Latest Resource Development News

D3 Energy has successfully cased and cemented two wells at its Nooitgedacht project in South Africa, detecting gas in both despite challenging reservoir conditions. Testing awaits reservoir pressure normalization.

Cygnus Metals has reported significant drilling results at its Copper Rand and Gwillim prospects in Quebec, highlighting potential resource growth near a historic mine and confirming gold mineralisation across all Gwillim holes.

Solstice Minerals has pushed the boundaries of its Nanadie Copper-Gold Project, delivering a massive 722m drill intercept that extends high-grade mineralisation more than 500m below the current resource estimate.

West Cobar Metals is broadening its scandium exploration at Salazar by adding the Benriach Prospect to its Q4 2026 air-core drilling program, aiming to tap near-surface scandium enrichment and higher-grade zones within its existing resource.

Green & Gold Minerals posted a $886,828 loss for FY2026 amid a transformative year marked by its ASX listing and expansion into base metals exploration with the Herberton acquisition.

Industrial Minerals Ltd has finalised its takeover of Galleon Metals, adding a 205km² gold exploration portfolio in WA’s Eastern Goldfields. The company also announced key board appointments, including a new Managing Director with direct Laverton expertise.

NewPeak Metals has finalised its second tranche placement, issuing over 231 million shares and raising $2.86 million before costs, including repayment of director entitlements.

Sentinel Metals has secured 100% ownership of the Big Springs Gold Project in Nevada, adding over 1 million ounces of gold to its portfolio and nearly doubling its North American resource base alongside its Montana project.

FireFly Metals has raised approximately A$190 million through institutional and bought deal placements, positioning the company to advance its Green Bay Copper-Gold Project with early works, drilling, and feasibility studies ahead of a mid-2027 investment decision.

Verity Resources has renewed four prospecting licences in Botswana, safeguarding its stake in high-grade copper-silver and nickel-copper-PGE projects including Airstrip, Dibete, and Maibele North for another two years.

Rapid Critical Metals has reported exceptional silver assay results from its Webbs Silver Project in NSW, including a standout 4m at 1,230 g/t AgEQ intercept and a significant 300m southern extension of mineralisation. The company is accelerating drilling with a third rig and advancing resource growth plans.

Xpedra Resources has unveiled its deepest drilling results at the Springfield Gold Deposit in NSW, confirming broad, continuous gold mineralisation over 400 metres of strike and extending the deposit's known depth.