, significantly enlarging its high-grade copper-nickel-platinum group metals footprint at the Belleterre district. The acquisition consolidates a 6km mineralised trend and sets the stage for systematic exploration with planned geophysics and drilling.

Elk Range Mining has begun its first diamond drilling campaign at the Friday Gold Project in Idaho, aiming to validate historical high-grade gold and build a modern resource base.

Tesoro Gold has completed its 80-hole infill drilling at the Ternera Gold Deposit, delivering multiple wide, high-grade gold intercepts that underpin an imminent resource upgrade and maiden Ore Reserve.

Terra Metals has pushed the boundaries of its Southwest sulfide discovery at the Dante Project, extending the mineralised strike by 150 metres to over 1,100 metres and confirming multiple high-grade reef zones. The system remains open, with ongoing drilling and assay results set to further define this promising PGM-Cu-Ni-Co corridor.

Solstice Minerals has pushed the boundaries of its Nanadie Copper-Gold Project in WA, reporting a combined 148m intercept at 0.77% copper and 0.20g/t gold that extends mineralisation beyond the current resource estimate.

Westgold Resources reports a 41% jump in gold Ore Reserves to 4.1 million ounces with a 15% grade uplift, achieved at a notably low reserve addition cost of $27 per ounce. The company plans to invest up to $75 million in exploration drilling in FY27 to sustain this growth trajectory.

Canadian Phosphate Limited’s initial 2026 drilling at Wapiti has successfully intersected phosphate mineralisation in all eight holes, extending the known Main Zone strike by over 3km. Assay results are pending, with a resource update planned for late 2026.

PhosCo Ltd’s maiden drilling at the KH prospect within its Gasaat Phosphate Project in Tunisia has delivered wide, high-grade phosphate intersections close to the proposed plant, promising to enhance early project economics.

Patriot Resources has locked in a $3 million placement to fund exploration at its flagship Tassa silver-gold project in Peru and a new copper discovery in Zambia, underpinning its strategy to grow high-grade mineral resources.

Viking Mines’ maiden drilling at Nevada’s Linka Project reveals multiple broad intervals of visually confirmed scheelite mineralisation, setting the stage for assay results that could validate a near-term tungsten supply boost.

Golden Horse Minerals (ASX: GHM) has reported compelling high-grade gold intercepts at its Hopes Hill and Greenmount prospects, reinforcing the potential for a significant resource upgrade within its Southern Cross Gold Project.

Ragusa Minerals has pinpointed 14 priority drill targets at its historic Black Rock Manganese Mine site in Arizona, following a detailed induced polarisation survey that reveals significant extensions of high-grade manganese mineralisation.