Latest Resource Development News

Cannindah Resources has appointed Cameron Switzer as Managing Director and CEO, signaling a strategic push in its Mt Cannindah Copper-Gold Project. The company also sees a leadership reshuffle with the resignation of Chair Michael Hansel and appointment of Tony Rovira as Chair.

Global Uranium and Enrichment Limited has reported robust drilling outcomes from its Pine Ridge Uranium Project in Wyoming, reinforcing its potential as a significant in-situ recovery uranium resource in a key US basin.

Elevate Uranium has successfully assembled its U-pgrade™ Demonstration/Pilot Plant in Namibia, with steady state operations expected to start in January 2026. This milestone aims to validate a proprietary beneficiation process that could transform uranium processing economics.

Bastion Minerals has formalised an Exploration Consent Agreement with the Ross River Dena Council, paving the way for renewed exploration at its ICE Copper-Gold Project in Yukon, Canada. With substantial JORC resources and multiple new targets identified, the project is poised for a critical next phase in 2026.

Estrella Resources has reported outstanding high-grade manganese assay results from its Ira Miri prospect in Timor-Leste, with grades reaching as high as 58% manganese and strong continuity across multiple drill holes. These findings reinforce the project’s potential as a significant sedimentary manganese deposit.

WIN Metals has raised A$5.5 million through a heavily oversubscribed placement to fund drilling and development at its Radio Gold Mine and Butchers Creek projects, aiming to fast-track gold production.

IGO Limited’s subsidiary has confirmed its commitment to Stage 2 of the farm-in at the Bridgetown-Greenbushes Project, pledging $3 million to increase its ownership to 70%. Extensive soil sampling has revealed a significant lithium-tantalum-niobium-cesium anomaly, underpinning the project's promising exploration outlook.

Tesoro Gold’s initial diamond drilling at the La Brea Target within Chile’s El Zorro Project reveals significant gold mineralisation, echoing the early signatures of the nearby 2 million ounce Ternera deposit. The results set the stage for expanded exploration across this highly prospective district.

Carnaby Resources reports robust new drill results from its Greater Duchess Project, revealing significant high-grade copper-gold mineralisation at the Trek 1 and Inheritance prospects. The ongoing drilling program and upcoming Pre-Feasibility Study signal advancing project development.

Antares Metals has completed the first tranche of a $2 million capital raise, issuing over 128 million shares to support new project acquisitions and ongoing exploration activities.

Great Boulder Resources has intersected coarse visible gold in its first deep diamond drill hole at the Mulga Bill prospect, confirming the large-scale potential of the Side Well Gold Project’s key gold system. Assay results are expected in January 2026.

Aurum Resources has reported significant high-grade gold intercepts from its ongoing drilling at the Tchaga deposit in Côte d'Ivoire, reinforcing its growth potential ahead of major resource updates scheduled for early 2026.