Latest Exploration And Development News

GBM Resources has reported a successful Stage 1 drilling campaign at its Twin Hills gold project in Queensland, revealing significant high-grade gold mineralisation beyond existing resources. The company also advanced its portfolio strategy by divesting non-core assets and securing a substantial capital raise.

Rincon Resources has advanced its strategic partnership with Greatland Resources through a staged farm-in and joint venture agreement, while delivering promising drilling results that extend the Hasties gold-copper deposits near the Telfer mine.

Minerals 260 Limited has significantly expanded its Bullabulling Gold Project resource to 4.5 million ounces, nearly doubling its previous estimate, while advancing key development milestones ahead of a mid-2026 Pre-Feasibility Study completion.

Altitude Minerals has bolstered its exploration portfolio with strategic acquisitions in Nevada and New South Wales, commencing extensive drilling programs while maintaining a solid cash position of $1.9 million.

Auric Mining Ltd reported a robust A$16.7 million cash inflow from operations in Q4 2025, driven by gold sales at its Munda project, lifting its cash reserves and funding capacity.

Antipa Minerals has reported a significant resource upgrade and strong drilling results at its Minyari Dome project, advancing its pre-feasibility study towards a mid-2028 investment decision.

Everest Metals Corporation Ltd reported a cautious quarterly cash flow with net outflows from operations and investing, while securing a significant $18.6 million financing facility for its Mt Dimer project development.

Zuleika Gold Limited has announced its first inferred mineral resource estimate for the Paradigm East deposit, marking a key milestone in its Kalgoorlie-area gold projects. Combined with the Credo Well resource, the company now holds over 35,000 ounces of gold resources as it advances mining lease applications and plans further drilling.

Po Valley Energy Limited reported steady gas production and strong cashflows from its Podere Maiar-1 facility during the December 2025 quarter, while completing a major 3D geophysical survey to support future development.

Lion Energy has locked in funding for its Bula Karang-1 well in Indonesia’s East Seram PSC, with drilling set for mid-2026. Meanwhile, the company is holding back on its green hydrogen project pending government grants.

Empire Resources has reported promising drill results from its Yuinmery Copper-Gold Project, revealing high-grade mineralisation and new gold prospects, while awaiting assay results from Pennys Gold drilling.

Platina Resources has significantly broadened its Laverton exploration footprint through conditional acquisitions and reported encouraging maiden drilling results at its Mt McKenna Project, while bolstering its financial position.