Latest Resources Development News

Cosmo Metals has confirmed shallow, high-grade gold mineralisation at its Spring Creek prospect in NSW through initial results from its maiden 2025 drilling program. The findings validate historical data and set the stage for expanded exploration along a significant regional gold trend.

True North Copper has raised $12.5 million through a heavily oversubscribed placement to fast-track drilling and exploration at its flagship Mt Oxide Project and the promising Aquila discovery.

Locksley Resources has raised A$17 million in an oversubscribed placement led by U.S. institutional investors, accelerating its strategy to develop a domestic supply chain for antimony and rare earths in California.

Moho Resources has sold its Silver Swan North Project to Mineral Mining Services, boosting funds for its maiden drilling program at the promising Bush Chook Project in Western Australia’s Pilbara region.

Mandrake Resources has inked a binding agreement with DISA Technologies to recover uranium and critical minerals from abandoned mine waste across its expansive Utah Project, tapping into a growing US government-backed market.

BPM Minerals has kicked off a significant 3,000m drilling campaign at its high-grade Beachcomber Prospect within the Forelands Gold Project, backed by a recent $3.5 million capital raise. Assay results expected early next year will be closely watched for signs of a major new gold resource in Western Australia.

Chariot Resources has confirmed high-grade lithium mineralisation at its Fonlo and Iganna projects in Nigeria, with assays returning up to 5.96% lithium oxide. The results reinforce the potential for near-term production and resource expansion within its Nigerian lithium portfolio.

St George Mining’s Araxá Project in Brazil gains significant government and community support, highlighting its potential as a world-class rare earths and niobium resource with sustainable mining at its core.

Dart Mining NL reports consistent massive stibnite intersections across a 300m strike at its Coonambula Antimony-Gold Project, advancing drilling efforts and aiming for a JORC-compliant resource. The project’s potential is bolstered by historical and recent high-grade antimony and gold mineralisation.

Critical Resources Limited has completed the acquisition of the Cap Burn Gold Project in New Zealand, securing key permits and land access to launch its inaugural drilling program in a highly prospective gold region.

GreenTech Metals Ltd has raised $5.2 million to fund drilling and resource upgrades at its Munni Munni Platinum-Palladium-Copper-Nickel project, aiming to validate and expand one of Australia’s largest undeveloped PGE deposits.

Finder Energy has acquired the Petrojarl I FPSO from Amplus Energy for US$15 million, aiming to fast-track its KTJ oil development project with a targeted final investment decision by mid-2026 and first oil by the end of 2027. This move is supported by a two-tranche institutional placement raising A$25 million at a 21.3% discount.