Latest Resources Development News

Pure Resources has deepened its partnership with Rice University to develop carbon nanotube fibre thermal management technology aimed at AI and defence markets, leveraging its Garnet Hills graphite for a vertically integrated IP pipeline.

Lincoln Minerals (ASX:LML) has received all necessary approvals to begin a significant air core drilling program at its Minbrie Copper Project in South Australia, targeting 17km of prospective copper stratigraphy including 1.7km of untested strike at Eagle Ridge. The company plans at least 40 holes in Q2 2026 to identify key targets for follow-up drilling.

Emerald Resources NL reports robust high-grade gold intercepts from its Dingo Range project in Western Australia and key Cambodian assets, reinforcing resource growth and underground development potential.

Marmota Limited has launched an extensive maiden drilling campaign targeting the southern Mainwood extension of its Greenewood gold discovery in South Australia’s Gawler Craton, aiming to expand the mineralised strike to 2km.

Eagle Mountain Mining has formalised a joint venture with Nittetsu Mining for the Oracle Ridge copper project in Arizona, with Nittetsu committing US$20 million to advance exploration and development while managing the operation.

True North Copper is set to acquire Renegade Exploration’s stake in the Carpentaria Joint Venture, integrating the Mongoose resource with its Taipan deposit to boost the Cloncurry Copper Project’s scale and development potential.

Omnia Metals has appointed Graham Peterson as Senior Geologist to drive exploration and resource definition at its key US critical minerals projects, leveraging his extensive North American experience and cross-jurisdictional insights.

Hawk Resources has reported high-grade copper mineralisation near surface at its Cactus project in Utah, with spot pXRF assays peaking at 37.3% copper over potentially wide intervals. The ongoing drilling campaign aims to delineate a shallow mineralised zone along a historically mined corridor.

Heavy Rare Earths Limited (ASX:HRE) is set to kick off its maiden drilling campaign at the South Ridge tin project in Prospect Hill, South Australia, following environmental approvals and cultural heritage clearances. The ~2,500m program aims to define a maiden resource against a backdrop of surging global tin prices and recent weather-related delays.

Ora Banda Mining delivered a record 38,800 ounces of gold in the March quarter, generating $76.3 million in free cash flow and boosting cash reserves to $231.7 million. The company also reported a tenfold increase in its Round Dam Mineral Resource to 1.33 million ounces, underpinning its aggressive growth strategy.

Temas Resources is tapping the Canadian market with a $1.5 million flow-through share placement aimed at advancing its titanium projects in Quebec. The raise supports exploration expenses tied to its proprietary processing technology and resource development.

Aldoro Resources has confirmed a major mineralisation extension at its Kameelburg deposit in Namibia, with drill hole DD004E intersecting 387.2 meters of continuous rare earth elements, strontium, niobium, and molybdenum. The Phase II drilling program is complete, setting the stage for bulk sampling.