Latest Resource Development News

Meeka Metals has reported significant shallow high-grade gold intercepts at its Andy Well underground mine, extending the Wilber lode strike by approximately 450 metres south and highlighting potential for resource growth within 200 metres depth.

Manuka Resources has revised its exploration target disclosures to comply with JORC standards and announced an accelerated gold drilling program targeting extensions at Mt Boppy and shallow mineralisation at Pipeline Ridge, with results expected early 2026.

Australian Gold and Copper Ltd has reported compelling high-grade gold and silver mineralisation near surface at its Achilles deposit in NSW, highlighting a 150m long oxide zone with promising exploration upside.

Bass Oil Limited reported a 32% jump in October sales revenue alongside a 4% rise in daily production, while advancing its strategic Vanessa gas field acquisition targeting first gas sales in the second half of 2026.

American Uranium Limited has initiated hydrogeological testing alongside Phase 1 drilling at its Lo Herma ISR uranium project, aiming to expand its resource and validate aquifer conditions critical for in-situ recovery mining.

American Uranium Limited has initiated hydrogeological testing alongside resource drilling at its Lo Herma ISR uranium project, aiming to expand its resource base and support upcoming feasibility studies.

Alma Metals reports promising assay results from the top 231m of its deepest drill hole at the Briggs Copper Project, confirming continuous copper mineralisation and prompting an extension of the drilling program.

Silver Mines Limited has announced its best-ever mineralised diamond drill intercept at the Bowdens Silver Deposit, hitting 116 metres at 245g/t silver and significantly surpassing previous records. This breakthrough validates Bowdens as one of Australia’s premier undeveloped silver projects amid a backdrop of soaring silver prices.

Prospect Resources has identified 11 strong electromagnetic conductors at its Mumbezhi Copper Project in Zambia, highlighting promising new exploration targets including the 2.5km Chipimpa cluster. With Phase 2 drilling complete and assay results pending, the company aims to update its Mineral Resource estimate in early 2026.

Albion Resources has identified a compelling geophysical and geochemical anomaly at its Ives North prospect, setting the stage for a high-priority drilling campaign in early 2026. The untested target lies near previous high-grade gold intercepts, promising significant exploration upside.

Robex Resources has completed Phase 1 grade control drilling at the Sabali South deposit within its Kiniero Gold Project, revealing stronger mineralisation and higher contained gold ounces than previous models. The company remains on track for first gold production in Q4 2025.

Canterbury Resources reports encouraging initial assay results from deep drilling at its Briggs copper deposit, confirming robust mineralisation and extending exploration potential. Further results and drilling progress are set to shape the project's next phase.