Latest Resource Development News

Sunshine Metals has completed nine diamond drill holes at its Sybil project’s Francis Creek prospect, intersecting multiple epithermal gold veins with encouraging geological textures. First assay results are expected in early October 2025, potentially shaping the future of this underexplored Queensland gold system.

Golden Horse Minerals has confirmed significant high-grade gold mineralisation at its Hopes Hill project in Western Australia, prompting an accelerated drilling program with four rigs now active. The latest diamond drilling results reinforce the potential for a substantial gold resource.

Renergen Limited and Springbok Solar Power Plant have resolved a protracted legal dispute over land use rights, enabling both the Virginia Gas and Springbok Solar projects to operate collaboratively in South Africa's Free State.

Central Iron Ore Limited has finalized assay results from its 2025 Phase 1 drilling campaign at the British King Project, revealing multiple significant high-grade gold intercepts and confirming down dip extensions of mineralisation.

Terra Metals has intersected a 58-metre thick titano-magnetite reef at its Southwest Prospect, marking the thickest reef found to date within the Dante Project and significantly expanding its resource potential.

Kincora Copper Limited has regained 100% ownership of its Mongolian copper-gold assets after Orbminco Limited's withdrawal, positioning itself to advance exploration and development at the promising Bronze Fox project.

Global Lithium Resources has sold its entire 264 million shareholding in Kairos Minerals for $7.1 million, boosting its cash reserves to $21.8 million. The company will now focus these funds on advancing its flagship Manna Lithium Project.

Altair Minerals has initiated the largest geochemical exploration program ever conducted on the Oko Shear Zone, aiming to unlock high-potential gold targets across a 15km strike at its Greater Oko Project in Guyana.

TG Metals Limited has raised $4 million through a strongly supported placement to fast-track drilling and exploration at its Van Uden Gold Project in Western Australia’s Forrestania Greenstone Belt.

Resolution Minerals has begun a large-scale stream sediment sampling program at its Horse Heaven project in Idaho, aiming to uncover new critical mineral targets and validate geological links with Perpetua Resources’ adjacent Stibnite Gold Project.

Thunderbird Resources has executed a binding agreement to acquire 100% of the Springfield Gold Deposit in NSW, a drill-ready project with significant historical gold intercepts. The company also secured $2.2 million in funding to kickstart exploration.

Carnaby Resources has reported a game-changing drill result at its Trek 1 prospect, intersecting 7m at 9.3% copper equivalent, significantly extending known mineralisation beyond the current resource estimate.