Latest Resource Development News

Gibb River Diamonds has received the crucial Mining Proposal Permit for its Neta Gold Prospect, setting the stage for mining operations to begin with equipment mobilisation planned for August 2025.

Great Boulder Resources has reported significant high-grade gold intersections extending the Ironbark deposit 180 metres south, with assays up to 39.5g/t Au, suggesting a substantial resource expansion potential.

Strickland Metals reports a significant new gold and base metals discovery at its Kotlovi Prospect near the Medenovac deposit, highlighting strong growth potential at the Rogozna Project in Serbia.

Albion Resources has launched Phase 2 of its Reverse Circulation drilling at the Yandal West gold project, targeting multiple high-potential zones with fully funded exploration.

Black Cat Syndicate has awarded the Fingals open pit mining contract to Mineral Mining Services, initiating mobilisation and targeting an initial 120,000 ounces of gold production at its Kal East operation.

Australian Gold and Copper Ltd has secured a binding agreement to acquire the Browns Reef Project from Eastern Metals, significantly expanding its South Cobar exploration footprint in NSW with promising historic drilling results.

Havilah Resources has reported its highest gold grades yet from drilling at the Mingary Mine prospect, revealing a quartz-sulphide lode extending over 3 km and hinting at expanded resource potential within the Mutooroo Project Area.

Brightstar Resources has unveiled a robust multi-hub expansion strategy in Western Australia, boosted by its strategic acquisition of Aurumin Limited. The company targets a significant production increase to 200,000 ounces of gold annually by 2029.

Hawthorn Resources has initiated an extensive 8000m reverse circulation drilling program at its Anglo-Saxon gold project, aiming to enhance resource confidence and explore expansion opportunities following a positive pit optimisation study.

Koonenberry Gold has successfully mapped the Sunnyside Shear Zone at its Enmore Gold Project using advanced geophysical surveys, identifying six high-priority drill targets. The company is set to commence a fully funded +10,000m drilling program in late August to test these promising extensions.

Horseshoe Metals advances its Horseshoe Lights copper-gold project with mining approval secured, site mobilization underway, and new drilling planned to expand resources.

Macro Metals Limited has successfully raised A$2 million through a share placement, positioning itself to accelerate exploration and expand its mining services operations.