Latest Resource Development News

Charger Metals has completed over 3,000 metres of drilling at its Lake Johnston project, targeting extensions to both its lithium resource and a promising high-grade gold discovery, with assay results pending.

Unico Silver Limited reports compelling high-grade gold-silver assay results from its Joaquin Project, confirming new shallow oxide mineralisation at Breccia Puntudo and extending mineralisation at La Negra SE beyond current resource boundaries.

Temas Resources has reported significant assay results from its 2025 drilling at the La Blache Project, revealing thick zones rich in gallium, scandium, and chromium alongside titanium, vanadium, and iron. The company’s proprietary RCL technology promises to unlock additional value from this multi-element mineralisation.

Sunshine Metals has launched a significant resource definition drilling program at its high-grade Liontown Gold Panel, aiming to bolster underground mining prospects and update resource estimates.

GoldArc Resources has kicked off two major drilling campaigns at its Leonora South Gold Project, aiming to expand and de-risk its existing gold resource base through a strategic partnership and innovative funding model.

Ora Banda Mining has significantly expanded its Little Gem gold prospect, discovering a new mineralised Sapphire Trend and extending known mineralisation over 1,500 metres strike and 750 metres depth. High-grade drill results underpin expectations for a maiden resource estimate later this year.

Marimaca Copper reports significant high-grade copper and silver intersections from step-out drilling at Pampa Medina, setting the stage for a major 2026 drilling expansion.

Neometals has secured a 30-day extension to its exclusivity period with BML Ventures for the Ironclad Deposit development, allowing both parties to finalise due diligence and internal studies ahead of a joint venture agreement.

Evolution Energy Minerals has successfully closed an oversubscribed $4 million rights issue, supplemented by a $150,000 follow-on placement, bolstering funds for key exploration and development projects.

Brazilian Rare Earths (ASX: BRE) has significantly expanded its Sulista Rare Earth District in Bahia, Brazil, extending the strike length from over 10 km to more than 17 km with multiple high-grade mineralised corridors. The latest drilling results underpin a maiden JORC Mineral Resource Estimate expected mid-2026 and support BRE’s strategic hub-and-spoke development plan.

Odyssey Gold Limited has reported promising assay results from metallurgical drillholes at its Tuckanarra Project, highlighting significant gold grades that surpass historic drilling. These findings underpin ongoing mining proposals and future resource upgrades.

Vertex Minerals has renegotiated a $3 million loan and secured an additional $1.5 million facility to support underground development and gold production at its Reward Gold Mine, aiming to repay from positive cash flow in 2026.