Latest Resource Development News

Besra Gold Inc reveals significant challenges at its Bau Gold Project, including mining lease renewal uncertainty and a reduction in measured gold resources, prompting a strategic pivot to government and community engagement before advancing development.

AusQuest has secured permits to launch a major drilling campaign at its Cangallo copper-gold project in Peru, aiming to pinpoint the porphyry system’s core and potentially double resource size.

Alma Metals has completed a positive Scoping Study for its Briggs copper project in Central Queensland, confirming the technical and economic potential for large-scale open pit mining. The company is now moving swiftly into prefeasibility studies to refine resource confidence and optimise project design.

Temas Resources has completed 1,000m of a 2,500m diamond drilling program at its La Blache project in Quebec, targeting expansion of titanium and critical minerals resources. Early signs of gallium and scandium add to the project's potential value.

Far East Gold Limited has identified several new high-grade gold mineralisation zones across its Idenburg Project in Indonesia, with assays reaching up to 22.1 g/t Au. These findings reinforce the district-scale potential and support ongoing drilling efforts.

Altair Minerals has formally opposed BHP’s plans to use its Olympic Domain Project area for infrastructure, leading to a court-ordered mediation ahead of a December hearing.

Coda Minerals reports steady progress in its diamond drilling program at Elizabeth Creek, confirming geological models and underpinning a robust $1.3 billion pre-feasibility study valuation. The ongoing work supports future development with promising upside from current copper and silver prices.

Kula Gold has validated the North Yilgarn Star Prospect at its Mt Palmer project, spotlighting a historic drill hole with 5m at 6.80g/t gold and strong soil anomalies. The company prioritizes this target for follow-up exploration amid ongoing drilling campaigns.

Ariana Resources reports strong assay results from its latest drilling at Tavsan Mine, confirming mineralisation beyond current resource boundaries and setting the stage for a resource update in 2026.

Lodestar Minerals has reported exceptional high-grade gold assay results from its Ned’s Creek project in Western Australia, including a standout 1m intercept grading 49.6 grams per tonne. These findings upgrade previous data and set the stage for targeted drilling in early 2026.

West Coast Silver has launched a 2,500m aircore drilling campaign at its Elizabeth Hill Silver Project, aiming to expand high-grade silver zones near the historic mine and along the Munni Munni fault. This follows a recent diamond drilling phase that intersected visible native silver, with assay results pending.

Elixir Energy advances its dominant position in Queensland’s Taroom Trough with a major drilling campaign set for early 2026, aiming to address looming East Coast gas shortages. The company’s extensive acreage and certified resources position it as a key player in Australia’s energy future.