Latest Resource Development News

Greenvale Energy has identified promising new drill targets at its Oasis Uranium Project in Queensland, following a detailed trenching program that highlights significant growth potential. The company plans to advance exploration with step-out drilling in the upcoming field season.

TMK Energy has achieved a new record gas production rate at its Gurvantes XXXV Coal Seam Gas Project in Mongolia, with well LF-07 driving a rapid acceleration that signals approaching commercial viability.

Forrestania Resources has begun mining and delivering ore to Westgold’s Higginsville hub, marking its official transition from explorer to gold producer. The company is also refurbishing its own Lake Johnston facility to establish independent processing capabilities.

Golden Horse Minerals has confirmed free-milling gold mineralisation at its Hopes Hill deposit through an independent petrographic study, supporting promising metallurgical recoveries. The company is advancing a substantial drilling campaign and preparing feasibility studies to optimise processing.

Barton Gold Holdings has launched Phase 2 drilling at its Tunkillia Gold Project, aiming to upgrade resources and fast-track a mining lease application by year-end. The project’s strong economics and rising gold and silver prices underpin an optimistic development outlook.

Southern Cross Gold Consolidated Ltd has reported record-breaking high-grade gold and antimony intersections from its Sunday Creek project in Victoria, revealing a consistent and expanding mineral system at shallow depths.

ABx Group has announced a breakthrough with its second mixed rare earth carbonate sample from Tasmania’s Deep Leads deposit, boasting higher heavy rare earth content and fewer impurities. This advancement enhances project flexibility and strengthens ABx’s position in the competitive rare earths market.

PTR Minerals reports promising initial metallurgical test outcomes and consistent high-grade drilling at its Rosewood Titanium Project, setting the stage for a maiden resource estimate in Q2 2026.

West Cobar Metals has significantly expanded its exploration tenure in NSW’s Cobar district by applying for two new licences, increasing its coverage to around 1,090 km² and unlocking fresh potential for copper, gold, antimony, and silver discoveries.

Estrella Resources has completed its 2025 drilling program at the Werumata Limestone Project in Timor-Leste, reporting broad, high-grade limestone and chalk intersections that pave the way for a maiden JORC resource estimate.

Iceni Gold Limited has commenced a maiden Reverse Circulation drilling program at its high-priority Goose Well target within the 14 Mile Well Gold Project, aiming to confirm historic gold intercepts and explore the extent of mineralisation.

Fortuna Metals has appointed two seasoned technical consultants to fast-track resource development and metallurgical planning at its Mkanda rutile and graphite project in Malawi, signalling a move towards resource estimation and potential commercialisation.