Latest Resource Development News

Cazaly Resources has released final 1m assay results from its initial drilling at the Goongarrie Gold Project, confirming significant high-grade gold mineralisation. Assays up to 56.3 grams per tonne gold highlight promising potential for both open pit and underground mining.

Andean Silver Limited has announced the discovery of multiple high-grade silver-gold veins just 1km from its Cerro Bayo processing mill in Chile, setting the stage for a significant resource expansion and advancing plans for a mining restart.

Black Canyon Limited has launched Phase 3 drilling at its Wandanya Project, aiming to extend and infill a significant high-grade manganese and iron mineralisation zone over a 3km strike in Western Australia’s Oakover Basin.

Tungsten Mining has launched a 10-week Scoping Study to explore a phased development approach at Mt Mulgine, starting with an oxide gold project to generate early cash flow before advancing to tungsten and molybdenum production.

Yandal Resources has reported significant extensions to the Arrakis gold mineralised structure within its Caladan target area, with air-core drilling results now confirming over 2.2km of strike length and indications of a second parallel structure.

Hammer Metals has launched a targeted drilling campaign at its Bronzewing South project in Western Australia, aiming to unlock high-grade gold mineralisation adjacent to a major historic mine. The program focuses on previously underexplored zones with promising historical intercepts, potentially setting the stage for significant resource growth.

Albion Resources has identified 17 new gold exploration targets at its Ives Find area within the Yandal West Project, including seven high-priority zones, with drilling now underway to test these promising prospects.

Marimaca Copper has successfully extended the high-grade copper mineralization at its Pampa Medina deposit by 300 meters west, confirming a large, continuous sediment-hosted system with promising grades and widths.

Diablo Resources has commenced its first-ever drilling campaign at the Phoenix Copper Project in Utah, targeting two promising prospects with strong surface copper indications. The fully funded program aims to unlock new copper resources near a major producing mine.

Adelong Gold has bolstered its cash reserves by $750,000 through the sale of Sarama Resources shares, positioning itself to advance high-grade gold exploration at its Apollo and Lauriston projects in Victoria.

Falcon Metals has reported a spectacular 1.2-meter intercept grading 543 grams per tonne gold at its Blue Moon project, marking a significant milestone in its exploration of the northern Bendigo Goldfield extension. The company’s aggressive drilling campaign and robust financial position set the stage for further discoveries in this historically rich gold province.

Siren Gold has raised $4 million through a well-supported placement to accelerate drilling and testing at its flagship Sams Creek Gold Project, alongside exploration at Langdons and Queen Charlotte.