Latest Resource Development News

Somerset Minerals reports promising initial assay results from its Coppermine Project in Nunavut, confirming extensive high-grade copper mineralisation and suggesting a growing system at depth.

Krakatoa Resources is rapidly advancing exploration at its Zopkhito Gold and Antimony Project in Georgia, with underground core sampling and a two-rig diamond drilling program targeting a maiden JORC-compliant resource. The project’s strategic location offers a rare European source of critical minerals amid global supply concerns.

Moho Resources has swiftly secured 18 prospecting licences at its Bush Chook Gold Project, setting the stage for maiden drilling by early 2026. The licences cover significant historical gold anomalies, promising a rapid exploration timeline.

Renegade Exploration Limited has had its trading suspension lifted following an announcement on the status of its recently lodged mining claims, signaling renewed market activity.

Juno Minerals has completed the sale of its Mount Mason DSO Hematite Project to Gold Valley Yilgarn for A$6 million cash plus a 2% royalty, with production set to start mid-2026. The deal strengthens Juno’s cash position while allowing focus on its flagship Mount Ida Magnetite Project.

Leeuwin Metals has reported promising shallow high-grade gold intercepts from its maiden drilling at the Evanston Prospect within the Marda Gold Project, signaling a potentially significant discovery in Western Australia.

Oakajee Corporation has initiated a 28-hole aircore drilling program at its Paynes Find Gold Project in Western Australia, aiming to build on promising gold anomalies identified earlier this year.

Celsius Resources reports significant high-grade copper-gold drill results from its MCB Project in the Philippines, reinforcing confidence in the ongoing feasibility study update.

Yari Minerals has secured approvals to begin drilling at its Rolleston South Coal Project, aiming to upgrade its substantial coal resource and confirm metallurgical quality.

Riversgold Limited has significantly expanded its Kalgoorlie Gold Project by acquiring a new tenement, increasing the project area by 170%. This strategic move positions the company for enhanced gold production opportunities in a prolific mining region.

Carnaby Resources reports compelling high-grade drill results at its Trek 1 Prospect, confirming continuity of mineralisation and significant upside potential beyond current estimates.

Adelong Gold’s maiden diamond drilling at the Apollo Gold & Antimony Project in Victoria confirms significant gold mineralisation within the Dig Fault Zone, underpinning plans for resource modelling and further exploration.