Latest Resource Development News

Maronan Metals has raised $16 million through a well-supported institutional placement and launched a $3 million Share Purchase Plan to fund development of its high-grade silver-lead and copper-gold project in Queensland.

HyTerra Limited reports encouraging hydrogen and helium gas flows from its McCoy 1 well in Kansas, setting the stage for a production test in 2026.

Savannah Goldfields reports promising high-grade gold assay results from its latest drilling campaign at Big Reef Extended, reinforcing the Georgetown Project’s near-term mining potential.

Greenwing Resources has unveiled a scoping study for its Que River polymetallic project in Tasmania, outlining a low capital expenditure route to potentially generate A$63 million in cash flow within a year. The study leverages existing infrastructure and highlights significant exploration upside beneath existing pits.

First Au Limited’s initial drilling results at the Nimba Gold Project in Liberia reveal broad zones of gold mineralisation, validating geological models and hinting at significant resource potential.

Capstone Copper reports promising Phase 1 drilling outcomes at its Mantoverde mine in Chile, revealing higher-than-expected copper grades and confirming mineral continuity. The company plans an ambitious Phase 2 drill program targeting resource growth in the northern corridor.

Saturn Metals has upgraded its Apollo Hill gold resource to 2.24 million ounces with 82% now in higher-confidence categories, while successfully raising $45 million to advance development.

Strickland Metals has reported a significant shallow copper-gold intercept at its Copper Canyon Deposit in Serbia, highlighting the deposit’s growing importance within the Rogozna Project. The company’s ongoing drilling campaign aims to expand resources and advance development plans.

LinQ Minerals reports standout maiden drilling results at its Gidginbung Gold Project, revealing significant high-grade gold and copper mineralisation that could reshape the Gilmore Project’s prospects.

Ariana Resources has commenced heap-leach operations at its Tavşan Mine in Türkiye, marking a significant step toward sustained gold production and enhanced revenue streams.

Belararox Limited advances its maiden drilling campaign at Botswana’s Kalahari Copper Project, intersecting key geological contacts earlier than expected and optimizing operations with additional rigs.

Zenith Minerals confirms a substantial and continuous gold mineralisation system at Red Mountain, Queensland, with new diamond drilling results revealing significant depth and high-grade zones. A follow-up RC drilling program is set to further delineate the system’s lateral extent and target its high-grade core.