Latest Resource Development News

Ballard Mining reports strong infill drilling results at its Baldock gold deposit, confirming and refining a high-grade resource and targeting a maiden reserve by mid-2026. The ongoing program highlights potential resource growth beyond current estimates.

Estrella Resources has reported substantial high-grade supergene manganese intersections at its Ira Miri project in Timor-Leste, highlighting promising mineralisation near key infrastructure. Assay results are pending, but early visual estimates suggest significant resource potential.

Zenith Minerals has completed its 2025 deep diamond drilling program at the Red Mountain Gold Project in Queensland, with priority assay results pending that could redefine the project's potential. Meanwhile, the company expands its exploration footprint and prepares for a major drilling campaign at its Consolidated Dulcie Gold Project in Western Australia.

Vault Minerals projects steady gold production in FY26 with growth through FY28, driven by key plant upgrades and the anticipated restart of Sugar Zone operations. The company plans significant capital and exploration investments while preparing to fully unwind its hedge book.

Yandal Resources has confirmed a significant new gold discovery at its Arrakis Prospect, with recent drilling revealing substantial mineralisation in fresh rock over a 2.2km strike. The results highlight the potential scale of this emerging gold system within the Caladan target area.

Ardea Resources has completed a major infill drilling campaign at its Goongarrie South deposit, confirming premium nickel-cobalt-scandium mineralisation that underpins its Definitive Feasibility Study. The results reinforce the project’s position as Australia’s largest nickel-cobalt resource.

Everlast Minerals Ltd has issued a Replacement Prospectus for a $4-6 million ASX IPO to fund its mineral sands projects in Bangladesh, focusing on advancing the Gaibandha project towards commercial production.

Bass Oil Limited reported a 20% increase in August sales revenue alongside a 3.5% rise in daily production, while progressing regulatory approval for its strategic Vanessa gas field acquisition.

Lightning Minerals has initiated a 1,300m diamond drilling campaign at its newly acquired Mt Turner project in Queensland, targeting high-grade gold and silver mineralisation along the Drummer Fault.

InVert Graphite has appointed Andrew Lawson as Managing Director following his initial CEO tenure, signaling confidence in his leadership as the company advances its critical minerals projects.

Kula Gold has intersected visible gold in quartz reefs during its maiden diamond drilling at the historic Mt Palmer Gold Project, with assay results eagerly awaited. This marks a promising step in the company’s efforts to unlock new high-grade gold resources in a historically rich region.

Equinox Resources has agreed to sell its Alturas Antimony Project in British Columbia to Maxus Mining, freeing up capital and focus for its core iron ore ambitions in Western Australia.