Latest Resource Development News

Marmota Limited’s maiden drilling program at the Greenewood gold discovery in South Australia reveals spectacular bonanza-grade gold assays over nearly 1km strike length, positioning the project as a standout in the Gawler Craton.

Cannindah Resources has identified a previously unrecognized high-grade copper-gold target adjacent to its Cannindah Breccia Deposit, revealing a significant exploration opportunity within a 200-250m drill data gap. Ongoing drilling at multiple targets promises further resource growth.

Black Bear Minerals has initiated a focused diamond drilling program at its Shafter Silver Project in Texas, aiming to extend mineralisation beyond the current 17.6 million ounce resource estimate. The program also seeks to explore the project's multi-commodity potential amid rising strategic demand for silver.

Norfolk Metals has released promising initial assay results from its maiden drilling campaign at the Carmen Copper Project in Chile, confirming both shallow copper oxide and deeper sulphide mineralisation. These findings reinforce the project's potential for a JORC-compliant resource and set the stage for further exploration.

Neometals has signed a non-binding Letter of Intent with BML Ventures to jointly develop the Ironclad Gold Deposit, aiming for early production through a funded open-cut mining operation with profit sharing.

Rand Mining has released a replacement exploration report for the East Kundana Joint Venture, highlighting new JORC disclosures and promising high-grade gold assay results from the Ambition prospect.

St Barbara Limited has agreed to sell a 20% interest in its Simberi Gold Project to Papua New Guinea’s Kumul Mineral Holdings for A$100 million, forming a strategic joint venture that aligns with PNG’s resource ownership goals.

Charger Metals NL has announced a $0.02 per share call on its partly paid shares to raise up to $854,175, supporting ongoing lithium exploration at its Lake Johnston project. The company also updates on its maiden lithium resource and upcoming drilling plans.

Charger Metals NL has retained 100% ownership of its Lake Johnston Lithium and Gold Project after Rio Tinto Exploration withdrew from their farm-in agreement. The company plans an expanded drilling campaign in early 2026 to grow its maiden lithium resource.

SSH Group has commenced a focused drilling campaign at the Wagtail Gold Deposit to upgrade its high-grade resource and advance development plans under a profit-share agreement.

Almonty Industries has priced an upsized US$112.5 million share offering to accelerate development of key tungsten and molybdenum projects, reinforcing its position amid tightening global supply chains.

Star Minerals has received mining approval for its Tumblegum South Gold Project, setting the stage for mining to commence in early 2026. With robust production targets and a key partnership in place, the project is poised to advance swiftly.