Latest Exploration And Development News

Prospect Resources reports significant progress at its Mumbezhi Copper Project, with Phase 2 drilling nearing completion and metallurgical tests confirming robust processing potential. Updated resource estimates are expected by late Q4 2025.

Ausgold Limited has launched a major multi-rig drilling campaign at its Katanning Gold Project, aiming to grow its 2.44 million ounce gold resource and unlock new regional discoveries ahead of a mid-2026 investment decision.

Sandfire Resources reported a robust start to FY26 with copper equivalent production exceeding forecasts by nearly 5%, alongside a significant reduction in net debt and key regulatory approvals advancing its growth projects.

Adavale Resources has appointed industry veteran David Ward as Managing Director to spearhead exploration and drilling at its flagship Parkes Gold-Copper Project, aiming to unlock significant value in one of Australia’s richest mineral provinces.

Fortuna Metals has acquired two exploration licences in Malawi’s emerging rutile province, completed initial drilling programs, and appointed Tom Langley as CEO, positioning itself alongside a world-class deposit. The company also raised $2.1 million to fund ongoing exploration.

Lefroy Exploration has advanced its Lucky Strike Gold Deposit through robust drilling results and a $1.25 million cash advance from partner BML Ventures, positioning the company for imminent mining and further exploration.

Archer Materials has made significant strides in quantum computing and biochip development, enhancing qubit functionality and potassium ion testing accuracy. A new partnership with IMEC aims to accelerate biochip commercialization, supported by a robust $11.6 million cash position.

Antipa Minerals reports significant high-grade gold and copper discoveries at its Minyari Dome project, alongside a robust A$61.4 million cash position following a successful A$40 million equity raise.

Blackstone Minerals has secured $22.6 million to accelerate exploration at its Mankayan Copper-Gold Project in the Philippines, revealing promising high-grade surface mineralization and advancing community and regulatory approvals. The company also formed a strategic joint venture to develop its Ta Khoa Nickel Project in Vietnam, positioning itself in the growing battery metals market.

Caprice Resources has appointed CEO Luke Cox as Managing Director, underscoring confidence in his leadership to drive exploration and development in the Murchison Goldfields and West Arunta regions.

Great Northern Minerals has completed its strategic acquisition of the Catalyst Ridge Project in California, positioning itself in a key US critical minerals hub with promising rare earth and antimony prospects.

Blue Energy has successfully raised $5.8 million through an oversubscribed Share Purchase Plan and placement, positioning itself to accelerate gas appraisal and infrastructure projects in Queensland’s North Bowen Basin.