Latest Resource Development News

Elixir Energy’s upcoming Lorelle-3 appraisal well in Queensland’s Taroom Trough has qualified for a substantial federal R&D tax incentive, covering nearly half of its drilling and testing costs. This financial boost underpins the company’s ambitious plans to validate a major gas play in 2026.

Dreadnought Resources reports promising early-stage drilling results at Steve’s Reward within its Mangaroon Gold Project, revealing high-grade gold intercepts and complex geology that calls for further diamond drilling.

Antipa Minerals reports robust high-grade gold and copper assay results from its 2025 drilling program at the Minyari Gold-Copper Project, highlighting significant resource growth potential and advancing pre-feasibility study progress.

Terrain Minerals has identified multiple extensive gold targets at its Wildflower prospect through a recent induced polarisation survey, setting the stage for a significant drilling campaign in early 2026.

Power Minerals reports compelling high-grade niobium and rare earth element results from shallow auger drilling at its Santa Anna Project in Brazil, setting the stage for an extensive 10,000m reverse circulation drilling program to define a maiden resource.

Haranga Resources is making significant operational progress at its Lincoln Gold Project in California, moving closer to delivering a JORC-compliant resource estimate through underground drilling and infrastructure upgrades.

Black Canyon Limited has launched a diamond core drilling program at its Wandanya Project to deepen metallurgical understanding of its manganese and iron deposits, aiming to refine processing and product quality ahead of development.

High-Tech Metals has increased its ownership in the Mt Eureka Gold Project to 75%, consolidating its position in Western Australia’s Northern Goldfields and setting the stage for expanded exploration and resource growth.

Savannah Goldfields has resumed gold production at its Georgetown plant, pouring its first doré since early 2024, while preparing to commence mining at Big Reef and expand operations at Agate Creek.

QMines Limited has identified several significant gold targets at its Mount Mackenzie Gold Project through advanced reprocessing of magnetic data, with a maiden drilling program now in progress to test these promising zones.

Argent Minerals is set to commence a significant drilling program targeting silver and gold mineralisation at its flagship Kempfield and Trunkey Creek projects in New South Wales. The campaign aims to expand known resources and explore new zones across multiple high-priority targets.

Pacgold Limited reports compelling gold mineralisation from its 2025 drilling program at the Alice River Gold Project, highlighting the newly defined Kapok Prospect as a high-priority target for follow-up exploration.