Latest Exploration And Development News

ACDC Metals has lodged a retention licence application for its Goschen Central project in Victoria, marking a pivotal step in developing a critical minerals supply hub with strong economic prospects.

Matsa Resources has received a significant A$5 million option fee from AngloGold Ashanti, marking a key milestone in their Lake Carey Gold Project partnership. This payment underlines the progressing $101 million deal between the two mining companies.

Future Battery Minerals has identified a significant 1.75km gold anomaly at its Miriam Project in Western Australia, setting the stage for a promising drilling campaign starting in July 2025.

Summit Minerals reports promising first-pass metallurgical results from its Equador Project in Brazil, showing strong potential for producing high-grade tantalum and niobium concentrates using straightforward density separation methods.

Enova Mining advances its CODA Central project in Brazil with six auger holes completed, targeting promising titanium and rare earth mineralisation. Assay results are anticipated by late July, alongside ongoing metallurgical testing to unlock processing pathways.

Trek Metals has expanded its Christmas Creek exploration by adding a diamond drill rig to complement ongoing reverse circulation drilling, aiming to deepen geological insights and target high-grade gold zones.

Dateline Resources’ Managing Director Stephen Baghdadi has exercised over 53 million options, injecting more than $1 million into the company and increasing his shareholding to nearly 13%. This capital boost aims to accelerate exploration and development at the promising Colosseum Gold and Rare Earth Elements Project in California.

Olympio Metals has reported visible gold in the maiden drillhole at its Paquin prospect within the Bousquet Gold Project in Quebec, signaling promising early results ahead of assays expected in mid-July.

Neometals Ltd has released its first JORC-compliant Mineral Resource Estimate for the Ironclad deposit within its 100% owned Barrambie Gold Project, confirming an inferred resource of 13,000 ounces of gold. This milestone validates historic data and sets the stage for near-surface mining development.

Brightstar Resources reports compelling new gold assay results from its Sandstone Hub drilling, highlighting significant mineralisation at the Bull Oak deposit and promising early-stage findings at Sandstone North.

Triangle Energy has signed binding agreements to sell its onshore Cliff Head assets to Pilot Energy, marking a strategic shift to focus on oil and gas exploration in the Perth Basin.

Prominence Energy Ltd has acquired the expansive Gawler Hydrogen Project, positioning itself at the forefront of natural hydrogen exploration in South Australia. This strategic move aligns with the company’s focus on early-stage, high-return energy sector opportunities.