Latest Resource Development News

Arika Resources has expanded its drilling program across its Yundamindra and Kookynie gold projects to 10,000 metres, leveraging a recent $5 million capital raise and securing a versatile drill rig to accelerate exploration.

Jameson Resources has released a 2025 feasibility update for its Crown Mountain Hard Coking Coal Project, confirming reserves and revealing a doubling of project NPV despite inflationary cost pressures.

DeSoto Resources has expanded its gold-in-soil anomaly at the Dadjan Gold Project to 3.6km and reported promising high-grade gold zones at Timbakouna, reinforcing the prospectivity of its extensive landholdings in Guinea’s Siguiri Basin.

Hartshead Resources and joint venture partner RockRose Energy agree to a 28-day pause in procedural timelines for UK Southern Gas Basin Licence P2607, aiming to advance commercial discussions. The company remains committed to a constructive resolution while preserving its legal rights.

Aeris Resources has executed a $60 million refinancing deal with Washington H. Soul Pattinson, extending debt facilities and unlocking working capital, while maintaining its FY25 copper and gold production guidance. The company’s strategic focus on expanding copper output, particularly through the Constellation deposit, signals a confident growth trajectory.

Brightstar Resources reports compelling gold assay results from Sandstone and Laverton, confirming resource growth potential and accelerating drilling plans across key Western Australian projects.

American Rare Earths reports high-grade rare earth oxide results from Wyoming's Cowboy State Mine, reinforcing its strategic position in the US critical minerals landscape.

Cygnus Metals reports standout gold and copper drill intercepts at its Golden Eye prospect, signaling a promising new resource within the Chibougamau Copper-Gold Project. The company plans to leverage these results alongside historic data to define an initial Mineral Resource Estimate.

Minerals 260 Limited has secured an option agreement for 26 tenements near its Bullabulling Gold Project, expanding its regional footprint to approximately 570 square kilometres and reinforcing its exploration ambitions in Western Australia’s Eastern Goldfields.

Gorilla Gold has reported further high-grade gold intercepts from extensional drilling at its Lakeview Prospect, revealing shallow mineralisation extending over 1000 metres along strike. Diamond drilling and environmental surveys are underway to support resource growth at the Comet Vale Project.

Strickland Metals kicks off its 2025 drilling campaign with strong high-grade intercepts at the Rogozna Project, reinforcing the commercial potential of its 5.3Moz AuEq Shanac Deposit.

Sunshine Metals reports high-grade gold assays up to 64.5g/t Au at its new shallow Mt Pleasant prospect near Charters Towers, alongside ongoing drilling progress at the Liontown oxide gold resource with results expected soon.