Latest Resource Development News

Cannindah Resources has reported significant drill results that confirm a large-scale porphyry copper-gold system at its Mt Cannindah project in Queensland, highlighting broad mineralised zones and strong geological indicators for further resource growth.

Empire Resources has reported encouraging preliminary assay results from its January 2026 aircore drilling program at the Yuinmery Copper-Gold Project, highlighting new gold and copper mineralisation across multiple prospects. The company plans follow-up deeper drilling to better define these targets.

Terra Metals’ latest drilling results at the Dante Project confirm one of Australia’s largest titanium-vanadium-copper-platinum group metal systems, showcasing thick, continuous mineralisation and promising metallurgical potential.

Horizon Gold Limited has raised A$30 million through a placement and entitlement offer to accelerate exploration and advance the feasibility study at its Gum Creek Gold Project in Western Australia.

Wia Gold’s latest drilling results at the Kokoseb Gold Project in Namibia reveal significant high-grade gold mineralisation extending well beyond the current open-pit resource, boosting underground mining prospects.

CZR Resources has confirmed extensive shallow gold mineralisation with high-grade shoots at its Top Camp deposit in the Pilbara, setting the stage for renewed drilling activity backed by a strong cash position.

AusQuest Limited reports strong assay results from its Cangallo project in Peru, revealing a large, continuous copper-gold mineralised system with promising high-grade intervals and plans for extensive follow-up drilling.

Riedel Resources has reported impressive high-grade gold and silver assay results from its diamond drilling at the Tintic deposit in Arizona, reinforcing the potential of the Kingman Gold Project. These findings pave the way for expanded exploration and metallurgical testing.

Terrain Minerals has completed a significant 7,739-metre drilling campaign at its Smokebush Gold & Silver Project, with assay results for Lightning expected in March and Wildflower in April 2026. This milestone advances the company’s goal of delivering a maiden JORC Mineral Resource estimate by mid-year.

Megado Minerals has reported impressive copper and silver assay results from rock chip sampling at its Iberian Copper Project in northern Spain, setting the stage for maiden drilling in Q2 2026.

PolarX Limited reports impressive high-grade gold assay results from its inaugural drilling at the Ridgeline prospect within Nevada’s Humboldt Range, revealing wide mineralised zones and plans for extensive follow-up drilling.

ADX Energy has released an updated assessment of its Welchau well in Austria, revealing a significant increase in prospective gas-condensate and light oil resources. The 2024 drilling results highlight promising reservoir conditions and pave the way for further appraisal.