Latest Resource Development News

Stellar Resources reports significant progress at its Heemskirk Tin Project, including record high-grade tin intersections and the launch of a Prefeasibility Study, supported by a strong cash position and strategic infrastructure agreements.

Medallion Metals Limited has intersected substantial semi-massive to massive sulphides in its latest diamond drilling at the Trilogy Deposit, setting the stage for potential commercialisation via existing Forrestania infrastructure.

Premier1 Lithium Limited has reported multiple high-grade gold assay results from its Yalgoo Project, revealing significant new mineralisation zones and setting the stage for a targeted drilling campaign in early 2025.

Marmota Limited is set to begin an extensive drilling program at its Muckanippie Heavy Minerals Titanium discovery, following exceptional assay results that highlight the project's potential.

Ora Banda Mining reports a robust December quarter, boosting cash reserves to $57.8 million and advancing underground operations at Riverina and Sand King towards a 150koz production target in FY26.

Meeka Metals reports continued high-grade gold intersections at its Turnberry site within the Murchison Gold Project, reinforcing strong production prospects as mining is set to begin in March 2025.

Kingsland Minerals has reported robust infill drilling outcomes at its Leliyn Graphite Project, setting the stage for an upgrade to Indicated Mineral Resources and a forthcoming Scoping Study. The recent strategic investment by Quinbrook Infrastructure Partners bolsters the project's development trajectory, particularly for downstream processing.

Basin Energy has completed its acquisition of a promising uranium and green energy metals portfolio in Scandinavia, marking a significant expansion into a historically overlooked region. The move positions the company to leverage emerging opportunities in the Nordic green energy sector.

Magnetic Resources has significantly increased the gold resource estimate at its Lady Julie Gold Project to 1.75 million ounces, advancing plans for concurrent underground mining and an expanded processing plant.

BPM Minerals reports significant progress at its Claw Gold Project, completing a third drilling phase and preparing for expanded exploration across new tenements. The company maintains a strong cash position to support its growth ambitions.

Indiana Resources Limited has confirmed a new high-grade gold zone at its Minos Gold Prospect in South Australia, with assays revealing grades up to 45.8 g/t gold. The company is accelerating its 2025 drilling program to expand this promising discovery.

Carnaby Resources is set to commence a 3,400m maiden drilling program at its Trekelano deposit in February 2025, aiming to accelerate the Greater Duchess Project's development and enhance its copper-gold resource base.