Latest Exploration And Development News

Venus Metals Corporation reports promising gold assay results from its recent drilling at Bellchambers and Rangeview prospects, setting the stage for an updated resource estimate and potential mine development.

Marimaca Copper has successfully closed the first tranche of a C$24.4 million private placement, backing its flagship Chilean copper project. The funding round includes significant participation from related parties, setting the stage for accelerated exploration and development.

Great Boulder Resources has expanded its gold mineralisation at Side Well South near Meekatharra, with recent drilling revealing high-grade intercepts over a 200m strike length. The company is advancing multiple drilling programs and a scoping study to support resource growth.

Perpetual Resources has commenced its first-ever drilling program at the Igrejinha Lithium Project in Brazil’s renowned Lithium Valley, targeting high-grade spodumene mineralisation. Results from this initial phase are expected from July 2025.

Black Canyon Limited is set to significantly broaden its footprint in the eastern Pilbara with the acquisition of 229 square kilometres of new tenements around its Wandanya manganese project, enhancing its potential for large-scale manganese and iron mineralisation.

Felix Gold Limited has launched field exploration and development at its Treasure Creek Antimony Project in Alaska, aiming for potential antimony concentrate production by late 2025. The company is progressing drilling, environmental studies, and engineering design to support a feasibility study and permitting.

Resolution Minerals Limited has secured the Horse Heaven Project in Idaho, adjacent to the major Stibnite Gold Project, aiming to address critical US antimony supply shortages with a planned 2025 drilling campaign.

Kore Potash Plc has had its trading suspension lifted following a key announcement about funding for its Kola Project, signaling renewed investor access and potential project momentum.

Finder Energy has spotlighted its Kuda Tasi and Jahal oil development opportunity at the APAC Energy Capital Assembly, revealing a robust resource base and a streamlined development strategy promising rapid returns.

Torque Metals has completed its acquisition of Aston Minerals through a court-approved scheme of arrangement, issuing new shares to Aston securityholders and delisting Aston from the ASX. The combined entity will operate under Torque’s leadership with a refreshed board.

FireFly Metals has successfully raised approximately A$95 million through a multi-part equity offering to fund an aggressive exploration and development program at its Green Bay Copper-Gold Project in Canada.

Sunrise Energy Metals Limited has announced a $1.5 million Share Purchase Plan (SPP) offering eligible shareholders the chance to invest at 30 cents per share, accompanied by options exercisable at 40 cents until May 2027. The capital raise aims to fast-track the feasibility study and development of its Syerston Scandium Project in New South Wales.