Latest Resource Development News

Tesoro Gold reports strong assay results from its ongoing infill drilling at the Ternera Gold Deposit in Chile, reinforcing the deposit’s continuity ahead of a mid-year resource update. The company is also preparing to shift focus to a new discovery drilling campaign across the district.

Enegex Limited has reported multiple strong gold intercepts from its first aircore drilling campaign at the Kalama Bave prospect in Côte d’Ivoire, confirming a broad and high-grade mineralised system near surface.

Morella Corporation has completed a 20-hole drilling program at its Mt Edon Rubidium-Lithium Project, intercepting thick, continuous pegmatite zones that bolster the case for a significant mineral resource. Assay results are awaited as the company moves toward a maiden Mineral Resource Estimate.

Resolute Mining and Guinea’s state-owned Nimba Mining Company have signed a landmark MoU to jointly explore and potentially develop gold projects, marking a significant step in Guinea’s mineral diversification.

PolarX Limited’s latest drilling at the Ridgeline prospect in Nevada reveals extensive silver mineralisation alongside impressive gold grades, underscoring the potential for a major discovery within the Humboldt Range Project.

Infini Resources has finalised drill targets for a maiden 2,500m diamond drilling campaign at its Reynolds Lake and Reitenbach Lake uranium projects, aiming to unlock the potential of a large, underexplored uranium system on the eastern margin of the Athabasca Basin.

Miramar Resources has revealed significant shallow gold mineralisation extending over 600 metres at its Highway Prospect within the Gidji JV Project near Kalgoorlie, including high-grade intercepts up to 9.45g/t Au. The company is advancing plans for resource evaluation and further drilling to capitalise on these promising results.

Great Western Exploration is set to begin drilling nine copper-gold targets in the Yerrida Basin, backed by a $3.75 million capital raise and strong cash reserves. The campaign kicks off mid-April at the Oval target, which shows promising geological parallels to the nearby DeGrussa deposit.

Aeris Resources has expanded its Golden Plateau drilling program to 14,000 metres following a series of strong high-grade gold intersections, reinforcing the deposit’s potential as a key ore source for its Cracow operation.

Caspin Resources accelerates exploration at its Bygoo Tin Project with promising new targets identified through an innovative Induced Polarisation survey and expanding drilling programs.

Accelerate Resources is set to drill the Fluffy Prospect at its Balagundi Project in Western Australia, targeting significant gold mineralisation after three decades of dormancy. Historic and recent surveys have sharpened focus on this promising site.

Lincoln Minerals has secured all necessary approvals to begin a targeted drilling campaign at its Minbrie Copper Project in South Australia, aiming to unlock significant copper and base metal potential.