Latest Resource Development News

Cazaly Resources has launched a 2000m reverse circulation drilling program at the Duke of York prospect within its Goongarrie Gold Project, aiming to validate historical gold intercepts and explore new mineralisation zones.

Marmota Limited has released a detailed overview of its Greenewood Gold deposit, highlighting significant historical high-grade intercepts and outlining plans for its first drilling campaign at the site.

Aguia Resources has landed a A$4 million loan offer from Brazil’s Southern Development Bank to fund the initial phase of its Tres Estradas phosphate project, enabling production to commence by early 2026 with plans for rapid expansion.

Aurum Resources reports significant shallow, wide gold intercepts at its Boundiali Gold Project in Côte d'Ivoire, reinforcing its 2025 drilling campaign and resource expansion ambitions.

Sky Metals reports strong, shallow tin intercepts from ongoing drilling at its Tallebung Tin Project, significantly expanding the deposit footprint and extending mineralisation in all directions.

Noronex Limited has broadened its strategic alliance with South32 to include two new Botswana tenements, backed by promising drilling results from Namibia’s Damara Copper Project that highlight significant regional copper potential.

Cygnus Metals reports robust infill drilling results from its flagship Corner Bay deposit, reinforcing the potential for resource growth and underpinning an upcoming Mineral Resource update scheduled for Q3 2025.

Charger Metals secures $500,000 from Rio Tinto and advances a $1.1 million exploration program at Lake Johnston, boosting its cash position and drilling activity in Western Australia’s lithium hotspot.

James Bay Minerals has commissioned a scoping study to explore near-surface oxide gold development at its Independence Project in Nevada, targeting a low-capex open-pit heap leach operation. The project also holds a substantial high-grade skarn gold resource, hinting at significant future growth potential.

Vanadium Resources Limited has signed a non-binding MoU with China Precious Asia Limited to supply 1.2 million tonnes per annum of vanadium-rich magnetite ore, marking a strategic step toward near-term production and early cashflow generation from its Steelpoortdrift project.

Strickland Metals has ramped up its exploration efforts at the Rogozna Gold and Base Metals Project in Serbia by deploying a seventh diamond drill rig, intensifying the search for high-grade gold mineralisation ahead of a maiden resource estimate.

Aguia Resources has reported promising initial drill results at its Santa Barbara gold project in Colombia, confirming key geological models and supporting a significant high-grade gold target. The company plans to accelerate drilling to further define the resource and advance mine planning.