Latest Resource Development News

Mammoth Minerals has confirmed significant shallow gold mineralisation extending 700 metres along the Buster trend at its Excelsior Gold-Silver Project in Nevada, signalling potential for a larger Carlin-type gold system. Drilling has now shifted to the high-grade Blue Dick Silver Prospect with results expected soon.

Sarytogan Graphite Limited has revealed promising copper porphyry mineralisation at its Ilksan prospect in Kazakhstan, intersecting 229 metres at 0.14% copper including higher-grade zones. The results suggest proximity to a high-grade deposit, with further drill results pending.

Lachlan Star’s latest drilling at New Waverley delivers multiple shallow, high-grade gold intercepts, reinforcing a significant emerging discovery in Western Australia’s Norseman district.

Dreadnought Resources has identified a substantial 15-kilometre gold-in-soil anomaly along the Minga Bar shear at its Mangaroon Gold Project, extending known mineralisation zones and setting the stage for targeted drilling by early 2027.

Austral Resources has locked in a binding agreement to acquire Hammer Metals, offering a 70.6% premium and creating a stronger Queensland copper entity with significant resource and exploration potential.

Beacon Minerals has delivered robust diamond drilling results at its Iguana deposit, confirming significant high-grade gold mineralisation and enhancing the geological model ahead of a resource update planned for Q1 FY26/27.

Kuniko Limited has fast-tracked its earn-in to a 51% interest in Impact Minerals’ Commonwealth-Silica Hill project, hitting the milestone a full year ahead of schedule after $1.5 million in exploration spend.

Horseshoe Metals has outlined a substantial copper Exploration Target of 20–30 million tonnes at its Horseshoe Lights Project, complementing an existing 12.85Mt resource, while gearing up for near-term Direct Shipping Ore operations.

Aureka Limited has reported multiple visible gold intercepts near surface in diamond drill hole NED035 at its Comstock Project Walkers Zone, reinforcing the prospect’s high-grade potential ahead of first production. Assay results are pending as infill drilling continues to support resource upgrade plans.

Augustus Minerals has unveiled high-grade gold assays up to 19.5g/t from its June drilling at the Music Well Gold Project, setting the stage for targeted follow-up drilling to explore higher-grade vein zones.

Altoro Metals has reported outstanding high-grade zinc results from systematic channel sampling at the historic Emilia mine in Spain, reinforcing the potential for resource expansion along the Novales zinc trend ahead of a planned drilling campaign.

Core Lithium has delivered high-grade lithium intersections at BP33, reinforcing the deposit's scale and underground mining potential with ongoing drilling set to expand resources further.