Latest Resource Development News

Podium Minerals has reported a significant metallurgical breakthrough at its Parks Reef project, achieving a 40% uplift in platinum group metal grades and strong recovery rates using a new concentrator flowsheet on high-grade hanging wall material.

TechGen Metals reports significant copper mineralisation intersected in recent drilling at its Mt Boggola Project, with assays for gold and silver eagerly awaited. The discovery highlights promising targets within a largely unexplored magnetic intrusion zone.

Lachlan Star Limited confirms significant high-grade gold mineralisation at its New Waverley Gold Project in Western Australia, with diamond drilling set to begin mid-March to expand on promising historical intercepts.

Nordic Resources has reported final assay results from its 2025 drilling program at the Kopsa gold-copper project, revealing significant extensions of mineralisation beyond current resource boundaries. The company plans further drilling and an updated resource estimate in 2026.

Carnavale Resources has completed critical drilling programs at its Kookynie Gold Project, pushing the Bankable Feasibility Study (BFS) forward and targeting a shovel-ready status by Q3 2026. The work upgrades resource confidence and supports detailed metallurgical and geotechnical studies.

NexGen Energy has received the last federal approval needed to start construction on its Rook I uranium project in Saskatchewan, set to become the globe’s largest and most environmentally advanced uranium mine.

Golden Mile Resources has raised $730,000 through a discounted private placement to fund accelerated exploration at its promising Aurora and Yuinmery gold projects.

Kaili Resources has reported promising laboratory assay results from its recent aircore drilling program targeting rare earth elements in South Australia’s Mallee Project. The findings highlight significant Total Rare Earth Oxide concentrations, particularly within the Coodalya tenement, supporting plans for expanded drilling.

Black Bear Minerals has reported significant high-grade silver intercepts outside the existing Mineral Resource Estimate at its Shafter Silver Project in Texas, signalling potential for resource expansion and enhanced polymetallic value.

Tali Resources has unveiled three fresh copper and critical mineral prospects at its West Arunta Project, signalling a significant expansion of its exploration pipeline in Western Australia. The company is gearing up for a 2026 drilling campaign to test these promising targets.

Metal Hawk Limited has kicked off a significant reverse circulation drilling campaign at its Leinster South Project, targeting promising gold zones along a key geological contact. The program aims to build on recent high-grade intercepts and explore new ground in Western Australia’s Agnew-Lawlers region.

Elixir Energy has begun mobilisation for a three-week 2D seismic campaign across its highly prospective acreage in Queensland’s Taroom Trough, aiming to advance gas resource appraisal and meet farm-in commitments with Santos.