Latest Resources Development News

Greatland Resources (ASX:GGP) exceeded its FY26 production and cost guidance, delivering 329koz of gold at a $2,179/oz AISC and bolstering cash to $1.29 billion. The company advanced key growth projects at Havieron and Telfer, including a major reserve upgrade and promising drilling results at Pinnacles.

Battery Age Minerals has identified multiple priority exploration targets at its Apex Project in Utah, submitted new drilling permits for Austria’s Bleiberg site, finalised a commercial germanium technology licence, and gained entry to a US defense consortium, underpinning its integrated germanium strategy.

Forrestania Resources has raised $310 million and agreed to acquire the Edna May Gold Project for $300 million, aiming to establish a second production hub and accelerate its growth into a mid-tier Australian gold producer.

BOA Resources has secured full ownership of Core Value Australia NL, adding the Thaduna and Green Dragon copper deposits to its Neds Creek portfolio and gearing up for a 15,000m maiden drilling campaign.

Zeotech completed a 110-hole drilling campaign at Toondoon, secured key approvals, progressed AusPozz™ commercial trials, and demonstrated a 92% methane reduction in landfill trials.

Investigator Silver has moved the Paris Silver Project decisively from study to execution, bolstered by a strong cash position and key executive hires to drive development and financing.

Desert Minerals reported strong gold soil anomalies at Mt Monger and completed drilling at Scotty Lithium, pending assays. A $1 million placement boosts cash to A$4.05 million, underpinning upcoming drilling and resource estimation.

Australian Gold and Copper Ltd (ASX: AGC) has completed the second tranche of its $5 million placement, received a nearly $1 million R&D tax refund, and finalized the acquisition of the drill-ready Junee gold project in NSW.

Anson Resources has secured the initial tranche of a AUD 7.2 million facilitation fee from POSCO, advancing the Green River Lithium Project’s Direct Lithium Extraction demonstration plant in Utah.

Patagonia Lithium has reached 200 metres depth at Cilon Well 8, reporting strong brine flow rates and specific gravity readings indicative of lithium presence, while confirming no environmental impact from drilling activities.

Sarama Resources has offloaded its Western Australian gold projects to Riedel Resources for A$3.2 million in cash and shares, securing a substantial equity stake and executive influence in the buyer while limiting shareholder dilution amid its arbitration claim.

Everest Metals has obtained a critical mining lease for its Revere Gold Project in WA, marking a major step from exploration to development with a 260,780-ounce maiden resource and ongoing approvals.