Latest Resource Development News

Terra Metals has raised $4 million from strategic investors to fund further exploration at its Dante Project, where recent drilling confirms high-grade mineralisation and supports a forthcoming maiden resource estimate.

ACDC Metals has reported strong scoping study results for its Goschen Central heavy mineral sands and rare earth project, highlighting a promising 14-year mine life and a strategic retention licence application to support ongoing development.

CZR Resources has revealed compelling geophysical evidence of potential massive sulphide mineralisation at its Edamurta project in Western Australia, drawing parallels with the nearby Golden Grove deposits. A targeted drilling program is planned to test these promising conductors.

Great Northern Minerals advances the sale of a majority stake in Golden Ant Mining, securing a $1 million payment upon final phase completion, while maintaining a $1.29 million cash balance and exploring new resource opportunities.

Pantoro Gold has reported impressive high-grade drilling results at its OK Underground Mine, confirming mineralisation continuity and resource growth potential at depth within the Norseman Gold Project.

Recharge Metals Limited has made significant progress in its uranium and copper projects, advancing permitting and drill planning in Montana while identifying promising sulphide targets in Western Australia.

Peel Mining has completed key drilling and testwork at its Wagga Tank site while identifying promising gold targets at Nombinnie, setting the stage for expanded exploration.

Nexus Minerals has reported a significant new gold discovery at its Wallbrook Gold Project, highlighted by strong drilling results at the Payns Prospect, while progressing permitting for the Crusader-Templar deposit and maintaining a solid cash position.

S2 Resources advances exploration across multiple Australian projects with promising gold and base metal anomalies, while bolstering its balance sheet through a successful A$3.5 million capital raise.

Tolu Minerals reports significant progress at its Tolukuma Gold Mine, unveiling infrastructure upgrades and a $14.3 million exploration program aimed at boosting production and extending mine life.

Far East Gold has advanced drilling at its Bermol prospect in Indonesia, confirming key geological structures and preparing for expanded resource definition. The company also progresses copper-gold targets in Indonesia and maintains strong cash reserves to support ongoing exploration.

Haranga Resources has completed its acquisition of the Lincoln Gold Project in California, setting the stage for a maiden drilling campaign and a potential JORC-compliant resource estimate by year-end.