Latest Resource Development News

Sun Silver Limited reports breakthrough high-grade silver-gold intercepts at Maverick Springs alongside a $30 million capital raise to accelerate exploration and development.

Siren Gold Limited reports significant progress on its New Zealand gold and antimony projects, with a mining permit decision for Sams Creek expected by year-end and ongoing drilling poised to upgrade resource classifications.

Western Yilgarn NL has significantly expanded its bauxite portfolio with the acquisition of the Cardea projects, lifting its total JORC bauxite resources to 188 million tonnes, while also securing a promising new gold project in Western Australia’s Gascoyne region.

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.