Latest Exploration And Development News

Red Mountain Mining Ltd is set to recommence exploration at its US antimony projects following winter, supported by US government initiatives and strengthened by a new advisory appointment. The company plans systematic geological mapping and sampling across multiple projects, aiming to advance towards drill testing and resource definition.

OD6 Metals has announced continuous and high-grade fluorspar mineralisation at its Quinn Fluorspar Project in Nevada, with channel sampling returning 12 metres at an average grade of 40.8% CaF2, including a peak of 54.0% CaF2. These results validate historic data and indicate a large-scale breccia replacement system with significant untested potential.

Apollo Minerals Limited has validated significant historical tungsten intercepts up to 5.3% WO3 in unmined areas of its Couflens Project in France, highlighting exploration potential around the Veronique Zone and advancing preparations for further drilling.

Strickland Metals Limited has reported promising first-pass diamond drilling results at the Obradov Potok prospect within its Rogozna Gold and Base Metals Project in Serbia, confirming significant lead-zinc-silver mineralisation consistent with proximity to a copper-gold skarn system.

Alicanto Minerals has obtained an A$18.1 million non-dilutive funding package from Stria Lithium, including cash and equity, to support resource expansion at the Mt Henry Gold Project, where diamond drilling is currently underway.

Enova Mining Ltd (ASX: ENV) has reported further high-grade rare earth element (REE) intercepts from its maiden diamond drilling program at the East Salinas project in Brazil, confirming significant ionic adsorption clay (IAC) mineralisation within saprolite overlying the Medina Intrusive Granite Complex.

Havilah Resources has entered a transformative partnership with Sandfire Resources, unlocking $210 million in staged payments and exploration funding to accelerate development in South Australia's Curnamona Province.

Lefroy Exploration Limited (ASX: LEX) reports encouraging grade control drilling results and successful initial gold production from its Lucky Strike Gold Mine in Western Australia, supporting resource growth and ongoing mining operations.

Condor Energy has agreed to acquire Jaguar Exploration’s 20% stake in the TEA 86 offshore Peru project, moving to full ownership. The deal, structured through performance shares, aims to simplify equity and support licence conversion and future partnerships.

Tamboran Resources Corporation has initiated an underwritten public offering of nearly 3 million shares to support expanded drilling and resource delineation in the Beetaloo Basin, alongside a concurrent institutional entitlement offer.

Resolution Minerals Ltd has secured FAST-41 status for its Antimony Ridge project in Idaho, a designation expected to accelerate permitting and development of this critical minerals asset. The move supports the company's integrated U.S. strategy for antimony, tungsten, and gold, enhancing investor visibility and strategic engagement.

Grand Gulf Energy is intensifying technical evaluations and exploration activities at its Red Helium Project in Utah following a sharp rise in global helium prices triggered by geopolitical disruptions affecting Qatar's helium exports.