Latest Resource Development News

First Au Limited has identified a promising new gold mineralisation zone at its Kims prospect near Kalgoorlie, with surface samples grading up to 4.93g/t Au, supporting its expanding Western Australian portfolio.

Heavy Rare Earths Limited has dramatically increased its Subron Rare Earths Project footprint, capturing significant extensions to high-grade heavy rare earth oxide zones with minimal upfront costs.

Aureka Limited has refreshed its geological model and confirmed multiple exploration targets at the Irvine Gold Project, underscoring the site’s significant potential beyond its current 398,000-ounce inferred resource.

Santa Fe Minerals (ASX:SFM) has reported assay results from 16 diamond and reverse circulation drill holes at its Satama Gold Prospect in Côte d’Ivoire, confirming gold mineralisation over at least 2.5km strike and at depth. Drilling was hampered by an RC rig failure, prompting a shift to diamond drilling and plans to resume RC drilling for step-out targets.

Sunstone Metals has pushed the boundaries of its Bramaderos gold-copper project in Ecuador with a standout 176m mineralised intersection at Porotillo, expanding the footprint well beyond the current 3.6Moz resource and setting the stage for a resource update in December.

OD6 Metals consolidates progress across its rare earths, copper, and fluorspar assets with strong resource bases and ongoing development activities in Nevada, Western Australia, and New South Wales.

WA Gold's reconnaissance drilling at Bullabulling reveals promising gold anomalism within key shear zones, setting the stage for targeted deeper RC drilling later this year.

QMines Limited reported standout copper and gold assay results from two diamond drill holes at Mt Chalmers, surpassing existing resource grades and fueling ongoing feasibility and metallurgical work.

Alice Queen Limited has bolstered its Horn Island gold project with an updated resource of 569,000 ounces and a robust Project Definition Study showing a pre-tax NPV of A$706 million. A 2026 drilling program is underway to test a large-scale Exploration Target of up to 2.3 million ounces.

Deterra Royalties delivered a 5% increase in statutory net profit to $164.2 million for FY26, underpinned by record Mining Area C volumes and strategic asset sales. The company declared a fully franked final dividend of 10.8 cents, maintaining a 75% payout ratio, while advancing the Thacker Pass lithium project on schedule for late 2027 production.

Accent Resources NL (ASX: ACS) has responded to ASX queries following dramatic share price surges, providing comprehensive shareholder data and reaffirming its focus on advancing the Magnetite Range Project while progressing the sale of the Norseman Gold Project.

Bathurst Resources is set to submit a Fast Track Approvals Act application for its Buller Plateaux Continuation Project, aiming to unlock 20 million tonnes of coking coal over 25 years on New Zealand’s West Coast.