Latest Resource Development News

Kalgoorlie Gold Mining Limited has completed its farm-in at the Pinjin Gold Project, securing a 75% interest and surpassing key milestones with over 75,000 ounces of near-surface gold defined. This positions the company to accelerate exploration in the underexplored Laverton Tectonic Zone.

Black Cat Syndicate reports promising underground drilling results at its Paulsens Gold Operation, with development progressing faster than planned in the newly targeted Gabbro Veins. The company is poised to ramp up production as exploration continues.

Korab Resources has successfully renewed its Exploration Licence EL31341, extending its tenure at the mineral-rich Rum Jungle Project near Batchelor, Northern Territory. This renewal underpins ongoing exploration efforts in a highly prospective region.

Golden Horse Minerals reveals promising drilling results at its Hopes Hill gold project, highlighting continuity of mineralisation at depth and a significant southern extension. The company also reports encouraging shallow high-grade intercepts at the nearby Irene Betty prospect.

Pivotal Metals Limited has updated its exploration findings at the Lorraine Prospect in Quebec, revealing a broad corridor of bonanza-grade gold mineralisation alongside significant copper and nickel targets. The company is accelerating fieldwork to define drill targets within this highly prospective greenstone belt.

Podium Minerals launches a $2.61 million rights issue to advance its Parks Reef PGM project, capitalising on strong market fundamentals and significant resource growth potential.

Podium Minerals Limited has launched a fully underwritten $2.6 million entitlement offer to fund advanced metallurgical testing at its flagship Parks Reef Project, aiming to enhance platinum group metals recovery and concentrate grades.

Mt Malcolm Mines NL has closed its entitlement offer, raising $457,614 and leaving additional shares available under a shortfall offer as it advances exploration in Western Australia.

Southern Cross Gold Consolidated Ltd has reported extraordinary drill results from its Sunday Creek project in Victoria, revealing ultra-high-grade gold and antimony mineralization that significantly expands the discovery footprint.

Kali Metals has reported high-grade gold assay results up to 19.2 g/t from its Marble Bar Project in Western Australia, revealing a 1.4km gold-bearing outcrop. The company is gearing up for an expanded exploration campaign including drone surveys and a maiden drill program.

Warriedar Resources has raised A$17 million through a placement to fast-track drilling and development at its Ricciardo deposit, home to Australia’s largest open-pit antimony resource and over 1 million ounces of gold. A Share Purchase Plan will follow, targeting an additional A$2 million.

Alicanto Minerals is set to launch a targeted, low-cost exploration program this northern summer across its Swedish Falun and Sala projects, aiming to unlock new copper, gold, and silver prospects while advancing strategic partnerships.