Latest Resource Development News

Sentinel Metals has completed a detailed geophysical and structural study at its Columbia Gold Project, revealing promising deep feeder zones and strike extensions. A maiden 5,000m diamond drill program is set to test these new targets, potentially expanding the project's resource base.

Terrain Minerals has completed a $1.42 million placement in December, topping up an earlier October raise to fully fund its upcoming drilling campaigns and maiden JORC resource estimate.

Somerset Minerals has raised A$3.7 million through a dual placement to fund an aggressive 2026 drilling campaign at its Coppermine Project in Nunavut, targeting high-grade copper extensions and new discoveries across a vast landholding.

Lindian Resources has completed its final payment to acquire 100% ownership of the Kangankunde Rare Earths Project in Malawi, accelerating its path to production and consolidating control over one of the world’s highest-grade rare earth deposits.

Hot Chili Limited's latest drilling at La Verde confirms a growing higher-grade copper-gold core near surface, promising to enhance the Costa Fuego project's economics and scale.

Bindi Metals has identified several promising gold prospects along a 2.5 km corridor at its Ravni Gold Project in Serbia, supported by extensive sampling and historic data. A detailed geophysical survey and drilling program are set to follow, aiming to refine and test these targets.

Canterbury Resources has completed its 2025 drilling program at the Briggs copper deposit, revealing multiple zones of strong visual copper mineralisation that align with its geological model. Assay results are pending, with further drilling planned to support a Prefeasibility Study for a potential large-scale mine.

Kingston Resources has reported strong underground drilling results at its Mineral Hill mine, confirming and expanding the high-grade Southern Ore Zone with significant gold and copper assays.

Critical Resources Limited has launched its first Reverse Circulation drilling campaign at the Cap Burn Gold Project in New Zealand’s Otago region, targeting promising down-plunge gold mineralisation beneath a significant arsenic soil anomaly.

Forrestania Resources has secured 100% mineral rights to three key tenements in Western Australia's Eastern Goldfields, expanding its gold asset base and supporting near-term production ambitions at Lake Johnston.

Belararox Limited has refined its exploration approach at the Toro-Malambo-Tambo Project, prioritising immediate drilling of newly defined shallow epithermal targets. Early assay results are anticipated by February 2026, potentially unlocking significant resource upside in a prolific copper-gold region.

Mount Hope Mining has launched its phase 2 drilling campaign at the Mt Solitary gold prospect, aiming to extend and define high-grade mineralisation and move towards a JORC-compliant resource estimate.