Latest Resource Development News

Antares Metals has identified 49 uranium targets within its Mt Isa North Project, highlighting ten as high-priority for imminent exploration. The findings suggest a promising geological setting akin to established uranium deposits nearby.

Australian Gold and Copper Ltd reports encouraging low-grade copper-zinc mineralisation in a newly defined search space west of the Achilles deposit, with plans to resume drilling and conduct advanced geophysical surveys.

Rimfire Pacific Mining has confirmed the Currajong Prospect as a promising new high-grade scandium opportunity, supported by historic drill data. The company plans an extensive drilling campaign in early 2025 to further define this resource within its Fifield project portfolio.

Santana Minerals has reported promising diamond drilling results at its Rise and Shine deposit in New Zealand, revealing minor pit extensions and high-grade intercepts that could refine mine planning and resource estimates.

Black Canyon Limited’s recent infill drilling at the KR2 Prospect confirms thick, high-grade manganese zones, underpinning a potential upgrade from Inferred to Indicated Mineral Resource status and promising improved project economics.

AuMEGA Metals has completed a high-resolution airborne magnetic survey over its Hermitage Gold-Antimony Project, revealing significant structural complexity and aligning with previous high-grade samples. The company plans targeted drilling later in 2025 to unlock the project's potential.

WAT Resources Ltd has successfully produced ferroniobium from its Luni niobium concentrate, marking a key milestone in the West Arunta Project’s development. The proof-of-concept testwork confirms the viability of a conventional production process and sets the stage for further optimisation and product diversification.

WIN Metals has reported significant exploration success at its Butchers Creek Gold Project, with step-out drilling confirming the resource remains open at depth and extending mineralisation 260 metres beyond previous limits.

Mako Gold Limited’s securities have been suspended from ASX trading following Aurum Resources’ dispatch of compulsory acquisition notices, signaling a pivotal ownership transition.

Aeris Resources reported steady copper equivalent production and improved cost management in Q2 FY25, overcoming operational challenges at Tritton. The company advances resource development and feasibility studies, positioning for growth.

Marquee Resources has revealed promising exploration results at its Mt Clement Project, identifying multiple high-grade antimony and lead zones and advancing towards a maiden drilling program in Q1 2025.

OzAurum Resources has announced a significant new high-grade gold discovery at its Mulgabbie North Gold Project in Western Australia, revealing multiple shallow intercepts that could expand its existing resource base.