Latest Resource Development News

Argent Minerals has initiated follow-up deep diamond drilling at its Kempfield Silver-Polymetallic Project, targeting extensions of previously identified high-grade silver and base metal zones. This move aims to unlock further resource growth amid rising silver prices.

Falcon Metals confirms exceptional high-grade gold intercepts at its Blue Moon project, extending the renowned Bendigo Goldfield. The company accelerates exploration with new drill pads and a second rig, backed by a strong cash position.

Capstone Copper has struck a strategic deal with Orion Resource Partners, unlocking up to $360 million for a 25% stake in its Santo Domingo and Sierra Norte projects, accelerating development in Chile’s Atacama region.

Kuniko Limited has secured new funding and is poised to commence drilling at its Commonwealth Gold-Silver Project in New South Wales, targeting district-scale precious metals in a Tier-1 jurisdiction.

African Gold Limited reports strong initial drill results from its Blaffo Guetto zone within the Didievi Project, confirming consistent high-grade gold mineralisation and supporting resource expansion prospects.

Benz Mining Corp. reports a landmark 79-metre intercept grading 4.4 grams per tonne gold at its Zone 126 prospect, marking the thickest high-grade hit to date at the Glenburgh Gold Project. The company is accelerating drilling and aligning management incentives with ambitious resource growth targets.

Patagonia Lithium prepares to drill a key lithium well in Argentina while advancing rare earth exploration in Brazil, backed by recent funding and promising early results.

Stellar Resources has reported strong tin mineralisation results from wedge hole ZS187W1B at its Severn deposit, underpinning resource upgrades and advancing its prefeasibility study at the Heemskirk Tin Project.

Xstate Resources has confirmed 23 meters of net gas pay across three Permian sandstone zones in its Diona-1 well, setting the stage for upcoming flow testing that could redefine resource estimates.

Waratah Minerals reports significant new gold assay results from diamond drilling at its Spur Gold Project, extending mineralisation down plunge by 150 metres and confirming high-grade zones within the Spur Gold Corridor. The company is ramping up drilling activity with five rigs to explore multiple targets.

Broken Hill Mines Limited reports outstanding high-grade silver-lead-zinc intercepts alongside promising gold-copper mineralisation at its Pinnacles Mine, expanding its phase 1 drilling program and targeting near-term open pit operations.

Elixir Energy has confirmed 23 meters of net gas pay across three Permian formations at its Diona-1 well in Queensland, setting the stage for flow testing and potential near-term gas production.