Latest Resource Development News

Cosmo Metals has completed its first drilling program at Spring Creek in NSW after nearly 30 years, revealing high-grade gold mineralisation and identifying a new antimony-rich corridor, supported by government grants to advance exploration.

Charger Metals NL has retained 100% ownership of its Lake Johnston Lithium and Gold Project after Rio Tinto Exploration withdrew from their farm-in agreement. The company also reported a maiden lithium resource at Medcalf and uncovered significant high-grade gold intercepts at the Xmas Gold Discovery.

ACDC Metals has reported encouraging mineralogy results from its Goschen Central Rare Earth Elements project, reinforcing its strategic value amid rising geopolitical interest. The company maintains a solid cash balance to support ongoing development and exploration activities.

SQX Resources has validated historic high-grade gold and silver assays at its US projects, completed a strategic acquisition, and raised $2 million to accelerate exploration.

Native Mineral Resources reports strong assay results from its Blackjack Gold Project in Queensland, revealing significant shallow gold mineralisation and prompting a restart of mining operations.

Legacy Minerals advances its Mt Carrington Project with encouraging drilling results at Mascotte and Battery prospects, highlighting potential for significant silver-gold and copper mineralisation. A scoping study is due in March 2026, underpinning the company’s development strategy.

FIN Resources is gearing up to launch its maiden drilling campaign at the high-grade Cabin Lake Gold Project in Canada’s Northwest Territories, with ice road construction starting in early February and drilling expected by March.

Cavalier Resources has reported significant gold assay results from its Miranda Target drilling near the Crawford Gold Project, underpinning strong project economics in a revised Pre-Feasibility Study.

Clara Resources has progressed its Ashford Coking Coal Project with a planned drilling program and completed a $1.587 million capital raise, while moving to acquire a promising gold project in Far North Queensland.

Energy Transition Minerals signals the end of its strategic partnership with Shenghe, seeking ASX approval to lapse the Top-Up Right tied to their 2016 agreement. This marks a pivotal change as ETM diversifies beyond its Greenland rare earths project.

Alma Metals has reported its most extensive and highest-grade copper intersections to date from the Briggs Copper JV Project, prompting a swift move to prefeasibility studies. The company also strengthened its balance sheet with a $2.1 million capital raise.

Superior Resources has refreshed its Steam Engine Gold Project resource estimates and secured $2 million in funding to advance drilling and feasibility studies, while also progressing high-grade copper exploration at Greenvale.