Latest Resource Development News

Canterbury Resources has begun drilling a deep 900m diamond hole at its Briggs Copper Project, aiming to unlock new resource potential adjacent to the existing deposit. Supported by a government grant and a joint venture partner, this drilling campaign could reshape the project’s outlook.

Alma Metals has initiated a 900m deep diamond drilling program at its Briggs Copper Project, targeting a key geophysical anomaly adjacent to existing resources. Supported by a $250,000 Queensland Government grant, early drilling has revealed visible copper mineralisation, with assay results anticipated next quarter.

McLaren Minerals reports promising early Phase 1 drilling results at its McLaren Titanium Project, revealing high-grade heavy mineral assays beyond current resource boundaries and signaling strong potential for resource expansion.

Pacgold Limited advances its Northern Queensland footprint with a maiden 900,000-ounce gold resource at Alice River and a new high-grade antimony acquisition at St George, positioning itself amid critical mineral supply challenges.

Mount Hope Mining (MHM) has initiated its maiden drilling campaign targeting gold and base metals in the prolific southern Cobar Basin, aiming to define a JORC resource and accelerate development.

Killi Resources has identified promising new mineralisation zones and defined priority drill targets at its Mt Rawdon West Project in Queensland, setting the stage for an active exploration campaign backed by solid funding.

Lode Resources has reported a second batch of high-grade drill results from its Montezuma Antimony & Silver Project in Tasmania, revealing significant polymetallic mineralisation and promising bulk tonnage potential.

Beacon Minerals has released a second batch of assay results from its Iguana Deposit, revealing exceptional high-grade gold intersections that bolster confidence ahead of production slated for early 2026.

Cazaly Resources has released final 1m assay results from its initial drilling at the Goongarrie Gold Project, confirming significant high-grade gold mineralisation. Assays up to 56.3 grams per tonne gold highlight promising potential for both open pit and underground mining.

Andean Silver Limited has announced the discovery of multiple high-grade silver-gold veins just 1km from its Cerro Bayo processing mill in Chile, setting the stage for a significant resource expansion and advancing plans for a mining restart.

Black Canyon Limited has launched Phase 3 drilling at its Wandanya Project, aiming to extend and infill a significant high-grade manganese and iron mineralisation zone over a 3km strike in Western Australia’s Oakover Basin.

Tungsten Mining has launched a 10-week Scoping Study to explore a phased development approach at Mt Mulgine, starting with an oxide gold project to generate early cash flow before advancing to tungsten and molybdenum production.