Latest Resource Development News

Verity Resources is set to begin a 3,600m drilling campaign aimed at upgrading and expanding its Monument Gold Project resource in Western Australia. The program targets the Korong deposit with the goal of moving from inferred to indicated resource status.

New Age Exploration Limited reports multiple high-grade gold intercepts from its maiden drilling at the Wagyu Gold Project in Western Australia, while also expanding its footprint in New Zealand’s Otago region and completing a strategic UK asset sale.

Haranga Resources has successfully renewed its Saraya Uranium Project exploration permit in Senegal for another three years, following a positive regulatory audit. This extension secures ongoing exploration of a significant uranium resource with promising prospects.

Mount Hope Mining is poised to launch its maiden drilling campaign at the Mt Hope Project in NSW, targeting three key prospects with over 3,800 metres of drilling planned to convert exploration targets into JORC-compliant resources.

Pivotal Metals has launched a new exploration program at its Belleterre-Angliers Greenstone Belt projects in Quebec, aiming to uncover high-grade copper-nickel-platinum group metal deposits using advanced geophysical techniques and AI analysis.

Kalgoorlie Gold Mining has more than doubled the strike length of its Lighthorse gold prospect to 1,450 metres, setting the stage for its largest reverse circulation drilling program yet. The expanded footprint and integration with historic data suggest a major gold system beneath the Pinjin Project.

Sayona Mining has released final results from its 2024 drilling campaign at the Moblan Lithium Project, revealing multiple thick, high-grade lithium intercepts that support upgrading resources and expanding the project’s footprint.

WIN Metals Ltd reports rock chip samples grading up to 23.5g/t gold at the Emjay prospect, confirming it as a prime drill target after correcting its previously mislocated position in government datasets.

Bass Oil Limited reported a 4% rise in June oil production alongside advancing plans to acquire the Vanessa gas field, signaling a strategic pivot towards gas sales and resource expansion.

Askari Metals has acquired the Nejo Gold Project in Ethiopia, aiming to build a tier-1 gold portfolio in the underexplored Arabian-Nubian Shield. The company plans systematic exploration to unlock significant gold resources.

Trigg Minerals has defined a substantial Exploration Target at its Antimony Canyon Project in Utah, estimating up to 15.6 million tonnes of ore with significant antimony content. The company plans advanced exploration to convert this target into a formal resource.

Matsa Resources has officially commenced mining operations at its Devon Pit Gold Mine, with ore haulage to begin late July and first processing slated for mid-September 2025.