Latest Resource Development News

Reach Resources has made significant progress at its Murchison South Gold Project, confirming high gold recovery rates and preparing for an extensive drilling campaign to upgrade resource confidence.

Horseshoe Metals reports encouraging RC drilling results at its Horseshoe Lights Copper-Gold Project, confirming wide zones of near-surface oxide copper mineralisation at Motters. The company is advancing towards Direct Shipping Ore operations and progressing offtake negotiations.

Strata Minerals has exercised its option to acquire 100% of the Zelica Gold Project in Western Australia’s Laverton Province, aiming to fast-track exploration with drilling planned for late 2025. The project boasts historical high-grade gold intercepts and a granted mining licence, positioning Strata for near-term resource development.

Titan Minerals reports robust drilling results at its Dynasty Gold and Linderos Copper projects, alongside a $10 million strategic investment from Lingbao Gold International to accelerate development.

Norfolk Metals progresses its maiden drilling campaign at the Carmen Copper Project in Chile, completing 29 of 34 planned RC holes and identifying promising new targets in the Higueritas Belt. The company also initiates re-assay of historical drill core to validate high-grade copper and gold grades.

Cygnus Metals reports compelling drill results at its Chibougamau Copper-Gold Project, including a standout high-grade gold interval at Cedar Bay that extends mineralisation well beyond current resource boundaries.

Patriot Resources has significantly expanded the surface copper footprint at its Kitumba Project in Zambia following the completion of 344 metres of trenching, with assay results and geophysical surveys set to refine future drilling plans.

Pantera Lithium Limited has secured a significant 5,000-acre exploration footprint in Southwest Arkansas, targeting antimony and silver in a historically rich but long-neglected mining district. This move aligns with U.S. critical minerals priorities and leverages Pantera’s proven local expertise.

Norwest Minerals advances its Bulgera Gold Project with successful deep drilling and promising heap leach economics, while preparing to test historic gold targets at Marymia East and expanding base metals exploration at Arunta West.

Savannah Goldfields has restarted exploration drilling at its Georgetown Gold Project, targeting resource upgrades at Electric Light and Red Dam prospects. The company aims to extend known gold mineralisation and enhance metallurgical understanding.

Caravel Minerals has appointed Primero Group as its preferred EPCM firm and secured a $15 million loan to fund its Definitive Feasibility Study, marking significant progress toward a Final Investment Decision for the Caravel Copper Project.

FireFly Metals has reported exceptional drilling results at its Green Bay Copper-Gold Project, extending known mineralisation by over 650 metres and progressing key studies for an upscaled production restart.