Latest Exploration And Development News

Sentinel Metals (ASX: SNM) is set to nearly double its North American gold resources with the acquisition of the Big Springs Gold Project in Nevada, adding 1.01 million ounces to its portfolio alongside Montana’s Columbia Project.

Constellation Resources has launched a one-for-three entitlement offer priced at $0.12 per share, inviting eligible shareholders across four countries to participate in a $3.22 million capital raise.

Sunstone Metals is pushing the boundaries of its Bramaderos gold-copper project in Ecuador, with all 20 holes assayed in the current drilling campaign delivering long mineralised intersections. The Porotillo porphyry system alone now extends mineralisation over an area of roughly 500m by 200m beyond the existing 3.6Moz resource.

Krakatoa Resources has launched its second underground drilling season at the Zopkhito Antimony-Gold Project, aiming to convert a foreign resource estimate into a JORC-compliant Mineral Resource Estimate while pushing early mine development.

Nordic Resources has promoted Dr Robert Wrixon from Executive Director to Managing Director, signalling leadership continuity as the company advances its Finnish exploration assets. The move formalises Wrixon's longstanding role and aligns executive authority with the company’s growth ambitions.

ACDC Metals has locked in a crucial 10-year Retention Licence for its Goschen Central rare earth and heavy mineral sands project, underpinning long-term development plans backed by a robust $384 million NPV8 Scoping Study.

Vertex Minerals launches a $2.5 million Share Purchase Plan at $0.10 per share, offering eligible shareholders a chance to invest ahead of commercial gold production at Reward Gold Mine.

Andean Silver has promoted Matthew Allen to Managing Director, cementing his leadership as the company pushes its Cerro Bayo silver-gold project closer to production.

Beetaloo Energy reports promising flow testing from Carpentaria-5H with sustained gas rates and low decline, while its Carpentaria Gas Plant construction remains on schedule for first gas sales in late 2026.

Rincon Resources has struck a $1.1 million joint venture deal with Maverick Minerals, divesting 90% of its West Arunta interest while retaining a 10% free-carried stake, freeing capital for its core Telfer South and Crackerbox projects.

Maverick Minerals has secured a binding agreement to acquire a 90% interest in Lyza Mining, adding eight tenements in Western Australia’s West Arunta region to its portfolio. This move complements its pending Viper Project acquisition and positions Maverick to explore for niobium, rare earths, and IOCG deposits across a combined 220 km2 area.

BOA Resources has appointed geologist Graeme Purcell as Managing Director following its acquisition of the Thaduna and Green Dragon copper deposits, setting the stage for a drilling campaign at Neds Creek.