Latest Exploration And Development News

Trigg Minerals has defined a substantial Exploration Target at its Antimony Canyon Project in Utah, estimating up to 15.6 million tonnes of ore with significant antimony content. The company plans advanced exploration to convert this target into a formal resource.

GBM Resources has received the initial $400,000 payment from Lithium Energy as part of a staged $3.2 million sale of its Mt Morgan Gold-Copper Project, marking a key step in its strategic asset divestment.

Patagonia Lithium has announced a 319% increase in its Formentera Lithium Brine Project resource to 551,400 tonnes of lithium carbonate equivalent, underpinned by high porosity and lithium grades. The company plans a 1,000 tonnes per annum demonstration plant in 2025/26, leveraging proven Ekosolve extraction technology.

Nordic Resources has expanded its gold inventory by 34%, adding 264,000 ounces from its newly updated Hirsikangas project in Finland, lifting total resources to 1.23 million ounces gold equivalent.

Castile Resources has integrated bismuth as a by-product into its Rover 1 Bankable Feasibility Study following China’s export restrictions, positioning itself as a key supplier amid global supply shocks. The company also advances exploration with innovative technology and secures strategic partnerships in critical mineral supply chains.

Kingston Resources has received the first $50 million payment from the sale of its Misima Gold Project, bolstering its balance sheet and enabling a strategic pivot towards expanding its Australian copper operations.

FireFly Metals has doubled its Share Purchase Plan to A$10 million following overwhelming demand, boosting its cash position to approximately A$145 million to accelerate drilling and mining studies at its Green Bay Copper-Gold Project.

Ora Banda Mining delivered a strong FY25 with 92.4koz gold produced, up 32% year-on-year, and sets an ambitious FY26 target of 140-155koz driven by new underground mines and strategic partnerships.

Robex Resources reports strong grade control drilling results from the Mansounia deposit, reinforcing confidence in the Kiniero Gold Project's planned Q4 2025 production. The company also secures US$25 million in funding to advance construction.

Chariot Corporation Ltd is set to acquire a 66.7% interest in a substantial Nigerian lithium portfolio, marking a strategic entry into Africa’s burgeoning lithium sector with a US$10 million funding commitment.

Turaco Gold’s latest drilling near the Woulo Woulo deposit reveals exceptional high-grade gold intercepts and expands mineralised zones at the Afema Project in Côte d’Ivoire.

Aguia Resources has locked in $2.687 million in loan commitments, including a $500,000 stake from its Executive Chairman, to fund ongoing mine development and exploration in Colombia. The loans feature convertible terms and options issuance, pending shareholder and ASX approvals.