Latest Resource Development News

Black Canyon Limited (ASX, BCA) has unveiled promising exploration results and positive scoping studies for its manganese and iron projects in Western Australia, positioning itself as a key emerging developer in the sector.

Native Mineral Resources has successfully poured 1,543 ounces of gold doré at its Blackjack Processing Plant, while progressing key operational and regulatory initiatives to optimise mining and processing activities.

Alligator Energy is progressing its Samphire Uranium Project in South Australia into trial production, supported by strong project economics and promising exploration potential. The company targets first uranium production by 2030/31 while derisking operations through a Field Recovery Trial.

Olympio Metals has intersected multiple visible gold occurrences in its latest diamond drilling at the Paquin prospect within the Bousquet Gold Project, reinforcing the site’s promising potential ahead of assay results expected in March 2026.

Black Bear Minerals has confirmed all major permits for its Shafter Silver Project in Texas, clearing a critical hurdle for a near-term restart amid strong silver market dynamics and U.S. strategic support.

Black Cat Syndicate’s latest drilling at Mt Clement confirms strong, high-grade antimony mineralisation extending beyond current resources, advancing the project towards a pivotal economic study.

Somerset Minerals reports thick, high-grade copper intercepts at its Coppermine project in Canada and identifies a major 17 km regional anomaly, setting the stage for a significant drilling campaign.

Lunnon Metals reports robust drilling results at Lady Herial, confirming significant high-grade gold mineralisation beyond current open pit plans and signalling potential for an expanded mining footprint.

Santa Fe Minerals has initiated a significant drilling campaign at its Satama Gold prospect, aiming to define a JORC resource across a 2.5km strike length. The program combines diamond and reverse circulation drilling to test promising gold lodes at depth and along strike.

Anson Resources is set to begin a 2,500-metre drilling campaign at its Yellow Cat project in Utah, aiming to confirm and extend high-grade uranium and vanadium mineralisation along a significant strike length.

Belararox Limited is accelerating exploration at its TMT Project in Argentina by deploying a second diamond drill rig to test promising copper and precious metals targets, with assay results from initial holes expected soon.

Toubani Resources has delineated 1.6km of new oxide gold mineralisation at its Kobada South area near the process plant, with high-grade drill results expected to boost the upcoming Mineral Resource Estimate update.