Latest Resource Development News

Hillgrove Resources has reported significant high-grade copper and gold mineralisation extensions at its Nugent deposit within the Kanmantoo Copper Mine, enhancing resource understanding ahead of first production. Ongoing drilling and an updated resource estimate are set to shape the mine’s near-term development.

Core Energy Minerals has confirmed uranium mineralisation at its Cummins Project in South Australia through a maiden aircore drilling program, reinforcing its geological model and setting the stage for targeted follow-up exploration.

Orbminco’s maiden drilling at Majestic North confirms robust shallow gold mineralisation, underpinning its planned acquisition of the project. High-grade intercepts highlight promising exploration upside.

Haranga Resources is set to launch a follow-up 3,000-metre Air Core drilling program at its promising Ibel South Gold Project in Senegal, aiming to extend and infill high-grade gold zones discovered earlier this year. Concurrently, the company advances preparations for maiden drilling at its Lincoln Gold Project in California.

Marvel Gold Limited has significantly increased its landholding in Tanzania’s Iramba-Sekenke Greenstone Belt, acquiring two new prospecting licences and applying for a third, setting the stage for a maiden drilling campaign.

Resolution Minerals Ltd has reported exceptional assay results from its Antimony Ridge Target in Idaho, revealing record-grade antimony, silver, and gold that significantly expand the known mineralised footprint at its Horse Heaven Project.

Forrestania Resources is set to begin a two-phase drilling program at its Hyden Project following regulatory approval and the settlement of legal disputes over tenements.

Belararox Limited has raised A$8.5 million through a two-tranche placement to accelerate copper exploration at its high-potential projects in Botswana and Argentina, setting the stage for a busy drilling and geophysics campaign.

Yari Minerals has raised $1.5 million through a share placement to fund its first drilling campaign at the South Rolleston Coal Project, aiming to upgrade its coal resource classification and confirm metallurgical quality.

Locksley Resources is ramping up its exploration efforts at the Mojave Project in California following a major land acquisition and the discovery of a significant historical mining shaft, signaling new opportunities in critical minerals.

Ausgold Limited is set to embark on a major 44,000-metre drilling campaign at its flagship Katanning Gold Project and surrounding greenstone belts, aiming to boost resources and advance new regional discoveries ahead of a final investment decision in 2026.

QMines Limited has reported strong, continuous high-grade copper-zinc-gold mineralisation from its latest drilling at Sulphide City, reinforcing its development plans for the Develin Creek project.