Latest Resource Development News

Cannindah Resources has defined a significant near-surface copper-molybdenum exploration target at its Mt Cannindah Project, hinting at a potentially larger porphyry system beneath. Upcoming drilling aims to unlock this project's transformative potential.

Ragnar Metals has secured an exclusive option to acquire up to 75% of the Harnäs Gold Project in Sweden, a historically productive site with promising high-grade gold mineralisation. The company plans immediate exploration activities to unlock further value.

Lefroy Exploration has advanced its Lucky Strike Gold Deposit through robust drilling results and a $1.25 million cash advance from partner BML Ventures, positioning the company for imminent mining and further exploration.

Encounter Resources has extended high-grade niobium and rare earth element mineralisation over 1km east of its initial Green deposit resource, confirming the scale of this critical minerals system in Western Australia.

Cannindah Resources has secured $4.5 million through a fully underwritten entitlement offer to accelerate drilling at its Mt Cannindah copper-gold project, unveiling promising new high-grade porphyry targets that could reshape its resource profile.

Kula Gold’s latest drilling at Mt Palmer reveals a promising 3-kilometre gold mineralisation trend, highlighted by significant assay results including a standout 1m intercept grading 16.95 g/t gold. Further assays from diamond core drilling are awaited to deepen understanding.

Audalia Resources completed key drilling and metallurgical programs at its Medcalf vanadium-titanium-iron project, progressing towards a resource upgrade and mine design. However, cash reserves and funding runway remain limited, underscoring the need for successful financing.

New Age Exploration Limited has raised $3.75 million to accelerate drilling at its promising Wagyu Gold Project in Western Australia and Lammerlaw Gold Project in New Zealand, targeting Hemi-style mineralisation and Macraes-style analogues.

Pivotal Metals has raised $5.4 million to accelerate exploration at its Belleterre copper-gold project in Quebec, supported by prominent investors including Matthew Latimore. Drilling is set to begin in December 2025, targeting high-grade mineralisation zones.

Golden Horse Minerals reports robust drilling results at Southern Cross Gold Project and completes strategic Sorrel Copper Project acquisition, backed by a $15 million capital raise.

Altair Minerals is significantly expanding its exploration efforts at the South Oko prospect in Guyana, doubling fieldwork to sharpen drill targets ahead of a maiden drilling campaign in early 2026.

White Energy’s subsidiary Amerod Resources has begun a core-drilling campaign at the Specimen Hill Project in Central Queensland, targeting promising copper and gold mineralisation. The program aims to validate historical data and expand geological understanding to guide future exploration.