Latest Resource Development News

Savannah Goldfields Limited has reported promising high-grade gold intercepts from recent drilling at its Electric Light Prospect in North Queensland, with plans for further exploration and metallurgical testing underway.

Leeuwin Metals has raised A$5.8 million to fund an aggressive 10,000m drilling campaign targeting extensions of high-grade gold mineralisation at its Marda Gold Project, with assays pending from 31 holes and ongoing geophysical surveys.

Manhattan Corporation’s maiden fieldwork at Nunavut’s Hook Lake Project reveals high-grade gold assays up to 14.55g/t and a mineralised corridor stretching 4.7km, highlighting significant expansion potential.

Polymetals Resources has identified a promising new zone of massive sulphide mineralisation south of its Endeavor Mine, prompting plans to accelerate exploration efforts.

Accelerate Resources has secured an earn-in agreement to acquire up to 80% of the Iron Bound prospect, expanding its Balagundi Gold Project near Kalgoorlie with granted mining tenure and historic gold workings.

Red Sky Energy has secured regulatory approval to begin drilling the Killanoola-2 well, marking a significant step forward for its South Australian oil project. Drilling is expected to commence imminently, potentially unlocking substantial new resources.

Astral Resources reports robust assay results from its Theia Deposit in-fill drilling program, reinforcing the potential for a profitable starter pit at its Mandilla Gold Project. Ongoing diamond drilling and regional exploration at Feysville aim to further unlock value.

Catalyst Metals has unveiled significant high-grade gold intersections at its Cinnamon-Cobalt trend, doubling Cinnamon's strike length and revealing promising new targets outside the current resource envelope.

Fortuna Metals is advancing exploration at its Mkanda and Kampini projects in Malawi, aiming to define a significant rutile resource by late 2026. Early drilling and sampling have revealed encouraging titanium mineralisation, positioning the company in a globally critical minerals hotspot.

White Cliff Minerals has announced a significant new high-grade copper and silver discovery at its Danvers 2 prospect within the Rae Copper Project, extending mineralisation over 4 kilometres along the Teshierpi Fault Zone. This breakthrough is supported by robust drilling results and preliminary geophysical data, pointing to a larger mineralised system than previously known.

Forrestania Resources Limited is set to update investors on its rapidly expanding gold resource base and strategic acquisitions in Western Australia during an upcoming webinar. The company’s disciplined approach targets production-ready assets to drive shareholder value.

Dreadnought Resources has secured $18 million to fast-track its Mangaroon and Illaara gold projects, while boosting its Star of Mangaroon resource by 36% and unveiling significant rare earth discoveries at Gifford Creek.