Latest Resource Development News

Nico Resources Limited reported steady progress on its Wingellina nickel-cobalt project despite challenging market conditions, completing a $1.1 million share placement and advancing metallurgical and drilling programs.

Dart Mining NL has reported its highest-grade drill intercepts to date at the Triumph Gold Project, including a standout 0.3m intercept grading 114 g/t gold. These results confirm and extend mineralisation at the Big Hans prospect, underscoring significant exploration upside.

Beacon Minerals has initiated its largest reverse circulation drilling campaign at the Lady Ida Iguana Deposit, aiming to enhance geological confidence and update mineral resources by mid-2026.

QMines Limited reports promising open pit optimisation results for its newly acquired Mount Mackenzie gold-silver project, reinforcing its strategy to develop a regional processing hub in Queensland.

Green Critical Minerals has commissioned its first VHD Graphite production module and secured $7 million to drive commercialisation, while its McIntosh Project delivers robust economic metrics.

Strickland Metals reports strong assay results from recent drilling at its Gradina deposit in Serbia, reinforcing the project's potential ahead of a maiden Mineral Resource Estimate later this year.

Iceni Gold’s initial diamond drilling at the Guyer Trend within its 14 Mile Well Project reveals multiple high-grade gold intersections, reinforcing the potential of this concealed gold system and setting the stage for a major follow-up drilling campaign.

Kali Metals has identified a new high-grade gold prospect at its Marble Bar Project, extending the strike length of gold mineralisation to approximately 3km and preparing for its inaugural drilling program.

Koonenberry Gold has identified a significant new high-grade gold target at its Enmore Gold Project in northeast NSW, revealing a robust soil anomaly and impressive rock chip assays. Drilling is set to begin in late August, underscoring the district’s untapped potential beyond the Sunnyside Prospect.

Vanadium Resources’ subsidiary has inked a binding two-year offtake deal with China Precious Asia for 100,000 tonnes per month of vanadium-rich ore, marking a pivotal step toward production and early cash flow generation.

Infinity Lithium progresses its Australian gold-copper-silver exploration with new option agreements, while facing delays and strategic shifts in its Spanish lithium project.

Core Energy Minerals has made promising progress in its maiden drilling campaign at the Cummins Uranium Project in South Australia, identifying uranium mineralisation in both weathered basement and palaeochannel sediments. Initial gamma and scintillometer readings support a developing roll-front uranium model, with assay results pending.