Latest Resource Development News

Marvel Gold Limited has initiated a comprehensive drone-borne magnetic survey over its Hanang Gold Project in Tanzania and entered a binding agreement to divest its Yanfolila Gold Project in Mali, signalling a strategic shift in its asset portfolio.

Sentinel Metals has uncovered detailed geological logs and core from six historical diamond drill holes at its Columbia Gold Project, providing fresh insights that are refining its maiden drilling plans set for March 2026.

Legacy Minerals has locked in $4 million through an underwriting agreement to ensure full exercise of its listed options, bolstering its cash reserves to $10 million for advancing exploration at Mt Carrington.

Estrella Resources has kicked off bulk sample extraction at its Ira Miri manganese project in Timor-Leste, aiming to produce up to 30,000 tonnes of high-grade ore for appraisal and export. This milestone sets the stage for deeper geological insights and stronger international partnerships.

Viking Mines has secured a comprehensive historical dataset for its Linka tungsten project in Nevada, significantly cutting exploration time and costs. This strategic acquisition lays the groundwork for rapid 3D geological modelling and targeted drilling.

InVert Graphite has completed its maiden drilling program at the Kumba deposit in Tanzania, revealing wide zones of high-grade graphite near surface and positioning the Morogoro Project for further advancement.

Enova Mining has completed over 65% of its diamond drilling program at the East Salinas rare earth project in Brazil, with initial assay results expected by early February. The drilling targets high-grade rare earth mineralisation across multiple prospects, aiming to confirm continuity and support resource development.

PMET Resources has reported its highest-grade lithium intercepts to date from the Vega Zone and announced a new high-grade lithium-tantalum discovery at the Helios Zone within its Shaakichiuwaanaan Property in Quebec. The extensive 2025 drilling campaign further cements the project’s status as a critical mineral hub in North America.

Kingston Resources reported a 14% increase in quarterly revenue to $18.1 million despite a geotechnical setback, while underground mining development gains momentum and resource estimates grow by 29%.

Greatland Resources reports robust December quarter drilling results at Telfer, advancing a record 240,000m FY26 program with standout high-grade intercepts at West Dome Underground and promising regional exploration progress.

Gateway Mining has announced a significant new gold discovery at its Haflinger target within the Yandal Gold Project, with drilling intersecting 52 metres at 1.4g/t gold, including a higher-grade 12-metre section at 3.1g/t. This extends a mineralised trend over 500 metres, highlighting a structurally complex and promising geological setting.

West Wits Mining has upsized its institutional placement to A$33.74 million, anchored by a $10 million strategic investment from Tribeca Investment Partners, fully funding the Qala Shallows project ahead of first gold pour in March 2026.