Latest Resource Development News

Minerals 260 has significantly expanded its Bullabulling Gold Project footprint by acquiring joint venture interests over 350km2 of highly prospective tenements adjacent to its existing holdings, boosting the total project area to 1,160km2. This $7 million deal consolidates key exploration ground and adds new targets near established deposits.

Oceana Metals is launching a major drilling and re-assaying campaign at its Serra Negra Rare Earths Project in Brazil, aiming for an initial resource estimate later in 2026.

WA1 Resources has boosted the Indicated Mineral Resource at its Luni Niobium Project by 20 Mt, lifting the high-grade subset and reinforcing its global significance in critical metals.

Black Canyon's latest beneficiation trials at Wandanya have consistently upgraded manganese feeds to 40-45% Mn grades with strong recoveries, while iron ore tests show a premium lump product. Ongoing drilling and larger scale testwork aim to refine project economics.

Freehill Mining has secured and reviewed the Mineral Resource Estimate block model for its Blanco y Negro copper-gold project in Chile, enabling accelerated underground mine planning and highlighting growth potential amid a strengthening copper market.

Sunshine Metals has reported standout drilling results from its Liontown Gold Panel, including 22 metres at 20.25 grams per tonne gold, underpinning a resource update and revised mining study planned for mid-2026.

Prospect Resources has kicked off an extensive Phase 3 drilling program at its Mumbezhi Copper Project in Zambia, aiming to expand and upgrade its copper resources with a 26,000-metre campaign supported by geophysical surveys and metallurgical studies.

Legacy Minerals has received NSW Government approvals for an 8,000m diamond drilling campaign at its Mt Carrington Project, targeting promising extensions at Mascotte and first-ever modern testing at the Emu copper-gold prospect.

Austral Resources has bolstered its Cameron River Project with final assays revealing gold and silver alongside high-grade copper at Snow Queen, underpinning its regional growth strategy.

Galileo Mining’s latest diamond drilling at Norseman reveals a newly identified ultramafic sill with 109 metres of PGM mineralisation, reinforcing the project’s potential for multiple stacked intrusive systems along extensive strike lengths.

Develop Global has landed a substantial A$274 million underground mining contract at Core Lithium’s Finniss Project, marking a major shift from Bellevue Gold and boosting its lithium services portfolio.

Tungsten Mining has kicked off on-site preparations for a major drilling campaign at Mt Mulgine, aiming to significantly expand its tungsten resource and potentially define the world's largest deposit.