Latest Resource Development News

Red Mountain Mining reports promising high-grade antimony and gold mineralisation at its Armidale project, alongside advancing exploration in Canada and Australia, supported by recent capital raises.

EverGreen Lithium Limited has acquired the Leonora Goldfields Project, adding a JORC-compliant inferred gold resource of 63,000 ounces and setting the stage for a targeted drilling campaign to expand and upgrade this resource.

Golden Mile Resources has completed its first Reverse Circulation drilling campaign at the Pearl Copper Project in Arizona, revealing significant copper, lead, zinc, and silver mineralisation. Meanwhile, drilling continues at its Leonora Gold JV with assay results pending.

Western Mines Group has announced a landmark Mineral Resource Estimate for its Mulga Tank project, defining Australia’s largest nickel sulphide deposit with over 5.3 million tonnes of contained nickel. The company has secured government grants and raised capital to accelerate drilling and metallurgical testing.

White Cliff Minerals has expanded its Rae Copper Project in Nunavut, Canada, deploying a second drilling rig and uncovering new copper-rich mineralisation zones near the Danvers deposit. Initial assay results and geophysical survey data are expected soon, potentially reshaping the project's resource outlook.

Australian Gold and Copper Ltd has expanded its South Cobar footprint to 1,400 km² through a key tenement acquisition and completed its largest drilling campaign yet, uncovering promising gold-silver trends that could reshape the district’s mineral potential.

Albion Resources has agreed to sell its Mongers Lake Project to Capricorn Metals for an upfront A$1.5 million, with additional milestone payments tied to resource and mining developments. This deal allows Albion to sharpen its focus on its high-grade Yandal West Gold Project.

Kairos Minerals has intensified its drilling campaign at the Mt York Gold Project, delivering encouraging high-grade gold results that bolster resource growth prospects. Concurrently, the company advances key mining and mineral rights agreements vital for project development.

Capricorn Metals has agreed to acquire the Mongers Lake Project adjacent to its Mt Gibson Gold Project, aiming to unlock new gold resources in Western Australia. The $1.5 million deal includes cash and shares, with milestone payments tied to resource and mining developments.

Estrella Resources has made significant strides in its maiden manganese drilling campaign in Timor-Leste, confirming high-grade mineralisation and advancing a major limestone marketing agreement with an Indonesian partner.

Battery Age Minerals has initiated its maiden drilling campaign at the Bleiberg Zinc-Germanium Project following regulatory approval, while advancing exploration at El Aguila with a $3 million capital raise backing its growth.

FireFly Metals reports exceptional drilling results at its Green Bay Copper-Gold Project, extending mineralisation well beyond current resources. Backed by a substantial A$145 million capital raise, the company is poised for a resource update and advancing mining studies.