Latest Resource Development News

Sarama Resources has completed the second tranche of its A$2.6 million equity placement, issuing new options to fund exploration at its Cosmo Gold Project and support arbitration efforts.

EV Resources has entered a binding agreement to sell its Khartoum Project to Koba Resources for $700,000 cash plus a royalty, marking a strategic pivot towards its antimony assets and US critical minerals ambitions.

Javelin Minerals is advancing its Eureka Gold Project with a targeted diamond drilling campaign and a $25 million mining contract with MEGA Resources, aiming for production by mid-2026.

Kairos Minerals has reported strong drilling results at its Mt York Gold Project, extending the high-grade ‘Monster Zone’ gold mineralisation both deeper and 250 metres east. The company is boosting its Stage 1 drilling program to 30,000 metres, aiming to expand and upgrade its resource base.

Horizon Gold reports significant gold intercepts from water bore drilling at its Gum Creek Project and launches an AI-powered exploration partnership to accelerate resource growth.

Falcon Metals has reported a significant high-grade gold intercept at its Blue Moon project, marking the widest zone of visible gold discovered to date and prompting an expanded drilling campaign.

Minerals 260 Limited’s latest drilling results at the Bullabulling Gold Project reveal thick, shallow high-grade gold intercepts that underpin a forthcoming resource upgrade. The company advances its Pre-Feasibility Study with confidence, eyeing a December 2025 Mineral Resource Estimate update.

NewPeak Metals has secured 100% ownership of the Las Opeñas gold project in Argentina and plans drilling campaigns at both Las Opeñas and the Tansey gold project in Queensland, funded entirely from existing cash reserves.

Many Peaks Limited reports significant high-grade gold intercepts from diamond drilling at its Ferké Gold Project in Côte d’Ivoire, prompting an expanded drilling campaign and advancing the path toward a maiden resource estimate.

Osmond Resources has successfully intersected a highly prospective mineralized layer in its first drill hole at the Orión EU Critical Minerals Project, advancing its critical minerals exploration in Spain. Assay results are expected by the end of October, with further drilling underway.

Gateway Mining has expanded its aircore drilling campaign at the Yandal Gold Project to 44,000 metres, targeting structurally complex shear zones with high gold potential. A diamond rig is set to commence follow-up drilling shortly.

Xenora Minerals has identified new high-priority lithium drilling targets at its Dudley Project following an independent geochemical review, with infill sampling set for October and an expanded drilling campaign planned for early 2026.