Latest Resource Development News

Beacon Minerals has kicked off its first-ever drilling campaign at the Lady Ida - Lizard Project, aiming to define a maiden resource in the coming quarter. The program targets promising mineralisation with potential for significant extensions.

Morella Corporation has raised A$2.1 million through a placement to fund drilling at its Mt Edon Rubidium–Lithium Project, marking a key step toward defining a maiden mineral resource estimate.

TMK Energy Limited reveals strong pilot well results and a robust phased development plan for its Gurvantes XXXV Coal Seam Gas project in Mongolia, underpinned by independently certified resources and strategic partnerships.

Lodestar Minerals has reported high-grade heavy rare earth element assays up to 3.73% TREO from its Virgin Mountain project in Arizona, significantly surpassing previous results and highlighting its strategic potential in the US critical minerals landscape.

Gorilla Gold reports a standout 49m intercept at 2.5g/t gold outside the current Sovereign Deposit resource, signalling fresh growth potential at its Comet Vale project in Western Australia.

Locksley Resources has initiated diamond drilling at its Desert Antimony Mine in California, aiming to expand known high-grade mineralisation and support US critical minerals supply chains.

Horizon Gold has reported significant high-grade gold intercepts from recent drilling at its Kingfisher prospect within the Gum Creek Gold Project, revealing new down-plunge extensions and enhancing the project's resource outlook.

Sunstone Metals has initiated a significant 5000m diamond drilling campaign at its Bramaderos project in Ecuador, targeting growth of the existing 3.6 million ounce gold-equivalent resource. Early trenching results at the Porotillo porphyry system bolster the potential for substantial resource expansion.

Solstice Minerals has reported robust copper-gold assay results from its Phase 1 drilling at the Nanadie Project in Western Australia, revealing significant mineralisation beyond the current resource boundaries. These findings reinforce the project's potential for substantial resource growth and underpin plans for further drilling.

Gateway Mining continues to reveal promising high-grade gold mineralisation at its Haflinger Prospect within the Yandal Gold Project, with recent drilling extending the known strike to over 500 metres and highlighting strong potential to the south.

Adavale Resources has identified a compelling porphyry target at its Ashes Prospect through integrated geophysical data and expanded tenure near its Parkes Gold-Copper Project. The acquisition of adjacent licences also extends the London-Victoria gold corridor, unlocking fresh exploration opportunities.

Gold Mountain Limited has announced a significant rare earth element discovery at its Capivara Prospect in Brazil, revealing strong mineralisation from surface and plans for resource drilling.