Latest Resource Development News

Capricorn Metals has agreed to acquire the Mongers Lake Project adjacent to its Mt Gibson Gold Project, aiming to unlock new gold resources in Western Australia. The $1.5 million deal includes cash and shares, with milestone payments tied to resource and mining developments.

Estrella Resources has made significant strides in its maiden manganese drilling campaign in Timor-Leste, confirming high-grade mineralisation and advancing a major limestone marketing agreement with an Indonesian partner.

Battery Age Minerals has initiated its maiden drilling campaign at the Bleiberg Zinc-Germanium Project following regulatory approval, while advancing exploration at El Aguila with a $3 million capital raise backing its growth.

FireFly Metals reports exceptional drilling results at its Green Bay Copper-Gold Project, extending mineralisation well beyond current resources. Backed by a substantial A$145 million capital raise, the company is poised for a resource update and advancing mining studies.

Ballard Mining has kicked off an extensive drilling campaign at its Mt Ida Gold Project, confirming high-grade gold resources at the Baldock deposit and advancing exploration across multiple high-priority targets.

Yandal Resources has reported further promising assay results from its extensive Caladan air-core drilling program, extending the Arrakis gold mineralised structure to over 1.2 kilometres and confirming its open-ended potential.

Sun Silver Limited reports a standout 7.8% antimony assay from re-assayed historic drill hole MR103 at its Maverick Springs Project, confirming significant critical mineral potential alongside its silver-gold resource in Nevada.

James Bay Minerals reports robust drill results with high-grade gold intercepts and a 184% landholding increase at its Independence Gold Project in Nevada, while advancing a Scoping Study for near-surface oxide gold development.

Wildcat Resources reports robust final metallurgical assay results from its Tabba Tabba project, revealing significant lithium mineralisation that could enhance project economics and resource confidence.

GreenTech Metals has revealed substantial gold mineralisation at its Whundo Copper-Gold-Zinc project, boosting the project's economic outlook. The company also defined a large-scale exploration target and initiated a conceptual mine study to explore near-term production options.

Horizon Minerals reported steady gold output from Boorara and Phillips Find projects, generating nearly A$39 million in revenue for the June quarter, while progressing a major plant conversion study and securing $30 million in new funding.

Metal Hawk’s initial drilling at the Leinster South Project reveals promising high-grade gold mineralisation in quartz veins at the Thylacine prospect, setting the stage for an extensive exploration campaign.