Latest Resource Development News

Neometals has secured A$7.9 million through a placement and launched a concurrent A$5.1 million entitlement offer to fund gold production at Barrambie and advance lithium exploration in Utah. The capital raise supports a near-term production joint venture and aggressive resource expansion.

Caprice Resources has identified multiple new gold anomalies at its Island Gold Project, setting the stage for deeper drilling follow-up amid a 50,000m program underway.

Greenwing Resources’ latest geophysical analysis reveals the San Jorge lithium brine system extends to 1,000m depth with increasing lithium grades, setting the stage for a significant resource expansion.

BMC Minerals has kicked off its 2026 drilling campaign at the Kudz Ze Kayah Project with a standout massive sulphide intercept at the Krakatoa Zone, pointing to potential extensions beyond current reserves and a longer mine life.

Breakthrough Minerals has kicked off its first diamond drilling campaign at the Barbara Copper-Gold Project, aiming to extend high-grade mineralisation and boost its Queensland resource base shortly after acquiring the North Queensland Copper-Gold Project.

Winsome Resources has advanced its proposed acquisition by Li-FT Power, with shareholder and optionholder meetings scheduled for 5 May 2026 to decide on the scheme of arrangement. The transaction hinges on court approval following a key condition being met.

ADX Energy has started drilling its HOCH-1 shallow gas well in Upper Austria, aiming to unlock significant prospective resources amid high European gas prices. The well is the first of three planned shallow gas targets for 2026.

True North Copper is set to acquire Renegade Exploration’s stake in the Carpentaria Joint Venture, integrating the Mongoose resource with its Taipan deposit to boost the Cloncurry Copper Project’s scale and development potential.

Native Mineral Resources (ASX:NMR) has delivered strong diamond drilling results at its Blackjack Mine, Queensland, confirming and exceeding previous gold grades. Mining has resumed with ore processing underway, supported by new infrastructure and ongoing development.

Renegade Exploration has divested its 22% interest in the Carpentaria Joint Venture to True North Copper for $2.88 million, opting for a mix of cash, shares, and performance rights to maintain exposure to the project’s upside while refocusing on North American assets.

Enegex has identified a promising new gold prospective zone at the AW1 prospect in Côte d’Ivoire’s Tougbe Permit, supported by artisanal sampling and a completed aircore drilling campaign. The company is gearing up for a substantial 3,000m reverse circulation drill program at the nearby Gogo Permit’s Bonoubana Trend.

Aruma Resources has kicked off its maiden diamond drilling campaign at the Tillex Copper-Silver Project in Ontario, aiming to expand the known high-grade copper mineralisation and deliver a substantial resource estimate.