Latest Resource Development News

Lunnon Metals reports outstanding metallurgical test results from its Lady Herial gold prospect, achieving an average 95% gold recovery and highlighting significant gravity recoverable gold. These findings pave the way for accelerated development and potential cash flow generation.

Gorilla Gold has reported compelling new high-grade gold intercepts at its Comet Vale Project, revealing a continuous gold zone beyond the current resource boundary. The ongoing drilling campaign aims to further define this emerging discovery, potentially reshaping the project's growth trajectory.

Golden Horse Minerals has reported promising high-grade gold intercepts from its maiden drilling campaign at the Hakes Find project in Southern Cross, validating historic data and setting the stage for expanded exploration.

King River Resources Ltd reports robust 2024 assay results from its Kurundi Main and Regional targets, revealing significant high-grade gold and copper mineralization and new structural discoveries that could reshape its Tennant Creek exploration outlook.

E79 Gold Mines has entered a strategic earn-in and joint venture agreement with Scorpion Minerals over the Jungar Flats Project, enabling E79 to reduce expenditure while focusing on promising gold and copper-gold projects elsewhere.

Axel REE has engaged SRK Consulting and ANSTO to initiate a maiden Mineral Resource Estimate and metallurgical testing for rare earth elements and gallium at its flagship Caladão Project in Brazil, marking a pivotal step in developing one of the world’s few combined REE and gallium resources.

Benz Mining has exercised its option to acquire additional tenements adjacent to the Glenburgh Gold Project, extending its potential gold strike by over 20km and reinforcing its exploration ambitions in Western Australia.

Siren Gold has restarted drilling at its Sams Creek Project in New Zealand, aiming to expand its 824,000-ounce gold resource by targeting deeper porphyry structures and fold hinges. The company plans a focused drilling campaign and mining study in 2025 to unlock further value.

BMG Resources is ramping up its drilling efforts at the Abercromby Gold Project with assays from Phase 1 drilling imminent, aiming to expand its existing 518,000oz gold resource. Concurrently, a new drilling program is planned for the nearby Bullabulling Project following a major regional acquisition.

Global Lithium Resources Limited has refreshed its board following the 2025 AGM, appointing Dr Dianmin Chen as Managing Director and CEO to spearhead strategic milestones at the Manna Lithium Project and restore investor confidence.

FireFly Metals Ltd reports a significant 42% increase in mineral resources at its Green Bay Copper-Gold Project, underpinned by robust drilling results and a well-capitalized balance sheet with over A$84 million in cash and liquid assets.

Olympio Metals has entered an Option Agreement to sell its remaining Halls Creek tenements to Clutch Group, enabling a sharper focus on its flagship Dufay Cu-Au Project in Quebec.