Latest Exploration And Development News

Viridis Mining and Minerals Limited has requested an immediate voluntary suspension of its shares pending a capital raising announcement, signaling a pivotal moment for the company.

Top End Energy has completed its acquisition of Serpentine Energy, securing a strategic natural hydrogen project in Kansas and gearing up for exploration drilling in the second half of 2025.

Echelon Resources has extended the condition precedent date for its Gas Supply Agreement with Arafura Rare Earths to 31 March 2025, signaling a cautious but steady approach to project timelines.

Tartana Minerals is advancing talks to access the Mungana Processing Plant, potentially unlocking a significant processing capacity for its copper ore and reviving nearby mining operations.

Catalyst Metals Limited is ramping up exploration in the historically underexplored Plutonic Gold Belt, aiming to boost annual gold production from 110,000 to 200,000 ounces. With a robust cash position and a $40 million drilling program underway, the company is poised to unlock significant new resources.

Dreadnought Resources has inked a $1 million share subscription deal with Black Cat Syndicate, securing a pivotal development right for the Star of Mangaroon gold project and setting the stage for drilling to commence in early 2025.

Aurum Resources has closed its takeover offer for Mako Gold, securing over 91% ownership and initiating compulsory acquisition of remaining shares.

Miramar Resources has validated the Bangemall region as a significant new nickel-copper province following detailed mineralogical analysis at its Mount Vernon Project, highlighting promising sulphide mineralisation and a dominant land position.

Strike Resources reports steady progress on its high-grade Apurimac Iron Ore Project in Peru, alongside key developments in its Lithium Energy investment and sale agreement.

Arizona Lithium Limited has secured $11 million through a strategic land sale, cleared Pad #3 for lithium production, and completed key drilling activities, while a court injunction temporarily halts exploration at its Big Sandy project.

Resources & Energy Group Limited (REZ) has resumed trial gold mining at its East Menzies Gold Project, focusing on the Maranoa deposit with a vat leach method. The company anticipates its first gold pour on February 1, 2025, marking a pivotal step toward sustained production.

Horseshoe Metals has broadened its Horseshoe Lights project area and entered a strategic agreement with Melody Gold to process gold surface materials, advancing its copper-gold development plans in Western Australia.