Latest Exploration And Development News

Australian Mines Limited has secured earn-in rights to the advanced Boa Vista Gold Project in Brazil’s prolific Tapajós Gold Province, aiming to earn up to an 80% stake through staged exploration and development milestones. The company also announced a $2.5 million capital raising to fund upcoming exploration activities.

Krakatoa Resources has initiated a pivotal two-hole diamond drilling program at its Stone Tank Nb-REE Prospect in Western Australia, targeting significant gravity anomalies that may reveal valuable rare earth mineralisation.

Bryah Resources’ subsidiary has acquired a 0.75% net smelter return royalty over key tenements in the Bryah Basin manganese project, streamlining the asset and enhancing future strategic options as the project advances towards production.

Resolution Minerals is set to begin its first exploration program at the Horse Heaven Project in Idaho, targeting gold, antimony, silver, and tungsten near a major US mining operation.

Peak Minerals has raised $3.5 million through a strategic placement at a 12-month high share price, backing its Minta Rutile Project in Cameroon. The funds will fast-track exploration amid rising global demand for low-carbon titanium and rare earths.

Gold Hydrogen has attracted a $14.5 million strategic investment from global energy leaders Toyota, Mitsubishi Gas Chemical, and ENEOS Xplora, following promising drilling results in South Australia. The funds will accelerate exploration and commercialisation of natural hydrogen and helium resources.

Wia Gold Limited has reported its best-ever high-grade gold intercept at the Kokoseb Gold Project, with drilling results that promise a significant resource upgrade. The ongoing campaign continues to reveal robust mineralisation across multiple zones, keeping the deposit open for expansion.

Sipa Resources is set to begin its first gold drilling program at the newly acquired Tunkillia North and Nuckulla Hill projects in South Australia, targeting promising mineralisation within a prolific gold belt.

NT Minerals has agreed to sell its Redbank and Wollogorang copper projects to Golden Horse Minerals for $3 million in combined cash and equity, shifting its strategic focus to other critical mineral assets.

Aguia Resources has successfully closed its Share Purchase Plan, raising approximately $649,200 through the issuance of over 18 million new shares. This capital injection supports the company’s phosphate and gold projects in Brazil and Colombia.

QEM Limited has completed its leadership transition with Robert Cooper stepping in as Managing Director and CEO, signaling a strategic shift as the company advances its flagship Julia Creek Vanadium and Energy Project.

St George Mining has launched advanced geophysical surveys at its Araxá Niobium and Rare Earths Project in Brazil, aiming to pinpoint new high-grade mineralisation zones and support ongoing drilling efforts.