Latest Resource Development News

Sky Metals has reported strong trenching results at its Tallebung Tin Project, pinpointing four critical zones for bulk sampling and metallurgical testwork that promise to refine resource estimates and optimize production.

Silver Mines Limited is set to commence a 2,000–3,000m diamond drilling program at its recently acquired Elsienora Project, targeting promising silver and gold mineralisation with historic results hinting at McPhillamys-style deposits.

Barton Gold Holdings reports a robust December quarter marked by a $5 million gold sale, extensive drilling at Tunkillia and Tarcoola projects, and a strong cash position heading into 2025.

DevEx Resources reports significant progress in its uranium exploration projects at Nabarlek and Murphy West, with new tenement applications nearing grant and ongoing evaluation of high-grade drilling results.

Advance Metals has approved an initial diamond drilling program targeting exceptionally high-grade gold zones at its Myrtleford Project, aiming to unlock significant regional potential following a strategic joint venture acquisition.

Marmota Limited has launched an extensive drilling program at its Muckanippie Heavy Minerals Titanium discovery, following exceptional assay results that confirm high-grade titanium mineralisation from surface.

Sipa Resources has acquired Buru Energy's 50% stake in the Barbwire Terrace Project, gaining 100% ownership and full operational control. The deal includes a 0.6% Net Smelter Return royalty, positioning Sipa to advance exploration of promising zinc-lead-silver targets in Western Australia.

Rand Mining Ltd reports strong December quarter drilling results at the Hornet deposit within the East Kundana Joint Venture, setting the stage for open pit mining in FY25. The exploration highlights high-grade gold mineralisation and outlines a clear path for resource updates and further discovery drilling.

Tribune Resources Ltd reports strong December quarter drilling results at the Hornet deposit within the East Kundana Joint Venture, setting the stage for open pit mining in FY25.

AusQuest Limited has announced a significant porphyry copper-gold discovery at its wholly owned Cangallo Project in Peru, with maiden drilling revealing extensive mineralisation near surface and strong potential for a low-capital development.

Critica Limited reports a remarkable 830% upgrade in rare earth element concentration from initial metallurgical testwork at its Jupiter Project, signaling strong economic potential for this Western Australian rare earth deposit.

Mithril Silver and Gold Limited reports compelling high-grade silver and gold intercepts from its ongoing Target 1 drilling campaign in Mexico’s Copalquin District, setting the stage for a resource update and expanded exploration in 2025.