Latest Resource Development News

Meeka Metals has finalised its purchase of three gold deposits near Mt Holland, Western Australia, setting the stage for a resource update and extensive drilling to unlock further value.

Gorilla Gold Mines has expanded the high-grade Val gold discovery at its Vivien Project in WA, with mineralisation now traced over 400m strike and down-dip near existing underground infrastructure.

Aurum Resources has reported substantial high-grade gold intercepts at its Boundiali Gold Project in Côte d'Ivoire, confirming resource growth potential at the BST1 deposit and BST2 prospect. The company plans a large-scale 130,000m drilling campaign in 2026, targeting a resource update by Q3 and a Definitive Feasibility Study by year-end.

Sinclair Gold has locked in a binding earn-in agreement with Medaro Mining, unlocking up to $3.4 million in combined cash, shares, and exploration funding for its Sala silver-zinc-lead project in Sweden. Sinclair retains a net smelter return royalty and focuses on advancing its Mt Henry gold asset.

Neometals has reported encouraging copper assay results from its July 2026 reverse circulation drilling at the Rinaldi prospect within the Barrambie Gold Project, confirming primary sulphide mineralisation and outlining plans for further diamond drilling and geophysical surveys.

AuKing Mining has pushed its first diamond drill hole at the Tundulu Rare Earth Project in Malawi well beyond initial plans, intersecting carbonatite to 510.6 metres and suggesting a larger and deeper intrusive complex than previously mapped.

Macro Metals has agreed in principle to sell its Agbaja Iron Ore Project in Nigeria to RSIN Nigeria Limited for US$5.67 million, allowing the company to refocus on Western Australian operations.

Novo Resources has progressed its Belltopper Gold Project with a planned diamond drilling campaign and completed maiden Pilbara drilling programs, while reporting a $3.9 million net loss for H1 2026 and bolstering liquidity through capital raises.

Orpheus Uranium has executed a Sale Agreement to acquire seven exploration licences adjacent to its Marree Uranium Project, significantly enlarging its footprint in a uranium-rich region and assuming early operatorship to accelerate drilling preparations.

Kuniko Limited has extended the high-grade mineralised system at its Silica Hill prospect by approximately 100 metres through Phase 2 diamond drilling, highlighting significant resource growth potential ahead of a planned update.

Osmond Resources has reinforced the continuity of high-grade critical minerals at its Orión project in Spain, with drill hole SOR-07A delivering promising assay results. The company is on track to release its maiden Mineral Resource Estimate and Scoping Study by Q3 2026, supported by robust mineral processing testwork and a new Frankfurt listing.

Cosmo Metals has reported broad gold mineralisation at its Kanowna Gold Project, with new diamond drilling revealing continuous mineralised zones down dip, highlighting a large, underexplored system along the Kanowna Shear.