Latest Resource Development News

Nimy Resources has reported metallurgical tests confirming strong extraction rates of gallium and rare earth elements from its Block 3 resource at the Mons Project, underpinning its proprietary processing flowsheet and advancing its scoping study.

Green & Gold Minerals (ASX:GG1) has revealed significant copper, silver, and tin mineralisation at its Elizabeth Bluffs prospect within the Herberton Conductor Metals Project, supported by historic data and recent sampling. A 3,000m drill campaign at Mt Wandoo is set to commence in September 2026, aiming to extend high-grade gold-silver zones.

Black Canyon has launched a 5,000m RC drilling campaign at its Wandanya Project, extending the manganese mineralisation footprint to 3.4km and targeting further iron-rich zones along a 9km trend. The maiden resource estimate remains on track for September 2026.

Terra Metals has confirmed a substantial extension of its Southwest sulfide discovery at the Dante Project, with new drilling revealing broad, continuous PGM-Cu-Ni mineralisation over a 1,100m strike. Five rigs are drilling aggressively as the company targets a maiden Mineral Resource Estimate by late 2026.

Adavale Resources has wrapped up its 85-hole drill program at London-Victoria with strong assay results confirming broad and high-grade gold mineralisation beyond the existing resource boundary. An updated Mineral Resource Estimate is expected in Q3 2026, setting the stage for a scoping study.

Sinclair Gold has cleared a key drilling milestone at its Mt Henry project, prompting a $5 million cash payment to Westgold and cancelling over 7.5 million performance rights. The company also moves closer to completing a royalty deal with Stria Lithium, while preparing for a resource update by year-end.

Auravelle Metals reports strong preliminary metallurgical results from its Sheoak Prospect, confirming high gold recoveries and non-refractory mineralisation amenable to conventional processing.

Talonx Resources is gearing up for a fresh RC drilling campaign at its Beaker 2 Prospect within the Viking Gold Project to underpin a maiden Mineral Resource estimate. The program aims to extend high-grade gold zones and densify drilling in the shallow oxide gold area, which remains open-ended.

Duketon Mining has kicked off a 2,500-metre reverse circulation drilling program at its Barlee Gold Project, aiming to extend promising gold mineralisation identified in its maiden campaign and supported by strong soil geochemistry.

North Stawell Minerals (ASX:NSM) sharpens its focus on replicating the multi-million ounce Stawell Gold Mine, unveiling an 87,300-ounce Wildwood resource and a pipeline of high-grade targets along the Darlington-Caledonia trend in Victoria.

Nex Metals and its Aboriginal partner WTAC have applied for a 100ha lease to build processing infrastructure for the Kookynie Tailings Project, while metallurgical tests show promising gold recovery rates and potential tungsten by-product.

Far East Gold’s independent scoping study for the Idenburg Gold Project spotlights a substantial high-grade inferred resource at Sua, underpinning a clear development pathway and a planned drilling campaign to boost confidence and advance feasibility.