Latest Resource Development News

Ragnar Metals has identified four promising new gold exploration targets at its Harnäs Project in Sweden through reprocessed geophysical data, setting the stage for a maiden drilling campaign in early 2026.

Belararox Limited has completed its inaugural diamond drill hole at Toro Central within the TMT Project in Argentina, intersecting extensive sulphide mineralisation and confirming a key geophysical target. A second drill hole is underway, aiming to extend promising silver, copper, and zinc mineralisation identified in historic drilling.

Elevate Uranium Ltd has completed a $25 million capital raising and is nearing steady state operations of its U-pgrade pilot plant in Namibia, while expanding its uranium resource portfolio through extensive drilling and a strategic acquisition from Core Lithium Ltd.

Ordell Minerals has reported exceptional high-grade gold intersections at its Barimaia Gold Project in Western Australia, highlighting a shallow, open-pittable mineralisation zone. Drilling is set to resume in February 2026 to explore further extensions along a significant strike length.

Great Western Exploration has secured all permits to commence diamond drilling at the Oval Copper-Gold Targets in March 2026, aiming to test a potentially large VHMS copper-gold system akin to the nearby DeGrussa deposit.

Mithril Silver and Gold Limited reports significant high-grade gold and silver drill results at Target 1 in Mexico’s Copalquin district, setting the stage for an imminent resource estimate update and an aggressive 2026 exploration campaign.

Western Yilgarn NL has secured new land access agreements at its West Julimar Bauxite Project, opening up extensive lateritic bauxite areas for exploration and potential resource growth beyond its current 104.8 million tonne inventory.

Blue Star Helium has achieved its first helium production at the Galactica Project, marking a key milestone as it optimizes plant operations and prepares for commercial ramp-up.

Cazaly Resources has met its initial $1 million farm-in milestone at the Goongarrie Gold Project, earning a 25% interest after identifying continuous gold mineralisation over a 1.3-kilometre strike. The company plans further drilling to expand its stake and explore high-grade targets.

Cygnus Metals has identified two promising gold prospects within its Chibougamau Project in Quebec, with plans for drilling to expand its resource base and resume work at Golden Eye.

EV Resources has commenced a fully funded maiden diamond drilling program at its Los Lirios Antimony Project in Mexico, aiming to define a maiden JORC resource by Q3 2026 and accelerate towards production.

TG Metals Limited has announced a significant 550-metre extension to the Van Uden gold deposit in Western Australia, highlighted by high-grade drill results that could materially increase the existing resource.