Latest Resource Development News

DeSoto Resources has reported the intersection of significant sulphide mineralisation in its ongoing drilling at the Spectrum Project in the Northern Territory, with assay results expected in October.

Advance Metals has identified a previously unknown high-grade silver-gold mineralised zone at its Yoquivo Project in Mexico, with rock chip samples showing exceptional grades. This discovery opens fresh exploration avenues in an area yet to be drilled.

West Coast Silver has awarded a Phase 2 drilling contract at its Elizabeth Hill Silver Project following impressive high-grade silver intercepts from its inaugural diamond drilling program. The upcoming drilling campaign aims to expand near-surface mineralisation and explore depth extensions along the prolific Munni Munni Fault.

WIN Metals has completed the acquisition of the Radio Gold Mine, a high-grade asset in Western Australia, and is rapidly advancing exploration and development to unlock near-term production and long-term value.

Auravelle Metals has cleared a key heritage survey at its Nuckulla Hill project, paving the way for expanded drilling following promising high-grade gold results. The company is gearing up for a busy exploration phase with assays due soon and new targets in sight.

Asian Battery Metals has confirmed excellent copper recoveries of up to 95% from metallurgical testing at its Oval Cu-Ni-PGE discovery in Mongolia, validating a straightforward flotation process for producing marketable copper concentrate.

Metal Bank Limited moves swiftly to expand its Western Australian gold footprint through the acquisition of Hastings Technology Metals’ gold assets and a $2.3 million capital raising aimed at fast-tracking exploration and production.

Kula Gold has agreed to sell its Westonia Project to Forrestania Resources for an upfront $500,000 plus a $1 million contingent payment tied to a significant gold resource discovery.

Kula Gold has agreed to sell its Westonia Project to Forrestania Resources for an upfront $500,000 plus a $1 million contingent payment tied to resource discovery. This move sharpens Kula’s focus on advancing its Mt Palmer Gold Project.

Far Northern Resources has completed a high-resolution LiDAR survey at its Bridge Creek project in the Northern Territory, revealing multiple historical gold workings and confirming key geological targets along the prolific Howley anticline. This advanced mapping sets the stage for targeted drilling and infrastructure planning.

Native Mineral Resources has identified 15 promising new gold exploration targets at its Blackjack Gold Mine in Queensland following a detailed drone magnetic survey, setting the stage for drilling in November 2025.

Diablo Resources has wrapped up its maiden drilling at the Phoenix Copper Project in Utah, with assay results pending and plans underway for further exploration at the Fair Dinkum Prospect. The company is also eyeing expansion across the US critical minerals sector amid supportive government initiatives.