Latest Resource Development News

Lotus Resources has completed a A$76 million placement to bolster its financial position as it accelerates uranium production at the Kayelekera Mine, aiming for steady state output and first shipments in Q2 2026.

Rapid Critical Metals has reported additional bonanza-grade silver intercepts from its latest drilling at the Webbs Silver Project, reinforcing the presence of multiple high-grade mineralised structures and promising exploration upside.

Evergold Minerals has raised A$5.23 million to accelerate gold exploration at its Mt Monger and Leonora projects in Western Australia, setting the stage for imminent drilling and resource expansion.

Elixir Energy has reached 2,320 metres in the Lorelle-3 appraisal well and is preparing to drill the reservoir section targeting the Dunk member of the Tinowon Sandstone, with flow testing planned before mid-2026.

West Coast Silver Limited is undertaking a detailed technical review at its Elizabeth Hill Silver Project to refine exploration targets and development plans for 2026, supported by a solid $6.2 million cash reserve.

Lotus Resources has launched a A$76 million placement alongside a A$5 million share purchase plan to fund the ramp-up of uranium production at its Kayelekera mine, aiming for steady-state output by mid-2026 amid strong market fundamentals.

Greenwing Resources updates its strategy for the Que River Project, combining a renewed mining push with an innovative plan to develop digital infrastructure on site.

Great Western Exploration has raised $3.75 million to fund multiple copper-gold drilling programs at its Yerrida North Project in Western Australia, with drilling set to begin imminently at the Oval VHMS target.

Stelar Metals has reported impressive high-grade silver assays up to 211 g/t at its Baratta Copper Project in South Australia, highlighting the project's potential as a significant copper-silver resource.

Moho Resources has expanded its Bush Chook Gold Project with 13 new tenements, revealing four promising gold targets backed by strong trench and rock chip assays. A substantial drilling campaign is set to begin in late March 2026 to test these prospects.

Skylark Minerals has kicked off a major 23,000-metre drilling program at its flagship Zaranou Gold Project in Côte d’Ivoire, aiming to expand its mineral resource and uncover new gold zones. The campaign marks a rapid progression from acquisition to active exploration.

Sky Metals has expanded the known mineralised strike at its Doradilla Tin Project to over 10 kilometres, revealing high-grade tin-polymetallic results that significantly surpass previous targets and set the stage for a major drilling campaign.