Latest Exploration And Development News

Miramar Resources has kicked off a significant reverse circulation drilling campaign at its Gidji JV Gold Project, targeting promising bedrock gold deposits near Kalgoorlie. The program aims to follow up on earlier discoveries of supergene gold anomalies with deeper exploration.

Aurum Resources has reported significant resource growth and strong drilling results at its Boundiali and Napié gold projects in Côte d’Ivoire, supported by a robust $40 million cash position.

Perseus Mining reported steady gold production in Q2 FY26 with 88,888 ounces at a higher cost, maintaining a robust cash and bullion balance of US$755 million. The company’s development projects remain on track despite increased royalties and a rejected acquisition bid.

Lefroy Exploration has transitioned its Lucky Strike Gold Mine from approvals to active mining, with first ore haulage and toll milling set for early 2026. Meanwhile, promising drilling results at the Burns Gold Project hint at further resource growth.

Tanami Gold NL reports significant drilling progress and an 18% increase in resource tonnes at its Central Tanami Project, reinforcing its growth potential ahead of a key joint venture acquisition.

Lode Resources has reported a series of impressive high-grade silver and antimony drill results from its Montezuma Project in Tasmania, alongside completing a significant divestment of its Webbs Consol Silver Project, strengthening its balance sheet for further exploration.

Mindax Limited advances its vision for Western Australia's Mid-West iron ore hub, issuing 58 million options to directors and raising fresh capital to fuel exploration and development.

BMC Minerals has successfully listed on the ASX, raising A$100 million to accelerate exploration and development of its polymetallic Kudz Ze Kayah Project in Canada’s Yukon. The company’s strong feasibility study and binding offtake agreements position it as a future leader in silver and zinc production.

Octava Minerals has amended its acquisition terms for the Byro REE Project, extending the deadline and replacing a share grant with performance rights tied to project milestones.

GoldArc Resources has identified multiple high-priority gold targets at its Leonora projects and secured strategic partnerships to accelerate mining development, backed by a $2.5 million cash advance facility.

Riedel Resources has completed a key drilling program at its Kingman Gold Project in Arizona and secured $1.78 million through an entitlement offer, while appointing Adrien Wing to its board.

Eagle Mountain Mining has completed a significant placement of nearly 95.4 million new shares and over 31.8 million options to address the shortfall from its recent entitlement offer, reinforcing its capital base as it advances copper-gold projects in Arizona.