Latest Resource Development News

Nimy Resources has initiated a $2.5 million Share Purchase Plan offering eligible shareholders shares at a 15.28% discount, aiming to fund key resource projects and working capital.

Great Boulder Resources has raised $5 million through a strategic placement led by Tribeca Investment Partners, positioning the company to accelerate exploration and target a one million ounce gold resource at its Side Well project.

Hot Chili Limited has initiated a second phase of diamond drilling at its La Verde copper-gold porphyry discovery in Chile, aiming to significantly enlarge the known mineralised footprint. This follows a successful initial drilling campaign that confirmed substantial copper mineralisation open at depth and laterally.

Solstice Minerals has expanded its Yarri Gold Project tenure by securing new exploration licences over three advanced gold prospects with significant historical drill results, enhancing its regional footprint alongside ongoing drilling at key targets.

Bubalus Resources has initiated a maiden drilling program at its promising Crosbie North gold-antimony project, located just 15 km from the renowned Fosterville Gold Mine. The program targets strong geophysical anomalies and high-grade surface samples, with assay results expected by November 2025.

Albion Resources has reported strong assay results from its Yandal West Gold Project, confirming high-grade gold mineralisation at the Barwidgee Prospect and outlining a clear path for further exploration.

Somerset Minerals reports strong visual copper mineralisation from its Phase-2 drilling at the Coppermine Project, Nunavut, with assays pending. Concurrent geophysical and geochemical surveys aim to unlock multiple copper discoveries across its extensive landholding.

Tempest Minerals has launched an auger sampling program at its Range Project in Western Australia, complementing imminent reverse circulation drilling targeting promising gold zones. This marks a significant step in refining drill targets following encouraging rock chip results.

Platina Resources has secured cultural heritage clearance to begin a 12-month exploration program at its Mt McKenna Gold Project in Western Australia’s prolific Eastern Goldfields, targeting promising gold anomalies with drilling set for November.

Morella Corporation has expanded its critical minerals portfolio by acquiring the Dixon Well Project in Western Australia, confirming significant titanium mineralisation with assays up to 17.0% TiO2. This move diversifies Morella’s assets beyond lithium and rubidium into a mineral critical for aerospace and defence industries.

North Stawell Minerals (ASX – NSM) advances drilling at its North Stawell Gold Project, revealing promising high-grade gold intercepts and a robust exploration pipeline near the historic Stawell mine.

Yandal Resources has reported significant new reverse circulation drilling results at its Arrakis Prospect, extending the gold mineralisation by 400 metres and confirming continuity over a 2.2km strike. Follow-up diamond drilling and heritage surveys are set to further define this promising discovery in Western Australia.