Latest Exploration And Development News

Diablo Resources is progressing exploration at its Phoenix Copper Project in Utah, targeting copper mineralisation near the producing Lisbon Valley Mine. Assay results from ongoing drilling and sampling are expected soon, supported by streamlined US permitting.

Gorilla Gold has announced a significant shallow high-grade gold discovery at its Happy Jack Prospect within the Comet Vale Project in Western Australia, revealing new parallel mineralised structures and expanding the project's exploration potential.

Everest Metals Corporation reveals significant progress in its gold projects and leads the development of Australia’s first rubidium industry, positioning itself at the forefront of critical minerals innovation.

Mount Ridley Mines Limited has announced a pro-rata entitlement offer to raise up to $596,842, accompanied by free attaching options, alongside a $234,000 placement aimed at funding key exploration projects and working capital.

Redcastle Resources Limited has resumed trading on the ASX following key announcements about a joint venture farm-out, a strategic placement, and a major gold project acquisition.

Magnetite Mines has launched a $2.65 million renounceable rights issue with increased underwriting support, following promising rare earth mineralisation findings at its Ironback Hill Project.

Wia Gold Limited has raised A$30 million through a placement to fund accelerated exploration and development at its Kokoseb gold project in Namibia, bolstering its cash position to approximately A$55 million.

Orezone Gold Corporation reveals promising high-grade drill results beneath existing pits at its Bomboré Gold Mine, highlighting potential for significant resource expansion and production increase.

Dart Mining NL has launched a significant options offer tied to a recent $2.86 million placement, potentially raising over $6 million if exercised. The offer includes a mix of placement, broker, and bonus options, subject to shareholder approval and ASX quotation.

Dart Mining NL has lodged a prospectus for a substantial options offer, including a bonus issue to shareholders and options linked to a recent $2.86 million placement. The move aims to reward investors and potentially raise over $6 million if options are exercised.

Carnaby Resources has completed its acquisition of the Trekelano mining leases, advancing exploration and integration efforts within its Greater Duchess Copper Gold Project.

Star Minerals reports exceptional shallow gold assay results from infill drilling at its Tumblegum South Gold Project, reinforcing the deposit's quality and advancing plans for production. The company anticipates further assay results and an updated resource estimate soon.