Latest Resource Development News

Galilee Energy has confirmed the Zydeco-1 well is drill-ready following enhanced 3D seismic analysis, aiming to tap up to 8 billion cubic feet of gas and 0.5 million barrels of condensate in Louisiana with spudding planned for the second quarter of 2026.

Caprice Resources has raised $12.74 million in a strongly supported placement to accelerate exploration drilling across its Murchison Gold Projects, positioning the company for a busy period of assay results and new targets.

Lodestar Minerals has secured a major drilling contract to advance its Ned’s Creek Gold Project towards a maiden resource estimate in 2026, targeting key prospects with a 10,000-metre program.

Polymetals Resources has begun mining high-grade silver ore at its Endeavor mine, revealing silver grades significantly above expectations and initiating a direct shipping ore trial to capitalise on newfound value.

Vital Metals has reported exceptional rare earth element assay results at its Nechalacho project, revealing record grades and identifying six new exploration targets beyond the current resource. A 1000m drilling program is underway, supporting the project's district-scale potential.

Western Gold Resources is advancing its Gold Duke Project with a 12,000-metre Life of Mine extension drilling program running alongside Stage 1 production, aiming to boost resources and extend mine life.

QMines Limited's latest deep drilling at Mount Mackenzie reveals multiple high-grade gold, silver, and copper zones, with geological signs pointing to a potential porphyry copper-gold system at depth.

DeSoto Resources has identified a substantial 9km-long artisanal gold mining zone at its Koba Project in Guinea’s Siguiri Basin, with high-grade samples up to 15.2g/t Au and ongoing exploration activities underway.

Classic Minerals has teamed up with Bain Global Resources to explore expanding its Goldbridge Processing Facility into a regional hub, aiming to boost gold production across Western Australia's Forrestania district.

White Cliff Minerals is set to restart drilling at its Rae Copper Project in Nunavut, aiming to expand high-grade copper mineralisation across an 8km strike at the Danvers deposit and explore regional targets Hulk and Stark.

Auric Mining has reported exceptional gold production from its Munda Starter Pit, delivering 8,475 ounces to date; significantly exceeding budget forecasts and confirming the site’s substantial resource potential.

St George Mining Limited has been added to the S&P/ASX All Ordinaries Index, marking a milestone following a significant resource upgrade at its Araxá Rare Earths-Niobium Project in Brazil. This inclusion signals growing investor confidence and broader market recognition.