Latest Resource Development News

Dreadnought Resources has reported new drilling results from its Stinger critical metals deposit, expanding high-grade niobium, rare earth, and scandium mineralisation. Metallurgical studies suggest commercial potential, with an updated JORC Exploration Target due in May 2026.

Flynn Gold Limited (ASX: FG1) is intensifying exploration at its Golden Ridge Project in northeast Tasmania, focusing on trenching and drilling to extend high-grade gold mineralisation. Concurrently, the company is assessing the feasibility of a regional gold processing hub and progressing exploration at the Mangana Project with government support.

Great Northern Minerals Ltd has finalised the sale of its remaining minority interest in Golden Ant Mining Pty Ltd, receiving $1.9 million in cash and strengthening its liquidity to approximately $4.4 million. The company plans to deploy these funds towards ongoing exploration and potential acquisitions.

Kaiser Reef Limited (ASX:KAU) delivered 5,534oz of gold across its Henty and Maldon operations in Q1 2026, grew its cash balance to A$45.6 million, and outlined plans to address production shortfalls at Henty while expanding capacity at Maldon.

Magnum Mining and Exploration Limited has initiated a large-scale auger drilling program at its Piracanjuba prospect within the Azimuth Rare Earth Element Project in Brazil, aiming to define an Exploration Target and a JORC Mineral Resource Estimate by late 2026.

Alligator Energy Ltd has reported positive operational results from the first well pattern at its Samphire Uranium Project Field Recovery Trial, with uranium recovery exceeding 55% and reagent consumption aligning with expectations, validating key assumptions from its December 2023 Scoping Study.

Elixir Energy and APA Group have partnered to assess the optimal pipeline route for gas from the Lorelle pilot project to Queensland’s Wallumbilla Gas Hub, aiming to support future development decisions.

Zenith Minerals has reported deep diamond drilling results at its Red Mountain Gold Project in Queensland, confirming a vertically extensive mineralised system beyond 700 metres. The company plans a significant reverse circulation drilling program to test lateral and depth extensions, guided by new 3D geochemical modelling.

Mithril Silver and Gold Limited reports positive exploration results from its Copalquin project in Durango, Mexico, highlighting significant high-grade silver and gold intercepts at Targets 3 and 5, reinforcing the district-scale potential.

Rapid Critical Metals Ltd has acquired an 80% interest in Green Copper Pty Ltd, gaining control of the Tooloom Silver Project in northern New South Wales. The acquisition adds a large, historically productive silver district with multiple high-grade targets, complementing Rapid's existing NSW assets.

Benz Mining Corp reports multiple new high-grade gold discoveries at Hurricane Camp within the Glenburgh Gold Project, confirming a significant new mineralised corridor and accelerating exploration efforts.

OD6 Metals has announced continuous and high-grade fluorspar mineralisation at its Quinn Fluorspar Project in Nevada, with channel sampling returning 12 metres at an average grade of 40.8% CaF2, including a peak of 54.0% CaF2. These results validate historic data and indicate a large-scale breccia replacement system with significant untested potential.