Latest Resource Development News

Nordic Resources has raised A$8.5 million in a strongly supported institutional placement to fund expanded exploration and development of its Finnish gold projects, with key assay results imminent.

American Uranium has initiated Phase 1 of a two-stage drilling campaign at its Lo Herma ISR Uranium Project in Wyoming, aiming to grow and upgrade its existing 8.57 million pound uranium resource ahead of key 2026 milestones.

QMines Limited has completed an 8,600m drilling campaign at Develin Creek and initiated a 36-hole, 5,000m maiden drilling program at the high-grade Mount Mackenzie Gold-Silver Project, aiming to unlock significant resource extensions.

Sunshine Metals has completed a pivotal diamond drilling program at its Sybil gold project, revealing multiple high-grade gold intersections that bolster the prospect’s potential. The latest results highlight the presence of rich gold shoots within the A Vein and introduce a newly identified Splay Vein structure.

Stellar Resources advances its Heemskirk Tin Project with expanded drilling revealing high-grade tin zones and ore sorting trials confirming cost-saving potential. Strategic MOUs and a strong cash position underpin the company’s push towards becoming a top global tin producer.

Titan Minerals reports significant wide, high-grade gold and silver drill intercepts at its Dynasty Gold Project, signaling strong potential for resource growth ahead of a Mineral Resource Estimate update scheduled for early 2026.

Lord Resources has reported promising diamond drilling results at its Ilgarari Copper Project, confirming and extending high-grade copper mineralisation. These findings pave the way for an expanded Phase 2 drilling program.

Nimy Resources has successfully raised $4.88 million through an oversubscribed Share Purchase Plan, signaling strong investor confidence in its Western Australian gallium and rare earths projects.

Tesoro Gold reports significant high-grade gold intercepts from its ongoing drilling programs at the El Zorro Gold Project in Chile, reinforcing resource growth and project advancement.

Woodside Energy has raised its 2025 production guidance following a 1% increase in quarterly output, while progressing key projects like Scarborough and Beaumont New Ammonia on schedule. The company also secured long-term LNG supply deals and received critical regulatory approvals.

Evergreen Lithium has secured key regulatory approvals to begin reverse circulation drilling at its Mt Monger Gold Project, targeting high-potential gold prospects Duchess of York and Kiaki Soaks. The campaign aims to unlock valuable insights and guide further exploration in 2026.

Wia Gold Limited reports robust assay results from extensive drilling at its Kokoseb Gold Project in Namibia, reinforcing prospects for both open pit expansion and underground mining. The company is on track to deliver a Definitive Feasibility Study by the second half of 2026.