Latest Exploration And Development News

Golden Horse Minerals is set to showcase its dominant Southern Cross tenements and robust drilling success at the upcoming Diggers and Dealers Mining Forum. The company underscores proven gold production and a growing exploration pipeline ahead of a maiden resource estimate.

Yari Resources is set to double its coal resources in Queensland’s Bowen Basin through the acquisition of the Arcadia Coal Project, complementing its Rolleston South asset and advancing a district-scale consolidation strategy.

FireFly Metals has delivered a fresh wave of high-grade copper and gold drilling results at its Green Bay project in Canada, setting the stage for an updated Mineral Resource Estimate and a Preliminary Economic Assessment due by the end of August 2026.

Kalamazoo Resources has delivered standout high-grade gold intersections at its Mt Olympus deposit, underpinning an updated resource estimate and advancing its Ashburton Gold Project development plans.

Dynamic Metals has agreed to sell non-core gold assets within its Widgiemooltha Project to Corazon Mining for up to $3.5 million, including cash, shares, milestone payments, and a 1.5% gold royalty, while retaining lithium rights.

Corazon Mining has significantly expanded its Western Australian gold footprint by acquiring key tenements adjacent to the Chalice Gold Project, adding 170km2 of prospective ground and securing gold rights over underexplored corridors.

LE Minerals (ASX:LEL) reported a strong $60.4 million cash reserve as it progresses a $20 million sale and spin-out of its Queensland graphite assets to M Battery Materials. Meanwhile, exploration at its Capricorn Gold-Copper Belt and White Plains Lithium projects continues with mixed early results.

Larvotto Resources has kicked off processing at Hillgrove's Metz mine while securing the Blockade Copper Mine and moving to acquire Hammer Metals, broadening its critical minerals portfolio.

Echelon Resources has finalised its divestment of Cue Energy shares, boosting cash and cutting debt, while progressing key drilling and gas supply agreements.

Impact Minerals pushes its Lake Hope High Purity Alumina project into pilot production while its JV partner Kuniko hits mineralisation in every hole at Commonwealth, discovering new high-grade extensions.

Jade Gas Holdings has secured regulatory approvals for Mongolia’s first coal bed methane reserves, completed a A$12 million capital raise, and signed a non-binding A$1.1 billion collaboration agreement to fund initial development of its Red Lake gasfield.

Rumble Resources has upgraded its Western Queen gold resource by 17% to 433,600 ounces, secured a near five-year toll milling agreement, and progressed feasibility and permitting work, setting the stage for production in 2027.