Latest Resource Development News

Macro Metals Limited and WA Limestone have completed the acquisition of the Derby East Construction Sands Project near Derby, WA, positioning themselves to tap into growing Southeast Asian sand markets. The project offers low-risk mining potential with strong logistics links to the Port of Derby.

Nexus Minerals’ recent RC drilling at the Payns Prospect within the Wallbrook Gold Project confirms extensive gold mineralisation with impressive high-grade intercepts, reinforcing the prospect’s potential to expand the project’s resource base.

Perseus Mining reports robust drilling results at its Nyanzaga Gold Project in Tanzania, highlighting significant high-grade gold intercepts and potential for mine life extension beyond the initial 11-year plan.

Dreadnought Resources has identified a large, open gold-in-soil anomaly at Steve’s Reward within its 100% owned Mangaroon Gold Project in Western Australia, with drilling underway and assay results expected soon.

Elevate Uranium Ltd has made significant strides in its uranium exploration and development efforts, with its U-pgrade pilot plant nearing shipment and promising drilling results expanding mineralisation at key Namibian projects.

Sheffield Resources reported record quarterly production and positive operating cashflow at its Thunderbird Mine, while progressing its South Atlantic Project in Brazil with a maiden resource estimate and key approvals.

West Coast Silver has revealed impressive silver assay results up to 490 g/t from recent sampling at its Elizabeth Hill project, suggesting expanded mineralisation beyond the historic mine. Follow-up exploration activities are underway to define new targets.

DY6 Metals has significantly expanded its rutile and heavy mineral sands footprint in Cameroon while uncovering high-grade gallium mineralisation in Malawi, backed by a fresh A$4.625 million capital raise.

Whitebark Energy has completed a crucial cultural heritage survey at its Alinya Project, paving the way for soil geochemistry testing aimed at unlocking hydrogen, helium, and hydrocarbons in one of Australia’s largest undrilled sub-salt structures.

Larvotto Resources has successfully raised US$105 million through a senior secured bond to fund the restart of its Hillgrove Gold-Antimony Project in New South Wales, targeting mining operations by mid-2026.

Manhattan Corporation has secured regulatory approvals to begin field activities at its Hook Lake Project in Nunavut, Canada, targeting a historic high-grade gold deposit and polymetallic prospects. Initial work aims to validate past data and prepare for a maiden drilling campaign.

Cazaly Resources confirms robust gold mineralisation at Duke of York and discovers a promising new target, Duchess, at its Goongarrie Gold Project. Early drilling results and reprocessed geophysics set the stage for expanded exploration.