Latest Resource Development News

Santana Minerals reports compelling new assay results extending the high-grade gold domain at its Rise and Shine deposit, reinforcing prospects for resource upgrades and future reserve growth.

Cygnus Metals reports standout drilling results at its Chibougamau project, highlighting the new Golden Eye prospect and Corner Bay deposit, supported by a strong A$18.3 million capital raise to accelerate development.

Godolphin Resources has identified significant new copper and polymetallic zinc exploration targets adjacent to its existing Lewis Ponds resource, setting the stage for a Mineral Resource Estimate update and drilling campaign in 2026.

American West Metals reports significant copper sulphide discoveries and thick mineralised intersections at its Storm Copper Project in Nunavut, Canada, highlighting strong potential for resource expansion.

Galileo Mining has kicked off a significant 5,000-metre aircore drilling campaign at its Norseman project, aiming to build on promising palladium and platinum results and grow its existing 1.27 million ounce palladium equivalent resource.

Canterbury Resources advances its flagship Briggs Copper Project with a near-complete scoping study and imminent deep drilling, while expanding exploration across Queensland and Papua New Guinea.

Marmota Limited is ramping up its maiden drilling program at the Greenewood gold discovery, increasing planned drilling from 10,000m to approximately 12,500m amid strong early progress.

Kingston Resources reports impressive high-grade gold and copper intercepts from underground drilling at the Southern Ore Zone of Mineral Hill, reinforcing confidence in its underground mine plan and resource potential.

Condor Energy has secured a 12-month extension for its Technical Evaluation Agreement in Peru’s Tumbes Basin, underpinning its exploration and commercialisation plans backed by significant prospective oil and gas resources.

Asra Minerals has confirmed significant high-grade gold mineralisation at its Gladstone prospect, extending known deposits deeper than previously recorded. These results bolster the Leonora South Gold Project’s resource potential and set the stage for expanded exploration.

Westgold Resources reported a strong finish to FY25 with 82km of drilling and a $9 million investment in exploration, highlighted by a maiden 2.3 million ounce gold resource at Beta Hunt’s Fletcher zone.

Nordic Resources has completed a major acquisition of three advanced gold projects in Finland, lifting its total gold equivalent resources to 1.23 million ounces. The company also secured A$3.5 million in institutional funding and appointed a seasoned mining executive as Chairman.