Latest Resource Development News

Gorilla Gold reports a dramatic 340% increase in its Mulwarrie gold resource and ongoing high-grade discoveries at Comet Vale, backed by a $31.7 million capital raise to fuel further exploration.

Waratah Minerals reports significant high-grade gold intercepts extending the Spur Gold Corridor by over 500m, alongside a A$30 million capital raise to accelerate exploration.

African Gold Limited reports robust September quarter results, confirming high-grade gold mineralisation at Blaffo Guetto and advancing exploration at Konahiri North, backed by a $16 million cash boost from a profitable Montage share sale.

Krakatoa Resources has launched a major drilling campaign at its Zopkhito Antimony-Gold Project in Georgia, backed by a $3.1 million capital raise, while also expanding its rare earths landholding in Western Australia.

Platina Resources has accelerated its exploration ambitions in Western Australia's Laverton gold district, acquiring the Mt McKenna Project and entering a conditional agreement for Sunrise Bore, while advancing multiple drilling programs.

Leeuwin Metals reports promising high-grade gold intersections at its Evanston prospect, completing a 5,000m drill program with 31 assays pending, and secures $5.8 million to accelerate exploration at its Marda Gold Project.

Hammer Metals reports promising gold mineralisation at its Yandal Gold Project and defines fresh copper-gold targets at Mount Isa, with multiple funded drilling programs underway.

Cassius Mining Limited reports steady progress on its Soalara Limestone Project joint venture discussions and updates on its international arbitration case against Ghana, while raising $250,000 through share and convertible note issuances.

EverGreen Lithium advances its gold portfolio in Western Australia, securing key projects and preparing for a drilling campaign to upgrade resources. The company’s strategic acquisitions and infrastructure advantages position it for near-term development.

Breakthrough Minerals Limited has resumed trading on the ASX following a pivotal announcement about a new mineral project acquisition and a capital raising initiative.

Peninsula Energy has achieved a significant operational milestone with its first dried yellowcake production at the Lance Uranium Operation, while revising its near-term production guidance and completing a major equity raise to support growth.

Asara Resources has completed a A$25 million placement to accelerate exploration at its flagship Kada Gold Project in Guinea, with initial drilling confirming high-grade gold continuity and new deeper mineralisation zones.