Latest Resource Development News

Talonx Resources has confirmed exceptional high-grade gold intercepts at its Viking Gold Project, including 4m at 22.1g/t and 2m at 42.4g/t from drillhole 26VKRC010, with mineralisation open along multiple directions and follow-up drilling scheduled.

Corazon Mining has transformed its Western Australian gold portfolio by securing the Chalice Gold Project for A$25.7 million, backed by a $16.5 million capital raise and Westgold's strategic 19.9% stake. Early drilling success at Two Pools and new targets at Feather Cap set the stage for an active exploration push.

Leeuwin Metals has secured a key mining lease at Evanston, placing all its Marda Gold Project resources on granted leases, while promising drill results and a strategic collaboration set the stage for resource expansion and project development.

Forrestania Resources has raised $310 million and agreed to acquire the Edna May Gold Project for $300 million, aiming to establish a second production hub and accelerate its growth into a mid-tier Australian gold producer.

Iltani Resources has unveiled striking high-grade silver-indium-lead-zinc intercepts from its latest drilling at the Orient Silver-Indium Project, reinforcing the scale and quality of Australia's largest known silver-indium deposit.

Loyal Metals has secured full ownership of the Highway Reward Copper-Gold Mine and progressed its North American lithium projects, while moving forward with a A$79.1 million cash takeover by PT Bumi Resources.

Australian Oil Company Limited has successfully reactivated its Emu Apple-1 well, restoring production to pre-intervention levels, while advancing preparations to restart gas production at Major-4 in the Surat Basin.

Southern Cross Gold’s latest drill results from Sunday Creek reveal a 481-metre continuous gold zone connecting the Christina prospect to Golden Dyke and extending into Rising Sun, including multiple high-grade hits up to 496 g/t gold.

Barton Gold’s June quarter report highlights exceptional high-grade gold and silver assay results across its South Australian projects, backed by a $26 million institutional placement that strengthens its cash position and development outlook.

King River Resources has accelerated exploration at Mindoolah, completing detailed LiDAR volumetric modelling, a UAV magnetic survey, and systematic RC drilling of historical stockpiles ahead of schedule, revealing significant unreported gold material.

Kaiser Reef’s recent infill soil survey at the Maldon Gold Project reveals robust gold and arsenic anomalies, underpinning district-scale potential and setting the stage for targeted drilling following an airborne magnetic survey.

American Uranium Limited (ASX: AMU) advanced its Lo Herma ISR uranium project in the June 2026 quarter, completing a $2.64 million placement, delivering promising drilling outcomes, and preparing for large-scale pump testing ahead of a Q3 resource update.