Latest Resource Development News

Renegade Exploration has divested its 22% interest in the Carpentaria Joint Venture to True North Copper for $2.88 million, opting for a mix of cash, shares, and performance rights to maintain exposure to the project’s upside while refocusing on North American assets.

Enegex has identified a promising new gold prospective zone at the AW1 prospect in Côte d’Ivoire’s Tougbe Permit, supported by artisanal sampling and a completed aircore drilling campaign. The company is gearing up for a substantial 3,000m reverse circulation drill program at the nearby Gogo Permit’s Bonoubana Trend.

Aruma Resources has kicked off its maiden diamond drilling campaign at the Tillex Copper-Silver Project in Ontario, aiming to expand the known high-grade copper mineralisation and deliver a substantial resource estimate.

Dalaroo Metals appoints Trystan Hughes as Exploration Manager for Greenland and Western Australia, bolstering expertise as sediment sampling at Blue Lagoon Project reveals elevated zirconium consistent with a sediment-hosted critical minerals system.

Scorpion Minerals has submitted a mining lease application for the Old Prospect gold tenements in WA, moving to secure and expand a high-grade JORC resource through planned drilling and strategic partnerships.

Podium Minerals has wrapped up a major drilling campaign at its Parks Reef PGM Project, delivering key bulk samples for ongoing metallurgical testing that builds on recent high-grade concentrator success.

Leeuwin Metals has secured Mining Lease M77/1300 over the Evanston deposit, marking a crucial step toward development at its Marda Gold Project. All current Mineral Resources at Marda now reside on granted leases, underpinning future production plans amid ongoing exploration.

Olympio Metals has reported a surge in gold grades from its Phase 2 drilling at the Paquin Prospect within the Bousquet Gold Project, Quebec, delivering 36 new significant intercepts including a standout 3.8m at 5.03 g/t Au and reinforcing the bonanza-grade potential first revealed in March.

Yandal Resources has mobilised multiple rigs to its Ironstone Well-Barwidgee Gold Project, advancing extensional drilling at the Arrakis discovery and preparing for diamond drilling at Flushing Meadows, underpinning a busy 2026 exploration calendar.

Sheffield Resources reported a fire at its Thunderbird Mineral Sands Mine feed preparation plant during maintenance, causing limited damage and no injuries. Operations resumed within two days after safety checks.

Kingfisher Mining has resumed reverse circulation drilling at its Copper Blow project near Broken Hill, targeting extensions of high-grade copper-gold mineralisation to support a maiden resource estimate. The program follows a strategic processing agreement with Broken Hill Mines, underpinning development plans.

Krakatoa Resources has restructured its acquisition of the Zopkhito Antimony-Gold Project in Georgia, adopting a staged earn-in model that reduces upfront payments and prioritises capital deployment into exploration and development activities for 2026.