Latest Resource Development News

Aurelia Metals has reported significant drilling results at the historical Nymagee Mine in NSW, confirming extensions of polymetallic mineralisation that could underpin a new mine development in the Cobar region.

Greenvale Energy has wrapped its inaugural uranium drilling season at the Oasis Project with impressive assay results, confirming significant high-grade mineralisation and setting ambitious exploration targets for 2026.

American Uranium Limited has successfully expanded uranium mineralisation trends by 3,000 metres at its Lo Herma ISR Project in Wyoming, delivering its strongest drill intercept to date and setting the stage for a 2026 resource update and scoping study.

PhosCo has completed a key drilling program at its Gasaat Phosphate Project in Tunisia, with promising phosphate intersections at the SAB prospect and imminent assay results from KM, setting the stage for updated resource estimates and an enhanced project outlook.

QMines Limited’s initial drilling results at Mount Mackenzie confirm high-grade gold and silver mineralisation, reinforcing the project’s potential within their Central Queensland hub strategy.

Carnaby Resources has reported significant new high-grade copper-gold drill results at its Greater Duchess Project, including a standout 6m at 12.6% copper equivalent at Trek 1. These discoveries extend mineralisation well beyond existing resources and bolster the ongoing pre-feasibility study.

Advance Metals has rapidly progressed its diamond drilling program at the high-grade Yoquivo Silver-Gold Project in Mexico, completing five holes with assay results awaited. The company is also advancing historic core sampling and geological modelling ahead of an updated resource estimate.

Falcon Metals has confirmed a significant 200-metre extension of high-grade gold mineralisation at its Blue Moon Project, with assays revealing up to 41.9g/t gold over 2.75 metres. This breakthrough validates the company’s geological model linking the Garden Gully line of reef to the prolific Bendigo Goldfield.

Pacgold has secured approval to restart heap leach irrigation at its White Dam Gold Project and is progressing a significant drilling campaign to upgrade resources, setting the stage for a production restart in 2026.

Battery Age Minerals has wrapped up its 2025 drilling campaigns at two strategically important projects in Argentina and Austria, setting the stage for assay results that will guide exploration in 2026.

Cosmo Metals has reported promising results from its maiden drilling at the Spring Creek prospect, confirming continuity of high-grade gold mineralisation and identifying new target zones along a major regional trend.

Ora Banda Mining has reported significant new high-grade gold intercepts from drilling at its Sand King northern corridor, pointing to a potential expansion of its mining inventory and extended mine life.