Latest Exploration And Development News

Forrestania Resources has initiated a scrip-based takeover offer for Kula Gold, valuing the company at nearly $59 million and promising regional consolidation in Western Australia's gold belt. The Kula board unanimously supports the deal, pending shareholder approval and regulatory conditions.

Black Cat Syndicate has locked in ore purchase agreements to boost processing at Lakewood, supporting the ramp-up of its Fingals and Majestic mines under its More Gold, Sooner strategy.

Patronus Resources reports a robust $70 million in cash and investments alongside 2.3 million ounces of gold equivalent resources, underpinning a multi-commodity growth strategy across Western Australia and the Northern Territory.

Canterbury Resources is on the cusp of completing a pivotal scoping study for its Briggs Copper Project, while deep drilling advances to unlock higher-grade mineralisation. The company also moves forward with new exploration initiatives and a share purchase plan to bolster funding.

Verity Resources has acquired the remaining 34% joint venture interest in its Botswana copper-silver and nickel projects, gaining 100% ownership of a strategically significant critical metals portfolio. This move positions Verity to accelerate development in a region benefiting from major US export-import bank financing.

TMK Energy reports a significant 60% increase in gas production at its Gurvantes XXXV Pilot Well Project in September 2025, driven by improved drilling techniques and strategic reservoir management despite operational challenges.

Ballymore Resources has identified significant shallow copper-gold mineralisation at its Andromache prospect through a recent induced polarisation survey, setting the stage for upcoming drilling campaigns across multiple Queensland projects.

Constellation Resources has confirmed the presence of natural hydrogen and helium in its Edmund-Collier project through CSIRO testing, marking a pioneering step in Western Australia's energy exploration landscape.

Infini Resources has significantly expanded its landholding at the Portland Creek Uranium Project in Newfoundland by 68%, staking 410 new mineral claims. Early drilling results reveal encouraging uranium and molybdenum mineralisation, setting the stage for further exploration.

Patronus Resources has confirmed significant gold mineralisation at its Guppy prospect within the Cardinia Gold Project, with follow-up drilling planned in early 2026 to explore its full potential.

Warriedar Resources has reported robust assay results from 50 drillholes at its Ricciardo deposit, confirming continuity of high-grade gold and antimony mineralisation within its Golden Range Project. The ongoing drilling program aims to further enhance resource confidence and potential growth.

Wildcat Resources has completed a key tenement swap with Northern Star Pilbara, acquiring a crucial licence adjacent to its Tabba Tabba lithium project. This move is set to enhance the project's development and cost structure ahead of the 2026 feasibility study.