Latest Resource Development News

Wildcat Resources has reported significant extensions of lithium-bearing pegmatites at its Bolt Cutter Central discovery near Tabba Tabba, with diamond drilling revealing mineralisation over 700 metres down dip. Follow-up drilling and assays are underway, highlighting the project's growing potential.

Helix Resources has successfully raised close to $2 million through an oversubscribed rights issue and a follow-on placement, positioning the company to accelerate drilling and resource estimation at its White Hills and Gold Basin projects.

Helios Energy has pinpointed a high-potential unconventional sweet spot alongside multiple conventional oil and gas targets within its Presidio Project, setting the stage for near-term drilling and potential value re-rating.

EV Resources has raised up to A$5.5 million through a share placement to accelerate development of its Los Lirios and Dollar Antimony Projects, backed by a strategic partnership with Locksley Resources.

PhosCo’s maiden drilling at the KM prospect within Tunisia’s Gasaat Phosphate Project reveals record-thick phosphate layers near the proposed plant site, suggesting a faster route to production and improved project economics.

Augustus Minerals has raised $1.675 million through a placement to fund maiden drilling at its Music Well gold targets and advance the Mt Kare project application. The capital boost positions the company with nearly $2.75 million in cash to accelerate exploration activities through 2025.

QMines Limited reports a significant increase in optimised open pit material at its Develin Creek project, confirming 930,000 tonnes at 1.73% copper equivalent from the Scorpion-Window deposit. Combined with Mt Chalmers and Mt Mackenzie, total optimised material rises to 13.6 million tonnes, advancing the company’s central Queensland copper-gold strategy.

Waratah Minerals has extended gold mineralisation by 160 metres in both directions at the Consols Zone within its Spur Gold Corridor, revealing promising high-grade intercepts. The company is accelerating drilling efforts and adopting new assay technology to fast-track exploration.

St George Mining has formed a strategic alliance with US-based REAlloys Inc to advance the commercialisation of rare earths from the Araxá Project in Brazil, positioning itself within the growing US rare earths supply chain.

Catalyst Metals Limited has doubled its gold reserves to 1.5 million ounces as of June 2025, setting the stage to ramp up production to 200,000 ounces per year over the next decade.

Superior Resources reports exceptional copper-gold-silver assay results up to 46.5% Cu from its Greenvale Project, confirming Halls Reward and Telegraph as priority high-grade targets. Follow-up exploration is set to unlock further potential.

Haranga Resources’ maiden drilling at the Ibel South Gold Project in Senegal reveals broad, shallow, and high-grade gold mineralisation, confirming promising potential over a 700m strike length. The results set the stage for further exploration and resource definition.