Latest Resource Development News

Hot Chili Limited reveals a significant copper-gold porphyry discovery at La Verde, underpinning the growth of its Costa Fuego project in Chile with strong resource expansion and strategic infrastructure advantages.

Westgold Resources reports robust high-grade gold intercepts from its Fletcher Zone drilling at Beta Hunt, with a maiden Mineral Resource Estimate expected by late Q4 FY25. The company also plans to initiate drilling at the promising Mason Zone, potentially extending the mineralised strike to around 4km.

Diablo Resources has unveiled a high-grade copper discovery at its newly acquired Phoenix Copper Project near the prolific Lisbon Valley Mine in Utah, with initial rock samples returning up to 45.7% copper and 219 g/t silver. The company is advancing exploration with drilling planned for 2025.

Waratah Minerals has initiated diamond drilling at its Spur Gold-Copper Project in New South Wales, targeting promising porphyry copper-gold-molybdenum mineralisation at the Breccia West Prospect. This move follows recent high-resolution magnetic surveys that have refined exploration targets and aims to deepen understanding of the region's epithermal-porphyry link.

Golden Horse Minerals has reported outstanding initial assay results from Phase 1 drilling at its Hopes Hill gold project, highlighting wide, high-grade mineralisation and reinforcing the project's flagship status.

Saturn Metals reports robust assay results from 38 drill holes at Apollo Hill, reinforcing the continuity of its 2.03 million ounce gold resource and highlighting significant growth potential ahead of a planned resource upgrade in late 2025.

Galileo Mining has released new assay results from its 2024 aircore drilling at the Mission Sill prospect near Norseman, confirming significant palladium and platinum mineralization and setting the stage for an imminent follow-up drilling campaign.

Viking Mines Limited has confirmed a significant gold discovery at its Northern Duplex Target, with drilling revealing a steeply dipping gold zone and promising assay results. The company is gearing up for further exploration to define the extent of this new mineralisation.

Rapid Lithium has successfully placed the full $1 million shortfall from its recent entitlement issue, positioning the company to advance exploration projects in Canada and the USA.

Maronan Metals has reported outstanding metallurgical test results from its carbonate-hosted silver-lead ore, producing high-grade concentrates with recoveries exceeding 90%, reinforcing the project's economic potential.

Ausmon Resources Limited has launched a Share Purchase Plan aiming to raise up to $540,000 by issuing shares at a discounted price, supporting its exploration and operational funding needs.

Brightstar Resources Limited reveals an ambitious growth strategy targeting a significant production ramp-up in 2025, anchored by its Laverton and Menzies hubs and supported by a robust mineral resource base.