Latest Development Activity News

Recce Pharmaceuticals has gained key regulatory and ethics approvals for its Phase 3 clinical trial in Indonesia and completed patient dosing for its Phase II trial, while securing a substantial A$6.75 million R&D tax rebate to bolster its financial position.

Marvel Gold Limited has secured extensions for key tenement transfers in Mali, pushing deadlines to 2026 due to the ongoing closure of the Mali Cadastre. This move preserves its strategic foothold in the region amid regulatory uncertainty.

Theta Gold Mines has made significant strides in developing its TGME Gold Plant, securing $6 million in private equity and progressing an EPC contract with PowerChina's subsidiary. The company is also integrating surface gold resources into its mining schedule and advancing environmental and social governance initiatives.

Cardiex Limited reported a $2.94 million cash outflow for Q2 FY2025 but bolstered its balance sheet with a $3.25 million placement. The company has begun delivering its CONNEQT Pulse units, signaling a new revenue stream and ongoing R&D investment.

Challenger Gold has secured a binding toll processing agreement to fast-track production at its Hualilan Gold Project in Argentina, while also reporting promising drilling results from its Colorado V project in Ecuador and completing a strategic capital raise.

Flagship Minerals Limited has significantly expanded its Rosario Copper Project in Chile, revealing high-grade copper mineralisation and securing a $35 million equity investment to accelerate development.

EV Resources has secured a 70% stake in the Los Lirios Antimony Mine in Mexico and reported promising geophysical survey results at its Parag Copper-Molybdenum Project in Peru, setting the stage for accelerated exploration and development.

Caprice Resources has launched a 5,000m drilling program at its Island Gold Project and expanded its West Arunta copper-niobium exploration tenure, supported by a $2.5 million capital raise. The company is sharpening its focus on high-grade gold assets in the Murchison goldfields while advancing large-scale greenfield projects.

Critical Resources Limited reports outstanding high-grade antimony and gold assay results at its Mayview Homestead Prospect, alongside a strategic acquisition of the Amoco Antimony-Gold Project, reinforcing its position in the prolific Hillgrove region.

Cosmo Metals has made significant strides in its exploration programs at the Kanowna Gold Project and Yamarna Region, supported by a recent $500,000 capital raise via convertible notes. The company is strategically evaluating project opportunities to maximise stakeholder value.

Lithium Universe Limited reveals a robust Preliminary Feasibility Study for its Bécancour Lithium Refinery, confirming strong economic viability and progressing towards a Definitive Feasibility Study. Strategic logistics partnerships and funding plans position the company to capitalize on North America's growing lithium demand.

AXP Energy reports a 12% decline in oil production but a 9% revenue increase, driven by strategic gas-to-power initiatives and a new joint development agreement.