Latest Resource Development News

Brightstar Resources has reported promising high-grade drilling results at its Second Fortune and Fish gold mines, indicating potential extensions to mine life and new ore sources for its planned Laverton mill.

Leeuwin Metals has reported further shallow gold intercepts along a 1.6km strike at its Evanston trend within the Marda Gold Project, Western Australia, alongside new electromagnetic anomalies suggesting deeper mineralisation. A major drilling campaign is set to begin this month, underpinning plans for a maiden resource estimate.

Yandal Resources has finalised the sale of its Gordons Gold Project tenement, receiving $2.81 million in combined cash and shares, and raised additional funds to strengthen its balance sheet to approximately $18 million. This financial boost positions the company to accelerate exploration activities across its Western Australian gold portfolio in 2026.

Stellar Resources has raised $9 million through a share placement to advance development at its high-grade Heemskirk Tin Project in Tasmania, bolstered by strong investor demand amid rising tin prices.

Verity Resources has identified a compelling new gold target at its Monument Gold Project in Western Australia through a recent geophysical survey, with drilling set to commence imminently.

Charger Metals has launched a fresh reverse circulation drilling campaign at its Lake Johnston project, targeting overlooked gold and lithium zones with backing from Rio Tinto Exploration. Historic gold intercepts at the Richard Gold Prospect are now being revisited after a decade-long hiatus.

Krakatoa Resources reports significant progress in drilling at its Zopkhito Antimony-Gold Project in Georgia, with most holes intersecting visible antimony mineralisation. Assay results are eagerly awaited to validate historical resource estimates and support a maiden JORC-compliant Mineral Resource.

DeSoto Resources has completed extensive drilling and sampling programs across its Guinea and Northern Territory projects, with assay results pending and new exploration permits approved to expand its footprint in the Siguiri Basin.

Javelin Minerals is set to begin diamond drilling at its Eureka Gold Project in Western Australia this November, paving the way for mining operations scheduled for mid-2026. The campaign aims to refine resource estimates and unlock high-grade extensions, supported by secured financing and partnerships.

African Gold Limited has exercised its option to acquire an 80% interest in Kouroufaba Gold Limited, significantly expanding its exploration portfolio across 1,428 square kilometres in Côte d’Ivoire’s Birimian greenstone belts.

Catalyst Metals has settled a legal dispute by acquiring the remaining 49% interest in the Tandarra Gold Project, consolidating its Victorian gold assets and streamlining management. This move supports Catalyst's strategy to expand high-grade gold resources in the prolific Bendigo Gold Belt.

Pacgold Limited has delineated multiple high-grade gold and antimony zones over a 5km strike at its St George Project in northeast Queensland, with first pass RC drilling set to commence imminently.