Latest Resource Development News

Surefire Resources reports robust drilling results at its Yidby Gold Project alongside promising assays from its Victory Bore critical minerals deposit, supported by a $1.54 million capital raise.

Western Mines Group has reported significant nickel sulphide mineralisation in its ongoing Phase 4 drilling at the Mulga Tank Project, alongside securing $3.72 million in fresh capital to accelerate exploration efforts.

Avira Resources has secured a binding agreement to acquire the high-grade Mt Cattlin Gold Project and raised $2.5 million in firm commitments, positioning itself for significant exploration activity in Western Australia and Sweden.

Elevate Uranium has raised $25 million through a well-supported placement, boosting its cash reserves to nearly $44 million. The funds will accelerate its proprietary U-pgrade™ pilot plant and expand uranium resource drilling in Namibia and Australia.

TG Metals Limited reports strong progress in its September quarter with successful stockpile metallurgy, high-grade laterite discovery at Van Uden, and expanded soil geochemistry targets at both Van Uden and Gold City projects.

Golden Horse Minerals has raised A$35 million through a strongly supported placement to accelerate exploration and development at its Southern Cross Gold Project in Western Australia.

Midas Minerals has secured unconditional approval from Namibia’s Competition Commission, paving the way to complete its acquisition of the Otavi Copper Project and launch an aggressive drilling campaign.

Superior Resources has boosted its Greenvale Project area by 56%, revealing exceptional copper-gold-silver assay results and advancing its Steam Engine Gold Project towards production within two years.

GBM Resources has launched a major drilling campaign at its Twin Hills gold project and raised A$40 million to fund exploration and development across its Drummond Basin portfolio.

Turaco Gold has significantly expanded its Afema Project gold resource to 4.06 million ounces, driven by high-grade discoveries at multiple deposits and a strong financial position supporting ongoing development.

Verity Resources reports robust Phase 1 drilling results at its Monument Gold Project, secures full ownership of Botswana copper-silver assets, and confirms significant rare earth mineralisation in Brazil, underpinning its growth strategy.

Terrain Minerals has raised $1.17 million through a placement to fund further drilling at its promising Smokebush Project, targeting high-grade gold and silver deposits.