Latest Resource Development News

Chariot Resources, through its U.S. subsidiary FMS Lithium Corporation, has significantly expanded its lithium tenure at the Resurgent project in the McDermitt Caldera, staking 573 new claims and nearly doubling its footprint amid improving lithium market conditions.

Carnaby Resources has solidified its Miniboom Lode discovery with wide, high-grade copper-gold intersections near Mount Hope Central and extended the Trek 1 mineralisation with substantial new drill results, underpinning its mid-year feasibility study and 2026 production target.

Kuniko Limited is set to kick off Phase 2 diamond drilling at its Commonwealth–Silica Hill Project in early July 2026, aiming to extend mineralisation and deliver a resource upgrade by year-end. The move follows a successful Phase 1 campaign that intersected mineralisation in all holes and unveiled a significant new zone at Silica Hill.

Minerals 260 continues to hit high-grade gold intercepts at its Bullabulling Project, underpinning resource upgrades and advancing production readiness ahead of key feasibility milestones.

PolarX Limited confirms multiple exceptional copper assays at its Alaska Range JV, extending mineralisation and kicking off a major 10,000m drilling campaign funded by Northern Star Resources.

Southern Hemisphere Mining has confirmed extensive visible copper sulphide mineralisation down to 256 metres in diamond drilling at its Llahuin project, underpinning the scale potential of this porphyry copper system.

Greenwing Resources has renewed its Que River mining lease through to 2035, solidifying tenure and enabling advancement of its two-stage development strategy focused on mining restart and data infrastructure opportunities.

Caspin Resources has pinpointed a compelling new drill target, the Moss Prospect, just 1km from its Kelpie tin deposit in NSW, with geophysical and geochemical signatures mirroring those of the existing resource. Drilling is set to commence shortly, following ongoing resource expansion work at Kelpie.

Koonenberry Gold’s maiden diamond drilling at Postman’s Gully within the Enmore Project has confirmed substantial gold mineralisation associated with the Borah Fault, revealing promising intersections up to 12m at 1.02g/t Au and extending mineralisation open in multiple directions.

Bellavista Resources kicks off a major drilling campaign targeting a shallow 1 million ounce portion of its 2.8 million ounce gold resource at Pickle Crow, Canada, aiming to unlock open pit mining opportunities amid soaring gold prices.

West Coast Silver has uncovered a significant expansion of silver mineralisation at its Elizabeth Hill Project, with recent drilling extending the known resource 70 metres north and confirming the system remains open at depth and along strike.

Lodestar Minerals (ASX:LSR) confirms large-scale IOCG mineralisation in Chile and high-grade heavy rare earths in the USA, while progressing a 10,000m gold drilling program in Western Australia targeting a maiden resource.