Latest Resource Development News

Solis Minerals has entered a binding agreement to acquire up to 75% of the Cucho Copper Project in Peru, a large-scale porphyry system with promising historical drilling results and significant untested exploration targets. The company plans a 5,000-metre drilling program in 2026 aiming for a maiden resource estimate and economic assessment.

Bass Oil Limited reported a 3% rise in September oil production, driven by a 20% uplift in Indonesian output, while awaiting regulatory approval for a strategic gas field acquisition.

Charger Metals has initiated a 3,000m drilling program at its Lake Johnston Lithium and Gold Project, fully funded by Rio Tinto Exploration, targeting multiple high-priority lithium and gold prospects. This follows a recent maiden resource estimate and aims to unlock further potential in a prolific Western Australian region.

Moho Resources has raised $2 million through a share placement to fund an extensive drilling and sampling campaign at its Bush Chook Project, aiming to validate historical gold anomalies and expand its resource base.

Connected Minerals reports robust Phase 2 drilling results at its Etango North-East uranium project in Namibia, with 17 of 23 holes returning economic uranium grades and confirming promising geological parallels to a world-class deposit.

Power Minerals Limited is set to embark on an extensive drilling campaign at its Santa Anna Project in Brazil, aiming to expand high-grade rare earth and niobium mineralisation zones. The program kicks off with 2,000m of reverse circulation drilling in November 2025, paving the way for deeper exploration in 2026.

Iondrive Limited has inked a binding term sheet with LAT66 Limited to apply its innovative Deep Eutectic Solvent technology to cobalt-rich concentrates from Finland’s Kuusamo projects, marking a strategic step beyond battery recycling into primary mineral processing.

Adelong Gold has launched a broad regional soil sampling program at its Apollo Gold Project in Victoria, aiming to uncover additional mineralised zones along a key granite contact following promising drilling results.

Andean Silver’s latest drilling at Cerro Bayo reveals exceptionally high-grade silver and gold well outside existing resource boundaries, hinting at significant resource expansion potential. The discovery of new mineralised lodes and extensions near the processing hub marks a pivotal step toward advancing the project.

Greenvale Energy has launched a new phase of exploration at its Oasis Uranium Project, leveraging advanced magnetic and satellite data to identify promising growth opportunities beyond known mineralisation.

Trek Metals reports visible gold in diamond core and confirms widespread anomalous gold in RC assays, boosting the prospectivity of its Christmas Creek Gold Project in Western Australia.

Green & Gold Minerals has initiated a dual-rig drilling campaign at its Chillagoe Gold Project, aiming to grow its existing resource base and define a maiden resource at Little Wandoo. Initial assay results are anticipated within four weeks.