Latest Resource Development News

New Murchison Gold Limited reports a series of high-grade gold intersections from regional drilling across multiple prospects in Western Australia's Abbotts Greenstone Belt, signaling promising growth beyond its flagship Crown Prince Gold Mine.

AuKing Mining has achieved a critical due diligence milestone with Nebari, paving the way for an A$8 million credit facility to accelerate development of its Cloncurry Gold Project in Queensland.

Eclipse Metals is set to launch a diamond drilling program at its Grønnedal Rare Earth Project in Greenland, aiming to expand a substantial rare earth resource. Concurrently, assays reveal promising concentrations of critical minerals rubidium and gallium at Ivigtut, positioning the company strategically within evolving global supply chains.

Sun Silver Limited has confirmed a significant northern extension of mineralisation at its Maverick Springs Project, with drill-hole MR25-212 intercepting 54.1m at 137g/t silver equivalent, including a standout 6.25m at 506g/t AgEq. This reinforces the project's potential for resource growth in one of Nevada's premier silver-gold deposits.

Westgold Resources reports a significant 24% increase in gold Mineral Resources to 16.3 million ounces and a 5% rise in Ore Reserves to 3.5 million ounces, underpinning a decade-long Reserve life with robust milling capacity.

Cauldron Energy has terminated its purchase agreement for river sand leases at Carnarvon and Derby, retaining the Onslow tenements with no further payments required, including cancellation of 2 million shares.

Middle Island Resources is set to transform into a global copper-gold explorer through its acquisition of Serbian company Konstantin Resources, expanding its footprint across two continents with over 9,000 km² of highly prospective land.

Lincoln Minerals has successfully raised $2.25 million through a renounceable entitlement issue and follow-on placement, positioning the company to advance key exploration projects in South Australia’s critical minerals sector.

Terrain Minerals has reported a significant gold intersection of 22 metres at 2.71 g/t from its recent drilling at the Lightning & Monza Gold Prospect, reinforcing its exploration strategy and advancing the project towards a resource estimate.

Chilwa Minerals has verified rare earth elements in its first diamond drill hole at the Mposa anomaly within Malawi’s Chilwa Carbonatite system, marking a significant milestone in its critical minerals exploration program.

Power Minerals has initiated leach testing on high-grade rare earth element samples from its Santa Anna Project in Brazil, aiming to unlock processing pathways and confirm resource potential. Results expected this month will guide further drilling and resource estimation.

Asra Minerals confirms multiple high-grade, near-surface gold intercepts at its Leonora South Gold Project, setting the stage for a maiden resource estimate and further exploration.