Latest Development Activity News

Mount Gibson Iron Limited is set to acquire a 50% stake in the Central Tanami Gold Project from Northern Star Resources for $50 million, marking its strategic entry into the precious metals sector. The project boasts a substantial 1.6 million ounce gold resource and significant infrastructure, positioning MGX for potential development within 18 months.

Wildcat Resources advances its Tabba Tabba Lithium Project with the Preliminary Feasibility Study nearing completion and strong metallurgical results, supported by a robust cash position of $55.1 million.

High-Tech Metals has obtained crucial mining approvals and formed a joint venture to tap into historic gold stockpiles at its Mt Fisher Project, aiming for early cash flow and resource definition.

Star Minerals has made significant strides in developing its Tumblegum South Gold Project, signing a key MOU with MEGA Resources and completing a $1.6 million capital raise to support upcoming mining activities.

VBX Limited has successfully listed on the ASX and revealed strong preliminary feasibility results for its Wuudagu Bauxite Project, positioning itself to capitalize on rising bauxite demand and supply uncertainties.

Archer Materials advances its quantum computing and medical diagnostics technologies, extending key partnerships and forming a new advisory board while maintaining a strong cash position to fuel development.

Vulcan Energy Resources has raised €30 million through a strategic placement led by BNP Paribas’ Clean Energy Solutions Fund to advance critical development stages of its Phase One Lionheart lithium project.

Turaco Gold’s latest drilling near the Woulo Woulo deposit reveals exceptional high-grade gold intercepts and expands mineralised zones at the Afema Project in Côte d’Ivoire.

Aguia Resources has scrapped its planned convertible note issue, converting $750,000 in subscriptions into a secured loan with a potential share conversion feature, pending shareholder approval.

Victory Metals has significantly enhanced its North Stanmore resource with Gallium inclusion and secured major financing commitments exceeding US$200 million, positioning itself as a strategic supplier amid global rare earths tensions.

Osmond Resources has significantly expanded its Orion EU Critical Minerals Project by 160%, with promising assay results and a planned drilling program to confirm mineral continuity. The company is positioning itself to benefit from strong EU demand for rare earths, titanium, and silicon metals.

Tesoro Gold reveals a large new gold mineralised zone at its El Zorro Project in Chile, with surface sampling returning high-grade assays up to 22.10 g/t Au. The discovery sets the stage for upcoming drilling campaigns.