Latest Resource Development News

Auric Mining has delivered a standout performance at its Munda Starter Pit, producing 46% more gold than budgeted and generating a net cash position of A$43.5 million. The results suggest a larger, higher-grade gold resource than previously estimated.

Black Horse Mining has reported exceptional high-grade gold results from its Mt Egerton project, including assays reaching 46.2 grams per tonne, extending known mineralisation vertically by 10 metres. The findings reinforce the potential for significant unmined gold lodes at shallow depths.

McLaren Minerals has identified a vast 54-kilometre zircon-rich mineral sands system with promising rare earth element potential at its Barossa Project in South Australia’s Eucla Basin. Historical data and geological reinterpretation reveal multiple mineralised centres, setting the stage for further exploration.

ActivEX Limited has raised nearly $400,000 through a strategic placement of shares at a slight premium, locking in investor support with a 12-month escrow. The funds aim to fuel ongoing exploration efforts and bolster working capital.

Manuka Resources has released an amended Pre-Feasibility Study for its Cobar Basin assets, revealing a significant uplift in project profitability and a detailed 10-year mine plan targeting production in Q2 2026.

Forte Energy has emerged as the highest bidder for two promising oil and gas leases adjacent to its Umiat field in Alaska, leveraging existing seismic data to target significant resource potential.

Cyprium Metals has completed the second tranche of its placement, raising A$36 million to advance the phased restart of its Nifty Copper Complex in Western Australia.

Yandal Resources has launched a major 2026 exploration program across its Ironstone Well-Barwidgee Gold Project, aiming to expand recent discoveries and unlock new gold deposits in Western Australia’s prolific Yandal Greenstone Belt.

Killi Resources has appointed former Fortescue CEO Nev Power as Non-Executive Chair and secured $1.4 million through a share placement led by Power and other key executives. The capital will support exploration at Mt Rawdon West and new growth initiatives.

Orbminco Limited has announced a significant update to its Majestic North Gold Project resource, increasing contained gold ounces by 127% and highlighting a high-grade domain that could accelerate mining plans.

Verity Resources has confirmed continuous gold mineralisation over approximately 7 kilometres of the Monument trend in Western Australia, highlighting promising new prospects and supporting plans for an updated resource estimate.

D3 Energy has raised $6.12 million through a strongly supported placement at a significant premium to its IPO price, aiming to accelerate exploration and development of its helium assets amid tightening global supply.