Latest Resource Development News

Legend Mining has secured key exploration licences and rights adjacent to its Pinnacle Well Project, significantly enlarging its footprint near Leonora, WA. These acquisitions enhance the project's gold prospectivity and set the stage for upcoming exploration activities.

Elixir Energy has received a $3.861 million R&D tax refund, providing crucial funding for its upcoming Taroom Trough appraisal drilling and production testing programs.

McLaren Minerals has identified a promising second shoreline adjacent to its existing McLaren Titanium Project resource, revealing fresh exploration potential within historical data. The company plans further drilling in early 2026 to validate and expand this new target.

Golden Horse Minerals has initiated a 2,000m reverse circulation drilling campaign targeting historically rich gold prospects in the Golden Valley area, aiming to unlock shallow mineralisation near old high-grade workings.

Hammer Metals has regained full ownership of the Mount Philp and Even-Steven areas within its Mount Isa East Joint Venture, opening fresh exploration avenues including advancing the Trafalgar copper-gold deposit.

Uvre Limited reports compelling high-grade rock chip assays from its New Zealand gold projects, with drilling advancing at its flagship Waitekauri site near OceanaGold’s Waihi mine. The results underscore significant exploration upside in historically rich brownfields areas.

Dynamic Metals Limited reports encouraging initial assay results from its first drilling phase at the Chalice South prospect, revealing multiple low-level gold anomalies within a mineralised corridor near Westgold’s Chalice Gold Mine.

True North Copper has announced strong assay results from its Phase 2 drilling at the Mt Oxide Project, extending the Aquila Trend copper-silver-cobalt mineralisation to over 500 metres with promising potential for further growth.

Dreadnought Resources has completed a significant reverse circulation drilling campaign across its Mangaroon Gold and Critical Metals projects, setting the stage for upcoming assay results and diamond drilling programs. The company is also advancing exploration at its Illaara Gold Project with Metzke’s Find drilling commencing soon.

Cannindah Resources has identified a 400-metre strike extension of copper-gold-molybdenum mineralisation at its Southern Target within the Mt Cannindah Project, Queensland, expanding the porphyry system footprint significantly. The company is advancing its drill program with scout drilling planned imminently to test this promising zone.

Mount Ridley Mines has appointed Allister Caird as CEO, bringing critical minerals expertise to accelerate its rare earth and gallium projects in Western Australia and expand US partnerships.

Flynn Gold’s maiden drilling at the Grenadier Prospect in northeast Tasmania confirms shallow, high-grade gold mineralisation with continuous quartz-sulphide veins. The discovery opens new exploration avenues within the Golden Ridge Project.