Latest Resource Development News

Ausgold Limited's latest drilling at the Katanning Gold Project reveals exceptional high-grade gold intercepts, supporting resource growth and mine life extension prospects in Western Australia.

Polymetals Resources has hit a production milestone with the start of high-grade Upper North Lode mining and first Direct Shipping Ore sales, driving a surge to $27.8 million revenue and positioning the Endeavor Mine for sustained growth.

Nova Minerals has pinpointed a broad new gold anomaly at Portage Pass within its Estelle Project in Alaska, revealing grades higher and more consistent than the nearby Korbel deposit. The discovery, based on 2025 surface sampling, sets the stage for further soil sampling and geophysical surveys in 2026.

Sunstone Metals has kicked off its latest drilling campaign at the Bramaderos Gold-Copper Project with substantial mineralised intersections, reinforcing the potential to expand its 3.6 million ounce resource. The company prepares to release a scoping study that will clarify the project's economic outlook.

Patronus Resources has consolidated 100% ownership of the Guppy-Benalla area for $250,000 cash, removing joint venture constraints and positioning itself to advance exploration near its 475koz Cardinia East gold resource. Follow-up drilling is planned after heritage surveys.

Black Canyon has kicked off a substantial 15,000m RC drilling campaign at its Wandanya Project, aiming to define and grow its high-grade manganese and iron resource with first assays due in May 2026.

Pursuit Minerals has significantly extended the depth of its lithium brine exploration at the Mito tenement, Rio Grande Sur project, following advanced CSAMT data reprocessing. The company plans a three-hole drilling program to test these high-confidence targets, aiming to expand its resource base beyond the initial 5,000 tpa lithium carbonate production.

Marmota Limited is set to embark on a substantial drilling campaign targeting the southern Mainwood extension of its Greenewood gold discovery in South Australia's Gawler Craton, aiming to expand the mineralised strike to 2km.

New Murchison Gold Limited (ASX:NMG) has reported compelling high-grade gold intercepts from a recent drilling campaign at its Crown Prince East Pit, boosting prospects for reserve expansion near its operating Crown Prince Gold Mine in Western Australia.

ADX Energy has kicked off drilling mobilisation for its HOCH-1 shallow gas well in Upper Austria, aiming to tap prospective resources up to 17.3 billion cubic feet. The well spud is slated for mid-April, marking the first of three permitted gas prospects in 2026.

Dundas Minerals has been granted a key mining lease for its Capricorn Gold Project in Western Australia, enabling the company to exercise its option to acquire an 80% stake and kickstart drilling aimed at extending the resource along a promising mineralised corridor.

Clara Resources has appointed Duncan Gordon as Executive Director, signalling a strategic pivot to accelerate exploration at its Mareeba Gold Project in North Queensland. Former Managing Director Peter Westerhuis steps down but remains as a consultant.