Latest Resource Development News

Mt Malcolm Mines NL has reached a significant production milestone within 3.5 years of its ASX listing, generating initial revenue from gold sales while expanding its exploration footprint across multiple prospects in Western Australia's Leonora region.

Cobalt Blue Holdings Limited is set to rebrand as Core Blue Minerals Limited, reflecting its strategic shift to diversify beyond cobalt into copper and other base metals through a new Earn-in agreement for the Halls Creek Project.

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.

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.

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.

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.

New Age Exploration Limited has reported compelling high-grade gold intercepts from its Wagyu Gold Project in Western Australia's Central Pilbara, confirming the project's growing potential ahead of a planned RC drilling campaign.

D3 Energy has secured three new Technical Cooperation Permits near its flagship ER315 project, broadening its footprint in a world-class helium province and setting the stage for potential resource growth.

Prodigy Gold NL has unveiled its comprehensive exploration plans for 2025, targeting resource expansion at Hyperion and Tregony deposits while advancing development options at Old Pirate. The company aims to leverage drilling results and metallurgical studies to accelerate project development in the Northern Territory.

Invictus Energy has secured Environmental and Social Impact Assessment approval for pilot gas production at its Cabora Bassa Project, unlocking the path to commercial gas extraction and power generation in Zimbabwe.

James Bay Minerals has bolstered its executive team with founder Matthew Hayes stepping in as Executive Director and Andrew Dornan moving to Executive Chair, alongside key technical appointments aimed at advancing its Independence Gold Project in Nevada.

Axel REE has engaged SRK Consulting and ANSTO to initiate a maiden Mineral Resource Estimate and metallurgical testing for rare earth elements and gallium at its flagship Caladão Project in Brazil, marking a pivotal step in developing one of the world’s few combined REE and gallium resources.