Latest Resource Development News

Nordic Resources has raised A$1.75 million through a strategic placement with Australian resource funds to advance exploration and development of its Finnish gold projects, including the sizeable Kopsa deposit.

Infini Resources has identified visible uraninite at its Reitenbach Lake project and confirmed widespread radiometric anomalies at Reynolds Lake, advancing its uranium exploration in Saskatchewan. Assay results expected in Q4 2025 will guide a potential drilling campaign in 2026.

EV Resources is rapidly progressing its Los Lirios Antimony Project in Mexico, defining drill-ready targets ahead of a maiden drilling campaign amid growing global demand for critical minerals.

Impact Minerals has partnered with Kuniko Limited, granting them the right to earn up to 70% of the Commonwealth gold-silver project in NSW’s Lachlan Fold Belt through a $3 million exploration commitment over four years.

Litchfield Minerals has confirmed a continuous mineralised strike of over 3km at its Oonagalabi Formation, revealing new copper, zinc, and silver zones. Upcoming drilling and geophysical surveys aim to test the system’s extensions and depth potential.

Kalgoorlie Gold Mining has secured $2.3 million through strong option exercises, boosting its cash reserves to $5 million and enabling an expanded drilling campaign at its Pinjin Gold Project.

Gorilla Gold has reported compelling high-grade drill results at its Mulwarrie Gold Project in Western Australia, setting the stage for an ambitious resource expansion drilling campaign starting November 2025.

Iceni Gold has reported a significant new gold intersection hosted in basalt at its Guyer project, expanding the known mineralised footprint beneath transported cover. This discovery emerges from a major drilling campaign within its 14 Mile Well Gold Project.

Caravel Minerals has taken a major step forward by securing a preliminary grid connection offer from Western Power, paving the way for reliable, low-cost power at its Caravel Copper Project.

American Uranium Limited confirms the start of phase one resource drilling at its Lo Herma uranium project in the U.S. this October, aiming to grow its mineral resource and support a 2026 scoping study update.

AuMEGA Metals has identified a significant new electromagnetic anomaly near its Central Zone deposits at the Cape Ray project, setting the stage for a fully funded drilling campaign in late 2025.

Saturn Metals has raised $45 million through a share placement to accelerate exploration and development at its Apollo Hill Gold Project in Western Australia, aiming for key feasibility milestones by 2026.