Latest Resource Development News

Benz Mining Corp. reports a landmark 79-metre intercept grading 4.4 grams per tonne gold at its Zone 126 prospect, marking the thickest high-grade hit to date at the Glenburgh Gold Project. The company is accelerating drilling and aligning management incentives with ambitious resource growth targets.

Patagonia Lithium prepares to drill a key lithium well in Argentina while advancing rare earth exploration in Brazil, backed by recent funding and promising early results.

Stellar Resources has reported strong tin mineralisation results from wedge hole ZS187W1B at its Severn deposit, underpinning resource upgrades and advancing its prefeasibility study at the Heemskirk Tin Project.

Xstate Resources has confirmed 23 meters of net gas pay across three Permian sandstone zones in its Diona-1 well, setting the stage for upcoming flow testing that could redefine resource estimates.

Waratah Minerals reports significant new gold assay results from diamond drilling at its Spur Gold Project, extending mineralisation down plunge by 150 metres and confirming high-grade zones within the Spur Gold Corridor. The company is ramping up drilling activity with five rigs to explore multiple targets.

Broken Hill Mines Limited reports outstanding high-grade silver-lead-zinc intercepts alongside promising gold-copper mineralisation at its Pinnacles Mine, expanding its phase 1 drilling program and targeting near-term open pit operations.

Elixir Energy has confirmed 23 meters of net gas pay across three Permian formations at its Diona-1 well in Queensland, setting the stage for flow testing and potential near-term gas production.

Sunstone Metals has completed an extensive surface sampling campaign at its Bramaderos Gold-Copper Project in Ecuador, aiming to expand its 2.7 million ounce gold equivalent resource ahead of a scoping study. Assay results expected this month could unlock significant resource growth and new exploration avenues.

Yugo Metals has raised $3.5 million through a discounted placement to fund its first-ever diamond drilling program targeting gold anomalies at the Sinjakovo Project, with drilling set to commence in November 2025.

Gibb River Diamonds has inked a significant ore processing agreement with Black Cat Syndicate, advancing mining operations at its Neta Project with first gold sales expected early next year.

Catalyst Metals has received regulatory approval to build an exploration tunnel at its Four Eagles gold project in Victoria, marking a pivotal step toward underground access and resource expansion. The company is advancing its high-grade gold resource with a secured processing facility and plans for further drilling in FY26.

Flynn Gold Limited has successfully raised $5 million through a rights issue and placement, positioning the company to accelerate drilling and exploration across its Tasmanian gold, silver, and critical metals projects.