Latest Exploration And Development News

Pure Hydrogen Corporation Limited is set to unlock value by spinning out its Australian gas assets into Eastern Gas Limited, offering shareholders free shares in the new entity. The move positions Eastern Gas to capitalize on strong East Coast gas market demand with an anticipated $8–10 million IPO.

McLaren Minerals is set to begin a six-week drilling campaign at its McLaren Titanium Project in Western Australia, aiming to boost resource confidence and explore deposit extensions.

Jupiter Energy Limited reported a net operating cash inflow of $776,000 for the December 2024 quarter, maintaining a solid cash position despite heavy exploration expenditures.

Emmerson Resources has announced a maiden Mineral Resource Estimate for its White Devil deposit, adding nearly 490,000 ounces of high-grade gold and expanding the Tennant Creek resource base by 130% to 866,000 ounces. This milestone sets the stage for accelerated development and potential reclassification of the deposit under the joint venture with Pan African Resources.

Skylark Minerals has reshaped its leadership team with seasoned gold industry veterans and agreed to divest its Citronen Zn-Pb Project, positioning the company for renewed growth and exploration success.

Rox Resources has completed its $27 million capital raising with the final tranche of shares issued to institutional investors and company directors, signaling strong backing for its growth plans.

Red Hill Minerals reports a robust December quarter with $2.7 million in royalty revenue, a special dividend payout, and promising drilling results across multiple gold and base metal projects.

Aruma Resources advances its exploration portfolio with standout assay results at Fiery Creek and strategic leadership changes, setting the stage for upcoming drilling campaigns.

Greenvale Energy has significantly expanded its uranium portfolio with key acquisitions in the Northern Territory and Queensland, supported by promising airborne survey results and progress in its Alpha Torbanite Project.

Lightning Minerals reports a breakthrough spodumene discovery grading up to 4.04% Li2O at its Esperança project in Brazil, alongside multiple lithium drill targets across its Brazilian portfolio, setting the stage for a major drilling campaign in early 2025.

Aurelia Metals delivers a robust December 2024 quarter, hitting key production targets and marking a milestone with first concentrate from its Federation ore. The company maintains a strong balance sheet while advancing growth projects.

Aurelia Metals delivered a robust December quarter, marked by strong cash flow, increased metal output, and the successful processing of its first ore from the Federation mine, underpinning its FY25 guidance.