Latest Resource Development News

OD6 Metals has secured regulatory approval to resume exploration at its historic Gulf Creek Copper Project in NSW, with assay results from six completed drill holes expected soon to shape future programs.

Somerset Minerals has completed its acquisition of the high-grade Coppermine copper project in Nunavut, Canada, and is set to begin a maiden exploration campaign backed by a $2.39 million capital raise.

Advance Metals Limited has commenced its inaugural drilling program at the high-grade Yoquivo Silver-Gold Project in Chihuahua, Mexico, aiming to unlock significant value from its substantial silver-gold mineralisation.

Advance Metals reports robust assay results from its maiden drilling at Myrtleford, confirming high-grade gold mineralisation and revealing multiple new regional targets. The company is poised to expand exploration following a successful capital raise.

Pioneer Lithium has reported significant uranium mineralisation at its Skull Creek Project in Colorado, with rock chip samples revealing grades up to 1,240 ppm U3O8 beneath soil cover. The discovery broadens the project's potential with multiple uranium-bearing lithologies identified.

West Cobar Metals has secured all approvals to begin a fully funded RC drilling program at its Fraser Range Project, targeting five priority copper-gold and base metal prospects starting mid-May 2025.

Classic Minerals Limited has completed the sale of its Kat Gap tenements for A$7 million, using the proceeds to retire debt and accelerate exploration at its Lady Ada and Lady Magdalene gold projects within the Forrestania region.

Equinox Resources has successfully raised A$3 million through a strategic placement to fund key milestones across its titanium, antimony, and iron ore assets. The capital injection aims to drive resource estimation, drilling, and legal progress in multiple jurisdictions.

Codrus Minerals has obtained a significant drilling permit for its Bull Run Gold Project in Oregon, reviving exploration at a historically productive site with promising past results and strong government support.

Viking Mines has reported a standout high-grade gold intercept with visible gold at its Riverina East Project, highlighting significant exploration upside in a prolific gold district. The discovery at the Bifrost Target opens new avenues for follow-up drilling and resource expansion.

Ausmon Resources has initiated a focused Aircore drilling campaign across four tenements in South Australia's Limestone Coast, aiming to expand on promising rare earth element findings from prior programs.

Strickland Metals has launched its largest-ever exploration campaign at the Rogozna Gold and Base Metals Project in Serbia, targeting resource expansion and new discoveries with over 50,000m of drilling planned in 2025.