Latest Resource Development News

Beacon Minerals reports multiple high-grade gold intersections from extensive drilling at the Iguana Deposit, reinforcing its resource potential. However, the company lowers its March quarter production guidance due to operational challenges.

Arika Resources has reported strong initial 2026 drilling results at its Pennyweight Point prospect within the Yundamindra Gold Project, confirming thick, high-grade gold mineralisation and expanding near-surface oxide zones.

Unico Silver Limited has announced a substantial 143% increase in the Mineral Resource Estimate for its Joaquin Project in Argentina, now totalling 167 million ounces silver equivalent. This growth underpins the company’s upcoming Pre-Feasibility Study and strengthens its position in the global silver market.

Solstice Minerals’ Phase 1 drilling at the Nanadie Copper-Gold Project in WA’s Goldfields reveals significant mineralisation beyond existing resource boundaries, setting the stage for a major resource expansion.

True North Copper has revealed promising new copper-gold targets at its Wynberg Project in Queensland, building on an existing 56,100-ounce gold resource. The company plans targeted drilling and geophysical surveys to explore extensions and regional prospects.

Pacgold Limited is advancing its White Dam Gold Project with 95% completion of the Vertigo drilling program, delivering strong assay results that support an imminent resource upgrade. Operational milestones include commissioning of heap leach pad crushing, setting the stage for a production ramp-up.

Lachlan Star Limited reveals striking visible gold and multiple high-grade assay results at its New Waverley Gold Project, underpinning a promising Norseman-style gold system. A diamond drilling campaign is set to commence soon to explore the structural corridor further.

West Coast Silver Limited has launched a comprehensive geophysical survey campaign at its Elizabeth Hill silver project, aiming to uncover new high-grade mineralisation extensions and refine exploration targeting.

Black Canyon Limited reports promising metallurgical results from its Wandanya Project, confirming high-quality direct shipping ore potential for manganese and iron. The company is gearing up for a significant 15,000m drilling campaign to expand and infill its resource.

New Frontier Minerals has secured technical approval for its Mining Lease Application at the Big One Copper Deposit, setting the stage for potential near-term copper production amid a tightening global copper market.

Helix Resources has formalised a joint venture to earn up to 40% of the Gold Basin oxide gold project in Arizona, marking a significant expansion into a prolific US gold district. The agreement sets clear milestones for exploration and resource updates over the next two years.

Ausmon Resources has released amended drilling results from its Beelitz Prospect in South Australia, highlighting encouraging preliminary rare earth element concentrations and outlining plans for further exploration.