Latest Development Program News

Nexalis Therapeutics (ASX: NX1) has voluntarily suspended trading of its shares pending a material announcement on its existing debt funding facility, extending a recent trading halt. The suspension is set to last until the earlier of the announcement release or resumption of trading on 28 May 2026.

Goodman NZ surged to a $248 million statutory profit in FY26, propelled by strong property revaluations and leasing gains, while advancing major development projects and transitioning to a stapled group structure.

Kalamazoo Resources has unveiled a substantial underground Exploration Target at its Peake Deposit, potentially adding up to 380,000 ounces of gold and extending the Ashburton Gold Project’s mine life beyond current plans.

Ragusa Minerals has started an induced polarisation geophysical survey at the Black Rock Manganese Mine within its Purple Pansy Project in Arizona, aiming to map high-grade manganese mineralisation and prepare for drilling.

Brookside Energy has completed critical pad and access preparations for its two-well development program at the SWISH Area of Interest, setting the stage for drilling and production growth in the Anadarko Basin.

TG Metals Limited has achieved over 90% gold recovery in heap leach testwork on its Laterite resource at the Van Uden Gold Project, advancing preparations for a final investment decision in Q3 2026.

5E Advanced Materials secures a decade-long boric acid offtake agreement and advances boron product development, while reporting a $12.1 million quarterly loss and planning ASX delisting.

Pantoro Gold has identified a substantial high-grade gold zone at its Racetrack Target, adjacent to the OK Underground Mine, promising to boost production capacity at Norseman.

Zenith Minerals has initiated a strategic review to explore corporate and asset options aimed at maximising shareholder value, centred on its Consolidated Dulcie Gold Project which hosts a 675,000-ounce gold resource.

Adavale Resources (ASX:ADD) is intensifying its drilling campaign at the London Victoria gold mine, delivering promising high-grade results and expanding its footprint with new tenure acquisitions. The company targets a mid-year resource update amid ongoing assay releases and greenfield exploration.

Peel Mining’s scheme of arrangement with Aeris Resources, coupled with the demerger of Spectre Metals, gains strong endorsement from an independent expert, positioning shareholders for exposure to both a copper producer and a zinc-focused explorer.

Great Boulder Resources has raised $40 million through a two-tranche placement to fund its acquisition of Westgold’s Peak Hill Gold Project, positioning the company for an aggressive drilling campaign and a pathway to capital light production.