Latest Resource Development News

Galan Lithium Limited has announced a substantial 150% increase in its Candelas Mineral Resource to 1.6 Mt LCE, lifting its total Hombre Muerto West resource to 9.5 Mt LCE and securing a spot among the world’s top 10 lithium projects.

White Cliff Minerals has secured all necessary permits to initiate drilling at its Rae Copper Project in Nunavut, targeting exceptionally high-grade copper zones identified in 2024. Drilling is set to commence in March 2025, focusing on the Hulk and Danvers prospects.

Stelar Metals advances exploration at its Baratta Copper Project with new geophysical targets identified in the Bibliando Diapir, reinforcing its potential as a sediment-hosted copper province akin to Africa’s Central Copper Belt.

Peel Mining has reported outstanding drilling results from its Wagga Tank project, revealing high-grade silver, copper, and gold mineralisation that extends the known resource and highlights significant exploration potential.

Greenvale Energy has significantly expanded its uranium portfolio with key acquisitions in the Northern Territory and Queensland, supported by promising airborne survey results and progress in its Alpha Torbanite Project.

Metal Hawk Limited reports exceptional high-grade gold discoveries at its Leinster South Project, alongside a successful $2.5 million capital raise, setting the stage for imminent drilling activities.

Marmota Limited reveals bonanza-grade gold assays up to 107 g/t from its inaugural drilling at Campfire Bore, highlighting significant high-grade zones and promising extensions.

Brightstar Resources has initiated ore haulage from its Laverton Hub under a key Ore Purchase Agreement, setting the stage for its first gold pour in March 2025 and positioning the company for growth amid record gold prices.

New World Resources has identified a significant gold-rich alteration zone at its Antler Deposit, promising to boost the project's resource base and economic outlook ahead of a planned resource update and DFS in late 2025.

Verity Resources has confirmed a significant 1.1km extension of gold mineralisation at the Fred's Well Prospect within its Monument Gold Project in Western Australia, highlighting promising drill results and plans for pit optimisation studies in 2025.

Horizon Minerals reports a $14 million placement and a proposed merger with Poseidon Nickel, alongside key production milestones including the first gold pour at Boorara and a prefeasibility study at Penny's Find.

Burley Minerals has reported robust iron assay results from its Cane Bore Iron Project, significantly enlarging prospective drilling areas and advancing towards a maiden drilling program pending heritage and regulatory approvals.