Latest Resource Development News

Lion Selection Group Limited reported a robust $39.2 million net profit for the year ended July 2025, driven by strong mark-to-market gains and strategic investments in Australian mining companies. The company’s portfolio value nearly doubled, reflecting timely market moves and a focus on precious and base metals.

Aurumin Limited has secured $6 million through divestments of non-core assets, enabling a sharper focus on advancing its flagship Sandstone Gold Project. The strategic sales to Newcam Minerals and others aim to fund exploration and support Brightstar’s pre-feasibility study.

Catalina Resources has initiated a reverse circulation drilling program at its Laverton Gold Project, aiming to extend and refine promising gold zones within a key exploration licence area. Results are anticipated by mid-October 2025.

Flynn Gold Limited has announced a renounceable pro-rata rights issue to raise up to $3 million, partially underwritten by Mahe Capital, to fund exploration drilling across its Tasmanian projects.

Zenith Minerals reports compelling gold assay results from its 2025 drilling campaign at Queensland’s Red Mountain Project, revealing broad mineralised zones with high-grade intervals and confirming the project’s potential as a significant intrusion-related gold system.

Cauldron Energy has signed a non-binding MOU with Uzbekistan’s Navoiyuran, a global leader in in-situ recovery uranium mining, to collaborate on advancing the Yanrey Uranium Project in Western Australia. This partnership aims to leverage Navoiyuran’s technical expertise and operational experience to unlock the project’s full potential.

Rokeby Resources' maiden drilling at the Hurricane Project in northern Queensland reveals widespread shallow high-grade gold and antimony mineralisation, setting the stage for an expanded Phase 2 drilling campaign.

E79 Gold Mines has reported significant gold intercepts from reconnaissance drilling at its Laverton South Project, highlighting the emerging potential of the T14 South gold prospect. These early results suggest a promising new target within a prolific gold belt in Western Australia.

Iceni Gold’s extensive aircore drilling at its 14 Mile Well Project in Western Australia has revealed three new gold anomalies along the western margin of the Danjo Granite, highlighting promising exploration potential.

Winsome Resources has identified multiple new high-grade cesium and lithium mineralisation zones at its Sirmac-Clapier Project in Quebec, setting the stage for drilling later this year.

Hillgrove Resources has completed its Nugent Acceleration Project ahead of schedule, boosting underground development and early ore processing. However, the company has lowered its 2025 copper production guidance and raised cost estimates due to geological challenges.

Pacgold’s latest drilling at the Alice River Gold Project reveals high-grade gold intersections, including visible gold up to 42.3 g/t, supporting a potential Mineral Resource Estimate upgrade. Regional drilling continues with promising targets ahead.