Latest Resource Development News

GBM Resources has regained 100% ownership of the Mt Coolon Gold Project after Newmont's exit, consolidating its position in Queensland's Drummond Basin with a substantial gold resource and promising exploration targets.

Future Battery Minerals has revealed strong gold anomalism at its Canyon prospect within the Miriam Project, identifying a significant mineralised shear zone and expanding its Phase 2 drilling plans.

Invictus Energy has extended its Exclusive Prospecting Orders in Zimbabwe’s Cabora Bassa Basin for another three years, setting the stage for a high-impact exploration campaign including the Musuma-1 well targeting substantial gas and condensate resources.

Infini Resources has initiated its Phase 2 diamond drilling campaign at the Portland Creek Uranium Project in Newfoundland, targeting multiple high-grade uranium anomalies within a 6-kilometre corridor. The company aims to refine its exploration model and potentially unlock a significant uranium discovery.

Infini Resources Limited has launched a A$3 million flow-through share offer targeting its Canadian uranium projects, aiming to advance exploration amid regulatory and financing challenges.

St Barbara Limited has withdrawn its Supreme Court appeal over reclamation conditions at the Touquoy Mine, citing improved regulatory cooperation in Nova Scotia, and is now investigating reopening the mine to process 3.1 million tonnes of low and medium grade gold stockpiles.

Hammer Metals has reported promising high-grade gold assays from its Bronzewing South Project near the historic Bronzewing Mine, signalling potential for a significant new gold discovery in Western Australia.

BPM Minerals has secured a Heritage Agreement with traditional owners at its Forelands Gold Project, clearing the way for a maiden drilling program targeting high-grade gold prospects. The company’s strengthened balance sheet and expert team set the stage for a promising exploration phase.

Nordic Resources has identified compelling new exploration targets at its Kopsa Gold-Copper Project in Finland through a detailed ground magnetic survey, with drilling underway to test these promising zones.

Benz Mining Corp reported a CAD 3.58 million net loss for Q1 2025, driven by ramped-up exploration at its newly acquired Western Australian gold projects. The company bolstered its cash position with a CAD 27 million private placement post-period, aiming to fuel further resource growth.

Stavely Minerals highlights significant progress in its Stavely Project with robust drill results and promising gold and copper-gold-silver resources. The company’s strategic focus on expanding gold discoveries at multiple prospects signals potential growth in a fertile volcanic belt.

Astute Metals NL has initiated an eight-hole drilling campaign at its Needles Gold-Silver Project in Nevada, targeting six promising epithermal gold-silver prospects with historical high-grade assays. The campaign aims to unlock new discoveries ahead of a maiden resource estimate planned for year-end.