Latest Resource Development News

Sky Metals has expanded the high-grade tin zone at its Tallebung project in NSW, reporting strong initial drilling results that have prompted a major increase in its exploration program.

Flagship Minerals has raised A$1.25 million through a share placement and convertible note conversions to advance the Pantanillo Gold Project towards a JORC-compliant resource. The funds will support drilling, metallurgical testing, and environmental studies aimed at unlocking the project’s significant gold inventory.

Tempest Minerals has refined and extended the gold anomaly at its Sanity Prospect within the Yalgoo Project through denser geochemical sampling, boosting confidence in a potentially large mineralised system.

Manuka Resources’ Taranaki VTM Project has advanced through a critical regulatory checkpoint, with no competing applications or appeals standing in its way, moving closer to expert panel determination.

Verity Resources has completed aircore drilling at key gold targets within its Monument Gold Project, with assay results expected soon. The company is also progressing a resource upgrade strategy to enhance confidence and potentially expand its gold resource.

Axel REE Limited announces a strategic leadership transition as it moves from exploration to development of its rare earth and gallium projects in Brazil, appointing new technical experts and seeking a new Managing Director to guide its next growth phase.

Gorilla Gold has revealed significant exploration success at its Mulwarrie Project, discovering multiple high-grade gold lodes and extending mineralisation to a 2.5km strike. The company anticipates a resource upgrade following ongoing drilling.

Equinox Resources has obtained a crucial exploration permit for its Alturas Antimony Project in British Columbia, paving the way for a comprehensive 2025 field program and potential bulk sampling. This milestone advances the company’s strategy amid rising North American demand for critical minerals.

Nova Minerals is launching a major 15,000-metre drilling campaign at its Estelle Project in Alaska, targeting gold and antimony resources to advance feasibility and permitting. The program includes maiden resource drilling at the high-grade Stibium prospect and potential expansion pending U.S. defense funding.

Tambourah Metals has appointed seasoned geologist Terry Topping as CEO to spearhead development of its Pilbara and Bryah gold projects alongside the Speewah North antimony asset.

West Coast Silver has initiated a 1,500-metre diamond drilling campaign at its historically rich Elizabeth Hill Silver Project in Western Australia, aiming to unlock new high-grade mineralisation using modern exploration techniques.

Australasian Metals Limited has identified significant chargeability anomalies at its May Queen Gold Project, suggesting promising sulphide mineralisation and supporting previous drilling results. The company plans targeted drilling to validate these new geophysical targets.