Latest Resource Development News

Santana Minerals has expanded the high-grade gold footprint at its Rise and Shine deposit, delivering strong drill results featuring visible coarse gold that reinforce the deposit’s underground mining potential.

Ballard Mining reports strong progress on its Phase 1 infill drilling at the Baldock gold deposit, confirming high-grade gold intersections and advancing towards a maiden Ore Reserve by mid-2026.

True North Copper has announced a major breakthrough at its Mt Oxide Project, hitting a standout 7 meters at 7.9% copper at the Aquila Prospect, extending the mineralised strike to over 700 meters and confirming a robust copper-cobalt-silver system.

Resolute Mining has announced an initial Mineral Resource Estimate at its La Debo Project in Côte d’Ivoire, revealing 643,000 ounces of contained gold, 60% higher than previous figures. This milestone underscores the company's growing footprint in West Africa and sets the stage for further exploration and development.

Podium Minerals has kicked off a comprehensive drilling campaign at its Parks Reef Platinum Group Metals Project, aiming to advance metallurgical testing and deepen resource insights. This move supports the company’s innovative Concentrator flowsheet development amid a tightening global PGM market.

Magmatic Resources has launched a $3.5 million exploration drilling program at its Myall FJVA Project in partnership with Fortescue, targeting promising gold-copper porphyry deposits. The program includes both aircore and diamond drilling, alongside a geophysical survey, with initial results expected in early 2026.

Bubalus Resources has completed maiden drilling at its Crosbie North and South gold projects, submitting core samples for assay with results expected in December. The company also secured a drill rig for Avon Plains and extended its Syndicate Minerals option agreement to 2026.

Australian Gold and Copper Ltd has reported significant mineralisation from a 2,131m drilling program along a 6km stretch of the Achilles Shear Zone at its South Cobar Project, NSW, confirming promising exploration upside near the Achilles deposit.

African Gold Limited reports significant resource growth at its Blaffo Guetto deposit in Côte d’Ivoire, with new drilling and metallurgical tests confirming a robust, continuous gold system. The company is well-funded to advance development studies targeting a resource update in early 2026.

American West Metals has identified a major new copper anomaly named Chevron at its Storm Copper Project in Nunavut, Canada, alongside promising drilling results at Squall and Tornado prospects.

Critica Limited confirms gallium as a valuable by-product within its 1.8 billion tonnes Jupiter rare earth resource, achieving a 63% recovery rate in its existing beneficiation flowsheet without altering project scope.

Sunshine Metals has reported compelling final assay results from its recent diamond drilling program at the Sybil project, confirming significant high-grade gold mineralisation and paving the way for expanded exploration in early 2026.