Latest Exploration And Development News

Omega Oil & Gas has secured a $7.3 million refundable R&D tax offset for FY23, bolstering its financial position and supporting ongoing development of its promising Canyon Project in Queensland.

Warriedar Resources has reported strong assay results from diamond drilling at its Ricciardo deposit, revealing wide, high-grade gold and antimony mineralisation that surpasses current resource estimates and signals significant growth potential.

Pantoro Gold capped FY2025 with robust production and cashflow, eliminating debt and setting ambitious growth targets for FY2026 at its Norseman Gold Project.

Truscott Mining Corporation has re-established gold production in the Tennant Creek gold field and is progressing the Westminster high-grade gold project through advanced geological research and a structured development plan.

Yugo Metals Limited has launched a $100,000 capital raising through a new options offer, aiming to bolster working capital while navigating significant geopolitical and operational challenges in Bosnia and Herzegovina.

Rimfire Pacific Mining accepts an arbitration ruling that reinstates key project agreements and prepares for a capital raising amid continued voluntary suspension.

Orbminco Limited has executed a binding agreement to acquire the Majestic North Gold Project in Western Australia and commenced maiden drilling, marking a significant step in its growth strategy.

MRG Metals Limited has announced a non-renounceable pro-rata entitlement offer to raise approximately $818,000, aiming to fund exploration and development activities across its heavy mineral sands projects in Mozambique.

Magnum Mining & Exploration has completed key acquisitions of copper-gold projects in the USA and a rare earths package in Brazil, while raising $0.5 million through a recent entitlement offer to fund exploration and development.

Andean Silver Limited has raised A$30 million through a well-supported placement, positioning the company to accelerate exploration and advance mining studies at its Cerro Bayo Silver-Gold Project in Chile.

Hillgrove Resources reported operational gains and exploration success in Q2 2025, despite lower copper output due to grade variability. The Nugent acceleration project is progressing ahead of schedule, setting the stage for increased throughput and cost efficiencies in 2026.

James Bay Minerals reports promising drill results from its Independence Project in Nevada, revealing significant extensions of high-grade gold, silver, and copper mineralisation beyond the current near-surface resource estimate.