Latest Resource Development News

Altair Minerals has secured a world-class exploration team led by Pascal Van Osta to advance its Greater Oko gold project in Guyana, with fieldwork set to begin imminently targeting a 10km strike of highly prospective shear zone.

Geopacific Resources has won a crucial extension on its Woodlark Mining Lease in Papua New Guinea, providing vital flexibility to progress its 1.67 million ounce gold project ahead of a definitive feasibility study due later this year.

Morella Corporation has restructured its joint venture with Lithium Corporation, gaining 100% ownership of key Nevada lithium assets and streamlining its exploration portfolio.

Everest Metals has initiated a 2,500m drilling campaign at its Mt Edon project in Western Australia, aiming to upgrade and expand its significant rubidium resource amid rising global demand for this critical mineral.

Elixir Energy reveals a substantial multi-TCF gas resource in Queensland’s Taroom Trough, drawing parallels to Canada’s prolific Montney Basin, and outlines key drilling plans to unlock this critical East Coast energy supply.

Black Cat Syndicate has integrated strong grade-control drilling results from its Fingals deposit into mine plans, with mining set to begin late September 2025. Concurrently, the Lakewood processing plant is undergoing key upgrades to support ongoing production.

AuMEGA Metals has reported significant progress at its Cape Ray Project, extending gold mineralisation at the Central Zone and completing its largest-ever exploration program. The company is well-funded and poised for resource growth.

McLaren Minerals reports continued high-grade assay results confirming a significant northern extension to its McLaren Titanium Project resource, underpinning an upcoming resource upgrade and prefeasibility study.

Marmota Limited's maiden drilling at Greenewood delivers impressive near-surface gold intersections, reinforcing the project's potential within South Australia's Gawler Craton gold belt.

Blue Energy’s subsidiary Eureka Petroleum has been granted a 20-year production licence for the Sapphire gas project, enabling development of substantial certified gas reserves adjacent to existing infrastructure.

Beacon Minerals has secured critical regulatory approvals for the Iguana Deposit, setting the stage for mining operations and a comprehensive five-year resource development strategy.

Terra Uranium Limited has reported new high-grade silver surface samples at its Castle Rag project in NSW, with assays reaching 941 grams per tonne. These findings reinforce the project's potential, building on previous high-grade results and historic production.