Latest Resources Development News

Somerset Minerals has unveiled thick zones of high-grade copper-silver mineralisation from its maiden drilling at the Talisker target in Nunavut, confirming a significant blind discovery beneath glacial cover.

True North Copper has enhanced its Cloncurry Copper Project resource base by adding a 1.0 Mt gold-copper resource at Wynberg, featuring 61,000 ounces of gold and 3,000 tonnes of copper. The update supports near-term development prospects and broadens the project's metal exposure.

Cygnus Metals has lodged its draft scheme booklet with ASIC, moving closer to a planned acquisition by Central Asia Metals. Regulatory approvals in North Macedonia are complete, with Kazakhstan clearance still pending.

WA Gold's latest assays from seven diamond drill holes at Abercromby reinforce the continuity of a high-grade gold system over 500m, underpinning a promising resource development phase.

TechGen Metals (ASX: TG1) enters a catalyst-rich 2026 with fully funded drilling across four copper-gold projects adjacent to multi-million-ounce mines. The company’s $3.7 million cash position supports maiden drilling at Blue & Red Devil and resource development at John Bull.

Raptor Metals has confirmed a significant stacked copper-rich VMS system at its Chester Project through maiden drilling, while expanding its footprint with key acquisitions in the Bathurst Mining Camp.

Arika Resources has locked in strong assay results extending gold mineralisation at Yundamindra and commenced drilling at Kookynie, backed by full project ownership and a $6.55 million placement.

CZR Resources has launched a recommended takeover bid for Zuleika Gold, backed by a robust $65 million cash position and promising drilling results at its Croydon Gold Project.

Rapid Critical Metals has kicked off drilling at its Webbs Silver Project, expanded its NSW footprint with the Tooloom acquisition, and secured a key permit for gallium-germanium drilling in Canada, while metallurgical tests at Webbs and Consol show promising recoveries.

Cosmos Exploration has completed its merger with EAU Lithium, securing key partnerships and technology to progress lithium development in Bolivia. The company also committed to acquiring a German-built pilot plant to support its VULSORB® extraction technology.

Asara Resources secured a A$60 million placement to fund an intensified drilling campaign at its flagship Kada Gold Project in Guinea, reporting significant high-grade gold intercepts and key leadership appointments to drive its growth strategy.

Alice Queen Limited’s Project Definition Study for the Horn Island Gold Project reveals robust economics with a pre-tax NPV of A$706 million and an IRR of 109%, underpinning plans for an 11-year mine life and a rapid 1.1-year capital payback.