Latest Exploration And Development News

Everest Metals Corporation's recent aircore drilling at the Revere Gold Project confirms a continuous regional gold trend with multiple high-grade intercepts, setting the stage for a maiden resource estimate.

LinQ Minerals Limited has filed a Replacement Prospectus for its IPO to raise up to $10 million, anchored by its 100%-owned Gilmore Project in NSW with a substantial 2024 Mineral Resource Estimate. The company aims to advance exploration and development of this significant gold-copper asset in a tier-1 jurisdiction.

Turaco Gold Limited invites eligible Australian and New Zealand shareholders to participate in a $4 million Share Purchase Plan at $0.44 per share, following a recent $60 million institutional placement. The discounted offer aims to fund exploration and development at the Afema Gold Project.

ACDC Metals has lodged a retention licence application for its Goschen Central project in Victoria, marking a pivotal step in developing a critical minerals supply hub with strong economic prospects.

Matsa Resources has received a significant A$5 million option fee from AngloGold Ashanti, marking a key milestone in their Lake Carey Gold Project partnership. This payment underlines the progressing $101 million deal between the two mining companies.

Future Battery Minerals has identified a significant 1.75km gold anomaly at its Miriam Project in Western Australia, setting the stage for a promising drilling campaign starting in July 2025.

Summit Minerals reports promising first-pass metallurgical results from its Equador Project in Brazil, showing strong potential for producing high-grade tantalum and niobium concentrates using straightforward density separation methods.

Enova Mining advances its CODA Central project in Brazil with six auger holes completed, targeting promising titanium and rare earth mineralisation. Assay results are anticipated by late July, alongside ongoing metallurgical testing to unlock processing pathways.

Trek Metals has expanded its Christmas Creek exploration by adding a diamond drill rig to complement ongoing reverse circulation drilling, aiming to deepen geological insights and target high-grade gold zones.

Dateline Resources’ Managing Director Stephen Baghdadi has exercised over 53 million options, injecting more than $1 million into the company and increasing his shareholding to nearly 13%. This capital boost aims to accelerate exploration and development at the promising Colosseum Gold and Rare Earth Elements Project in California.

Olympio Metals has reported visible gold in the maiden drillhole at its Paquin prospect within the Bousquet Gold Project in Quebec, signaling promising early results ahead of assays expected in mid-July.

Neometals Ltd has released its first JORC-compliant Mineral Resource Estimate for the Ironclad deposit within its 100% owned Barrambie Gold Project, confirming an inferred resource of 13,000 ounces of gold. This milestone validates historic data and sets the stage for near-surface mining development.