Latest Exploration And Development News

Cue Energy Resources reported a 10% revenue increase to $54.8 million in FY2025, declaring a final dividend and advancing key development projects that underpin future growth.

Gladiator Resources has inked a strategic agreement with Apex USA Resources to explore and develop rare earth element tenements in the United States, marking a significant diversification from its Tanzanian uranium projects.

Alkane Resources reported a robust FY2025 with a 87% jump in profit after tax to A$33 million, driven by higher gold production and prices. The company also completed a transformative merger with Mandalay Resources, creating a diversified gold and antimony producer.

Regis Resources Limited delivered a strong FY25 with record revenue and net profit, becoming debt-free and declaring a dividend, while advancing its underground growth strategy. However, its McPhillamys Gold Project faces a significant legal hurdle following a heritage protection declaration.

Rimfire Pacific Mining clarifies its recent capital raising progress, confirming receipt of nearly $3 million and the issuance of 199 million shares, with a further tranche pending shareholder approval.

Ausgold Limited has resolved a long-standing legal dispute by acquiring critical freehold land for its Katanning Gold Project, unlocking new drilling opportunities and prompting a re-optimisation of its feasibility study.

Melbana Energy has successfully raised $7 million through a discounted share placement with attaching and bonus options, aiming to finance drilling at its Amistad-2 well and support general corporate needs.

WIN Metals has secured $2.35 million through a heavily oversubscribed placement to accelerate drilling at its high-grade Radio Gold Mine and advance resource evaluation at Butchers Creek.

Lincoln Minerals Limited’s LMLO securities have been suspended from ASX quotation due to non-compliance with listing rules, raising questions about the company’s regulatory standing.

Diablo Resources is progressing exploration at its Phoenix Copper Project in Utah, targeting copper mineralisation near the producing Lisbon Valley Mine. Assay results from ongoing drilling and sampling are expected soon, supported by streamlined US permitting.

Gorilla Gold has announced a significant shallow high-grade gold discovery at its Happy Jack Prospect within the Comet Vale Project in Western Australia, revealing new parallel mineralised structures and expanding the project's exploration potential.

Everest Metals Corporation reveals significant progress in its gold projects and leads the development of Australia’s first rubidium industry, positioning itself at the forefront of critical minerals innovation.