Latest Resource Development News

Nordic Resources has reported promising assay results from its latest drilling at the Kopsa gold-copper deposit in Finland, revealing significant extensions of gold mineralisation beyond the current resource boundary. These findings support ongoing resource growth and an expanded drilling program.

Corella Resources is raising $1 million through a two-tranche share placement aimed at advancing exploration projects and evaluating new opportunities. The placement includes free attaching options, pending shareholder approval.

Paterson Resources has wrapped up the first phase of its drilling campaign at the Grace Gold-Copper Project, setting the stage for a resource upgrade and scoping study in 2026.

Resources & Energy Group Limited has raised $2 million to fund drilling and production expansion at its East Menzies Gold Project, following a year of significant operational milestones.

Aureka Limited has raised $3.6 million through a share placement to fund a second diamond drill rig and accelerate exploration at its Victorian gold projects, reflecting strong investor confidence following recent high-grade discoveries.

Bulletin Resources has sold three non-core tenements of its Lake Rebecca Gold Project to Ramelius Resources for $500,000, enabling a strategic focus on its larger, recently acquired gold ground. The company remains well funded and is advancing exploration plans on high-potential targets.

Forrestania Resources’ Phase 3 drilling at the Ada Ann prospect reveals significant high-grade gold mineralisation beyond the maiden resource, supporting potential resource growth at the Bonnie Vale Project.

AIC Mines has successfully extended the Jericho copper deposit in Northwest Queensland by approximately 250 metres down-plunge, revealing promising grades of copper, gold, and silver. These results reinforce the deposit’s potential to support future production growth alongside the nearby Eloise mine.

Anson Resources and POSCO Holdings have advanced their collaboration on the Green River Direct Lithium Extraction demonstration plant, with POSCO’s investment decision timeline pushed to early 2026. The partnership signals a strategic move to secure North American lithium resources and commercialize cutting-edge extraction technology.

Venari Minerals reports its highest-grade lithium intersection to date from the Red Mountain Project in Nevada, reinforcing the deposit's scale and quality ahead of a maiden resource estimate.

Exultant Mining has completed key reconnaissance work at its Peak View Project in New South Wales, collecting 16 rock chip samples from historic prospects and securing land access agreements ahead of a planned drilling campaign in 2026.

Eastern Gas Corporation Limited, a new ASX-listed subsidiary of Pure One Corporation, has lodged a Replacement Prospectus to raise $5.5 million for advancing its Queensland gas projects, targeting commercial production through horizontal drilling and fracture stimulation.