Latest Resource Development News

Cygnus Metals reports standout gold and copper drill intercepts at its Golden Eye prospect, signaling a promising new resource within the Chibougamau Copper-Gold Project. The company plans to leverage these results alongside historic data to define an initial Mineral Resource Estimate.

Critical Resources Limited has lodged applications to begin maiden drilling at two promising antimony-gold targets within its Halls Peak Project in NSW, aiming to unlock significant mineral potential near Australia’s largest known antimony-gold system.

Prospech Limited reports promising metallurgical test results from its Korsnäs Rare Earth Element resource, highlighting apatite as the dominant and well-liberated mineral. The company is fast-tracking bench-scale concentrate production and hydrometallurgical extraction to advance resource development.

Boss Energy reports a successful ramp-up to commercial production at its Honeymoon uranium mine, backed by a robust $229 million cash position and promising growth at its US Alta Mesa project.

Aguia Resources reports steady underground mining at 15 tonnes per day at its Santa Barbara Gold Project, with plans to boost processing capacity to 50 tonnes per day by July 2025 and imminent gold sales.

Marmota Limited has agreed to sell its West Melton copper tenement to G4 Metals in a $1 million share deal, tying its returns to G4’s planned 2026 IPO and resource milestones.

Lunnon Metals has announced its inaugural Mineral Resource Estimate for the Lady Herial gold deposit, marking a rapid progression from discovery to resource in just 15 months. The shallow, high-grade deposit is poised for fast-tracked development amid strong gold prices.

A landmark High Court ruling in South Africa exempts upstream petroleum activities from the Gas Act, easing regulatory burdens for companies like Renergen and Tetra4.

Trigg Minerals has identified significant high-grade antimony mineralisation from historical back sampling at its Wild Cattle Creek deposit, previously excluded from its 2024 Mineral Resource Estimate, revealing promising upside potential for resource expansion.

Waratah Minerals’ maiden drilling at Breccia West within the Spur Gold-Copper Project has intersected substantial porphyry copper-gold mineralisation, validating its exploration strategy and highlighting a compelling new drill target.

OD6 Metals has secured regulatory approval to resume exploration at its historic Gulf Creek Copper Project in NSW, with assay results from six completed drill holes expected soon to shape future programs.

Viking Mines has reported a standout high-grade gold intercept with visible gold at its Riverina East Project, highlighting significant exploration upside in a prolific gold district. The discovery at the Bifrost Target opens new avenues for follow-up drilling and resource expansion.