Latest Resource Development News

Diatreme Resources has reported promising aircore drilling outcomes from its Si2 and Casuarina silica sand deposits in Far North Queensland, underpinning resource upgrades and expansion potential. These results bolster the company’s position in the growing specialty glass and solar PV markets.

Charger Metals has reported significant new spodumene-pegmatite lithium mineralisation at its Medcalf Deposit, extending known resources and promising a resource upgrade. Recent drilling results reveal deeper and wider lithium zones, reinforcing the project’s potential.

Paterson Resources has reported impressive shallow gold intercepts at its Grace Gold-Copper Project, setting the stage for a significant resource upgrade and the next phase of drilling.

Javelin Minerals has launched a targeted drilling campaign at its Eureka Gold Project in WA, aiming to extend high-grade gold mineralisation and capitalise on a newly expanded mining lease. The company is poised for near-term production under a joint venture with MEGA Resources.

Resolution Minerals has confirmed exceptional tungsten grades in stockpiles at its newly acquired Johnson Creek Mill, setting the stage for a rapid JORC upgrade and potential near-term production aligned with US critical minerals strategies.

Adavale Resources is ramping up its drilling campaign at the London-Victoria Gold Mine, aiming to grow its existing 115,000oz gold resource with a second drill rig and expanded geophysical surveys.

Patriot Resources has announced a maiden JORC inferred resource of 31.4 million ounces silver equivalent at its high-grade Tassa project in Peru, highlighting significant growth potential and undervaluation compared to peers.

Heavy Rare Earths Limited has confirmed the presence of valuable rare earth minerals Monazite and Xenotime at its Radium Hill Project, signalling new potential beyond historic uranium mining.

BPM Minerals has commenced a significant 7,500m drilling program at its Beachcomber Prospect, targeting high-grade gold extensions, while preparing for a heritage survey at Bonnie & Clyde to enable maiden drilling later this year.

Many Peaks Minerals has compiled and verified extensive historical exploration data for its Ferké South Gold Project in Côte d’Ivoire, revealing promising shallow gold mineralisation along a 37km corridor. The company is poised to commence follow-up drilling pending final permit approval.

Waratah Minerals reports significant new high-grade gold intersections at its Spur Gold Project in New South Wales, extending known mineralisation and accelerating its drilling program with nine rigs active.

Pacgold extends its St George Gold-Antimony Project anomalies beyond 30km, revealing high-grade gold samples up to 18.5g/t at Limestone and multiple drill-ready targets across the Fence Structural Zone.