Latest Resource Development News

Lodestar Minerals has secured a binding earn-in agreement for the Nicanor copper-gold project in Chile, revealing promising rock chip assays and drill-ready targets in a Tier-1 mining jurisdiction.

Advance Metals reports robust silver-gold assay results from its maiden diamond drilling at the Yoquivo Project in Mexico, revealing mineralisation beyond previous estimates. Ongoing drilling and historic core re-sampling aim to refine resource potential.

Dreadnought Resources advances its Gifford Creek Carbonatite project with a targeted diamond drilling campaign to supply metallurgical samples amid rising commercial interest in rare earths and critical metals.

Australian Mines Limited reveals promising exploration outcomes from its Boa Vista Gold Project in Brazil, highlighting significant gold intercepts and a strategic earn-in agreement. The project’s open mineralisation and upcoming drilling program signal strong growth potential.

Australian Mines Limited has secured earn-in rights to the advanced Boa Vista Gold Project in Brazil’s prolific Tapajós Gold Province, aiming to earn up to an 80% stake through staged exploration and development milestones. The company also announced a $2.5 million capital raising to fund upcoming exploration activities.

Adavale Resources has intensified exploration at its Parkes Gold and Copper Project, initiating a maiden drilling campaign at London Victoria Mine while expanding prospect assessments across multiple sites.

Adavale Resources has raised $2.65 million to accelerate drilling at its Parkes Gold Project, aiming to expand the resource at the London Victoria Gold Mine and advance multiple exploration targets.

Nimy Resources reports outstanding high-grade gallium assay results from Phase 2 drilling at its Block 3 Gallium Project in Western Australia, reinforcing its potential as a world-class resource ahead of a maiden JORC estimate.

S2 Resources has closed its Share Purchase Plan significantly oversubscribed, prompting a pro-rata scale back. The combined funds from the SPP and recent placement will accelerate exploration across multiple Australian projects.

Torque Metals has kicked off a fully funded 6,500-metre drilling campaign at its Paris Gold Project in Western Australia, aiming to expand its 250,000-ounce gold resource by targeting high-grade zones identified through advanced electromagnetic surveys.

Legacy Minerals' latest Airborne Magneto Tellurics survey at the Drake Project reveals extensive new gold-copper-silver targets, highlighting significant potential for resource expansion and fresh discoveries.

Scorpion Minerals has commenced a targeted RC drilling campaign at its expansive Pharos Gold Project in Western Australia, aiming to follow up on multiple historic high-grade gold zones along a highly prospective shear corridor.