Latest Resource Development News

Diablo Resources has obtained crucial Bureau of Land Management approvals for drilling at its Phoenix Copper Project in Utah, setting the stage for a maiden drill campaign targeting promising copper prospects.

Krakatoa Resources is set to begin its maiden drilling campaign at the Zopkhito Sb-Au Project in Georgia, aiming to convert a foreign resource estimate into a JORC-compliant mineral resource and advance economic assessment.

Ora Banda Mining reports a series of strong high-grade gold drill results from its Riverina, Waihi, and Little Gem prospects, reinforcing the potential for resource growth and mine life extension at the Davyhurst Gold Project.

Elevate Uranium has intersected a significant 13-meter thick uranium mineralisation zone in granite at its Marenica Project, revealing a new style of deposit beyond traditional palaeochannels. This discovery could reshape exploration strategies and resource potential in Namibia.

Mount Hope Mining has announced a significant Exploration Target for its Mt Solitary gold prospect in New South Wales, setting the stage for a 3,000m drill program planned for mid-2025 to advance towards a JORC-compliant resource.

Kula Gold reports impressive high-grade shallow gold intercepts from recent drilling at its Mt Palmer Gold Project, reinforcing the potential for low-cost open pit mining and expanding resource targets along a 10km belt.

Emmerson Resources reveals a promising update on its White Devil gold project, confirming a major mine development opportunity with over 60% of its 611,400oz resource convertible to an open pit. The Scoping Study is on track for completion by early July 2025, setting the stage for a Pre-Feasibility Study.

Geopacific Resources has reported impressive high-grade gold assay results from surface auger sampling at its Woodlark Gold Project, extending known mineralisation and setting the stage for a substantial 30,000-metre drilling campaign.

St Barbara Limited is set to acquire a substantial 14.4% holding in Geopacific Resources by exchanging its Patronus shares, aligning two key players in Papua New Guinea’s gold sector. This strategic move could reshape development prospects for the Woodlark Gold Project.

Koonenberry Gold has reported significant assay results from its fifth drill hole at the Enmore Project, confirming extended gold mineralisation and bolstering confidence in a large bulk tonnage system.

Golden Mile Resources has completed its first drilling campaign at the Pearl Copper Project in Arizona, intersecting visible copper mineralisation at two key prospects for the first time since 1942. Assay results are pending, but early signs point to promising multi-element potential.

Astral Resources has reported compelling high-grade gold assay results from in-fill drilling at its Kamperman Deposit, reinforcing the potential of its Feysville Gold Project near Kalgoorlie. Concurrently, regional air-core drilling has unveiled new gold anomalism zones, setting the stage for further exploration.