Latest Development Programs News

Sun Silver Limited has reported a substantial 59 million ounce silver equivalent increase in its Maverick Springs mineral resource, now totalling 539Moz AgEq, alongside commencing U.S. OTCQX trading and appointing a strategic advisor to boost U.S. government engagement.

Orbital Corporation Ltd reports a stronger cash position and a strategic new order for its 350cc heavy fuel engine, signalling growth in both military and commercial UAV markets.

Inhalerx Limited reported a $628,000 cash burn in the December quarter while securing substantial funding facilities to advance its clinical trials. The company’s cash position and financing arrangements suggest a runway extending over 80 quarters at current spending levels.

Far East Gold’s December quarter report highlights significant high-grade gold discoveries at its Idenburg Project and a key regulatory approval that paves the way for accelerated development.

Indiana Resources has reported significant drilling results at its Minos Gold Project, including high-grade gold intersections up to 71 g/t, while also resolving a longstanding dispute with Tanzania. The company bolsters its exploration team and awaits assay results from nearby prospects.

Pearl Gull Iron Limited has completed the sale of its Cockatoo Island Project, receiving $2.5 million upfront and securing a 4% indirect equity stake in Crestlink Pty Ltd, alongside future royalties. The company is now focused on leveraging these proceeds to explore new opportunities.

Patrys Limited has acquired Reliis, gaining a promising injectable formulation of quetiapine aimed at treating delirium with a rapid FDA approval pathway. This move positions Patrys at the forefront of addressing a significant unmet medical need in critical care.

Axel REE Limited reports a remarkable 145% increase in rare earth elements and 339% gallium resource growth at its Caladão Project, alongside a metallurgical breakthrough that could slash development costs through in-situ leaching.

Empire Resources has reported promising drill results from its Yuinmery Copper-Gold Project, revealing high-grade mineralisation and new gold prospects, while awaiting assay results from Pennys Gold drilling.

Viking Mines has completed a cutting-edge drone survey at its Linka Tungsten Project, integrating 1970s data with modern technology to fast-track exploration and permitting.

Tlou Energy Limited reported a challenging quarter with net cash outflows but secured financing and is actively seeking additional funds to sustain its operations and development plans.

Elevate Uranium Ltd has completed a $25 million capital raising and is nearing steady state operations of its U-pgrade pilot plant in Namibia, while expanding its uranium resource portfolio through extensive drilling and a strategic acquisition from Core Lithium Ltd.