Latest Resource Development News

Nova Minerals has launched its 2025 drilling campaign at the high-grade RPM deposit in Alaska, deploying multiple rigs to test resource extensions and new targets. Early geological observations suggest significant potential, with assay results awaited in the coming months.

Loyal Metals has partnered with veteran geologist Dr. Simon Beams to unlock the untapped copper-gold potential of the historic Highway Reward Mine using advanced AI and modern exploration techniques.

Firetail Resources has launched field exploration at its high-grade Excelsior Gold Project in Nevada, preparing for the first-ever diamond drilling campaign to unlock the site's significant gold potential.

Thunderbird Resources reports further high-grade gold assay results from its Kookabookra Project in NSW, revealing new target areas and preparing for maiden drilling later this year.

Caprice Resources has reported outstanding high-grade gold intercepts from its Phase 3 drilling at the Island Gold Project, confirming significant extensions of mineralisation and setting the stage for a maiden resource estimate.

Patronus Resources has validated the Thunderball uranium deposit as a high-grade asset through a comprehensive re-assay program, with extensional drilling now underway to explore its growth potential in the Northern Territory’s Pine Creek region.

Gold Mountain Limited has outlined a significant Exploration Target at its Irajuba Prospect in Brazil, confirming high-grade rare earth mineralisation and setting the stage for imminent diamond drilling.

Wildcat Resources has reported significant lithium mineralisation from metallurgical drilling at its Tabba Tabba project, reinforcing its resource base and advancing feasibility studies.

Warriedar Resources has reported strong assay results from diamond drilling at its Ricciardo deposit, revealing wide, high-grade gold and antimony mineralisation that surpasses current resource estimates and signals significant growth potential.

Truscott Mining Corporation has re-established gold production in the Tennant Creek gold field and is progressing the Westminster high-grade gold project through advanced geological research and a structured development plan.

Burgundy Diamond Mines pauses open pit mining at Point Lake due to weak diamond prices, focusing instead on higher-margin underground operations at Misery. The company also prepares to unveil a new mine plan and Fox project study.

Metals Australia Ltd has significantly expanded its Lac Carheil graphite project resource with a 595% increase in graphitic carbon intercepts, setting the stage for an updated Mineral Resource Estimate and advanced mine planning.