Latest Resource Development News

AusQuest Limited has significantly expanded the copper mineralisation at its Cangallo Project in Peru, extending the porphyry system to over 1,500 metres with promising assay results. Further drilling is planned to explore depth and lateral extensions, highlighting the project's growing potential.

Evolution Mining has secured a significant capital injection and reduced streaming rates in a revamped agreement with Triple Flag, paving the way for development of the gold-rich E44 deposit at Northparkes.

Olympio Metals has resumed drilling at its Bousquet Gold Project in Quebec, focusing on the Paquin Prospect to build on last year’s high-grade gold discoveries. The new program aims to modernise data and explore previously under-drilled shallow zones.

Dart Mining NL has acquired the Skarn Ridge Copper-Gold and Mt Bauple Graphite projects in southeast Queensland for AUD 25,000, adding two exploration permits to its growing portfolio. This strategic move strengthens Dart’s regional presence and exploration pipeline in a historically mineral-rich area.

Argent Minerals has reported exceptional high-grade gold rock chip results up to 73.3 g/t Au at its Trunkey Creek Project, confirming a 4.7 km mineralised corridor and paving the way for its first drilling campaign.

Evolution Energy Minerals Limited has announced a renounceable pro-rata entitlement offer to raise up to $4.03 million, aiming to fund exploration and development of its Tanzanian copper and graphite assets. The offer includes free attaching options and is partially underwritten, reflecting both opportunity and risk amid regulatory challenges.

Evolution Energy Minerals has announced a $4 million renounceable entitlement offer priced at 1.5 cents per share, including free attaching options, with major shareholder Metals One Plc committing $1 million.

BPM Minerals has raised A$3.5 million in a placement anchored by Terra Capital and Tribeca Investment Partners to accelerate exploration at its promising Forelands Gold Project in Western Australia.

Lindian Resources has launched a significant Stage 2 drilling program at its Kangankunde Rare Earths Project in Malawi, aiming to upgrade resource confidence and expand production capacity. The initiative targets converting up to 40 million tonnes of inferred resources to indicated status, underpinning plans to increase ore throughput and monazite concentrate output.

Novo Resources has significantly expanded the exploration target at its Belltopper Gold Project in Victoria, incorporating new reef discoveries and extensions that increase potential gold ounces by up to 54%. The company plans drilling in the second half of 2026 to further validate these promising findings.

FMR Resources has reported encouraging initial assay results from its Goshen drilling at the Fairfield Copper Project in Canada, confirming a mineralised copper system open in multiple directions. Further assays and integrated geophysical analysis are underway to refine exploration targets.

St Barbara Limited has expanded its Nova Scotia exploration portfolio with 44 new targets near its 15-Mile Processing Hub, aiming to extend the mine life beyond 11 years. The company has acquired 174 exploration licences and plans extensive drilling and sampling in 2026.