Latest Development Activity News

Nico Resources has raised $1.1 million through a share placement priced at a premium, aiming to accelerate development of its flagship Wingellina nickel-cobalt project and support working capital needs.

Lefroy Exploration has reported outstanding near-surface gold assay results from its Lucky Strike project, validating resource models and revealing promising high-grade zones. With diamond drilling underway to explore a potential larger Stage 2 pit, the company is advancing its development plans backed by partner funding.

Evolution Energy Minerals has landed a US$2 million convertible note commitment from major shareholder ARCH PCC EM SRF to support its Kudu Graphite subsidiary, aiming to accelerate development of the Chilalo Graphite Project.

Galileo Mining has agreed to extend key terms of its lithium joint venture with Mineral Resources at the Norseman project, adjusting payment timelines and earn-in periods to support ongoing exploration.

Tamboran Resources has successfully closed the first tranche of its PIPE, raising US$38.7 million to advance its Beetaloo Basin projects, with a second tranche pending shareholder approval.

Aguia Resources Limited has launched a Share Purchase Plan offering eligible shareholders the chance to buy new shares at a discount, aiming to raise up to $3 million to advance its phosphate and gold exploration projects.

Lunnon Metals has revealed promising results from sterilisation drilling near its Lady Herial gold deposit, uncovering a new stacked gold structure that could expand resource potential.

Gold Mountain Limited has issued nearly 486 million shortfall shares to underwriter Jose Luis Manzano, lifting its recent trading halt. A second tranche to Magnus Capital awaits shareholder approval, marking a pivotal step in the company’s capital raising.

Uvre has cleared a crucial regulatory hurdle in its acquisition of New Zealand’s Waitekauri Gold Project, setting the stage for new leadership and exploration activities.

Copper Search Limited has announced a non-renounceable entitlement offer to raise approximately $504,364, issuing new shares at $0.017 each with attaching options exercisable at $0.034 until mid-2027. The capital raising aims to support exploration drilling and business development across its Australian mineral projects.

Meeka Metals reports strong drilling results at Turnberry Central, extending the Stage 1 oxide open pit by up to 200 metres south and suggesting a significant boost to gold reserves and production plans.

Black Cat Syndicate reports promising underground drilling results at its Paulsens Gold Operation, with development progressing faster than planned in the newly targeted Gabbro Veins. The company is poised to ramp up production as exploration continues.