Latest Resources Development News

GBM Resources has validated a major extension of the gold-bearing Milled Matrix Breccia horizon well beyond the existing 309 deposit at Twin Hills, Queensland, reshaping the project’s exploration potential.

InVert Graphite has delivered a maiden Mineral Resource Estimate of 32.2 million tonnes at 8.0% Total Graphitic Carbon for its Kumba Deposit in Tanzania, underpinning its Morogoro Project with a substantial near-surface graphite resource.

Great Southern Mining has launched its first reverse circulation drilling program at the Amy Clarke discovery within its Duketon Gold Project, aiming to expand on promising shallow gold mineralisation identified over a 4.7km strike.

Austral Resources has locked in a binding agreement to acquire Hammer Metals, offering a 70.6% premium and creating a stronger Queensland copper entity with significant resource and exploration potential.

Beacon Minerals has delivered robust diamond drilling results at its Iguana deposit, confirming significant high-grade gold mineralisation and enhancing the geological model ahead of a resource update planned for Q1 FY26/27.

Augustus Minerals has unveiled high-grade gold assays up to 19.5g/t from its June drilling at the Music Well Gold Project, setting the stage for targeted follow-up drilling to explore higher-grade vein zones.

True North Copper has pushed the high-grade copper mineralisation at its Aquila discovery deeper by 100 metres, confirming continuity and scale at Mt Oxide. Key drill results include a standout 130-metre intercept averaging 0.67% copper, with a six-metre zone hitting 5.7% copper.

Wia Gold’s Kokoseb Gold Project in Namibia jumps to 3.78 million ounces in updated resource estimate, unveiling a maiden underground inferred resource and reinforcing its development potential.

Lindian Resources has acquired 100% ownership of the SARECO rare earths processing plant in Kazakhstan, accelerating its downstream ambitions, while also clarifying regulatory compliance and licence validity at its Kangankunde project in Malawi.

Basin Energy has kicked off follow-up drilling at its Newmans rare earth discovery in northwest Queensland, aiming to confirm continuity along a 3.3 km mineralised corridor. Assay results are expected by mid to late September, marking the start of a busy second half of 2026 for the company.

Caspin Resources has revealed promising new exploration targets at its Bygoo Tin Project in NSW, alongside ongoing drilling at the Kelpie Deposit, pointing to significant district-scale discovery potential near the historic Ardlethan Mine.

Patriot Resources has expanded its silver-gold footprint in southern Peru by staking the Tassa 5 tenement, increasing its landholding by 50% and pushing the mineralised corridor further south adjacent to its 31.4Moz AgEq inferred resource.