Latest Exploration And Development News

Nelson Resources appoints Nicholas Ong to its board while progressing underground drilling at its Gold Point project in Nevada, with assay results pending and a second drilling phase imminent.

Odyssey Gold’s latest drilling at its Cable deposit within the Tuckanarra Project confirms high-grade gold continuity and resource expansion potential, underpinning its staged development strategy.

Iltani Resources has reported robust assay results from 11 recent drill holes at its Orient West project, confirming multiple high-grade silver-indium intersections and broad mineralised zones at open pittable depths.

ADX Energy’s Sicily Channel biogenic gas play gains validation from an independent technical review, reinforcing its prospective resource estimates and exploration strategy.

Eminence Minerals has sold its non-core Mata da Corda Project in Brazil for USD 2 million, boosting its cash reserves and sharpening focus on priority assets.

Echelon Resources has finalised its exit from Cue Energy Resources following Horizon Oil's takeover, converting its Cue shares into cash and Horizon stock while cutting debt.

Caprice Resources has completed the sale of a 75% stake in its West Arunta Project to Maverick Minerals for A$2.7 million cash, while preserving a free-carried interest and minority stakes. The deal bolsters Caprice’s cash position, enabling intensified focus on its Murchison gold assets and a maiden resource estimate this year.

Osmond Resources is advancing its Orión EU Critical Minerals Project with imminent assay results, upcoming resource estimates, and a secondary listing on the Madrid Stock Exchange, aiming to become the EU's first producer of rare earth-bearing minerals.

Pursuit Minerals has kicked off diamond drilling at the Mito tenement, aiming to unlock a vast lithium brine system that could significantly boost its Rio Grande Sur resource. The drill program follows advanced geophysical work and a recent resource upgrade, positioning the project for potential long-term growth.

Maverick Minerals has finalized the acquisition of the Viper Project tenements from Caprice Resources, expanding its West Arunta footprint with a mix of granted tenements and applications, and establishing a joint venture with Caprice.

Estrella Resources has expanded its manganese exploration footprint in Timor-Leste with rock chip assays up to 57.8% manganese at new Leuro and Sica prospects, confirming broader mineralisation beyond its Ira Miri project.

Sentinel Metals (ASX: SNM) is set to nearly double its North American gold resources to 2 million ounces by acquiring Capricorn Metals' Big Springs project in Nevada for up to $26 million, combining cash, shares, and milestone payments.