Latest Resource Development News

Eclipse Metals has commenced diamond drilling at its Greenland rare earth project, backed by a $4 million placement to expand and upgrade its resource. The move aligns with strategic plans for a Nasdaq dual listing amid growing global supply chain concerns.

Moho Resources has reported new high-grade gold assays up to 6.98g/t at its Bush Chook Project in Western Australia, extending a mineralised trend to 300 metres and setting the stage for a maiden drill program later this year or early next.

Boss Energy reveals new uranium mineralisation near its Alta Mesa project in Texas, following enCore Energy’s re-analysis of historic drill data. Further drilling is planned to explore the potential expansion.

Meeka Metals’ first drilling at Turnberry North delivers thick, high-grade gold intersections, signaling potential resource expansion and extended mining at the Murchison Gold Project.

Ordell Minerals has expanded the main gold mineralisation zone at its Barimaia Project in Western Australia to 700 metres of strike, delivering strong step-out drilling results including high-grade intercepts. Diamond drilling results are awaited, with new targets identified west of McNabs.

Cannindah Resources has reported impressive trenching results at its Mt Cannindah project, revealing high-grade copper-gold mineralisation and new porphyry targets. These findings set the stage for imminent drilling campaigns aimed at unlocking further value.

Bougainville Copper Limited remains inactive in production but advances talks with international mining firms to revive the long-dormant Panguna Project, backed by the Autonomous Bougainville Government.

Venari Minerals reports a breakthrough in lithium upgrading at its Red Mountain Project, achieving up to a 132% increase in lithium concentration through innovative attrition scrubbing test-work. This advancement paves the way for a maiden Mineral Resource Estimate by year-end.

Santana Minerals reports robust assay results from its RAS North drilling program, confirming strong grade continuity and potential resource upgrades. Concurrently, the RINA drilling reveals a fertile, largely untested gold system along the Rise and Shine Shear Zone, hinting at significant regional expansion opportunities.

Aureka Limited has reported its highest-grade gold assay to date at the Irvine Gold Project, with a spectacular 183 grams per tonne intercept confirming the potential for significant resource expansion.

American Uranium has mobilised a drill rig ahead of schedule at its Lo Herma ISR uranium project in Wyoming, aiming to grow and upgrade its existing 8.57 million pound uranium resource through a two-phase drilling campaign.

Estrella Resources has successfully extended the strike length of manganese mineralisation at its Ira Miri project in Timor-Leste to nearly 100 metres, with recent drill holes revealing high-grade supergene manganese oxides. Meanwhile, progress at the Werumata Limestone project advances with geophysical surveys and drill pad preparations underway.