Latest Resource Development News

Strata Minerals Limited has expanded its Zelica Gold Project corridor to approximately 9.5km through a strategic tenement acquisition and completed a 2,209m Phase 2 RC drilling program, with assay results expected within 4-6 weeks.

Far Northern Resources Limited (ASX:FNR) has reported significant assay results from its Phase 2 drilling program at the Bridge Creek mining lease in the Northern Territory, revealing extensions of gold mineralisation to the north, south, and down dip of the known ore body.

Hot Chili Limited has reported significant drill results from its La Verde porphyry discovery in Chile, including a standout 725-metre intersection grading 0.42% copper equivalent and a 62-metre high-grade core extension at 1.03% CuEq. These results confirm a major down-dip extension of the high-grade core and near-surface mineralisation, supporting development plans for the Costa Fuego project.

FireFly Metals Ltd reports strong drilling results at its Green Bay Copper-Gold Project in Canada, reinforcing the continuity of high-grade mineralisation in the Core Zone and adjacent VMS zones. These results support an upcoming resource upgrade and economic studies scheduled for mid-2026.

Greenvale Energy Limited has completed a key milestone in its Alpha Torbanite Project test program, progressing towards producing certified bitumen products amid tightening Australian bitumen markets.

Anson Resources has completed a 23-hole drilling program at its Yellow Cat Uranium Vanadium Project in Utah, confirming mineralization extends 2,500 metres along strike between historical workings. Assay results for uranium, vanadium, and critical minerals are pending, with further drilling planned to establish a JORC resource.

White Cliff Minerals has announced metallurgical test results from its Danvers deposit in Nunavut, Canada, showing copper recoveries exceeding 95% and high-grade concentrates produced via conventional flotation without regrinding. These findings support a lower-cost, scalable processing route and coincide with ongoing exploration along the Teshierpi Fault Zone.

Gorilla Gold Mines Ltd (ASX:GG8) reports significant high-grade gold intercepts from ongoing drilling at its Comet Vale Gold Project in Western Australia, supporting potential resource expansion within the North Kalgoorlie Hub.

Greatland Resources delivered solid gold and copper production in the March 2026 quarter, boosting cash reserves to $1.208 billion and maintaining debt-free status. The company expects FY26 production to meet or slightly exceed guidance.

West Coast Silver Limited has initiated a 1,500-metre diamond drilling program beneath the historic Elizabeth Hill silver mine in Western Australia, aiming to test for high-grade silver extensions along the Munni Munni Fault. The program seeks to validate a structural model that could significantly expand the known mineralisation.

Meeka Metals’ March quarter gold production declined due to heavy rainfall impacting mining access, while processing throughput improved significantly. The company expects stable throughput in the near term and increased output as underground ore contributes more.

Vita Resources NL has temporarily halted its maiden drilling program at the Ninnis Gold Project due to Tropical Cyclone Narelle, completing 850 of 1,200 planned auger holes. The company expects drilling to resume later in April, pending weather and ground conditions, with assay results forthcoming.