Latest Resource Development News

Nagambie Resources Limited reported a tightening cash position in its December 2024 quarter but maintains confidence in ongoing operations backed by over $1 million in available funding.

Nagambie Resources has updated its JORC Inferred Resource at the Nagambie Mine, reflecting higher gold and antimony prices and ongoing drilling efforts to expand and upgrade the deposit.

DGR Global Limited's December 2024 quarterly report reveals active exploration progress, ongoing legal disputes over Armour Energy, and strategic financing initiatives aimed at sustaining growth.

Cannindah Resources has completed a $5 million capital raise and commenced drilling at its Mt Cannindah copper-gold project, following a significant resource upgrade. Early drilling results reveal promising mineralised breccia zones, underpinning the company’s exploration momentum.

Pearl Gull Iron Limited reports steady progress in exploration planning on Cockatoo Island despite seasonal challenges, maintaining environmental commitments and exploring new asset opportunities.

RTG Mining Inc. is advancing rapidly towards financing the Stage 1 Direct Shipping Operation at its high-grade Mabilo Copper and Gold Project in the Philippines, with a capital budget confirmed under US$25 million. Meanwhile, exploration at the Chanach Project in Kyrgyzstan reveals significant porphyry targets, positioning RTG for a pivotal year ahead.

Ten Sixty Four Limited reports a 9% rise in gold production to 13,123 ounces and a reduction in all-in-sustaining costs to US$2,045 per ounce for the September 2024 quarter, while advancing its Tigerway Decline project and navigating ongoing restructuring.

Taiton Resources has acquired key land at its Kingsgate Project and reported exceptionally pure quartz samples, underpinning its strategic focus on high-value mineral exploration in New South Wales.

Galan Lithium Limited advances its Hombre Muerto West project with a new mining permit and a significant resource upgrade at Candelas, positioning itself among the global lithium leaders and targeting production in H1 2026.

New Age Exploration Limited (ASX: NAE) reports encouraging gold intercepts from its Wagyu Gold Project in the Pilbara, Western Australia, alongside a $1.75 million capital raise to fund further exploration. The latest drilling phases reveal a significant 'sickle-shaped' mineralised zone, reinforcing the project's potential.

GreenTech Metals has launched a significant 4,000m diamond core drilling program at its Whundo copper-zinc project, aiming to substantially increase its resource base. Despite compelling lithium assets, the company remains focused on copper exploration, supported by a recent capital raise.

Lithium Plus Minerals reports promising pegmatite intersections at its Liana Prospect and maintains a solid cash position of A$4.08 million, setting the stage for expanded exploration in 2025.