Latest Exploration And Development News

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Alicanto Minerals has kicked off a 50,000-metre drilling campaign to expand the 915,000oz Mt Henry gold resource, backed by a fresh $18.1 million non-dilutive funding package and key leadership changes.
Maxwell Dee
Maxwell Dee
29 Apr 2026
Brightstar Resources (ASX:BTR) has fully funded its Goldfields Project development with a $193 million equity raise and a US$120 million senior secured bond, targeting 75,000oz gold production from mid-2027 while progressing Sandstone towards a Final Investment Decision.
Maxwell Dee
Maxwell Dee
29 Apr 2026
Catalyst Metals reported stable gold production at Plutonic despite rising costs, unveiled a promising new ore source at Cinnamon, and expanded its landholdings significantly in the Bryah Basin.
Maxwell Dee
Maxwell Dee
29 Apr 2026
Lefroy Exploration has transitioned to producer status with first gold from Lucky Strike, strong drilling results pointing to resource expansion, and a bolstered cash position supported by BML Ventures financing.
Maxwell Dee
Maxwell Dee
29 Apr 2026
Carnaby Resources has delivered a robust Pre-Feasibility Study and declared its maiden Ore Reserve at the Greater Duchess Copper Gold Project, setting sights on first production in the second half of 2026.
Maxwell Dee
Maxwell Dee
29 Apr 2026
Patronus Resources has validated extensive gold targets at Pine Creek and begun diamond drilling at Fountain Head, while securing full ownership of Guppy-Benalla and divesting non-core assets to maintain a strong $75 million cash position.
Maxwell Dee
Maxwell Dee
29 Apr 2026
New Frontier Minerals has secured technical approval for its Big One Copper Deposit Mining Lease Application, updated exploration targets across multiple copper prospects, and expanded its rare earths footprint in Australia and Canada.
Maxwell Dee
Maxwell Dee
29 Apr 2026
Midas Minerals has unveiled an initial inferred resource of 10.5Mt at 1.6% copper and 21g/t silver for its T-13 deposit in Namibia, alongside a $28 million placement to accelerate drilling and feasibility studies.
Maxwell Dee
Maxwell Dee
28 Apr 2026
Audalia Resources has unveiled a maiden Ore Reserve for its Medcalf vanadium-titanium-iron project alongside an updated Pre-feasibility Study outlining two viable development options with strong economic returns. The company faces a tight cash position but is pursuing a $450,000 capital raise to sustain progress.
Maxwell Dee
Maxwell Dee
28 Apr 2026
Bass Oil’s March quarter saw a 13% production dip due to Cooper Basin rains but secured key gas field acquisitions, a $3.5 million grant, and completed a $3 million capital raise.
Maxwell Dee
Maxwell Dee
28 Apr 2026
Nova Minerals has sent out its Scheme Booklet to shareholders and warrantholders, setting the stage for a May 29 vote on its proposed move from Australia to the US. The Independent Expert backs the scheme, and directors recommend approval.
Maxwell Dee
Maxwell Dee
28 Apr 2026
Aurum Resources has boosted its total gold resources to 4.2 million ounces across two Côte d’Ivoire projects, supported by ongoing drilling and a strategic placement led by Perseus Mining. The company’s strong cash position and board strengthening set the stage for upcoming feasibility milestones.
Maxwell Dee
Maxwell Dee
28 Apr 2026