Latest Resource Development News

FireFly Metals has identified 325 promising geophysical targets at its Green Bay copper-gold project in Newfoundland, using advanced airborne surveys, and is accelerating drilling with strong financial backing.

MLG Oz Limited has landed a significant 30-month crushing and screening contract with New Murchison Gold, boosting its foothold in Western Australia's gold mining sector.

Somerset Minerals has reported visible copper mineralisation in multiple drill holes across its expansive Coppermine Project in Nunavut, Canada, confirming the district-scale potential of this underexplored copper belt. The company is preparing for a larger Phase-2 exploration campaign as assay results are awaited.

Hillgrove Resources’ latest Magnetotelluric survey at Kanmantoo reveals deep alteration zones extending over 2km and a southern extension beyond known mineralisation, setting the stage for targeted drilling at Emily Star in September 2025.

Resolute Mining has announced an initial mineral resource estimate of approximately 266,000 ounces of gold at its Bantaco Project near the Mako Gold Mine in Senegal, marking a significant step in extending the mine’s life.

Dreadnought Resources has reported promising shallow gold intercepts from its inaugural drilling at Steve’s Reward within the Mangaroon Gold Project, signalling a potentially significant new discovery in Western Australia.

Helix Resources reveals compelling evidence of large-scale copper-gold mineralisation at its White Hills Project in Arizona, highlighting dual mineralisation styles and plans for targeted drilling and geophysical surveys.

Yari Minerals has significantly expanded its flagship Rolleston South Coal Project resource by 91%, positioning itself strongly in Queensland’s Bowen Basin ahead of a maiden drilling campaign planned for late 2025.

Tungsten Mining NL (ASX – TGN) highlights its position as a key supplier of ethically sourced tungsten outside China, leveraging one of the world’s largest resource bases amid tightening global supply and rising prices.

Macarthur Minerals has clarified the timing of its entitlement offer, confirming the securities issue date as 7 August 2025 with ASX quotation expected the following day. The company also reaffirmed its substantial iron ore resources at Lake Giles, maintaining investor confidence ahead of the capital raise.

Rimfire Pacific Mining has secured $3.5 million through a discounted share placement to accelerate scandium resource development across its NSW projects, signaling renewed momentum after arbitration setbacks.

Lachlan Star Limited reports promising maiden drilling results at its Killaloe Gold Project in Western Australia and initiates copper-gold drilling at North Cobar, NSW, while securing permits for further Basin Creek exploration.