Latest Resource Development News

Lac Gold has reported standout high-grade gold intersections at its Astoria deposit within the Rouyn Gold Project, including a blistering 0.5m intercept grading 1,580g/t Au. These results underpin a structurally complex, large-scale orogenic system and come as Phase 2 drilling ramps up.

Burley Minerals is set to commence a heritage survey ahead of a major reverse circulation drilling campaign targeting over 290 hectares of Channel Iron Deposit at Cane Bore, aiming to define a significant inferred iron ore resource in Western Australia’s Pilbara region.

Dart Mining has unveiled robust assay results from diamond drilling at the Banshee prospect, confirming high-grade gold, silver, and antimony mineralisation over a 500m strike. The findings reinforce the potential for resource growth and support plans to increase Dart's stake in the Coonambula project.

Nexus Minerals has reported robust gold assay results from its Wallbrook Gold Project, with the Payns Prospect delivering continuous mineralisation including grades up to 19.00g/t Au. The ongoing drilling program is on track to expand the project's resource base ahead of a September update.

Advance Metals has reported a substantial silver intercept in its maiden diamond drill hole at the Gavilanes Project in Mexico, underlining the potential to upgrade its resource estimate later this year.

Bayan Mining has kicked off its first-ever drilling campaign at the Desert Star Rare Earth Project in California, aiming to test promising high-grade surface mineralisation and geophysical targets near the Mountain Pass mine.

Elixir Energy has kicked off the stimulation and testing phase at its Lorelle-3H appraisal well, aiming to validate commercial gas and condensate flow rates from Queensland’s Taroom Trough basin-centred gas play.

DPM Metals has revealed a major new gold-copper porphyry discovery at its Brevene South Porphyry target adjacent to the Chelopech mine, with drill results showing broad intervals of high-grade mineralization and plans for an intensive follow-up drilling campaign.

FireFly Metals secures ATO Class Ruling confirming its in-specie distribution of Bellavista shares as a capital return, not a dividend, clarifying tax treatment for Australian shareholders.

Strata Minerals has delivered a standout 94% hit rate in its Phase 2 drilling at the Zelica Gold Project, confirming extensive high-grade gold mineralisation and securing a development partnership to fast-track production.

Lightning Minerals has locked in A$1.85 million through a two-tranche placement to accelerate drilling and exploration at its Mt Turner Gold Project, underpinning its strategic pivot to gold-led growth.

Caspin Resources has identified a significant new tin mineralised zone, the Errol’s Fault Zone, outside the existing resource at its Kelpie Deposit. Early drilling shows promising grades and thickness, with follow-up work underway to define extensions.