Latest Resource Development News

Cullen Resources has identified significant, untested gold anomalies across a 25km trend at its Yardilla project in Western Australia, highlighting promising prospects for future drilling campaigns.

Cyprium Metals has completed the second tranche of its placement, raising A$13.5 million through issuing over 483 million shares and accompanying options, positioning the company to accelerate development at its flagship Nifty Copper Mine.

QMines Limited has reported outstanding near-surface copper intersections at its Develin Creek project, confirming the continuity of high-grade mineralisation at the Scorpion deposit and setting the stage for imminent resource upgrades and further drilling.

Barton Gold has completed a 2,230m follow-up drilling campaign at its Tolmer prospect, revealing impressive high-grade gold and silver assays that could reshape the project’s potential.

AusQuest Limited has confirmed a significant porphyry copper-gold discovery at its 100%-owned Cangallo Project in southern Peru, revealing extensive near-surface mineralisation and promising assay results from its maiden drilling program.

Enova Mining reports multiple drill intercepts exceeding 15% titanium dioxide at its CODA North project, highlighting significant co-mineralisation with rare earth elements and reinforcing the project's multi-commodity potential.

Benz Mining has launched its inaugural drilling campaign at the Glenburgh Gold Project in Western Australia, aiming to expand high-grade gold resources with results expected to shape an updated mineral resource estimate later this year.

Magnetic Resources NL reports significant expansion of the Lady Julie North 4 gold deposit, with recent drilling extending mineralisation to over 1,000m depth and a feasibility study underway to explore both open pit and underground mining potential.

Antares Metals has identified several promising exploration targets at its Conglomerate Creek project through detailed magnetic and gravity surveys, with 3D modelling underway to refine these findings.

OzAurum Resources has reported a significant high-grade gold discovery at its Mulgabbie North Gold Project, highlighted by visible gold and substantial quartz veining. Follow-up drilling is set to expand on this promising find, potentially boosting the project’s value.

Blackstone Minerals Limited has requested an immediate voluntary suspension of its shares as it finalises a proposed merger, signaling a significant strategic shift for the mining company.

Akora Resources has confirmed that intermediate grade iron ore at its Bekisopa Project can be upgraded to saleable products, potentially extending mine life and enhancing project economics ahead of its March 2025 Pre-Feasibility Study.