Latest Resource Development News

Horseshoe Metals has launched a new phase of reverse circulation drilling at its Horseshoe Lights Copper-Gold Project in Western Australia, targeting near-surface copper oxide and gold zones. Concurrently, the company is progressing offtake negotiations with major commodity traders.

Odyssey Gold reports strong progress from its 2025 drilling campaign at the Tuckanarra Gold Project, confirming significant gold mineralisation and highlighting potential resource expansion between the Cable and Bollard pits.

Tamboran Resources has secured a pioneering approval from the Northern Territory Government to sell appraisal gas from its Beetaloo Basin exploration permits, marking a significant step toward local energy supply and revenue generation.

Vanadium Resources Limited has extended the deadline to finalise pricing terms with China Precious Asia Limited, while progressing mining contractor discussions and pit optimisation at its Steelpoortdrift vanadium project.

Redcastle Resources has significantly expanded its exploration footprint in Western Australia’s Leonora–Laverton goldfields through the acquisition of the TBone Belt tenements, adding multiple promising near-surface targets adjacent to its existing projects.

Sunshine Metals has raised $5 million through a placement to fast-track exploration at its Sybil epithermal gold targets and advance the Liontown gold study within its Ravenswood Consolidated Project.

Prospect Resources has identified a significant new shallow copper target at its West Mwombezhi prospect in Zambia, with diamond drilling now underway to test promising early results.

Gateway Mining has appointed seasoned geologist Richard Pugh as CEO, aiming to leverage his deep Yandal Project expertise to fast-track exploration and resource expansion.

Fenix Resources has locked in exclusive 30-year mining rights over a 290 million tonne iron ore resource at the Weld Range Project, significantly extending its mine life and production capacity. This strategic partnership with Sinosteel Midwest and Baowu Steel Group positions Fenix for ambitious growth in Western Australia's Mid-West.

Anson Resources has submitted a permit application for a production-scale disposal well at its Green River Lithium Project, marking a key step toward full-scale lithium production in Utah. This well will support both demonstration and future operations, enhancing geological understanding and resource modeling.

Dynamic Metals has initiated a 13-hole RC drilling program at its Chalice South prospect, targeting gold anomalies identified through advanced 3D modelling along a historically productive corridor.

Yandal Resources has initiated a targeted reverse circulation drilling program at its Arrakis Prospect, aiming to validate and extend promising gold mineralisation identified by recent air-core drilling. Assay results are expected within weeks, potentially shaping the next phase of exploration.