Latest Resource Development News

Yandal Resources has released first assay results from its maiden diamond drilling program at the Arrakis Prospect, confirming broader and continuous gold mineralisation over a strike length exceeding 2.2km. The findings support a robust geological model and set the stage for expanded exploration in 2026.

Somerset Minerals confirms robust high-grade copper mineralisation at its Jura North prospect within the Coppermine Project, Nunavut, with plans for an aggressive 2026 drilling campaign and regional exploration across its extensive landholding.

West Coast Silver’s latest drilling at Elizabeth Hill confirms additional near-surface silver mineralisation and suggests a larger, vertically continuous system extending below historical workings. Assay results are expected soon, underpinning the project’s significant exploration potential.

VBX Limited reports consistent assay results from 129 infill drill holes at the Wuudagu B bauxite deposit, reinforcing its 2016 resource estimate and paving the way for inclusion in the upcoming definitive feasibility study. The deposit’s proximity to Guy Point offers potential cost savings in haul road construction.

Patriot Resources has secured an 80% interest in two key exploration licences in Zambia’s Mumbwa district, strengthening its foothold in a promising copper region without additional cash outlay.

Advance Metals has kicked off a fully funded diamond drilling campaign at its high-grade Yoquivo Silver-Gold Project in Mexico, aiming to expand and upgrade its resource base. The program targets extensions to existing mineralisation and new high-grade veins, with results expected to reshape the project's outlook by early 2026.

WA1 Resources has secured Major Project Status for its Luni Niobium Project, marking it as a critical national asset with government-backed facilitation for three years.

Kaili Resources has reported significant rare earth element assay results from its recent aircore drilling program in South Australia’s Limestone Coast region, highlighting notable TREO concentrations that suggest strong exploration potential.

Cannindah Resources has reported a standout drill intercept of 120m at 1.16% copper equivalent from near surface at its Mt Cannindah Project, confirming significant resource extensions and high-grade continuity.

Ausmon Resources reports promising rare earth element assay results from its Jabuk Prospect in South Australia, revealing concentrations up to 1,452 ppm TREO. The company plans an extensive grid drilling program to further define this emerging mineralisation.

Strata Minerals is set to begin its first drilling program at the Zelica Gold Project in Western Australia, targeting high-grade shallow gold mineralisation along a 1km strike zone. The company aims to validate historical results and explore near-term mining potential on granted licences.

Aureka Limited has reported exceptional high-grade gold assay results from its St Arnaud Comstock Project, including a record 0.3m intercept grading 109g/t gold, extending mineralisation beyond current resource boundaries.