Latest Resource Development News

Mont Royal Resources is progressing its merger with Commerce Resources to create a dual-listed Canadian critical metals developer, combining rare earth and lithium assets in Quebec.

Albion Resources has kicked off its first reverse circulation drilling at the Yandal West Project, hitting gold in every hole at the Collavilla prospect, including a standout 11m at 20.0g/t Au. The company is well-funded and advancing exploration with promising early results.

Jameson Resources has significantly boosted the economic outlook of its Crown Mountain Hard Coking Coal Project, doubling its pre-tax NPV to US$942 million, while advancing environmental approvals and Indigenous partnerships in British Columbia.

Dome Gold Mines reports delays in its Sigatoka desilting project due to local activist opposition, while progressing its feasibility study and securing key license renewals in Fiji.

Far Northern Resources has completed its first phase of drilling at the Bridge Creek project, confirming significant high-grade gold mineralization and preparing for an expanded second phase of exploration.

Krakatoa Resources is set to begin its first drilling campaign at the Zopkhito Antimony-Gold Project in Georgia, backed by a recent $1.66 million capital raise to fund exploration and resource conversion efforts.

Waratah Minerals has reported significant extensions of high-grade gold mineralisation at its Spur Gold-Copper Project, alongside promising porphyry copper-gold intersections at Breccia West. The company also secured $8.4 million in new equity to accelerate drilling activities.

Empire Resources has completed a significant 21-hole reverse circulation drilling campaign at its Yuinmery Project, targeting copper-gold mineralisation across multiple prospects. Assay results are pending, with the company poised to define resource potential amid ongoing exploration.

Citigold Corporation Limited reports steady progress in exploration and mine design at its Charters Towers Gold Project, while actively pursuing funding partnerships to restart operations.

KGL Resources has leveraged cutting-edge integrated 3D inversion modelling to reveal multiple high-priority exploration targets at its Jervois and Unca Creek tenements, suggesting a larger and deeper mineral system than previously known.

Ausmon Resources reports promising assay results from its Limestone Coast Project, revealing significant rare earth element concentrations that bolster its exploration prospects in South Australia.

Flynn Gold’s latest diamond drilling at the Trafalgar Prospect within its Golden Ridge Project reveals multiple high-grade gold veins, reinforcing the prospect’s geological model and potential scale. The company plans further drilling to refine resource estimates.