Latest Resources Development News

Elixir Energy has reached 2,320 metres in the Lorelle-3 appraisal well and is preparing to drill the reservoir section targeting the Dunk member of the Tinowon Sandstone, with flow testing planned before mid-2026.

Greenwing Resources updates its strategy for the Que River Project, combining a renewed mining push with an innovative plan to develop digital infrastructure on site.

Juno Minerals has identified additional gold-in-soil anomalies at its Mount Ida project through a wide spaced soil sampling program, setting the stage for a first pass drill campaign targeting the promising QV1 quartz vein structure.

BPM Minerals has revealed significant soil sampling results at its Forelands Gold Project in Western Australia, identifying multiple untested gold-in-soil anomalies. The company is poised to recommence reverse circulation drilling in early March 2026 to test these promising targets and extend known high-grade mineralisation.

Strickland Metals has successfully raised A$55 million through an institutional placement to accelerate exploration and advance a Pre-Feasibility Study at its Rogozna Project in Serbia.

Leeuwin Metals has reported promising high-grade gold assay results from its 2026 drilling campaign at the Evanston prospect within the Marda Gold Project, signalling potential resource expansion.

Locksley Resources has reported outstanding high-grade antimony assay results from its Desert Antimony Mine in California, with samples reaching up to 26.1% Sb. This breakthrough supports the company’s plans for a pilot plant aimed at domestic production critical to U.S. defense needs.

Bellavista Resources has announced a transformative acquisition of a 70% interest in the Pickle Crow Gold Project in Ontario, Canada, alongside a A$25 million equity raise to fund exploration and development.

Estrella Resources has entered a $2 million underwriting agreement to support the exercise of its listed options, ensuring capital inflow ahead of the December expiry.

Kingfisher Mining’s December 2025 drilling at the Copper Blow IOCG prospect near Broken Hill confirms strong, continuous high-grade copper-gold mineralisation, setting the stage for a maiden resource estimate.

Litchfield Minerals has secured a coveted spot in BHP’s 2026 Xplor accelerator, gaining $500,000 in non-dilutive funding and expert support to fast-track its Oonagalabi Project exploration.

Ora Banda Mining’s Phase 1 drilling at Round Dam reveals a significant gold mineralisation system with multiple high-grade shoots, indicating strong potential for large-scale surface mining near existing infrastructure.