Latest Resource Development News

West Wits Mining has poured its first gold from the Qala Shallows project in South Africa, marking a pivotal shift from development to production. This milestone positions the company as the newest gold producer in the historic Witwatersrand Basin.

Turaco Gold has expanded its Afema Project mineral resource to 4.65 million ounces of gold, marking a significant increase ahead of its Preliminary Feasibility Study due in Q2 2026. This growth is underpinned by successful drilling campaigns and the maiden resource declaration for the Herman Deposit.

Barton Gold has commenced a critical drilling program at its Challenger Gold Project, aiming to convert resources to ore reserves and deliver a Stage 1 feasibility study by mid-2026. This marks a pivotal step towards restarting operations and expanding regional development optionality.

Verity Resources has significantly extended the mineralised strike at its Korong and Waihi gold deposits, confirming over 1km of new gold mineralisation beyond existing resource boundaries. An updated resource estimate is expected in April 2026, potentially upgrading resource confidence.

Resolution Minerals is set to launch a major 45-hole diamond drilling program at its Golden Gate project in Idaho, aiming to define a maiden gold resource and explore tungsten potential.

QMines Limited has confirmed exceptional gold and silver grades at its Mount Mackenzie Project, revealing a broader hydrothermal system with multiple new exploration targets. The findings suggest significant potential for resource expansion in Central Queensland.

Strike Energy has announced a 19% increase in its 2P gas reserves at the West Erregulla field, now standing at 251 PJ net to the company, alongside promising upgrades at Erregulla Deep and new resource prospects across its Perth Basin licences.

McLaren Minerals has launched a major drilling campaign at its McLaren Titanium Project, aiming to upgrade resource classifications and expand the deposit ahead of a Bankable Feasibility Study.

After an 18-month trading suspension, Lithium Energy Limited has resumed ASX trading, unveiling a diversified portfolio including new gold-copper and lithium brine projects alongside a strategic graphite acquisition.

Atlantic Lithium has raised up to US$16.4 million through strategic Ghanaian pension fund investments and a placement with Long State Investments, advancing its flagship Ewoyaa Lithium Project towards production.

Siren Gold’s latest drilling at its Sams Creek Project in New Zealand confirms significant gold mineralisation outside the established Main Zone, highlighting promising expansion potential along the 7km Sams Creek Dyke.

Beacon Minerals reports multiple high-grade gold intersections from extensive drilling at the Iguana Deposit, reinforcing its resource potential. However, the company lowers its March quarter production guidance due to operational challenges.