Latest Resource Development News

Larvotto Resources has successfully raised US$105 million through a senior secured bond to fund the restart of its Hillgrove Gold-Antimony Project in New South Wales, targeting mining operations by mid-2026.

Manhattan Corporation has secured regulatory approvals to begin field activities at its Hook Lake Project in Nunavut, Canada, targeting a historic high-grade gold deposit and polymetallic prospects. Initial work aims to validate past data and prepare for a maiden drilling campaign.

Cazaly Resources confirms robust gold mineralisation at Duke of York and discovers a promising new target, Duchess, at its Goongarrie Gold Project. Early drilling results and reprocessed geophysics set the stage for expanded exploration.

Horizon Gold Limited has raised $12 million through a placement and entitlement offer to advance its Gum Creek Gold Project feasibility study and resource drilling, signaling strong investor confidence amid rising gold prices.

Antares Metals has validated new copper mineralisation zones at its Surprise Copper Project through Phase 2 drilling assays, setting the stage for an expanded Phase 3 program. The discovery of extensional targets and a separate mineralised zone at Marvel highlights growing potential in the Mt Isa North Project.

Stellar Resources reports strong progress on its Heemskirk Tin Project with an extended drilling program and robust cash reserves, aiming to boost tin production potential.

Iltani Resources has reported multiple wide, high-grade silver-indium intersections from its Orient East drilling program in Queensland, reinforcing the project's potential as Australia's premier silver-indium deposit.

Elixir Energy has advanced its strategic plan in Queensland’s Taroom Trough, appointing a new COO, initiating a major cost reduction, and preparing to drill key exploration and appraisal wells that could unlock significant gas resources.

Sunshine Metals has confirmed high-grade gold mineralisation over a 400m strike at its Sybil project, setting the stage for drilling in August 2025. Early rock chip assays validate the project's potential, drawing parallels with the prolific nearby Pajingo deposit.

Sky Metals has reported a significant discovery of shallow, high-grade silver-tin mineralisation extending the Tallebung deposit in New South Wales, highlighting promising potential for resource growth.

Culpeo Minerals has identified multiple zones of high-grade copper mineralisation across a 1.7km corridor at its La Florida Prospect in Chile, with drilling now underway to test these promising targets.

Noble Helium appoints Dennis Donald as Executive Chairman and secures a $200k loan to accelerate its North Rukwa helium project, backed by positive technical reviews.